Global Gene Therapy Market Set to Soar, Expected to Reach USD 33,209.4 Million by 2030 | IGR

The Infinium Global Research analyzes the Gene Therapy Market over the period of 2023 to 2030. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in the global gene therapy market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of gene therapy. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the gene therapy market during the period. The Global Gene Therapy Market is experiencing a significant surge, with a projected CAGR of 25.49% over the forecast period. In 2022, the market was valued at USD 5,570.3 million, and it is expected to reach USD 33,209.4 million by 2030.

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Innovations in Gene Therapy Drive Market Growth

The gene therapy market is witnessing remarkable growth, primarily attributed to innovations in gene therapy for rare and cardiovascular diseases. This revolutionary field offers a potential cure for various genetic illnesses and life-threatening disorders, including AIDS, cancer, Parkinson's disease, heart diseases, age-related disorders, and cystic fibrosis.

Moreover, increasing awareness of gene therapy's ability to cure diseases is boosting market growth. The ability to replace defective cells and offer significant therapeutic potential contributes to its popularity.

Rising Occurrence of Cancer and Government Support

Cancer remains a global health concern, with millions of new cases reported each year. In 2018, the American Cancer Society recorded 609,640 cancer-related deaths in the United States alone. Gene therapy offers new hope in cancer treatment, leading to an increased demand for such therapies.

Government support for gene therapy in cancer treatment is further fueling market growth, with numerous gene therapy treatment centers established in developed countries.

Challenges and Opportunities

Despite its promising potential, the gene therapy market faces challenges, including high costs associated with gene therapies and the risk of triggering other disorders. Additionally, the complexity of gene therapy procedures and the need for specialized expertise contribute to the market's complexity.

However, ongoing research and development efforts are set to mitigate these challenges. The integration of artificial intelligence and machine learning into gene therapy holds promise for enhancing its effectiveness and safety.

Regional Insights

=> North America: Leading the gene therapy market, North America benefits from rising disposable incomes, increasing cancer cases, and substantial investments in research and development.

=> Asia-Pacific: This region is witnessing significant market growth due to the prevalence of chronic diseases, rising healthcare expenditures, and innovative, cost-effective products.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Gene Therapy Market Highlights

2.2. Gene Therapy Market Projection

2.3. Gene Therapy Market Regional Highlights

Chapter 3. Global Gene Therapy Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Gene Therapy Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Type

3.5.2. IGR-Growth Matrix Analysis by Application

3.5.3. IGR-Growth Matrix Analysis by Vector Type

3.5.4. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Gene Therapy Market

Chapter 4. Gene Therapy Market Macro Indicator Analysis

Chapter 5. Global Gene Therapy Market by Type

5.1. Suicide Gene Therapy

5.2. Cancer Gene Therapy

5.3. Tumor Suppressor Gene Therapy

5.4. Cytokine Gene Therapy

5.5. Antigen Gene Therapy

5.6. Others

Chapter 6. Global Gene Therapy Market by Application

6.1. Neurological Diseases

6.2. Cardiovascular Diseases

6.3. Genetic Diseases

6.4. Infectious Diseases

6.5. Oncological Disorders

6.6. Others

Chapter 7. Global Gene Therapy Market by Vector Type

7.1. Non-viral Vectors

7.2. Viral Vectors

Chapter 8. Global Gene Therapy Market by Region 2023-2030

8.1. North America

8.1.1. North America Gene Therapy Market by Type

8.1.2. North America Gene Therapy Market by Application

8.1.3. North America Gene Therapy Market by Vector Type

8.1.4. North America Gene Therapy Market by Country

8.2. Europe

8.2.1. Europe Gene Therapy Market by Type

8.2.2. Europe Gene Therapy Market by Application

8.2.3. Europe Gene Therapy Market by Vector Type

8.2.4. Europe Gene Therapy Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Gene Therapy Market by Type

8.3.2. Asia-Pacific Gene Therapy Market by Application

8.3.3. Asia-Pacific Gene Therapy Market by Vector Type

8.3.4. Asia-Pacific Gene Therapy Market by Country

8.4. RoW

8.4.1. RoW Gene Therapy Market by Type

8.4.2. RoW Gene Therapy Market by Application

8.4.3. RoW Gene Therapy Market by Vector Type

8.4.4. RoW Gene Therapy Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Gene Therapy Market

9.2. Companies Profiles

9.2.1. Novartis AG

9.2.2. Gilead Sciences, Inc.

9.2.3. Spark Therapeutics, Inc.

9.2.4. Amgen Inc.

9.2.5. Biogen Inc.

9.2.6. Pfizer Inc.

9.2.7. Regeneron Pharmaceuticals

9.2.8. Sanofi SA.

9.2.9. Abeona Therapeutics, Inc.

9.2.10. Merck & Co., Inc

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of Gene Therapy.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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