Analysis of Global Gene Therapy Market Drivers and Challenges Report 2021 | Voyager Therapeutics, Inc., Spark Therapeutics, Inc., Sangamo Therapeutics, Human Stem Cells Institute PJSC

Brief and concise information on Global gene therapy market has been published by Absolute Markets Insights. The report is especially designed to stimulate entrepreneurial sagacity. An overview of primary and secondary exploratory techniques are especially enlightening. Various economic attributes of businesses, draw attention to precise information on financial budget of several industries. The report also explains application segments, thus enabling to understand potential sectors of the market.
Global gene therapy market is expected to reach US$ 5,609.9 million by 2030, growing at an estimated CAGR of 8.2% over the forecast period as companies are investing more on research and development, says Absolute Markets Insights

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In terms of revenue, global gene therapy market was valued at US$ 919.6 million in 2021 and is anticipated to reach US$ 5,609.9 million by 2030, growing at a CAGR of 8.2% over the forecast period. Market participants are adopting partnerships to strengthen their foothold. Companies are building relationships with patients to understand the disease and design therapies accordingly.
Lethal diseases like cancer can be treated using gene therapy by inserting the antisense strands to revert the effect of the oncogenes. During the forecast period, nanoparticles will play an important role in gene delivery systems to increase the efficiency of transfection of the non-viral carriers, thereby, fuelling the gene therapy market.
Due to drastic shift in treatment patterns, gene therapy treatment is considered one of the reliable cures for lethal diseases. The DNA carriers are safer and have improved in terms of carrying genes without rejection which help the companies to attract venture capitalists to invest more in gene therapy market. Cancer and Sensory disorders are the major area of concern that need to be fixed and hence drug development related to these diseases is driving the gene therapy market.

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Moreover, the report gives an aerial overview of global market size. Detailed synopsis of global competitive landscape, such as, North America, Latin America, Japan, Asia-Pacific and India are covered in the report. Analysis are based on profit margins of several industries. The report focuses leading key players which also provide insights into structures of successful companies in Global gene therapy market. Furthermore, the report offers remarkable insights of the businesses on basis of precise data about mentioning significant strategies to accelerate client growth.

Key Findings of the Report:
• In terms of revenue, global gene therapy market is expected to reach US$ 5609.9 million by 2030 owing to government support for the development of gene therapy techniques to deal with fatal diseases.
• Somatic Gene Therapy held the largest market share in 2021 and is expected to grow at a CAGR of over 66% during the forecast period due to development of many disorders, including cystic fibrosis, muscular dystrophy, cancer and certain infectious diseases.

Major key players operating in the gene therapy market:
Voyager Therapeutics, Inc., Spark Therapeutics, Inc., Sangamo Therapeutics, Human Stem Cells Institute PJSC, Orchard Therapeutics plc, Genenta Science, Chiesi Farmaceutici S.p.A., Novartis AG, GlaxoSmithKline PLC, Gilead Sciences, Inc., Bristol - Myers Squibb Delta Company Limited, Advanced Cell & Gene Therapy, LLC, Audentes Therapeutics, Inc., Biogen, and Pfizer Inc. amongst others

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Gene Therapy Market:
By Type
 Germ Line Gene Therapy
 Somatic Gene Therapy

By Therapy Area:
 Cancer
 Infectious Diseases
 Rheumatoid Arthritis
 Genetic Disorders
 Neurological Disorders
 Others

By Vector Type:
o Viral Vectors
 Adenoviruses
 Retroviruses
 Alphaviruses
 Adeno- Associated Virus
 Herpes Simplex Virus
 Vaccinia Viruses
 Others (Lentivirus, Vaccinia Virus, Etc.)
o Non-Viral Vectors
 Naked DNA
 Oligonucleotides
 Lipoplexes and Polyplexes
o Human Artificial Chromosome

By Geography
o North America
 U.S.
 Canada
 Mexico
 Rest of North America
o Europe
 France
 The UK
 Spain
 Germany
 Italy
 Nordic Countries
• Denmark
• Finland
• Iceland
• Norway
• Sweden
 Benelux Union
• Belgium
• The Netherlands
• Luxemburg
 Rest of Europe
o Asia Pacific
 China
 Japan
 India
 New Zealand
 Australia
 South Korea
 Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
 Rest of Asia Pacific
o Middle East & Africa
 Saudi Arabia
 UAE
 Egypt
 Kuwait
 South Africa
 Rest of Middle East & Africa
o Latin America
 Brazil
 Argentina
 Rest of Latin America
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