Gene Therapy Market Size By End User, By Region 2021 | Overview, Growth, Economics, Demand And Forecast Research Report To 2027
Research report presented by UnivDatos, Emphasis on Vector [Viral
(Lentivirus, Adeno-Associated Virus, Retrovirus & Gammaretrovirus, Modified
Herpes Simplex Virus, Adenovirus), Non-Viral], Gene Type (Antigen, Cytokine,
Tumor Suppressor, Suicide, Deficiency, Receptor, Others), Indication (Oncology,
Rare Diseases, Cardiovascular, Neurology, Infectious, Others), Delivery Method
(In vivo, Ex vivo) and Geographical
analysis (key regions and countries).
As per the research report, Global Gene Therapy Market is expected to
reach the market valuation of US$ 20.9 billion by 2027 expanding at a
reasonable CAGR of 29.7% during the forecast period (2021-2027) from US$ 3.5
billion in 2019.
Gene therapy is a
technique that involves inserting genetic material into cells in order to
correct for abnormal genes or produce a desirable protein. The growing number
of ongoing clinical trials, as well as significant mergers, acquisitions, and
venture capital investments in the gene-therapy field, suggest that the future
of such therapies is promising. About 2,600 gene therapy clinical trials have
been completed, are in progress, or have been accepted around the world to
date. Gene therapy researchers are working more than ever to find a path to the
clinic and the market. About two thousand clinical trials in human gene therapy
have been published worldwide, and about 20 gene therapies have been approved.
Such progress raises the prospect of treating devastating rare and hereditary
illnesses, as well as incurable diseases.
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As of the end of the
first quarter of 2019, 372 gene therapy clinical trials were in development,
according to the Alliance for Regenerative Medicine's (ARM) Quarterly
Regenerative Medicine Global Data Study. Surprisingly, trials in Phase II had
the largest margin (217 or 58 percent), followed by Phase I (123 or 33
percent), and Phase III (123 or 33 percent) (32 or 9 percent). The number of
gene therapy clinical trials increased by ten from the previous year's total of
362 trials. In fact, from 319 trials in progress in Q1 2018, the number of
clinical tests has increased by 17% year over year. Many gene therapy clinical
trials have focused on treating cancers such as breast, gynaecological, skin,
urological, neurological, and gastrointestinal tumours, as well as
haematological malignancies and paediatric tumours. According to the
International Agency for Research on Cancer, 1 in 5 people will grow cancer
over their lifetime, with 1 in 8 men and 1 in 11 women dying from it. According
to these recent estimates, nearly 50 million people are living within five
years of a previous cancer diagnosis. Globally, ageing demographics and
socioeconomic risk factors continue to be major factors driving this increase.
For a detailed analysis of the applications in the Gene Therapy
Market browse through –
https://univdatos.com/report/global-gene-therapy-market-current-analysis-and-forecast-2020-2027
Insights Presented in the Report
“Amongst vectors, Viral vectors segment holds the major share”
The market is
divided into viral and non-viral vectors based on the form of vector. Due to
major advances in vector engineering, distribution, and protection, viral
vectors dominated the industry in 2019 with an 88.6 percent share and are
projected to continue their dominance over the forecast era.
“Amongst viral vectors, adeno-associated virus vectors are anticipated
to dominate the market during the analyzed period”
Lentivirus, adeno-associated virus,
retrovirus & gammaretrovirus, transformed herpes simplex virus, and
adenovirus are the major segments of the viral vector market. Because of the
fast penetration into the host genome, no viral genes, ability to transduce
cells that are not actively dividing, a wide variety of host cells, and being
non-inflammatory and non-pathogenic, the adeno-associated virus sub-segment
accounted for a maximum market sales share of 34% in 2019 and is projected to
remain dominant throughout the studied timeframe. The non-viral vector, on the
other hand, is expected to rise at the fastest rate over the projected period.
“Amongst gene type, antigen segment dominated the market during the
forecast period”
The market is divided into antigen,
cytokine, tumour suppressor, suicide, deficiency, antibody, and others based on
gene form. The antigen category has the highest market sales share of 19.2
percent in 2019 and is projected to remain dominant over the forecast period.
“Amongst indication, oncology segment holds the major share”
The industry is
divided into oncology, rare disorders, respiratory, neurology, infectious
diseases, among others based on indication. Thanks to the prevalence of cancer
cases, the oncology segment accounted for the largest market share of 48.6% in
2019 and is projected to be the leading segment of the gene therapy market
over the forecast period.
“Amongst the delivery method, in-vivo segment dominated the market
during the forecast period”
The market is primarily divided into
in-vivo and ex-vivo delivery methods, depending on the method of delivery. Due
to the direct transfer of genes into patients, the in-vivo segment accounted
for a maximum market revenue share of 87.5 percent in 2019 and is projected to
remain dominant throughout the studied timeframe.
“North America represents one of the largest markets of Gene Therapy
market”
A systematic study
of the consumer dynamics of the gene therapy market was performed for various
regions around the world, including North America (the United States, Canada,
and the Rest of North America), Europe (Germany, France, Italy, Spain, United
Kingdom and Rest of Europe), Asia-Pacific (China, Japan, Australia, South
Korea, and the Rest of APAC), and the Rest of the World. Because of the high incidence of cancer, the presence
of high disposable income, and a rise in support for R&D initiatives
associated with gene therapy, North America led the industry and reported sales
of US$ 1.7 billion in 2019.
Customization Options:
The Gene Therapy Market can further be customized as per
the requirement or any other market segment. Besides this, UMI understands that
you may have your own business needs, hence feel free to connect with us to get
a report that completely suits your requirements.
Table of Contents
1 Market
Introduction
2 Research
Methodology or Assumption
3 Industry
Performance
4 Executive
Summary
5 Top Start-Ups
Under Gene Therapy Sector
6 COVID-19
Impact
7 Market
Insights by Vector
8 Market
Insights by Gene Type
9 Market
Insights by Indication
10 Market
Insights by Delivery Method
11 Market
Insights by Region
12 Gene Therapy
Market Dynamics
13 Legal &
Regulatory Framework
14 Demand and
Supply Side Analysis
15 Value Chain
Analysis
16 Gene Therapy
Market Opportunities
17 Gene Therapy Market Trends
& Insights
18 Competitive
Scenario
19 Company
Profiled
20 Disclaimer
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