The global Cell and Gene Therapy Market size was valued at USD 17.80 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.4% during the forecast period, reaching a value of USD 82.40 billion by 2030.
Cell and Gene Therapy Market research report by Future Data Stats, offers a comprehensive view of the Market's historical data from 2019 to 2022, capturing trends, growth patterns, and key drivers. It establishes 2023 as the base year, analyzing the Market landscape, consumer behavior, competition, and regulations. Additionally, the report presents a well-researched forecast period from 2024 to 2032, leveraging data analysis techniques to project the Market's growth trajectory, emerging opportunities, and anticipated challenges.
MARKET OVERVIEW:
Cell and gene therapy represent innovative medical approaches aimed at treating diseases by modifying or introducing genetic material into a patient's cells. In cell therapy, live cells are either harvested from the patient's body or from a donor, then modified or cultured in a laboratory before being reintroduced into the patient's body to replace damaged or diseased cells. Gene therapy, on the other hand, involves the direct alteration of a patient's genes, often using viral vectors or gene-editing techniques, to correct genetic mutations or introduce therapeutic genes. Both therapies hold promise for treating a wide range of diseases, including cancer, genetic disorders, cardiovascular diseases, and neurological conditions, offering potential alternatives to traditional treatments such as surgery, chemotherapy, or long-term medication regimens.
The development of cell and gene therapy has sparked excitement in the medical community due to its potential to revolutionize healthcare by providing personalized and targeted treatments. These therapies offer the possibility of addressing the root cause of diseases at the genetic level, potentially leading to more effective and long-lasting outcomes for patients. However, challenges remain, including the need for further research to optimize safety and efficacy, the high cost of development and manufacturing, and regulatory hurdles.
MARKET DYNAMICS:
The increasing prevalence of chronic and genetic diseases worldwide, creating a pressing need for innovative treatment options. Moreover, advancements in biotechnology and gene-editing technologies have accelerated the development of novel therapies, expanding the scope of potential applications. Additionally, rising investments from both public and private sectors are fueling research and development efforts, further propelling market expansion.
Regulatory challenges and safety concerns regarding the use of genetically modified cells or viruses in therapy pose significant hurdles for market players. Furthermore, the high costs associated with research, development, and manufacturing limit accessibility to these advanced therapies, particularly in emerging economies. With increasing collaborations between pharmaceutical companies, academic institutions, and research organizations driving innovation and paving the way for future breakthroughs in the field.
CELL AND GENE THERAPY MARKET SEGMENTAL ANALYSIS
BY TYPE:
The growing demand for innovative treatment modalities, particularly in the realm of personalized medicine. Cell therapy, which involves the administration of living cells to replace or repair damaged tissues, holds immense potential for addressing a wide range of diseases, including cancer, autoimmune disorders, and degenerative conditions. Similarly, gene therapy, characterized by the introduction or modification of genetic material to correct genetic defects or treat diseases, offers a promising avenue for targeted and precise interventions.
Amidst these advancements, market growth is further propelled by the increasing prevalence of chronic and genetic diseases globally. The rising burden of conditions such as cancer, cardiovascular disorders, and rare genetic disorders has spurred heightened interest and investment in cell and gene therapy research and development. Furthermore, advancements in biotechnology and genetic engineering techniques have accelerated the pace of innovation, enabling the development of more efficacious and targeted therapies. As a result, stakeholders across the healthcare spectrum, including pharmaceutical companies, research institutions, and regulatory bodies, are actively engaged in advancing the field and expanding its therapeutic applications.
The significant promise, the cell and gene therapy market is not without its challenges. Regulatory complexities and safety concerns surrounding the use of genetically modified organisms and viral vectors present notable hurdles for market players. Additionally, the high costs associated with research, development, and manufacturing impede widespread accessibility to these advanced therapies, particularly in resource-limited settings.
BY APPLICATION:
In oncology, these therapies offer promising avenues for precision treatment, targeting specific genetic mutations associated with various types of cancer. The potential to tailor therapies to individual patients' genetic profiles has fueled significant interest and investment in developing novel cell and gene-based approaches to combat cancer's complexity and heterogeneity.
