0
2022
Gene Therapy Market

Gene Therapy Market

by Vector Type (Viral Vector, Non Viral Vector), by Therapy (In Vivo Therapy, Ex Vivo Therapy), by Gene Type (Antigen, Cytokine, Tumor Suppressor, Suicide, Deficiency, Growth factors, Receptors, Others), by Application (Oncological Disorders, Rare Diseases, Neurological Disorders, Other Diseases): Global Opportunity Analysis and Industry Forecast, 2020-2030

Report Code: A02506
Pages: 262
Tables: 139
Charts: 57
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

Gene Therapy Market Research, 2030

The global Gene Therapy Market Size was valued at $6.0 billion in 2020 and is projected to reach $46.5 billion by 2030, growing at a CAGR of 22.8% from 2021 to 2030. Gene is a functional hereditary unit of life that carries a set of instructions for a particular function. Gene therapy is the advanced treatment applied for cancer, chronic disease, infectious disease, and blood disorders. Gene therapy involves the partial or full replacement of defective genes in a patient's body with healthy ones to treat or prevent disease proliferation. There are two types of gene therapy based on the location of the target gene on a chromosome including somatic gene therapy & germline gene therapy. It can be applied for the treatment of several diseases, such as Parkinson’s, hemophilia, cystic fibrosis, Alzheimer’s, brain tumors, cancer, AIDS, SCID, and others. The transgene is transferred into the host cell by biological vectors, such as the virus, liposome, and plasmids. These vectors are further categorized as viral vectors & non-viral vectors. The viral vector consists of retrovirus, lentivirus, adenovirus, and adeno-associated vector. The non-viral vector includes liposomes, transposons, and plasmids. The physical methods are also available for gene transfer, such as electroporation, sonication, gene gun, and photoporation

The overall impact of COVID-19 remains negative on the gene therapy market, owing to a decline in the number of cancer patient visits to hospitals & clinics for gene therapy (ICI), which lead to a decline in demand for gene therapy products. For instance, according to the NCBI in 2020, around a 50% patient decrease is reported for cancer care in the U.S., and overall cancer therapies are declined by 50% during COVID-19 which leads to a decline in demand for gene therapy products in the market.

Gene Therapy Market, Gene Therapy Market Size, Gene Therapy Market Share, Gene Therapy Market Analysis, Gene Therapy Market Opportunity, Gene Therapy Market Trends, Gene Therapy Market Forecast, Gene Therapy Market Growth

The key factor that drives the Gene Therapy Market Growth is an increase in the prevalence of chronic disorders such as cancer, rare disease genetic disorders, and others globally. In addition, an increase in government support, ethical acceptance of gene therapy for cancer treatment, and a rise in the prevalence of cancer fuel the growth of the market. Furthermore, an increase in healthcare expenditure, the presence of advanced healthcare infrastructure, availability of reimbursements provide Gene Therapy Market Opportunity. However, the high cost of gene therapies is expected to hamper the market growth to a certain extent during the forecast period.

The gene therapy market is segmented on the basis of vector type, gene type, application, and region. On the basis of vector type, it is bifurcated into viral and non-viral vectors. The viral vector segment is further segmented into retroviruses, lentiviruses, adenoviruses, adeno-associated viruses, herpes simplex viruses, poxvirus, vaccinia viruses, and others. The non-viral vector segment is further categorized into naked/plasmid vectors, gene gun, electroporation, lipofection, and others. By therapy type, the market is classified into ex vivo therapy and in vivo therapy. By gene type, the market is classified into antigen, cytokine, tumor suppressor, suicide, deficiency, growth factors, receptors, and others.

By application, it is divided into oncological disorders, rare diseases, neurological disorders, and other diseases. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By Vector Type Segment Review

Gene Therapy Market

By vector type, the gene therapy market is bifurcated into viral and non-viral vectors. The viral vector segment is further segmented into retroviruses, lentiviruses, adenoviruses, adeno-associated viruses, herpes simplex viruses, poxvirus, vaccinia viruses, and others. The non-viral vector segment is further categorized into naked/plasmid vectors, gene gun, electroporation, lipofection, and others.

The non-viral vector segment holds the largest Gene Therapy Market Size and is estimated to witness the highest CAGR during the forecast period. Owing to the rise in the incidence of cancer and other target diseases, the availability of reimbursements policies, and the increase in funding for gene therapy research are the key factors anticipating the growth of the market in upcoming years.

By Therapy Type Segment Review

Gene Therapy Market

By therapy type, the market is classified into ex vivo therapy and in vivo therapy. The in vivo therapy segment held the largest market share in 2020. An increase in the adoption of in vivo gene therapies globally is expected to drive the growth of the market in the future

By Gene Type Segment Review

Gene Therapy Market

By gene type, the market is classified into antigen, cytokine, tumor suppressor, suicide, deficiency, growth factors, receptors, and others. The antigen segment held the largest market share in 2020. An increase in the prevalence of autoimmune diseases, cancer, and R&D in antigen-based gene therapies are key factors anticipated to drive the growth of the market in upcoming years.

