The growing field of advanced therapeutics and gene delivery technologies has spawned a competitive environment in which a large number of market companies are attempting to commercialize their gene therapy products. Collaborations, mergers, and acquisitions are being considered by therapy developers as a potential option for enhancing in-house knowledge and strengthening product pipelines. These factors are expected to contribute to the market’s growth. Although the high prices of currently accessible therapies encourage therapeutic development, they also limit accessibility and may lead to market withdrawals owing to the goods’ lack of economic sustainability.
Global Gene Therapy Market Scope:
Our team at Maximize collects market information and data from a number of sources in order to provide a more realistic regional perspective. The study’s country-level analysis is based on a review of several regional stakeholders, regional tax laws and policies, consumer behaviour, and macroeconomic statistics.
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Global Gene Therapy Market Overview:
A research team conducted extensive primary and secondary research for the worldwide industry’s Global Gene Therapy market study. Secondary research was conducted to supplement existing data, segment the market, assess total market size, anticipate market size, and growth rate.
Global Gene Therapy Market size is expected to grow from US$ 4.86 Bn. in 2020 to US$ 27.21 Bn. by 2027, growing at a CAGR of 27.9% through 2021 to 2027. Spinal Muscular Atrophy (SMA) Indication segment leads the Global Gene Therapy Market by 2027.
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Key Players: the key players are
• REGENXBIO, Inc.
• Bayer
• Oxford BioMedica plc
• Dimension Therapeutics, Inc.
• Bristol-Myers Squibb Company
• SANOFI
• Applied Genetic Technologies Corp
• F. Hoffmann-La Roche Ltd.
• Bluebird Bio, Inc.
• Novartis AG
• Taxus Cardium Pharmaceuticals Group, Inc. (Gene Biotherapeutics)
• UniQure N.V.
• Shire Plc;
• Cellectis S.A.
• Sangamo Therapeutics, Inc.
• Orchard Therapeutics
• Gilead Lifesciences, Inc.
• Benitec Biopharma Ltd.
• Sibiono GeneTech Co., Ltd.
• Shanghai Sunway Biotech Co., Ltd
• Gensight Biologics S.A.
• Transgene
• Calimmune, Inc
• Epeius Biotechnologies Corp
• Astellas Pharma, Inc
• American Gene Technologies
• BioMarin Pharmaceuticals, Inc.
• Human Stem Cell Institute
• Spark Therapeutics LLC
• GlaxoSmithKline
• Voyager Therapeutics
Regional Analysis:
A country-level examination of the Global Global Gene Therapy Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Global Gene Therapy Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other countries.
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COVID-19 Impact Analysis on Global Global Gene Therapy Market: The impact of COVID-19 on Global Global Gene Therapy market has also been included in the report.
Key Questions answered in the Global Gene Therapy Market Report are:
- Which product segment had the largest share in the Global Global Gene Therapy market in 2020?
- How is the projected competitive landscape of the Global Gene Therapy market in the forecast period (2021-2027)?
- Which are the key factors aiding the Global Global Gene Therapy market growth?
- Which region is responsible for the maximum share in the Global Global Gene Therapy market in 2020?
- What will be the CAGR of the Global Gene Therapy market in the forecast period (2021-2027)?
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