Databridgemarketresearch.com Present “Global Gene Therapy Products Market– Industry Trends and Forecast to 2027” new report to its research database. The research report released by Data Bridge Market research provides the market segmentation based on type, market size, Product launches and applications. It identifies the global adoption of the products as one of the growth factors, driven by the availability of the product. The global research report gives the brief summary of the leading players operating in the market, their product offering, key developments, investments feasibility and returns. This Global Gene Therapy Products Market report which is outcome of the ultimate dedication of industry experts, has an abundance of data that can profit anybody, regardless of their business or academic interest.
Global Gene Therapy Products Market By Product (Yescarta, Kymriah, Luxturna, Strimvelis, Gendicine), Application (Oncological Disorders, Rare Diseases, Cardiovascular Diseases, Neurological Disorders, Infectious diseases, Other Diseases), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Gene Therapy Products Market
Global gene therapy products market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising cancer cases and unused potential for emerging markets are the major factors for the growth of this market.
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Market Definition: Global Gene Therapy Products Market
Gene therapy or human gene therapy is a process which is used to modify gene for the treatment of any disease. Plasmid DNA, bacterial vector, human gene editing technology and viral vectors are some of the most common type of gene therapy products. The main aim of the gene therapy is to replace the dysfunctional genes. Somatic and germline are some of the most common type of the gene therapy.
Global gene therapy products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of gene therapy products market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global gene therapy products market are Adaptimmune., Anchiano Therapeutics, bluebird bio, Inc., CELGENE CORPORATION, GlaxoSmithKline plc., Merck KGaA, Novartis AG, Achieve Life Sciences, Inc., Spark Therapeutics, Inc., Abeona Therapeutics, Inc, Adverum, agtc, Arbutus Biopharma, Audentes Therapeutics, AveXis, Inc., CRISPR Therapeutics, Intellia Therapeutics, Inc and Gilead Sciences,Inc. among others.
- Increasing investment on R&D activities of gene therapy is driving the growth of this market
- Rising awareness among population about gene therapy is driving the market growth
- Increasing cases of cancer worldwide is another factor driving the market growth.
- High price of the gene therapy is restraining the growth of this market
- Increasing unrequired immune responses is another factor restraining the market growth market.
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Segmentation: Global Gene Therapy Products Market
- Oncological Disorders
- Rare Diseases
- Cardiovascular Diseases
- Neurological Disorders
- Infectious diseases
- Other Diseases
Key Developments in the Market:
- In May 2019, ElevateBio announced their establishment after a round of Series A funding of USD 150 million. The main aim of the establishment is to create new cell and gene therapy along with the partnership with medical centers, entrepreneur and academic researchers. They want to provide the entire cell and gene therapy companies with highly innovative therapies to expand their product portfolio.
- In April 2019, Marken announced the launch of their custom designed thermal box which has the ability to utilize any GPS tracking device. They are specially designed for the shipments of clinical drug products, cell and gene therapies and clinical drug substance. Cell and gene therapies are very sensitive by nature and require extreme care and safety. This new thermal box will also provide the user with lock and security seal option.
Reasons to Purchase this Report
- Current and future of global gene therapy products market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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