Global Gene Therapy
Market Report
2024
The global Gene Therapy market size is USD 2.7 billion in 2024. The Gene Therapy market will show the strongest growth with a compound annual growth rate (CAGR) of 17.9% from 2024 to 2031. This growth can be attributed to increasing advancements in genetic engineering and biotechnology.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Gene Therapy market size will be USD 2.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 17.9% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Gene Therapy Market Sales Revenue 2030 | $ 45.62 Billion |
Global Gene Therapy Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.62% |
Market Split by Type |
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Market Split by Vector |
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Market Split by Therapeutic Area |
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Market Split by Delivery Method |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Gene Therapy Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Gene Therapy market represents a revolutionary advancement in medical science, offering potential cures for various genetic disorders by directly modifying the genes causing these diseases. This market is driven by cutting-edge research and technological advancements that enable precise targeting and alteration of genetic material, promising transformative treatments for conditions like hemophilia, cystic fibrosis, and certain cancers. The rise in genetic and chronic diseases, coupled with increasing investments from pharmaceutical companies and venture capitalists, fuels market growth. However, the high costs of development, production, and treatment, along with stringent regulatory hurdles and complex approval processes, pose significant challenges. Despite these barriers, ongoing clinical trials and the potential for groundbreaking therapeutic outcomes continue to drive optimism and investment in the gene therapy sector, positioning it as a pivotal frontier in the future of medicine.
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In December 2023, Voyager Therapeutics and Neurocrine Biosciences initiated a strategic collaboration to commercialize and develop Voyager's GBA1 program and other innovative gene therapies targeting neurological disorders, promising advancements in this critical field of medicine. (Source:https://ir.voyagertherapeutics.com/news-releases/news-release-details/neurocrine-biosciences-and-voyager-therapeutics-enter-strategic)
Top Companies Market Share in Gene Therapy Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to its robust healthcare infrastructure, significant investments in research and development, supportive regulatory environment (such as FDA approvals), and strong presence of biotechnology and pharmaceutical companies focused on gene therapy innovation and commercialization.
Asia-Pacific stands out as the fastest-growing region in the Gene Therapy market due to rising healthcare expenditure, increasing awareness of genetic disorders, and supportive regulatory reforms. Moreover, expanding biotechnology infrastructure and a growing number of clinical trials contribute to the region's rapid adoption and advancement in gene therapy technologies.
The current report Scope analyzes Gene Therapy Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Gene Therapy Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Gene Therapy Industry growth. Gene Therapy market has been segmented with the help of its Type, Vector Therapeutic Area, and others. Gene Therapy market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Gene Therapy market.
Type of Gene Therapy analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Gene Therapy from 2019 to 2031. This will also help to analyze the demand for Gene Therapy across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Vector of Gene Therapy are:
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According to cognitive market research, neurology is the dominant category due to its focus on treating severe and often incurable neurological disorders such as Parkinson's disease, Alzheimer's disease, and certain types of genetic epilepsy. These conditions represent significant unmet medical needs, driving intensive research and development efforts in gene therapy. The complexity of neurodegenerative diseases necessitates targeted approaches that can modify or replace faulty genes to halt or reverse disease progression. Moreover, advancements in delivery methods, such as viral vectors capable of crossing the blood-brain barrier, enhance the feasibility of gene therapy applications in treating neurological disorders .
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Gene Therapy Market is witnessing significant growth in the near future.
In 2023, the Gene Silencing segment accounted for noticeable share of global Gene Therapy Market and is projected to experience significant growth in the near future.
The Viral Vectors segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Novartis AG (Switzerland) , Inc. (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
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Type | Gene Silencing, Cell Replacement, Gene Augmentation, Others |
Vector | Viral Vectors, Non-Viral Vectors |
Therapeutic Area | Neurology, Oncology, Hepatology, Others |
Delivery Method | In Vivo, Ex Vivo |
List of Competitors | Novartis AG (Switzerland), Gilead Sciences, Inc. (US), uniQure NV (Netherlands), Oxford Biomedica PLC (UK), Spark Therapeutics, Inc. (US), SIBONO (China), Bluebird Bio, Inc. (US), Shanghai Sunway Biotech Co., Ltd. (China), Biogen (US), Dendreon Pharmaceuticals LLC (US), Amgen Inc. (US), AnGes, Inc. (Japan), Enzyvant Therapeutics GmbH (Switzerland), Epeius Biotechnologies Corp. (US), Astellas Pharma, Inc. (Japan), American Gene Technologies (US), BioMarin (US) |
This chapter will help you gain GLOBAL Market Analysis of Gene Therapy. Further deep in this chapter, you will be able to review Global Gene Therapy Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Vector Analysis 2019 -2031
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Chapter 12 Market Split by Therapeutic Area Analysis 2019 -2031
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Chapter 13 Market Split by Delivery Method Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Gene Therapy market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Gene Silencing have a significant impact on Gene Therapy market? |
What are the key factors affecting the Gene Silencing and Cell Replacement of Gene Therapy Market? |
What is the CAGR/Growth Rate of Viral Vectors during the forecast period? |
By type, which segment accounted for largest share of the global Gene Therapy Market? |
Which region is expected to dominate the global Gene Therapy Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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