Press release
Surge in Gene Delivery Technologies Market: Accelerated growth rate and major trends in 2024-2029
Gene Delivery Technologies Market Size
What Is The Projected Market Size Of The Global Gene Delivery Technologies Market And Its Growth Rate?
The gene delivery technologies market has experienced significant growth in recent years. Key statistics include:
• 2024 Market Size: $3.79 billion
• 2025 Market Size: $4.3 billion (13.6% CAGR)
• 2029 Market Size: $7.44 billion (14.7% CAGR)
The escalated growth in both the historic and forecast periods can be attributed to developments in understanding of genetic diseases, nanotechnology evolution, gene and cell therapy advances, and an increase in research funding.
What Is Driving The Growth In The Gene Delivery Technologies Market?
The escalating number of cell and gene therapies is significantly contributing to the growth of the gene delivery technologies market. These medical treatments aim to cure or alleviate diseases by altering a patient's genetic and cellular structure. The driving force behind the increasing number of these therapies is the advancement in gene editing technologies, which play a critical role in their development and commercialization. For example, the UK medicines regulator has historically approved an average of two advanced therapy medicinal products (ATMPs) annually and this is projected to rise to between 10-15 approvals per year by 2030. Consequently, the number of individuals treated with these therapies in the UK could escalate from 2,500 in 2021 to as many as 10,000 per year by 2028.
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Who Are the Key Players Driving Gene Delivery Technologies Market Growth?
Significant companies operating in the gene delivery technologies market include:
• Thermo Fisher Scientific Inc.
• QIAGEN NV
• Horizon Discovery Group Co
• OriGene Technologies Inc.
• Oxford Biomedica Solutions LLC
• SignaGen Laboratories LLC
• Vectalys SAS
• Takara Bio Inc.
• Bio-Rad Laboratories Inc.
• System Biosciences LLC
• Promega Corporation
• Hoffmann-La Roche AG
• Catalent Inc.
What Are The Key Trends In The Gene Delivery Technologies Market?
Key trends in the market include:
• Application in rare diseases
• Rise in clinical trials
• Targeted drug delivery
• Expansion of cell therapy
• Development of gene editing tools
What Are The Segments Of The Global Gene Delivery Technologies Market?
The gene delivery technologies market can be segmented into:
• By Mode: Biological, Chemical, Physical
• By Method: Ex Vivo, In Vivo, In Vitro
• By Application: Gene Therapy, Cell Therapy, Vaccines, Research
Which Region Leads The Gene Delivery Technologies Market?
North America was the largest region in the gene delivery technologies market in 2024. However, Asia-Pacific is expected to be the fastest-growing region during the forecast period. Other regions covered in the market report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Gene Delivery Technologies Market Global Market Report?
- Market Size Analysis: Analyze the Gene Delivery Technologies Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Gene Delivery Technologies Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Gene Delivery Technologies Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Gene Delivery Technologies Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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