Astute Analytica has published an in-depth analysis of the Global Gene Therapy Market, offering a comprehensive overview of market dynamics, growth prospects, and emerging trends. The report meticulously examines the market landscape, including key drivers, challenges, opportunities, and the competitive strategies employed by leading players. As the market evolves, stakeholders can gain valuable insights into the factors shaping the industry and influencing its trajectory over the forecast period.
Market Values
The Global Gene Therapy Market accounted for close to US$ 3.44 billion by 2022 and is forecast to see growth at a compounded rate close to 24% over the period 2023-2030. The market growth is attributed to the increasing number of companies venturing into the market. Supporting the ongoing growth, the US FDA is estimating to receive more than 200 new applications to begin cell and gene therapy every year and approving 10-20 therapies every year by 2025.
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The Promise of Gene Therapy
Gene therapy involves the introduction, removal, or alteration of genetic material within a patient's cells to treat or prevent disease. This innovative approach has shown immense promise in treating a range of conditions, including inherited genetic disorders, some types of cancer, and certain viral infections. The ability to correct defective genes at their source offers a potential cure for previously untreatable conditions, significantly improving patients' quality of life.
Segmentation Analysis
The Global Gene Therapy Market is segmented based on various parameters to provide a detailed analysis of the market structure and dynamics. The segmentation includes:
By Indication
- Cancer
- Cardiovascular Diseases
- Hepatological Diseases
- Infectious Disease
- Neurological Disorders
- Oncological Disorders
- Rare Diseases
- Others Diseases and Disorders
By Vector Type
- Viral
- Adenovirus
- Adeno-associated Virus
- Herpes Simplex Virus
- Lentivirus
- Poxvirus
- Retrovirus
- Vaccinia Virus
- Others
- Non-viral
- Electroporation
- Gene Gun
- Naked Plasmid Vector
- Lipofection
- Others
By Gene Type
- Antigen
- Cytokine
- Deficiency
- Growth Factors
- Receptors
- Suicide Gene
- Tumour Suppressor
- Others
By Method of Delivery
- Ex-vivo
- In-vivo
This segmentation analysis enables stakeholders to identify high-growth segments and tailor their strategies to maximize their market presence and profitability.
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Key Players
The report identifies and profiles the leading players in the Global Gene Therapy Market, highlighting their market share, product portfolios, strategic initiatives, and recent developments. Some of the key players driving the market include:
Neurophth Therapeutics, Inc.
partners with AAVnerGene Inc.
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About Astute Analytica:
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