Cell and Gene Therapy Market Size, Share, Growth Factors, Competitive Landscape, with Regional Forecast to 2031

The cell and gene therapy market size is projected to reach US$ 28,050.39 million by 2031 from US$ 4,485.00 million in 2023. The market is expected to register a CAGR of 25.8% during 2023-2031. Integration of artificial intelligence (AI) and automation technologies is likely to bring new trends in the market during the forecast period. The increase in the number of approvals of cell and gene therapies and the rapid popularity of outsourcing cell and gene therapy manufacturing are the factors favoring the cell and gene therapy market progress. Strategic initiatives by companies are also expected to benefit the market in the coming years.

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Key Players Analysis:
• Thermo Fisher Scientific, Inc.;
• Merck KGaA;
• Charles River Laboratories;
• Cell and Gene Therapy Catapult;
• Lonza;
• WuXi AppTec;
• Takara Bio Inc.;
• Bristol Myers Squibb;
• FUJIFILM Holdings Corporation;
• F. Hoffmann-La Roche Ltd.

The report covers key developments in the Cell and 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 witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Cell and Gene Therapy Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Cell and Gene Therapy Market in the global market. Below mentioned is the list of few companies engaged in the Cell and Gene Therapy Market.

Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behaviour & the growth of the market as well as industries.

SEGMENTATION
The study conducts a SWOT analysis of each company to evaluate strengths and weaknesses. It also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Cell and Gene Therapy market segments and regions.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Cell and Gene Therapy Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Cell and Gene Therapy Market by each region is later sub-segmented by respective countries and segments.

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This release was published on openPR.