Gene Therapy Market: Emerging Economies Expected to Influence Growth until 2027

Gene Therapy Market is likely to witness an impressive CAGR of 27.8% during the forecast period. The prime factors contributing to the growth of the market are rising incidences of cancer, and other chronic diseases, availability of reimbursements, and increasing approvals and launches of

The Gene Therapy Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.

Some key takeaways from this report –

The report offers key drivers that trigger the growth in the Gene Therapy Market. The insights mentioned in this report helps market players in formulating strategies to gain market presence or to sustain during the hard times. The research also mentions restraints of the market. Critical data on growth opportunities, current and upcoming trends are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

The research offers segment wise analysis of the Gene Therapy Market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.

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Gene Therapy Market Segment Analysis

Based on the indication type, the gene therapy market is segmented as neurological diseases, cancer, duchenne muscular dystrophy, heptological, and others. The cancer segment is expected to experience the highest growth in the market during the forecast period. This growth can be attributed to the approval of a growing number of gene therapies for the treatment of cancer and the rising incidences of hematologic cancers.

Based on the vector type, the market is segmented as non-viral and viral vectors. The non-viral vectors’ segment has been further bifurcated into oligonucleotides and others; and the viral vectors’ segment has been further bifurcated into retroviral vectors, adeno-associated virus vectors, and others. The non-viral vectors’ segment is expected to grow at a higher rate over the forecast period, owing to the higher market penetration of oligonucleotide-based non-viral vector gene therapies.

In terms of regions, North America is estimated to be the largest market during the forecast period with lucrative growth opportunities. This growth can be attributed to the presence of major players, rising prevalence of chronic diseases, high and increasing healthcare expenditure, presence of advanced healthcare infrastructure, and availability of reimbursements. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players

The following are the key players in the Gene Therapy Market- 

  • Biogen, Inc.,
  • Novartis International AG,
  • Gilead Sciences, Inc.,
  • Spark Therapeutics, Inc.,
  • MolMed S.p.A.,
  • Orchard Therapeutics plc.,
  • Sibiono GeneTech Co. Ltd.,
  • Shanghai Sunway Biotech Co., Ltd.,
  • Bluebird Bio,
  • Human Stem Cells Institute PJSC,
  • AnGes MG, Inc.,
  • Alnylam Pharmaceuticals, Inc.,
  • Sarepta Therapeutics, Inc.,
  • Jazz Pharmaceuticals, Inc.,
  • Akcea Therapeutics,
  • Dynavax Technologies Corporation.

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Rahul Roy

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