Gene Therapy Market to Outstrip US$ 29.5 Bn by 2030 Growing Sturdy at 14.6% CAGR - COVID-19 Impact and Global Analysis by Business Market Insights

The Gene Therapy Market crossed the US$ 8.9 billion mark in 2022 and is expected to hit US$ 29.5 billion by 2030, recording a CAGR of 14.6% during the forecast period

The Gene Therapy Industry report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Gene Therapy Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status.

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Key companies profiled in this research study are:
• Biogen Inc.
• REGENXBIO, Inc.
• Spark Therapeutics, Inc.
• MolMed S.p.A.
• Orchard Therapeutics plc.
• SIBIONO
• Human Stem Cells Institute
• F. Hoffmann-La Roche Ltd.

Gene Therapy Market Segmentaiton:

Vector:
• Non-viral vectors
• Viral vectors

Indication:
• Neurological diseases
• Cancer
• Duchenne muscular dystrophy
• Hepatological diseases
• Other

Delivery mode:
• In-vivo
• Ex-vivo

Region:
• North America
• Europe
• Asia Pacific
• South & Central America
• Middle East & Africa

Gene therapies potentially have brought significant clinical benefits to patients by targeting the underlying cause of diseases. For example, instead of treating the symptoms of diseases, one-time gene therapy treatment has the potential to address the root cause. Nowadays, technology is making advancements based on numerous factors such as academic laboratories that have continued to pursue research for gene therapies. Also, significant progress has been made to develop a next-generation approach for numerous indications. For instance, In February 2022, Sarepta Therapeutics (US) announced a collaboration to use GenEdit's NanoGalaxy platform and Sarepta's gene editing technology to develop gene editing therapeutics to treat neuromuscular diseases.

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The reports cover key developments in the Gene Therapy Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.
Business Market Insights dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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Major Features of Gene Therapy Market Report:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Gene Therapy Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Gene Therapy Market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.

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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.