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Cell And Gene Therapy Market Research Report 2022 Growth, Recent Trends And Forecast To 2031 - Gilead Sciences, Bristol-Myers Squibb, Novartis AG, Amgen, Merck
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The global cell and gene therapy market report by the business research company identifies Steady investment and consolidation in cell and gene therapies to be a major growth driver for the cell and gene therapy market. After recognizing the potential of the CGT market, 16 out of the 20 largest biopharma companies by revenue, added CGT products to their portfolio. For instance, Merck invested $109 million in viral vector and gene therapy manufacturing in April 2020. Moreover, 12% of industrial clinical pipeline products and at least 16% of preclinical pipeline products consist of CGT. Steady investment and consolidation in CGT production capacity led to an increase in production capacity and also contributed to the growth of the market.
The global cell and gene therapy market is expected to grow from $6.58 billion in 2021 to $8.57 billion in 2022 at a compound annual growth rate (CAGR) of 30.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The cell and gene therapy market is expected to reach $21.33 billion in 2026 at a CAGR of 25.6%.
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North America was the largest region in the organic food market in 2021. Western Europe was the second largest region in the global organic food market. The regions covered in the global organic food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the cell and gene therapy market are Gilead Sciences, Bristol-Myers Squibb, Novartis AG, Amgen, Merck, Organogenesis Holdings, Dendreon, Vericel, Bluebird Bio, and Fibrocell Science.
The global organic food market is segmented -
1) By Product: Cell Therapy, Gene Therapy
2) By Application: Oncology, Dermatology, Musculoskeletal
3) By End User: Ambulatory Surgical Centers, Cancer Care Centers, Wound Care Centers
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The Cell And Gene Therapy Market Report Contents Include
1. Executive Summary
2. Cell and Gene Therapy Market Characteristics
3. Cell and Gene Therapy Market Trends And Strategies
4. Cell and Gene Therapy Market - Macro Economic Scenario
5. Cell and Gene Therapy Market Size And Growth
....
29. Key Mergers And Acquisitions In The Cell and Gene Therapy Market
30. Cell and Gene Therapy Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the cell and gene therapy market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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