(Companies Covered: Sigma-Aldrich Inc., ATUM, QIAGEN, Promega Corporation, Thermo Fisher Scientific Inc., GenScript Biotech Corporation, Takara Bio Inc)
The global bacterial and plasmid vectors market is expected to decline from $0.36 billion in 2019 to $0.34 billion in 2020 at a compound annual growth rate of -7.62%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $0.52 billion in 2023 at a compound annual growth rate of 15.48%.
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The bacterial and plasmid vectors market consists of sales of bacterial and plasmid vectors and related services by entities (organizations, sole traders and partnerships) that develop bacterial and plasmid vectors for biotechnological applications. Bacterial vectors are DNA molecules that are the basic tool of genetic engineering and are used to introduce foreign genetic material into a host to replicate and amplify the foreign DNA sequences as a recombinant molecule.
Global Bacterial And Plasmid Vectors Market Segmentation –
1) By Host Type: E.Coli Expression Vectors, Other Bacterial Expression Vectors.
2) By Application: Genetics, Molecular biology, Bioinformatics, Others.
Global Bacterial And Plasmid Vectors Market Driver –
The focus areas for many companies in the bacterial and plasmid vectors market has shifted to mergers and acquisitions to enhance production capabilities. Large prime manufactures are forming joint ventures or buying small or midsized companies to acquire new capabilities or to gain access to new markets.
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Few Points From The Global Bacterial And Plasmid Vectors Market TOC
1. Executive Summary
2. Bacterial And Plasmid Vectors Market Characteristics
3. Bacterial And Plasmid Vectors Market Size And Growth
3.1. Global Bacterial And Plasmid Vectors Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
4. Bacterial And Plasmid Vectors Market Segmentation
4.1. Global Bacterial And Plasmid Vectors Market, Segmentation By Host Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Bacterial And Plasmid Vectors Market Regional And Country Analysis
5.1. Global Bacterial And Plasmid Vectors Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Bacterial And Plasmid Vectors Market
6.1. Asia-Pacific Bacterial And Plasmid Vectors Market Overview
7. China Bacterial And Plasmid Vectors Market
7.1. China Bacterial And Plasmid Vectors Market Overview
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