Cell and Gene Therapy CRO Market is projected to reach USD 1,368.4 Million with encountering new opportunities & technological advancements by Key Market Players (CMIC, Evotec, ICON, IQVIA, Labcorp, Medpace) | Forecast to 2030

Cell and Gene Therapy CRO Market Scope:
Market size value in 2023 - USD 600 Million
Market size value in 2030 - USD 1,368.4 Million
CAGR (2023-2030) - 12.5%
Forecast Period - 2023-2030
Segments Covered - Type of Therapy, Scale of Operation, Therapeutic Area & Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Evotec, ICON, IQVIA, Labcorp, Medpace, PPD, Precision For Medicine, QPS and Syneos Health.

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The market for Cell and Gene Therapy CRO is dominated by North America.
North America asserts its dominance as the epicenter of the Cell and Gene Therapy Contract Research Organization (CRO) market, showcasing a formidable influence in shaping the industry landscape. The region's preeminence is underscored by a convergence of factors, including advanced healthcare infrastructure, substantial investments in biopharmaceutical research, and a thriving ecosystem of innovative biotechnology companies. The United States, in particular, stands as a focal point for cutting-edge developments in cell and gene therapies, fostering a dynamic environment for collaborations between biopharmaceutical firms and specialized CROs. The regulatory framework's adaptability and support further contribute to North America's leadership in facilitating seamless research and development activities. With a concentration of key industry players, research institutions, and a robust clinical trial landscape, North America continues to lead the Cell and Gene Therapy CRO Market, solidifying its position as a global hub for advancing transformative therapies in the field of biopharmaceuticals.

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Top Key Players Covered in the Report-
Altasciences, Allucent, Accelera Charles River Laboratories, Creative Biolabs, CMIC, Evotec, ICON, IQVIA, Labcorp, Medpace, PPD, Precision For Medicine, QPS and Syneos Health and Others.

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Recent Developments-
In April 2023, Google and Intel collaborated on a new research project to identify potential security vulnerabilities in Intel's new Cell and Gene Therapy CRO technology, Intel Trust Domain Extensions (Intel TDX). In addition to an expanded feature set, Intel Tdx offers full vm compute models without requiring any code changes.

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