By Application Segment Review

Gene Therapy Market

By application, the Gene Therapy Industry is categorized into oncological disorders, rare diseases, cardiovascular diseases, neurological disorders, infectious diseases, and other diseases. The oncological disorders segment has highest Gene Therapy Market Share. The availability of many gene therapy products that can be used to treat cancer and a large patient population base is expected to drive the growth of the market in upcoming years.

Region Segment Review

Gene Therapy Market

By region, the Gene Therapy Market Analysis is done across North America, Europe, Asia-Pacific, and LAMEA. North America was the highest Gene Therapy Market Share in 2020. Owing to the rise in prevalence of chronic diseases, high and growing healthcare expenditure, presence of advanced healthcare infrastructure, availability of reimbursements, and the presence of major market players, the gene therapy market in North America is expected to grow during the forecast period.

The key players operating in the global Gene Therapy Industry include Novartis AG, Gilead Sciences., Jazz Pharmaceuticals, Orchard Therapeutics., Bristol-Myers Squibb., Amgen Inc., Shenzhen SiBiono Genentech, Shanghai Sunway Biotech Co., Ltd., Adaptimmune Therapeutics plc, Adverum Biotechnologies, Inc., Abeona Therapeutics Inc., Applied Genetic Technologies Corporation, Amgen Inc., Astellas Therapeutics, Inc., Bluebird Bio, Inc., CRISPR Therapeutics AG, Intellia Therapeutics, Inc., REGENXBIO Inc., Sangamo Therapeutics, Inc., Unique N. V., Voyager Therapeutics, Inc., Merck and Co Inc., and Dendron Corporation.

The gene therapy market is segmented into Vector Type, Therapy, Gene Type and Application.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gene therapy market analysis from 2020 to 2030 to identify the prevailing gene therapy market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the gene therapy market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global gene therapy market trends, key players, market segments, application areas, and market growth strategies.

Gene Therapy Market Report Highlights

Aspects Details
By Vector Type
  • Viral Vector
  • Non Viral Vector
By Therapy
  • In Vivo Therapy
  • Ex Vivo Therapy
By Gene Type
  • Antigen
  • Cytokine
  • Tumor Suppressor
  • Suicide
  • Deficiency
  • Growth factors
  • Receptors
  • Others
By Application
  • Oncological Disorders
  • Rare Diseases
  • Neurological Disorders
  • Other Diseases
By Region
  • North America 
  • Europe 
  • Asia-Pacific 
  • LAMEA 
Key Market Players Dendron Corporation, Orchard Therapeutics., Shenzhen SiBiono GeneTech, Jazz Pharmaceuticals, REGENXBIO Inc., Novartis AG, Applied Genetic Technologies Corporation, Sangamo Therapeutics, Inc., Bluebird Bio, Inc., Astellas Therapeutics Inc., Adverum Biotechnologies Inc., Intellia Therapeutics, Inc., Gilead Sciences., CRISPR Therapeutics AG, Merck and Co Inc., Adaptimmune Therapeutics plc, Bristol-Myers Squibb., Shanghai Sunway Biotech Co. Ltd., Amgen Inc., Uniqure N. V., Voyager Therapeutics, Inc., Abeona Therapeutics Inc.
 

Loading Table Of Content...


 
 

The demand for gene therapy has witnessed rapid growth over the past few years. This is attributed to increasing in technological advancement.

Gene therapies have revolutionized the health sciences and pharmaceutical fields. The number of clinical trials investigating gene therapies increases globally, despite the limited number of products that have successfully been launched in the market. In addition, the benefits of gene therapy over conventional cancer therapies and the increase in government support fuel the growth of the global gene therapy market.

Tumor suppressor and suicide gene therapy are the fastest-growing segments and are expected to provide lucrative opportunities to market players. This therapy involves the introduction of new genes into the tumor cells, which help in destroying the tumor cells without affecting the neighboring healthy cells.

The employment of gene therapy is highest in North America, owing to an increase in investment in R&D activities, the high prevalence rate of cancer, and an increase in disposable income among customers. Although the use of gene therapy in Asia-Pacific and LAMEA is low, the adoption rate is expected to increase due to a rise in disposable income, the high incidence rate of cancer, and government initiative to improve healthcare infrastructure, which in turn drive the market growth.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com
 
Published Date :
Apr 2022
Author(s) : Vikita T , Onkar S
FREQUENTLY ASKED QUESTIONS?

A. In 2020, 5,974.17 million is the market value of the Gene Therapy Market

A. The market value of the Gene Therapy Market report in the forecast period is 46,527.61 million

A. The upcoming trends in the Gene Therapy Market are an increase in funding for R&D activities pertaining to gene therapy and growth in awareness regarding gene therapy driving the global market growth. In addition, an increase in government support, ethical acceptance of gene therapy for cancer treatment, and a rise in the prevalence of cancer fuel the growth of the market

A. North America is the largest regional market for Gene Therapy

A. Novartis AG, Gilead Sciences., Jazz Pharmaceuticals, Orchard Therapeutics., Bristol-Myers Squibb., Amgen Inc., Shenzhen SiBiono Genentech, Shanghai Sunway Biotech Co., Ltd., Adaptimmune Therapeutics plc are the top companies to hold the market share in Gene Therapy

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Sample
Related Tags

Purchase Full Report of
Gene Therapy Market

Start reading instantly.
This Report and over 71,295+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2023 - Apr 2024)
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers