Gene Therapy Market Trends: Revolutionizing the Treatment of Rare and Chronic Diseases - Major Companies are Bristol-Myers Squibb, Amgen, SiBiono Genentech.

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.

Gene Therapy Market reached US$ 4.67 billion in 2023 and is expected to reach US$ 51.22 billion by 2031, growing at a CAGR of 31.89% during the forecast period 2024-2031.

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The expanding use of advanced delivery vectors plays a pivotal role in propelling the growth of the gene therapy market. These vectors are crucial for transporting therapeutic genes to targeted cells within the body. Enhancements in their efficiency, targeting accuracy, and safety have significantly boosted the effectiveness of gene therapies, making them more viable for broader clinical application and regulatory acceptance.

Recent advancements are allowing gene therapies to address a wider spectrum of diseases, including complex conditions like solid tumors, neurological disorders, and cardiovascular ailments, which have historically posed delivery challenges. For example, in October 2024, Roche collaborated with Dyno Therapeutics to harness its engineered adeno-associated virus (AAV) capsid platform for developing next-generation AAV vectors aimed at treating neurological diseases-an agreement potentially worth over $1 billion. AAV vectors, favored for their ability to target organs such as the liver, muscles, and eyes, have demonstrated clinical success, as seen in Zolgensma's treatment of Spinal Muscular Atrophy (SMA).

Gene Therapy Market Recent Development:

In May 2023, Forge Biologics partnered with LabCorp to advance the development of gene therapies. This collaboration aims to accelerate trial timelines, overcome analytical development challenges, and address regulatory hurdles related to manufacturing and development processes.

List of the Key Players in the Gene Therapy Market:

Novartis AG, Gilead Sciences, Jazz Pharmaceuticals Orchard Therapeutics, Bristol-Myers Squibb, Amgen, SiBiono Genentech, Shanghai Sunway Biotech Co, Adapt immune Therapeutics and Adverum Biotechnologies.

Assessing the Effects of U.S. Tariffs on the 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 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 Gene Therapy Market:

By Therapy Type: Somatic Gene Therapy, Germline Therapy.

By Drug Class: Cardiology, Neurology, Oncology, Infectious Diseases, Inherited Diseases, Others.

Regional Analysis for 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 Gene Therapy Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Gene Therapy market?

➠ Who are the top manufacturers in the global 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 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 Gene Therapy market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Gene Therapy industry landscape?

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