Newly released data from Fact.MR shows that global demand for gene therapy will likely reach US$ 2.3 Bn by the end of 2021. With the advent of synthetic biology, gene therapy is undergoing material shifts in a variety of research areas. Thus, the market for gene therapy is expected to surpass US$ 18.72 Bn by registering a CAGR of 23% across the forecast period 2021-2031. Yescarta-based gene therapy is expected to reign supreme, acquiring a market share worth 45% until 2031.
The latest market research report analyzes Gene Therapy Market demand by Different segments. Providing business leaders with insights On Gene Therapy And how they can increase their market share.
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Key Segments Covered
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Product
- Yescarta
- Kymriah
- Luxturna
- Strimvelis
- Gendicine
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Application
- Ophthalmology
- Oncology
- Adenosine Deaminase/Deficient Severe Combined Immunodeficiency (ADA-SCID)
The Market insights of Gene Therapy will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Gene Therapy Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Gene Therapy market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Gene Therapy market .
The latest industry analysis and survey on Gene Therapy provides sales outlook in 20+ countries, across key categories. Insights and outlook on Gene Therapy market drivers, trends, and influencing factors are also included in the study.
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This report gives you access to decisive data such as:
- Demand of Gene Therapy Market & Growth drivers
- Factors limiting Gene Therapy market growth
- Current key trends of Gene Therapy Market
- Market Size of Gene Therapy and Gene Therapy Sales projections for the coming years
The report also offers key trends of Gene Therapy market and an in-depth analysis of how the projected growth factors will shape the Gene Therapy market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Gene Therapy Market that are developing the current market scenario and which will be lucrative for the future demand of Gene Therapy Market.
Crucial insights in Gene Therapy market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Gene Therapy market.
- Basic overview of the Gene Therapy, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Gene Therapy across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
The Demand of Gene Therapy Market study includes the current market scenario on the global platform and also Sales of Gene Therapy Market development during the forecast period.
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Competitive Landscape
Gene therapy companies are focusing on investing in factories and launching newer therapies for different diseases. Some notable developments with regards for gene therapy are as follows:
- In July, 2021, BioNTech entered into a collaborative agreement with Gilead Company owned Kite to acquire its neoantigen TCR cell therapy R&D platform and manufacturing facility situated in Gaithesburg. This acquisition will enhance production capacity to support clinical trials in the U.S and complement its already existing cell therapy manufacturing facility in Germany.
- In September 2021, NeuExcel Therapeutics and Spark Therapeutics- a Roche Group company- announced a gene therapy collaboration aimed at developing a safe and effective treatment for patients suffering from Huntington’s disease. In this agreement, the latter will acquire the former’s proprietary neuro-regenerative gene therapy platform and capabilities.
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