Gene Therapy Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Request Brochure Request Discount

Report Code: ZMR-3218 | Report Format : | Status : Upcoming |

Abstract

Gene Therapy Market: Overview

Gene therapy is the introduction of a segment of DNA into a patient to treat a genetic disease. The new introduced DNA usually consists of a functioning gene to correct the adverse effects of the mutation in the individual’s own gene.

Gene Therapy Market: Market Dynamics

Increase in funding for R&D activities for new advances in gene therapy, raising awareness about gene therapy amongst people, increase in government subsidiaries and concessions, ethical acceptance of gene therapy for the treatment of cancer and rise in the occurrence of cancer can fuel the growth of the gene therapy market over the forecasted period.

Few of the restraints for the Gene Therapy market include immune responses to the therapy which are not expected, high costs associated with the therapy and stringent regulatory rules.

Gene Therapy market promises new opportunities owing to upcoming cures for longtime incurable diseases. In March 2017, researchers in France announced that a teenage boy has been cured of sickle-cell disease a few years after he received an experimental gene therapy developed by Bluebird Bio. In addition, FDA approved two breakthrough treatments, Yescarta and Kymriah that uses one’s own immune cells to fight rare types of cancer. 

Gene Therapy Market: Segmentation

Based on the type of vector, the Gene Therapy market is segmented as Viral vector and Non-viral vector. Viral vector segment has further sub-segments- Retroviruses, Lentiviruses, Adenoviruses, Adeno Associated Virus, Herpes Simplex Virus, Poxvirus, Vaccinia Virus and Others. The dominant segment is the Viral vector owing to its large use, however, the Non-viral vector is experiencing growth owing to its positive results during the preclinical and clinical trials for the treatment of various diseases. Non-viral vector is further segmented as, Naked/Plasmid Vectors, Gene Gun, Electroporation, Lipofection, and Others.

Based on the application, the market is segmented as Oncological Disorders, Rare Diseases, Cardiovascular Diseases, Neurological Disorders, Infectious disease and Other Diseases. Among these, Oncological diseases are major contributors to the market owing to the high prevalence of cancer worldwide; followed by Cardiovascular diseases on account of rising in the cardiac aliments owing to lifestyle changes.

North America is projected to dominate the global gene therapy market over the forecasted period owing to well-established healthcare facilities, increasing number of patients with cancer and genetic disorders in the region, favorable medical reimbursement policies, high healthcare expenditure, and extensive R&D activities for the gene therapy. Europe is expected to follow North America in the Gene therapy market. The market in the Asia Pacific is likely to expand over the forecasted period owing to the high prevalence of cancer, cardiac aliments, the rise in the healthcare expenditure and developing healthcare infrastructure.

Gene Therapy Market: Competitors

Some of the major players in the global gene therapy market are Bluebird Bio, Inc., CELGENE CORPORATION, OncoGenex Pharmaceuticals, GlaxoSmithKline PLC, Shanghai Sunway Biotech Co. Ltd., Transgene SA and Adaptimmune Therapeutics PLC. Most of these companies are witnessing different pre-clinical and clinical stages of development of gene therapies.

Gene Therapy Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Blockchain Technology in Healthcare Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025

Price : $ 3900.00 | Report Code: ZMR-3252 | Report Format:

Global Blockchain Technology in Healthcare Market: Overview The development in offering competent healthcare services is extremely dependent on its advancements in the information technology, and the ability to store and record information economically and easily as well as share it securely amo...Read More

Healthcare IT Consulting Market by Type (Application Analysis, Design & Development, Strategy & Project Management, Change Management, Security & Risk Assessment, Integration & Migration, Production Live Support, Regulatory Compliance, Business Process Management, and Other Consulting Services) and by End User (Healthcare Providers, Healthcare Payers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Jul-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3242 | Report Format:

The report covers forecast and analysis for the healthcare IT consulting market on a global and regional level. The study provides historic data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the health...Read More

Oncology Nutrition Market by Cancer Type (Blood, Liver, Pancreatic, Breast, Lung, Head & Neck, Esophageal, Stomach & Gastrointestinal): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Jul-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3241 | Report Format:

The report covers forecast and analysis for the oncology nutrition market on a global and regional level. The study provides historical data from 2015 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the oncology nutrition market...Read More

Newborn Screening Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3223 | Report Format:

Global Newborn Screening Market: Overview Newborn screening is basically a test or the series of tests that helps in identifying any harmful or potentially fatal disorders which can have an effect on a childs long-term health and survival. Early detection and appropriate standards of diagnosis a...Read More

Adult Vaccines Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3900.00 | Report Code: ZMR-3219 | Report Format:

Global Adult Vaccines Market: Overview Avaccineis a biological preparation that develops immunity to a specific disease. Immunization does not end in childhood. An adults immunity can wear off from childhood vaccinations, risking them for new and infectious diseases. Some vaccines may not be ava...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.