The baculovirus expression system provides a cost-effective method for non-eukaryotic protein expression. Baculovirus can infect insect cells and is used as a protein expression vector that enables researchers to amplify and isolate genes from eukaryotic or prokaryotic cells. The baculovirus-insect cell expression system is advantageous over other systems as it facilitates post-translational modifications like glycosylation, phosphorylation, and folding of recombinant proteins to produce biologically-active proteins. The need for therapeutic proteins and biologics is driving the demand for baculovirus expression systems to support efficient and scalable recombinant protein production.
The Global Baculovirus Expression System Market is estimated to be valued at US$ 424.52 billion in 2024 and is expected to exhibit a CAGR of 9.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Baculovirus Expression System Market Size are Motorola Solutions, JVCKENWOOD, Hytera Communications, Sepura, Simoco Wireless Solutions, Tait Communications, Codan Radio Communications, Cisco Systems, Harris Corporation, PowerTrunk.
The rapidly growing demand for biosimilar and biologics is fueling the adoption of Baculovirus Expression Systems Market.
Additionally, technological advancements like multi-cistronic vectors and insect cell lines with enhanced productivities are further expanding the application scope of baculovirus expression systems.
Market Trends
Growing R&D investments: Biopharmaceutical companies are increasingly investing in R&D to develop complex biologics which is propelling the demand for advanced expression platforms like baculovirus systems.
Growing outsourcing of biomanufacturing: Biologics manufacturers are outsourcing vector construction, protein expression, and purification steps to contract service providers to reduce costs which is benefiting the baculovirus expression system market.
Market Opportunities
Cell line engineering: Significant opportunities exist in engineering insect cell lines with enhanced transcription and translation machineries for higher recombinant protein yields.
Combinatorial baculovirus DNA library: Development of baculovirus DNA libraries expressing multiple diverse proteins concurrently could help accelerate biologic drug development programs.
The impact of COVID-19 on Baculovirus Expression System Market growth:
The COVID-19 pandemic has significantly impacted the growth of global Baculovirus Expression System market during 2020-2021. Due to nationwide lockdowns imposed by various governments globally to contain the spread of virus, both manufacturing facilities and R&D centers related to baculovirus expression system were shut down in the initial months of pandemic. This led to decline in overall demand and supply of baculovirus expression systems during this period. However, with resumption of operations while following necessary precautions, the market regained momentum from late 2020. The demand is expected to grow further in coming years owing to increased focus on development of COVID-19 vaccine and therapeutics using baculovirus expression system.
The pandemic accelerated research activities around novel coronavirus and this boosted sales of baculovirus expression systems notably in 2021. Many biopharma companies and research institutes utilized the baculovirus expression platform to produce viral antigens and monoclonal antibodies for vaccine candidates. The recombinant proteins produced through baculovirus expression system also found applications in serological assays for COVID-19 diagnosis and epidemiological studies. With strong pipeline of vaccine and therapy development still underway, the market is anticipated to witness stable growth post pandemic as well enabled by streamlined manufacturing and R&D operations.
In terms of geography, North America held the highest value share of Baculovirus Expression System market prior to COVID-19 pandemic owing to large biopharmaceutical industry and availability of advanced research facilities in the region. Asia Pacific is identified as the fastest growing regional market and is expected to retain its position post pandemic as well due to increasing Government funding for life science research and expansion of Chinese biologics industry. Countries like China, India are likely to offer new opportunities in the coming years.
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