Gene Therapy Market Size, Share, Growth, Key Vendors, Regions, Trends Demand and Forecast to 2027

  1. Gene therapy refers to a medical technique that involves transfer of a new healthy gene to replace a defective gene in a cell. It aids in preventing disease progression by manipulating the expression of mutated genes or modifying the biological properties of living cells for therapeutic use. Some widely available gene therapy products include viral and bacterial vectors, plasmid deoxyribonucleic acid (DNA), human gene-editing technology, and patient-derived cellular gene therapy. Moreover, gene therapy is rapidly gaining traction to enhance the body’s ability to fight against various genetic disorders and chronic diseases that have no final cure yet.Report Metric
    Historical: 2016-2021
    Base Year: 2021
    Forecast Year: 2022-2027

    According to the latest report by IMARC Group, titled “Global Gene Therapy Market Size , Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027″ the market reached a value of US$ 3.77 Billion in 2021. Looking forward, expects the market to reach a value of US$ 9.5 Billion by 2027 exhibiting a CAGR of 15.60% during 2022-2027.

    Gene Therapy Market Trends and Drivers:

    The global gene therapy market is primarily driven by the growing incidences of inherited and acquired diseases, such as cancer, diabetes, cystic fibrosis, heart disease, and acquired immunodeficiency syndrome (AIDS).

    Additionally, the rising government support and funding for gene therapy research is another major growth-inducing factor. Furthermore, the leading players are developing advanced gene therapy products that offer a safer and non-addictive alternative to opioids in treating numerous chronic pain conditions like lower back pain, which is catalyzing the market growth.

    Other factors, including the aging population, increasing approvals of new gene therapy technologies, easy access to healthcare facilities, and technological advancements, are also anticipated to drive the market further.

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    Global Gene Therapy Market 2022-2027 Analysis and Segmentation:

    The report has segmented the market on the basis of region, gene type, vector type, delivery method and application.

    Breakup by Gene Type:

    Tumor Suppressor
    Suicide Gene
    Growth Factors

    Breakup by Vector Type:

    Viral VectorAdenoviruses
    Adeno-Associated Virus
    Herpes Simplex Virus
    Vaccinia Virus
    Non-Viral TechniquesNaked and Plasmid Vectors
    Gene Gun

    Breakup by Delivery Method:

    In-Vivo Gene Therapy
    Ex-Vivo Gene Therapy

    Breakup by Application:

    Oncological Disorders
    Rare Diseases
    Cardiovascular Diseases
    Neurological Disorders
    Infectious Disease

    Breakup by Region:

    North America: (United States, Canada)
    Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
    Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
    Latin America: (Brazil, Mexico, Others)
    Middle East and Africa

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    Competitive Landscape:

    The competitive landscape of the market has been studied in the report with the detailed profiles of the major key players operating in the market.

    Abeona Therapeutics Inc.
    Adaptimmune Therapeutics plc
    Adverum Biotechnologies Inc.
    Amgen Inc.
    Astellas Pharma Inc.
    Biogen Inc.
    Bluebird Bio Inc.
    Mustang Bio Inc. (Fortress Biotech Inc.)
    Novartis AG
    Orchard Therapeutics plc
    UniQure N.V.
    Voyager Therapeutics Inc.

    Market Key highlights of the report:
    Market Performance (2016-2021)
    Market Outlook (2022- 2027)
    Porter’s Five Forces Analysis
    Market Drivers and Success Factors
    SWOT Analysis
    Value Chain
    Comprehensive Mapping of the Competitive Landscape

    If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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