Moreover, the market is influenced by the growing demand for innovative treatments for genetic disorders. Cell and gene therapies hold significant promise for addressing rare genetic diseases by targeting the underlying genetic mutations responsible for these conditions. By introducing functional genes or correcting defective ones, these therapies offer potential cures or substantial improvements in patients' quality of life, representing a paradigm shift in the management of genetic disorders.
Additionally, the application of cell and gene therapies extends to cardiovascular diseases, neurological disorders, and a myriad of other conditions. In cardiovascular medicine, these therapies hold potential for repairing damaged cardiac tissues and restoring heart function. Similarly, in neurology, they offer hope for treating conditions such as Parkinson's disease and spinal cord injuries by promoting nerve regeneration and restoring neurological function.
BY END USER:
Hospitals and clinics play a pivotal role as primary providers of cell and gene therapy treatments, serving as the frontline for patient care and administration of these advanced therapies. As the demand for personalized medicine continues to rise, hospitals and clinics are increasingly integrating cell and gene therapies into their treatment protocols, driving market growth and adoption.
Furthermore, biotechnology and pharmaceutical companies are instrumental in driving innovation and commercialization within the cell and gene therapy market. These entities invest substantial resources into research and development to advance therapeutic candidates from preclinical stages through clinical trials and eventual commercialization. Additionally, their expertise in manufacturing and distribution plays a critical role in ensuring the scalability and accessibility of cell and gene therapies to patients worldwide.
Academic and research institutes form the backbone of scientific discovery and technological advancement within the cell and gene therapy field. These institutions conduct foundational research, elucidating the underlying mechanisms of disease and pioneering breakthroughs in gene editing, cell engineering, and regenerative medicine.
REGIONAL ANALYSIS:
North America, particularly the United States, leads the market with a robust infrastructure for research and development, favorable regulatory environment, and high adoption rates of advanced medical technologies. The presence of key biotechnology hubs and academic institutions fosters innovation and accelerates the commercialization of cell and gene therapies, positioning the region as a global leader in the field.
In Europe, countries like the United Kingdom, Germany, and Switzerland are at the forefront of cell and gene therapy research and development. The region benefits from strong public-private partnerships, supportive regulatory frameworks, and a growing network of specialized treatment centers.
KEY MARKET PLAYERS:
- Novartis AG
- Gilead Sciences, Inc.
- bluebird bio, Inc.
- Spark Therapeutics, Inc.
- Bristol Myers Squibb Company
- Sangamo Therapeutics, Inc.
- Regenxbio Inc.
- Editas Medicine, Inc.
- Intellia Therapeutics, Inc.
- Celgene Corporation
- Orchard Therapeutics plc
- Lonza Group Ltd.
- Precision Biosciences, Inc.
- CRISPR Therapeutics AG
- Vertex Pharmaceuticals Incorporated
- Amgen Inc.
- Takeda Pharmaceutical Company Limited
- Astellas Pharma Inc.
- Merck KGaA
- Bayer AG
- Johnson & Johnson
- Pfizer Inc.
- Adaptimmune Therapeutics plc
- Fate Therapeutics, Inc.
- Beam Therapeutics Inc.
Table of Contents
Introduction
Executive Summary
Market Overview
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Cell and Gene Therapy Market Segmentation
By Type
By Application
By End User
By Region
Competitive Landscape
Company Profiles
Investment Analysis
Future Outlook
Conclusion
Cell and Gene Therapy Market Segmentation
By Type:
- Cell Therapy
- Gene Therapy
By Application:
- Oncology
- Genetic Disorders
- Cardiovascular Diseases
- Neurological Disorders
- Others
By End User:
- Hospitals and Clinics
- Biotechnology and Pharmaceutical Companies
- Academic and Research Institutes
By Geography:
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
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RESEARCH METHODOLOGY
With a collective industry experience of about 70 years of analysts and experts, Future Data Stats encompasses the most infallible research methodology for its market intelligence and industry analysis. Not only does the company dig deep into the innermost levels of the market, but also examines the minutest details for its market estimates and forecasts.
