Gene Therapy Market Overview
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For the next ten years, the Gene Therapy industry and component makers will have a lucrative potential in the Asia Pacific area, according to the study analyst. After the Covid Lockdown has been examined in the report, the market’s impact is as expected, and despite the current state of the economy’s recession, the market is displaying an upward trend.
Gene Therapy Market size is expected to grow from US$ 6.21 Bn. in 2021 to US$ 44.51 Bn. by 2029, growing at a CAGR of 27.9% through 2022 to 2029. Spinal Muscular Atrophy (SMA) Indication segment leads the Global Gene Therapy Market by 2029.
Gene Therapy Market Scope
Market analysts predict that the market for Gene Therapy will grow steadily between 2021 and 2029. Leading industry players are anticipated to continue taking active action to quickly expand the sector through 2021 as a result of the significant efforts.
The Gene Therapy market study report discusses import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross margins. The analysis looks at each manufacturer’s manufacturing facilities, production capabilities, factory prices, revenues, and market share in the Gene Therapy market. Among the nations (regions) studied were the United States (USA), Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, South Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
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Gene Therapy Market Segmentation :
Acute Lymphoblastic Leukemia (ALL), Inherited Retinal Disease, Large B-cell Lymphoma, ADA-SCID, Melanoma (lesions), Beta-Thalassemia Major/SCD, Head & Neck Squamous Cell Carcinoma, Peripheral Arterial Disease, Spinal Muscular Atrophy (SMA), and Others are the different indications that the market is divided into. By holding a 41% market share in 2021, the Spinal Muscular Atrophy (SMA) sector is anticipated to maintain its dominance through the year 2029. SMA, one of the most common fatal genetic childhood diseases, affects the muscles. As a gene treatment, Zolgensma (AVXS-101) has proven to be effective in curing SMA and changing the disease’s phenotype. In May 2021, the FDA approved Zolgensma, a medication developed by Novartis to address the fundamental cause of SMA. Zolgensma is the opening speaker in this segment.
The market is divided into Lentivirus, AAV, Retrovirus & gamma Retrovirus, Modified Herpes Simplex Virus, Adenovirus, and Non-viral Plasmid Vector based on the type of vector used. The AAV segment is anticipated to expand quickly between 2022 and 2029, with a CAGR of 27.9%. In 2021, the AAV sector had the most market share (43%). There will be a huge demand for AAV in the next years because its application has grown dramatically in recent years across several therapeutic disciplines. Their established non-pathogenicity is one of the most important factors influencing their adoption. AAV viral vector-based gene therapy research and development is being conducted by a number of firms, including Dimension Therapeutics, AGTC, Spark Therapeutics, Sangamo Biosciences, Biogen, and AveXis.
Gene Therapy Market Key Players :
• Dimension Therapeutics, Inc.
• Bristol-Myers Squibb Company
• SANOFI
• Applied Genetic Technologies Corp
• F. Hoffmann-La Roche Ltd.
• Bluebird Bio, Inc.
• Novartis AG
• Taxus Cardium Pharmaceuticals Group, Inc. (Gene Biotherapeutics)
• UniQure N.V.
• Shire Plc;
• Cellectis S.A.
• Sangamo Therapeutics, Inc.
• Orchard Therapeutics
• Gilead Lifesciences, Inc.
• Benitec Biopharma Ltd.
• Sibiono GeneTech Co., Ltd.
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Regional Analysis
The five major world regions that are covered by the report are Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The Gene Therapy Industry Research pinpoints significant sectors and sub-segments as well as the market’s major geographical areas. The Gene Therapy market study provides numbers, geographic breakdowns, revenue, and a thorough analysis of the opportunities, business chain structure, and market news.
Table Of Content :
1. Global Gene Therapy Market: Research Methodology
2. Global Gene Therapy Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Gene Therapy Market
2.2. Summary
2.1.1. Key Findings
2.1.2. Recommendations for Investors
2.1.3. Recommendations for Market Leaders
2.1.4. Recommendations for New Market Entry
3. Global Gene Therapy Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• Latin America
3.12 COVID-19 Impact
4. Global Gene Therapy Market Segmentation
4.1 Global Gene Therapy Market, by Indication (2021-2029)
• Acute Lymphoblastic Leukemia (ALL)
• Inherited Retinal Disease
• Large B-cell Lymphoma
• ADA-SCID
• Melanoma (lesions)
• Beta-Thalassemia Major/SCD
• Head & Neck Squamous Cell Carcinoma
• Peripheral Arterial Disease
• Spinal Muscular Atrophy (SMA)
• Others
4.2 Global Gene Therapy Market, by Vector Type (2021-2029)
• Lentivirus
• AAV
• Retrovirus & gamma Retrovirus
• Modified Herpes Simplex Virus
• Adenovirus
• Non-viral Plasmid Vector
5. North America Gene Therapy Market (2021-2029)
5.1 Global Gene Therapy Market, by Indication (2021-2029)
• Acute Lymphoblastic Leukemia (ALL)
• Inherited Retinal Disease
• Large B-cell Lymphoma
• ADA-SCID
• Melanoma (lesions)
• Beta-Thalassemia Major/SCD
• Head & Neck Squamous Cell Carcinoma
• Peripheral Arterial Disease
• Spinal Muscular Atrophy (SMA)
• Others
5.2 Global Gene Therapy Market, by Vector Type (2021-2029)
• Lentivirus
• AAV
• Retrovirus & gamma Retrovirus
• Modified Herpes Simplex Virus
• Adenovirus
• Non-viral Plasmid Vector
5.3 North America Gene Therapy Market, by Country (2021-2029)
• United States
• Canada
• Mexico
Key Questions answered in the Gene Therapy Market Report are:
- What is Gene Therapy Market?
- What is the forecast period of the Gene Therapy Market?
- What is the competitive scenario of the Gene Therapy market?
- Which region held the largest market share in the Gene Therapy Market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Aromatherapy
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Maximize Market Research has also published the following reports:
Global Peripheral Vascular Devices Market https://www.maximizemarketresearch.com/market-report/peripheral-vascular-devices-market/1389/
Global Pulmonary Drugs Market https://www.maximizemarketresearch.com/market-report/global-pulmonary-drugs-market/37939/
