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Besides this, the increasing inclination toward clinical studies undertaken on viral vectors and the growing use of viral vectors in novel drug delivery is propelling the market growth. Along with this, governments are launching campaigns to create awareness regarding viral vector vaccines among individuals and improving the regulatory environment through changes that are accelerating the product adoption rate.

Furthermore, extensive research and development (R&D) activities and mergers and acquisitions (M&A) among key players to increase their overall sales and profitability are influencing the global market outlook.

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