Cell and Gene Therapy Market Size, Forecast to 2027
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.
Cell and gene therapy are overlapping fields of biomedical research and treatment that aim to prevent, treat, and to some extent, potentially cure diseases. Gene therapy works by changing the genetic code to recover the functions of critical proteins while cell therapy involves transplantation of human cells to replace or repair damaged tissues. Cell and gene therapies are the forefront of innovation to treat severe and rare diseases such as cancer and life-threatening genetic diseases. Both gene and stem cell therapies have tremendous potential in treatment of many genetic diseases and while they offer great treatment options for devastating disease, they are much powerful in combination. Several successful cell and gene therapies have been reported in animal and human trials and their combination has high potential of providing both regenerative tissue and therapeutic material simultaneously.
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Leading companies profiled in the report: Spark Therapeutics LLC Novartis AG Gilead Sciences Inc. Bluebird Bio GlaxoSmithKline Celgene Corporation Shire PLC Sangamo Biosciences Voyager Therapeutics Dimension Therapeutics others
One of the fastest-growing markets of the regenerative medicine industry is the global cell and gene therapy industry. In the forecast period, the demand is projected to grow at a faster rate, due to the growing incidence of many chronic diseases such as obesity, complications connected with cartilage, burns, diabetic foot ulcer, genetic abnormalities, and other unusual diseases worldwide.
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The growing prevalence of cancer and diabetes in the global population is significantly driving the market demand. The therapy available has a substantial unmet need and is filled with cell and gene therapies. The demand is rising as support from numerous public and private sources become more available. Additionally, there is growing support for product clearance from regulatory bodies. Several governments build information within the public about cell and gene therapies.
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 ADA-SCID Others
Vector Outlook (Revenue, USD Billion; 2017-2027) Lentivirus AAV Retrovirus & Gammaretrovirus Modified Herpes Simplex Virus Adenovirus Non-Viral Plasmid Vector
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Regional Outlook (Revenue, USD Billion; 2017-2027) North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Highlights of Table of Contents (TOC): Overview of Global Cell and Gene Therapy Market Competitive analysis of the Cell and Gene Therapy market Regional analysis of Global Cell and Gene Therapy market production and revenue Regional analysis of Global Cell and Gene Therapy market supply, consumption, and export & import Type-based market analysis of global Cell and Gene Therapy production, revenue, and price trends Application-based analysis of the global Cell and Gene Therapy market Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Cell and Gene Therapy market Global Cell and Gene Therapy market forecast (2020-2027) Conclusion of the research report Appendix
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