This approach helps build a greater market-specific view of size, shape, and industry trends within each industry segment. Various industry trends and real-time developments are factored into identifying key growth factors and the future course of the market. The research proceeds are the results of high-quality data, expert views & analysis, and valuable independent opinions. The research process is designed to deliver a balanced view of the global markets and allows stakeholders to make informed decisions, to attain their highest growth objectives.
Future Data Stats offers its clients exhaustive research and analysis, based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models distill the data & statistics and enhance the accuracy of our recommendations and advice.
With Future Data Stats calibrated research process and 360° data-evaluation methodology, the clients receive:
- Consistent, valuable, robust, and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through a well-audited and veracious research methodology
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With this strong methodology, Future Data Stats ensures that its research and analysis is most reliable and guarantees sound business planning.
The research methodology of the global market involves extensive primary and secondary research. Primary research includes about 24 hours of interviews and discussions with a wide range of stakeholders that include upstream and downstream participants. Primary research typically is a bulk of our research efforts, coherently supported by extensive secondary research. Over 3000 product literature, industry releases, annual reports, and other such documents of key industry participants have been reviewed to obtain a better market understanding and gain enhanced competitive intelligence. In addition, authentic industry journals, trade associations’ releases, and government websites have also been reviewed to generate high-value industry insights.
Primary Research:
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Primary Research
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Desk Research
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Company Analysis
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• Identify key opinion leaders • Questionnaire design • In-depth Interviews • Coverage across the value chain
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• Company Website • Company Annual Reports • Paid Databases • Financial Reports
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• Market Participants • Key Strengths • Product Portfolio • Mapping as per Value Chain • Key focus segment
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Primary research efforts include reaching out to participants through emails, telephonic conversations, referrals, and professional corporate relations with various companies that make way for greater flexibility in reaching out to industry participants and commentators for interviews and discussions.
The aforementioned helps to:
- Validate and improve data quality and strengthen the research proceeds
- Develop a market understanding and expertise
- Supply authentic information about the market size, share, growth, and forecasts
The primary research interview and discussion panels comprise experienced industry personnel.
These participants include, but are not limited to:
- Chief executives and VPs of leading corporations specific to an industry
- Product and sales managers or country heads; channel partners & top-level distributors; banking, investments, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research:
A broad array of industry sources for the secondary research typically includes, but is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for a competitive scenario and shape of the industry
- Patent and regulatory databases to understand technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles, web-casts, and other related releases to evaluate the market
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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PRIMARY SOURCES |
DATA SOURCES |
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• Top executives of end-use industries • C-level executives of the leading Parenteral Nutrition companies • Sales manager and regional sales manager of the Parenteral Nutrition companies • Industry Consultants • Distributors/Suppliers
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• Annual Reports • Presentations • Company Websites • Press Releases • News Articles • Government Agencies’ Publications • Industry Publications • Paid Databases
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Analyst Tools and Models:
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BOTTOM-UP APPROACH |
TOP-DOWN APPROACH |
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· Arriving at · Arriving at · Market Share · Key Market Players |
· Key Market Players · Market Share · Arriving at · Arriving at |
Cell and Gene Therapy Market Dynamic Factors
Drivers:
- Increasing prevalence of chronic and genetic diseases
- Advancements in biotechnology and gene-editing technologies
- Rising investments in research and development
- Growing demand for personalized medicine
Restraints:
- Regulatory challenges and safety concerns
- High costs of research, development, and manufacturing
- Limited accessibility, especially in emerging economies
Opportunities:
- Collaborations between pharmaceutical companies and research institutions
- Advancements in manufacturing technologies
- Growing trend towards personalized medicine
Challenges:
- Regulatory complexities surrounding genetically modified organisms
- Safety concerns related to viral vectors
- High barriers to entry for smaller companies
- Ethical considerations regarding gene editing technologies
Frequently Asked Questions
