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Cell And Gene Therapy Clinical Trial Services Market Size Projected To Reach $6.22 Billion By 2034 With A Cagr Of 10.3%
The Cell And Gene Therapy Clinical Trial Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Cell And Gene Therapy Clinical Trial Services Market?
The cell and gene therapy clinical trial services market has experienced rapid growth. It is expected to grow from $3.79 billion in 2024 to $4.2 billion in 2025, at a CAGR of 10.7%. Growth is driven by the rising prevalence of chronic diseases, increased demand for treatments for rare genetic disorders, government funding for regenerative medicine, and greater awareness of personalized medicine.
The cell and gene therapy clinical trial services market is projected to grow to $6.22 billion by 2029, at a CAGR of 10.3%. Growth is driven by the rise in genetic and autoimmune diseases, increased funding for gene therapy, and the adoption of novel technologies. Trends include AI, machine learning, personalized medicine, and advancements in gene therapies.
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What Are the Different Cell And Gene Therapy Clinical Trial Services Market Segments?
The cell and gene therapy clinical trial services market covered in this report is segmented -
1) By Service: Clinical Trial Design And Planning, Supply And Logistic Services, Regulatory Affairs And Compliance, Data Management And Biostatics, Site Management And Monitoring, Other Services
2) By Therapy Type: Gene Therapy, Cell Therapy, Gene Modified Cell Therapy
3) By Indication: Oncology, Hematology, Metabolic Disorders, Infectious Diseases, Neurology, Cardiovascular Diseases, Musculoskeletal Disorders, Other Indications
4) By End-Use: Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Academic And Research Institutes, Other End-Users
Subsegments:
1) By Clinical Trial Design And Planning: Protocol Development, Trial Feasibility Studies, Trial Design Consultation, Patient Recruitment And Enrollment Strategy, Risk-Based Monitoring Plans
2) By Supply And Logistic Services: Clinical Trial Supply Chain Management, Cold Chain Logistics, Packaging And Labeling Services, Transportation And Distribution Of Biological Samples, Customs And Import/Export Services
3) By Regulatory Affairs And Compliance: Regulatory Strategy And Consulting, Regulatory Submission And Documentation, Compliance With GMP (Good Manufacturing Practices), Regulatory Pathway Consultation, Clinical Trial Applications (CTAs)
4) By Data Management And Biostatistics: Clinical Data Management (CDM), Statistical Analysis And Reporting, Clinical Data Monitoring, Data Integration And Validation, Electronic Data Capture (EDC) Solutions
5) By Site Management And Monitoring: Site Selection And Initiation, Clinical Monitoring And Site Visits, Patient Recruitment And Retention, Site Training And Support, Site Performance Monitoring
6) By Other Services: Patient Advocacy And Engagement, Real-World Evidence (RWE) Studies, Post-Trial Services, Medical Writing And Documentation, Clinical Trial Auditing And Inspection
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What Are the Primary Drivers Shaping the Cell And Gene Therapy Clinical Trial Services Market?
The growing prevalence of genetic diseases is anticipated to drive the expansion of the cell and gene therapy clinical trial services market. Genetic diseases, resulting from variations in an individual's DNA, are increasing due to factors such as broader availability of genetic testing, genetic mutations, and the higher occurrence of consanguineous marriage. Cell and gene therapy clinical trial services aim to address these diseases by fostering the development of new treatments, customizing therapies for specific patients, speeding up the implementation of research findings into clinical settings, and enhancing treatment options for patients with genetic conditions. As an example, in July 2022, the Cystic Fibrosis (CF) Foundation reported that nearly 40,000 people in the United States and more than 105,000 globally were diagnosed with cystic fibrosis, highlighting the need for further innovation in treatments. This rising incidence of genetic diseases is fueling market growth.
Which Companies Are Leading in the Cell And Gene Therapy Clinical Trial Services Market?
Major companies operating in the cell and gene therapy clinical trial services market are Thermo Fisher Scientific Inc., Sharp Services LLC, IQVIA, Laboratory Corporation of America Holdings, ICON plc, Syneos Health Inc., Catalent Pharma Solutions Inc., Charles River Laboratories International Inc., Parexel International Corporation, PRA Health Sciences Inc., Covance Inc., Medpace Holdings Inc., BioClinica Inc., Precision Medicine Group LLC, Worldwide Clinical Trials LLC, Clinigen Group plc, Evidera Inc., Advarra LLC, Veristat LLC, Clinipace Inc., Celonic AG, Cromsource Inc., Novotech Pty Ltd., MedSource Holdings Inc., Frontage Laboratories Inc.
What Are the Latest Developing Trends in the Cell And Gene Therapy Clinical Trial Services Market?
Companies in the cell and gene therapy clinical trial services market are leveraging customer relationship management (CRM) systems to enhance efficiency and gain a competitive advantage. These systems streamline interactions with trial participants and healthcare providers throughout clinical trials. In April 2023, AmerisourceBergen launched the Cell and Gene Therapy Integration Hub, which uses CRM technology to increase connectivity and simplify the treatment pathway, improving the experience for both patients and providers.
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What Are the Top Revenue-Generating Geographies in the Cell And Gene Therapy Clinical Trial Services Market?
North America was the largest region in the cell and gene therapy clinical trial services market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the cell and gene therapy clinical trial services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cell And Gene Therapy Clinical Trial Services Market?
2. What is the CAGR expected in the Cell And Gene Therapy Clinical Trial Services Market?
3. What Are the Key Innovations Transforming the Cell And Gene Therapy Clinical Trial Services Industry?
4. Which Region Is Leading the Cell And Gene Therapy Clinical Trial Services Market?
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