The global Cell and Gene Therapy Market is expected to reach USD 6,570.0 Million by 2027, according to a new report by Emergen Research. The sanction of cell and gene therapy focused on early chimeric antigen receptor T-cell immunotherapy has provided lucrative opportunities for drug approvals for extended indications. In the near past, T-cell therapies clinical trials witnessed exponential growth, and constant advances in chimeric antigen receptor T cell therapy are considered as the significant drivers for the growth of the market. Further, while gene therapy has been used mainly for the treatment of cancer, it finds growing use in the treatment of numerous uncommon disease for which there is no treatment at present. Product clearance for non-cancer applications signals a change in customer priorities toward other untapped markets.
Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Cell And Gene Therapy Market.
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Some Key Highlights from the Report :
- By indication, large b-cell lymphoma contributed to a larger market share in 2019. Large B-cell lymphoma is a highly prevalent form of non-Hodgkin lymphoma cancer in grownups. The gene therapy employs cells from the immune system of the patients to develop a custom-made treatment to combat cancer.
- By vector type, retrovirus and gammaretrovirus dominated the market with a size of USD 390.6 million in 2019. The primary benefits of retroviral vectors are the ability to alter the RNA genome to a DNA genome that steadily incorporates into the target cell. Thus the retroviral vectors may find usage in a permanent modification of the genome of the host cell nucleus genome.
- North America held the largest share of the market in 2019. The gene therapy market in the US is the main market for gene therapy-related clinical trials, with about 60 percent of all clinical trials globally being performed in the region.
One of the report’s central components is the broad Cell and Gene Therapy market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Cell and Gene Therapy market players.
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Emergen Research has segmented the global Cell and Gene Therapy Market on the basis of indication, vector type, and region:
Indication Outlook (Revenue, USD Billion; 2017-2027)
- Acute Lymphoblastic Leukemia (ALL)
- Inherited Retinal Disease
- Large B-Cell Lymphoma
Vector Outlook (Revenue, USD Billion; 2017-2027)
- Retrovirus & Gammaretrovirus
- Modified Herpes Simplex Virus
- Non-Viral Plasmid Vector
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Cell and Gene Therapy market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Cell and Gene Therapy market size
2.2 Latest Cell and Gene Therapy market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global Cell and Gene Therapy market key players
3.2 Global Cell and Gene Therapy size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Cell and Gene Therapy market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Key geographical areas:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Leading Players Profiled in the Report:
Spark Therapeutics LLC, Novartis AG, Gilead Sciences Inc., Bluebird Bio, GlaxoSmithKline, Celgene Corporation, Shire PLC, Sangamo Biosciences, Voyager Therapeutics, and Dimension Therapeutics, among others.
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Key questions addressed in the report:
- What are the key factors driving the global Cell and Gene Therapy market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Cell and Gene Therapy market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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