Gene therapy market is valued at USD 0.67 Billion in 2018 and expected to reach USD 5.18 Billion by 2025 with CAGR of 33.9% over the forecast period.
Market Analysis of Gene Therapy-
Gene Therapy is associated with the experimental technique that uses genes to treat or prevent disease. In the future, this system could permit doctors to treat a condition by inserting a gene into patient’s cells rather than exploitation medication or surgery. Gene therapy replaces a faulty gene or adds a new gene in an attempt to cure disease or improve body’s ability to fight disease. Gene therapy holds potential for treating a wide range of diseases, such as cancer, cystic fibrosis, heart disease, diabetes, hemophilia and AIDS. For example, suppose a brain tumor is forming by rapidly isolating cancer cells.
Some of the key players/Manufacturers involved in the Market are:
Sangamo, Spark Therapeutics, Dimension Therapeutics, Avalanche Bio, Celladon, Vical, Advantagene.
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Segmentation Analysis:
By Therapy Type:-
- Somatic
- Germline
- By Vector Type:-
- non-viral Vectors
- viral vectors
By Application:-
- Cancer Diseases
- Monogenic Diseases
- Infectious Diseases
- Cardiovascular Diseases Others
Important years considered in the study are:
Historical year – 2015-2020; Base year – 2020; Forecast period** – 2022 to 2028
Gene therapy Market Report is also available for any Specific Regions Countries:
- North America (US, Canada)
- Europe (Germany, France, UK, Italy, Spain, Sweden, Netherland, Turkey, Switzerland, Belgium, Rest of Europe)
- Asia-Pacific (South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest Of APAC)
- Latin America (Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest Of MEA)
North America is dominating the Market
North America is dominating the gene therapy market during the forecast period due to increasing healthcare expenditure coupled with advancement of technologies. The majority of gene therapies clinical trials recognized targeted cancer diseases. In the US, around 66.81% of gene therapy clinical trials are carried out. While all other countries participated in a small percentage of the trials such as 9.45% in the UK, 3.95% in Germany and around 2% each in Switzerland, France, China, and Japan. Globally, regeneration medicine companies providing Gene cell therapy and tissue engineering for therapeutic developers is expected to grow gene therapy market in this region.
Table of Content:
Chapter 1- Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
Chapter 2– Global Gene therapy Market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Gene therapy Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Gene therapy Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
Chapter 3- Global Gene therapy Market Overview
Chapter 4– Global Gene therapy Market Analysis: Segmentation By Therapy Type
Chapter 5– Global Gene therapy Market Analysis: Segmentation By Vector Type
Chapter 6– Global Gene therapy Market Analysis: Segmentation By Application
Continued@……..
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