Global Gene Therapy Market Forecast: Trends Shaping the Future of Genetic Medicine

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Gene Therapy Market size is expected to grow from US$ 7.94 Bn. in 2022 to US$ 44.51 Bn. by 2029, growing at a CAGR of 27.9% through 2023 to 2029. Spinal Muscular Atrophy (SMA) Indication segment leads the Global Gene Therapy Market by 2029.

Gene Therapy Market Insights Unveiled

Embark on a riveting journey through the realms of the  Gene Therapy Market with the cutting-edge market intelligence of a distinguished global research firm. Immerse yourself in a rich tapestry of data and captivating visual representations that decode the enigmatic trends of both regional and global markets. This comprehensive report reveals the market's deepest ambitions, shedding luminous beams on the foremost competitors, their market valuation, trendy strategies, targets, and trailblazing products. Venture further into the past and present as this report illuminates the market's recent growth and unfurls its illustrious history, igniting the minds of all stakeholders.

Gene Therapy Market Valuation & Growth :

Gene Therapy Market size is expected to grow from US$ 7.94 Bn. in 2022 to US$ 44.51 Bn. by 2029, growing at a CAGR of 27.9% through 2023 to 2029. Spinal Muscular Atrophy (SMA) Indication segment leads the Global Gene Therapy Market by 2029.

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Unleashing the Market's Potential

Plunge into the depths of market dynamics as the research report unveils the secrets of trending competitors, their growth trajectory, and the mesmerizing dance of market dynamics. Unravel the mysteries of regional and global market value and demand, discerning the beating heart of the competitive landscape and the untapped potential in production, demand, and supply. Behold the kaleidoscope of market segmentation, where the psychographic, demographic, geographic, and behavioral elements harmonize, shaping marketing strategies, bespoke products, alluring offers, and unforgettable customer experiences. Harness the power of Porter's analysis to gauge the potency of organizations' competitive positions, propelling them to new heights of profitability. Peer into the crystal ball of Pestle analysis, unveiling the validation of existing products and services within the cosmic context. Finally, let the SWOT analysis shed light on the inner strengths, weaknesses, opportunities, and threats, orchestrating the symphony of a company's destiny. This unparalleled report bequeaths a comprehensive and captivating overview of the enigmatic Gene Therapy Market.

Gene Therapy Market Segmentation:

Global Gene Therapy Market, by Indication (2022-2029)

• Acute Lymphoblastic Leukemia (ALL)
• Inherited Retinal Disease
• Large B-cell Lymphoma
• ADA-SCID
• Melanoma (lesions)
• Beta-Thalassemia Major/SCD
• Head & Neck Squamous Cell Carcinoma
• Peripheral Arterial Disease
• Spinal Muscular Atrophy (SMA)
• Others

Acute lymphoblastic leukaemia (ALL), inherited retinal disease, large B-cell lymphoma, ADA-SCID, melanoma (lesions), beta-thalassemia major/SCD, head and neck squamous cell carcinoma, peripheral artery disease, spinal muscular atrophy (SMA), and others are the market segments based on the indication. By 2022, the Spinal Muscular Atrophy (SMA) sector had the biggest market share (41%), and by 2029, it is predicted to still be leading. One of the most common fatal genetic illnesses in children is spinal muscular atrophy (SMA). Zolgensma (AVXS-101) has been developed as a gene therapy, and its effectiveness in treating SMA and changing the disease phenotype has been shown. In May 2021, the FDA approved Zolgensma, a medication intended to address the fundamental cause of SMA, for use by Novartis. As the first and foremost in this part, Zolgensma

Global Gene Therapy Market, by Vector Type (2022-2029)

• Lentivirus
• AAV
• Retrovirus & gamma Retrovirus
• Modified Herpes Simplex Virus
• Adenovirus
• Non-viral Plasmid Vector

The market is divided into Lentivirus, AAV, Retrovirus & Gamma Retrovirus, Modified Herpes Simplex Virus, Adenovirus, and Non-viral Plasmid Vector categories based on the type of vector. The AAV segment is anticipated to expand quickly between 2022 and 2029, with a compound annual growth rate of 27.9%. At 43% of the market, the AAV segment had the biggest share in 2022. There will be a huge demand for AAV in the upcoming years because to its enormous development in utilisation in several therapeutic domains in recent years. Their demonstrated non-pathogenicity is a major factor in their adoption. Among the businesses engaged in AAV viral vector-based gene therapy research and development are Dimension Therapeutics, AGTC, Spark Therapeutics, Sangamo Biosciences, Biogen, and AveXis.

 

Global Gene Therapy Market, by Delivery Method (2022-2029)

• In Vivo
• Ex Vivo

Global Gene Therapy Market, by Gene Type (2022-2029)

• Antigen
• Cytokine
• Tumor Suppressor
• Suicide
• Deficiency
• Growth factors
• Receptors
• Others

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Regional Revelations

Be immersed in the grandeur of formal, functional, and vernacular regional analyses, where the fiery crucible of demand ignites the business landscapes of Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. Behold the splendor of distinct targets, strategies, and market values, harmonizing the symphony of success in each captivating region.

Gene Therapy Market Key Players

 1. REGENXBIO, Inc. 2. Bayer 3. Oxford BioMedica plc 4. Dimension Therapeutics, Inc. 5. Bristol-Myers Squibb Company 6. SANOFI 7. Applied Genetic Technologies Corp 8. F. Hoffmann-La Roche Ltd. 9. Bluebird Bio, Inc. 10. Novartis AG 11. Taxus Cardium Pharmaceuticals Group, Inc. (Gene Biotherapeutics) 12. UniQure N.V. 13. Shire Plc; 14. Cellectis S.A. 15. Sangamo Therapeutics, Inc. 16. Orchard Therapeutics 17. Gilead Lifesciences, Inc. 18. Benitec Biopharma Ltd. 19. Sibiono GeneTech Co., Ltd. 20. Shanghai Sunway Biotech Co., Ltd 21. Gensight Biologics S.A. 22. Transgene 23. Calimmune, Inc 24. Epeius Biotechnologies Corp 25. Astellas Pharma, Inc 26. American Gene Technologies 27. BioMarin Pharmaceuticals, Inc. 28. Human Stem Cell Institute

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