Cell and Gene Therapy Market Revenue Poised for Significant Growth During the Forecast Period of 2020-2027
The Global Cell and Gene Therapy Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Cell and Gene Therapy market and its key elements. The approval of early chimeric antigen receptor T-cell immunotherapy using cell and gene therapy has created lucrative potential for medication approvals for additional purposes. Clinical studies for T-cell therapies have grown rapidly recently, and ongoing developments in chimeric antigen receptor T-cell therapy are thought to be one of the main factors driving the market’s expansion. Additionally, gene therapy is being employed to treat a variety of unusual diseases for which there is now no cure, despite the fact that it has historically been used primarily to treat cancer. The approval of a product for use in non-cancer applications denotes a shift in consumer focus to other untapped areas.
The report sheds light on the minute details of the Cell and Gene Therapy industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027. The report assesses the historical data and current scenario to offer accurate estimations of the Cell and Gene Therapy market in the coming years. The report values the Cell and Gene Therapy market at USD 6.57 Million by the year 2027, growing steadily at a CAGR of 19.8%.
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The report further divides the Cell and Gene Therapy market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Cell and Gene Therapy market.
Some players analyzed in the report are:
Spark Therapeutics LLC,
Gilead Sciences Inc.,
Voyager Therapeutics, and
By vector type, retrovirus and gammaretrovirus dominated the market with a size of USD 390.6 million in 2019. The primary benefits of retroviral vectors are the ability to alter the RNA genome to a DNA genome that steadily incorporates into the target cell. Thus the retroviral vectors may find usage in a permanent modification of the genome of the host cell nucleus genome.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Emergen Research has segmented the global Cell and Gene Therapy Market on the basis of indication, vector type, and region:
Indication Outlook (Revenue, USD Billion; 2017-2027)
- Acute Lymphoblastic Leukemia (ALL)
- Inherited Retinal Disease
- Large B-Cell Lymphoma
Vector Outlook (Revenue, USD Billion; 2017-2027)
- Retrovirus & Gammaretrovirus
- Modified Herpes Simplex Virus
- Non-Viral Plasmid Vector
By indication, large b-cell lymphoma contributed to a larger market share in 2019. Large B-cell lymphoma is a highly prevalent form of non-Hodgkin lymphoma cancer in grownups. The gene therapy employs cells from the immune system of the patients to develop a custom-made treatment to combat cancer.
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