Press release
Cell and Gene Therapy Industry Analysis: Market Drivers and Forecast 2024-2031
Cell and Gene Therapy Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.Cell and Gene Therapy Market is valued at a significant CAGR during the forecast period (2024-2031).
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Growing Use of Advanced Delivery Vectors
The increasing adoption of advanced delivery vectors is significantly boosting the growth of the cell and gene therapy market. These vectors are essential for transporting genetic material into a patient's cells for treatment. As traditional vectors face limitations in efficiency and can trigger immune responses, new technologies like AGC Biologics' BravoAAV and ProntoLVV and Charles River's off-the-shelf helper system are being developed to improve safety, accuracy, and scalability of gene delivery.
High Costs and Complex Manufacturing
Despite the potential, the market is hindered by high development costs and complex manufacturing processes. Producing cell and gene therapies requires specialized facilities and regulatory compliance, with many treatments tailored to individual patients. For example, CAR-T therapies can cost over $100,000 per patient, and Zolgensma, a one-time treatment for spinal muscular atrophy, is priced at approximately $2.1 million, making affordability a key barrier to widespread adoption.
Cell and Gene Therapy Market Recent Development:
In September 2024, CPC (Colder Products Company), a leading manufacturer of connection technologies and part of Dover, introduced a new aseptic micro-connector designed to fit directly into freeze cassettes used in cell and gene therapy (CGT) processing.
List of the Key Players in the Cell and Gene Therapy Market:
Novartis AG, Gilead Sciences, Inc., Bristol Myers Squibb company., Vertex Pharmaceuticals Incorporated, Sarepta Therapeutics, Inc., CSL Behring LLC, Amgen, Inc., Orchard Therapeutics group, Krystal Biotech, Inc., bluebird bio, Inc.
Assessing the Effects of U.S. Tariffs on the Cell and Gene Therapy Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Cell and Gene Therapy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Cell and Gene Therapy Market:
By Therapy Type: Cell Therapy, Gene Therapy.
By Application: Oncology, Musculoskeletal Conditions, Ophthalmology, Blood Disorders, Immunodeficiency Disorders, Graft-versus-host disease (GVHD), Rare Diseases, Others.
Regional Analysis for Cell and Gene Therapy Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
People Also Ask:
Most Frequently Asked Questions in the Cell and Gene Therapy Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Cell and Gene Therapy market?
➠ Who are the top manufacturers in the global Cell and Gene Therapy industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Cell and Gene Therapy market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Cell and Gene Therapy market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Cell and Gene Therapy industry landscape?
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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