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AstraZeneca, Amgen Profiled in Cancer Gene Therapy Market|Key Players: Altor Bioscience Corporation, OncoGenex Pharmaceuticals, MolMed, Ziopharm Oncology

10-31-2018 09:32 AM CET | Health & Medicine

Press release from: Global Market Insights Inc.

Cancer Gene Therapy Market

Cancer Gene Therapy Market

Global Cancer Gene Therapy Market is expected to exceed USD 4.3 billion by 2024; as per a new research report by Global Market Insights, Inc. Globally, rising cancer prevalence will increase demand for gene therapy as the effective personalized treatment choice. According to WHO, cancer incidence is projected to rise by 50% to reach 15 million by the end of this decade. This alarming increase in number of patients necessitates this as a potential treatment approach addressing the growing global burden of the disease.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/763

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. AstraZeneca
2. Amgen
3. Altor Bioscience Corporation
4. OncoGenex Pharmaceuticals
5. MolMed
6. Ziopharm Oncology
7. OncoSec
8. Celsion Corporation
9. GlobeImmune, Inc.
10. Human Stem Cells Institute
11. Sevion Therapeutics

Adenoviral vector remains as the most common oncology application due to its competent nuclear mechanism and low pathogenicity. It is widely used in replacement approaches, suicide and gene-based immunotherapy, and syndicate with chemotherapy and is anticipated to grow at 20% CAGR.
Retroviral vector-mediated gene transfer dominated the development by enabling the conversion of single stranded RNA into a double stranded DNA molecule, which steadily integrates into the target cell genome. These vectors are used to permanently modify the host cell nuclear genome and will register a robust growth of over 20%.
U.S. led the industry owing to increased R&D funding and other government initiatives. Growing number of biotech companies are engaging in R&D and clinical trials of gene therapy products. Increased demand for DNA vaccines and increasing interest of venture capitalists to invest in commercialization of gene therapies will trigger industry expansion.
China cancer gene therapy market size attributed to over 35% APAC revenue in 2015. With the launch of Gendicine and increasing healthcare expenditure and robust R&D facilities will enable industry growth.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/763

Key insights from the report include:

• U.S. cancer gene therapy market share accounted for over 95% regional revenue in 2015, with market size of USD 235 million and a forecast to grow at 20.9% CAGR.
• UK was over USD 92.0 million in 2015, and will grow at 20.8% CAGR owing to increasing incidence of cancer and adoption of advanced treatment methods.
• China market size was valued at USD 99.6 million in 2015 and growth expectations of 21% CAGR over the forecast years.
• Key players include SiBiono, Altor Bioscience Corporation, Shanghai Sunway Biotech company limited, Amgen, BioCancell, OncoGeneX, Aduro Biotech, GlobeImmune, Inc., New Link Genetics., ZioPharm Oncology, MolMed, GENELUX, Gradalis, MultiVir.

The industry is highly fragmented and is dominated by several small biotech firms collectively accounting for over 80% of cancer gene therapy market pipeline. Major growth strategies adopted by these small firms include, technology transfer, licensing and commercialization deals, strategic collaborations and mergers and acquisitions to retain their industry position.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

Global Market Insights, Inc.
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Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
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Email:sales@gminsights.com

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