Biolistic Particle Delivery System Market Trends

  • Report ID: 5397
  • Published Date: Nov 24, 2023
  • Report Format: PDF, PPT

Biolistic Particle Delivery System Market Trends

Growth Drivers

  • Advancements in Genetic Research: Advancements in genetic research stand as a primary driver propelling the growth of the Biolistic Particle Delivery System market. The continuous evolution of genetic science, including breakthroughs in genomics, transcriptomics, and epigenetics, necessitates sophisticated tools for efficient gene delivery. Biolistic particle delivery systems, also known as gene guns, have emerged as indispensable instruments in this landscape. According to the National Human Genome Research Institute (NHGRI), the cost of sequencing a human genome has plummeted from millions of dollars to less than a thousand dollars over the past decade.
  • Increased Focus on Genetic Therapies: The increased focus on genetic therapies represents a significant growth driver for the market. As genetic therapies advance, the need for precise and efficient methods of delivering therapeutic genes to target cells becomes paramount, and biolistic particle delivery systems play a crucial role in this domain. Supporting this growth driver is the rise of groundbreaking gene-editing technologies such as CRISPR-Cas9. According to a report, the global CRISPR technology sales are projected to reach USD 10 billion by 2027.
  • Expanding Applications: The expanding applications of genetic engineering and biotechnology across diverse sectors contribute significantly to the growth of the Biolistic Particle Delivery System market. As the understanding of genetics deepens, new avenues for the application of gene delivery systems emerge, creating a demand for versatile and reliable tools like biolistic particle delivery systems. The industrial applications of genetic engineering, including the production of enzymes, biofuels, and other bioproducts, also fuel the demand for gene delivery technologies.

Challenges

  • Cell Viability and Damage: One significant challenge in the development and application of biolistic particle delivery systems is the potential damage to target cells. The physical force used to propel particles into cells can lead to reduced cell viability and damage to cellular structures. Maintaining cell health and minimizing cellular damage is essential, particularly in applications where high cell viability is critical, such as in therapeutic gene delivery. Despite their versatility, biolistic particle delivery systems may face challenges in achieving high delivery efficiency and precision, especially in complex biological environments.
  • Ethical Concerns Regarding Gene Alteration
  • Scalability for Industrial Applications

Biolistic Particle Delivery System Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~12%

Base Year Market Size (2023)

~ USD 20 Billion

Forecast Year Market Size (2036)

~ USD 45 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5397
  • Published Date: Nov 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for pharmaceutical sector is the major factor driving the market growth.

The market size of biolistic particle delivery system is anticipated to attain a CAGR of 12% over the forecast period, i.e., 2024-2036.

The major players in the market Bio-Rad Laboratories, Inc., DuPont de Nemours, Inc., Thermo Fisher Scientific Inc., E. I. du Pont de Nemours and Company, Agilent Technologies, Inc., Biorigin, and others.

The pharmaceutical companies segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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