Cell and Gene Therapy Bioassay Services Market Set to Grow with Increasing Contract Research Outsourcing and Technological Innovation

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Cell and Gene Therapy Bioassay Services Market- by Type of Therapy (Cell Therapy and Gene Therapy), Therapeutic Area (Oncological, Infectious, Autoimmune, Rare/Genetic, Cardiovascular, Metabolic, Blood, Neurological, Ophthalmic Disorders and Other Therapeutic Areas), Scale of Operation (Discovery, Preclinical and Clinical), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."

Global Cell and Gene Therapy Bioassay Services Market Size is estimated to grow at a 25.0% CAGR during the forecast period for 2025-2034.

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Cell and gene therapies involve the extraction and modification of proteins, cells, or genetic material from patients or donors to deliver highly targeted and personalized treatments. These therapies hold the potential to address complex and rare diseases while offering longer-term benefits compared with conventional treatments. Consequently, there has been a growing demand for contract research organizations (CROs) that provide specialized bioassay services to support the development and evaluation of cell and gene therapies.

Market growth is primarily driven by factors such as the increasing need for advanced medical treatments, rising prevalence of cancer and other chronic diseases, and technological advancements in genomics and related methodologies. The expanding demand for personalized therapies, coupled with growing government investment in R&D for novel cell and gene therapies, is expected to fuel the requirement for bioassay services over the forecast period.

In response to the increasing demand for cost-effective and efficient therapeutic solutions, CROs have expanded their bioassay offerings, creating significant growth opportunities. Moreover, the trend toward outsourcing bioanalytical services has led to the emergence of numerous CROs specializing in bioassay services for cell and gene therapies. Nevertheless, the high cost of these services may constrain the global market's expansion in the coming years.

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North America is anticipated to be the major contributor to the Cell and Gene Therapy Bioassay Services Market because of the increasing number of cell and gene therapy product launches and increased R&D activity in biopharma businesses to create cell and gene treatments. In addition, the Asia Pacific regional market is expected to register significant growth because of the high frequency of chronic diseases and genetic abnormalities, the growing older population, patients' increasing need for tailored treatments, and improved technological advances.

Major market players operating in the Cell and Gene Therapy Bioassay Services Market include AnaBioTec (Belgium), CCRM (Canada), Nexelis (Canada), Pacific BioLabs (US), PPD Laboratories (North Carolina), Intertek Pharmaceutical Services (UK), Lonza (Switzerland), Porton Biopharma Ltd (UK), WuXi Advanced Therapies (US), Avomeen (US), Charles River Laboratories (US), Absorption Systems (US), BioAgilytix Labs (US), Catalent, Inc (US), Svar Life Science AB (Sweden), and others.

Recent collaborations and agreements in the market:
• In December 2021, CCRM Enterprises Inc., the company's venture capital arm, purchased Mediphage Bioceuticals, Inc. The investment by CCRM Enterprises will be utilized to fund the development and operation of the technology, as well as access to CCRM's scientific and industrial knowledge. Mediphage is concentrating on developing a non-viral gene therapy platform that will pave the way for individualized genetic treatment that is both safe and effective while also resolving many of the shortcomings of current viral vector-based technologies.
• In April 2021, AavantiBio (US), a gene therapy firm, and Catalent (US), a drug, cell, and gene therapy supplier, collaborated to support the development and manufacture of AavantiBio's gene treatments.

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Market Segments
Global Cell and Gene Therapy Bioassay Services Market, by Type of Therapy, 2022-2030 (Value US$ Mn)
• Cell Therapy
• Gene Therapy
Global Cell and Gene Therapy Bioassay Services Market, by Therapeutic Area, 2022-2030 (Value US$ Mn)
• Oncological
• Infectious
• Autoimmune
• Rare / Genetic
• Cardiovascular
• Metabolic
• Blood
• Neurological
• Ophthalmic Disorders
• Other Therapeutic Areas
Global Cell and Gene Therapy Bioassay Services Market, by Scale of Operation, 2022-2030 (Value US$ Mn)
• Discovery
• Preclinical
• Clinical
Global Cell and Gene Therapy Bioassay Services Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Cell and Gene Therapy Bioassay Services Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Cell and Gene Therapy Bioassay Services Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Cell and Gene Therapy Bioassay Services Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Cell and Gene Therapy Bioassay Services Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Cell and Gene Therapy Bioassay Services Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Cell and Gene Therapy Bioassay Services Market
 To receive an industry overview and future trends of the Cell and Gene Therapy Bioassay Services Market
 To analyze the Cell and Gene Therapy Bioassay Services Market drivers and challenges
 To get information on the Cell and Gene Therapy Bioassay Services Market value (US$ Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Cell and Gene Therapy Bioassay Services Market industry

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This release was published on openPR.