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Top Trends Transforming the Cell And Gene Therapy Clinical Trial Services Market Landscape in 2025: Innovative Solutions In Cell And Gene Therapy Clinical Trial Services Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Cell And Gene Therapy Clinical Trial Services Industry Market Size Be by 2025?
In recent years, the clinical trial services market for cell and gene therapy has seen rapid expansion. It is projected to increase from $3.79 billion in 2024 to $4.2 billion in 2025, showing a compound annual growth rate (CAGR) of 10.7%. Key factors contributing to the growth during the historic period include a rising prevalence of chronic ailments, growing demand for reliable treatments for unusual genetic conditions, heightened government support for regenerative medicine research, better grasp of the molecular mechanisms behind diverse diseases, and increased recognition of the promises held by personalized medicine.
What's the Long-Term Growth Forecast for the Cell And Gene Therapy Clinical Trial Services Market Size Through 2029?
The market size for clinical trial services in cell and gene therapy is projected to experience a significant upswing in the coming years. This market is estimated to escalate to $6.22 billion in 2029, growing at a compound annual growth rate (CAGR) of 10.3%. Factors contributing to the expansion during the forecasted period include the worldwide increase in genetic and auto-immune diseases, enhanced funding from public and private sectors for gene therapy research, the uptake of innovative technologies, and an upsurge in genetic defects. Key trends for the forecast period comprise the integration of AI, the use of machine learning, the implementation of personalized medicine, technological progression, and gene therapies.
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What Are the Key Growth Drivers Fueling the Cell And Gene Therapy Clinical Trial Services Market Expansion?
An increase in genetic disorders is anticipated to boost the advancement of the cell and gene therapy clinical trial services market. Genetic ailments, resulting from alterations in an individual's genetic makeup or DNA, are becoming more prevalent due to several factors, such as the ease of access to genetic testing, genetic mutations occurrences, and high rates of consanguineous marriages. Cell and gene therapy clinical trial services are set to confront this rising incidence of genetic diseases by motivating the invention of new treatments, adapting therapies to meet the needs of individual patients, fast-tracking the conversion of research into clinical practice, and broadening the alternatives available for patients battling genetic conditions. As an example, in July 2022, the Cystic Fibrosis (CF) Foundation, a non-profit organization from the United States, reported a surge in cases of cystic fibrosis. The disease affected approximately 40,000 kids and adults in the United States in 2022, with over 105,000 individuals diagnosed worldwide. Therefore, the increasing incidence of genetic disorders is propelling the growth of the cell and gene therapy clinical trial services market.
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What Are the Key Trends Driving Cell And Gene Therapy Clinical Trial Services Market Growth?
Leading firms in the cell and gene therapy clinical trial services sector are striving to innovate with cutting-edge technology integrated with customer relationship management (CRM) systems. These advances are intended to enhance productivity and secure a competitive edge in the market. CRM systems employed by these clinical trial services facilitate streamlined and coordinated communications with trial participants, healthcare providers, and other key stakeholders throughout the trial process. A prime example of this is from April 2023, when AmerisourceBergen Corporation, a healthcare company headquartered in the US, unveiled the Cell and Gene Therapy (CGT) Integration Hub. This platform aims to enhance connectivity and simplify procedures along the cell and gene therapy treatment pathway. Supported by the firm's CRM system, it endeavours to smoothen the path-to-care process, particularly by providing doctors and patient services teams enhanced visibility throughout the therapy development and delivery process. The CGT Integration Hub, equipped with features like rapid benefits investigation, real-time status monitoring, and anticipatory alerts, is designed to streamline care coordination, reduce obstacles and enhance the overall experience for patients and providers involved in cell and gene therapy delivery.
How Is the Cell And Gene Therapy Clinical Trial Services Market Segmented?
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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Which Companies Are Leading the Charge in Cell And Gene Therapy Clinical Trial Services Market Innovation?
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.
Which Regions Are Leading the Global Cell And Gene Therapy Clinical Trial Services Market in Revenue?
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.
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