Market
Insights
Reports delivered globally, covering a wide range of industries and sectors.
Clients who trust our expertise and rely on our insights for business decisions.
Managed Reports, ensuring seamless updates and premium service.
Satisfied Customers, committed to delivering exceptional value and quality.
Cancer Gene Therapy Market by Type (Ex-vivo, In-vivo), by Therapy (Oncolytic virotherapy, Gene-induced immunotherapy, Gene transfer), by Product (Viral vectors, Non-viral vectors, Other products), by End-use (Biopharma companies, Research institutes, Other end-users), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy, Rest of Europe), by Asia Pacific (Japan, China, Rest of Asia Pacific), by Middle East and Africa (GCC, South Africa, Rest of Middle East and Africa ), by South America (Brazil, Argentina, Rest of South America) Forecast 2025-2033
The size of the Cancer Gene Therapy market was valued at USD XXX Billion in 2023 and is projected to reach USD XXX Billion by 2032, with an expected CAGR of 20.5% during the forecast period.Cancer gene therapy refers to a method of biological therapy that involves manipulating genes to kill cancer. Genetic material is injected into the body cells of the patient to either replace missing or mutated genes, or to boost the immune response of the human body to fight off cancerous cells. There are two main approaches to cancer gene therapy: gene-replacement and immunotherapy. Replacement gene therapy is mainly aimed at replacement of missing genes or mutated ones with healthy versions, while replacement of the healthy immune system which fights cancer represents immunotherapy. Cancer gene therapy is a recently developed promising modality of approach to cancer management still in its developing stages.
The Cancer Gene Therapy Market is highly fragmented, with a significant presence of both large and small players. Key players include Abeona Therapeutics Inc., Altor Bioscience Inc., Asklespios BioPharmaceutical Inc., Bluebird bio, Inc., Bristol-Myers Squibb Company, and GSK plc. These companies are constantly investing in research and development to expand their product portfolios and gain a competitive edge. The market is characterized by innovation, with ongoing advancements in gene therapy techniques and the development of new gene therapies for various types of cancer.
One of the key trends in the Cancer Gene Therapy Market is the increasing adoption of viral vectors for gene delivery. Viral vectors, such as adenoviruses, lentiviruses, and retroviruses, have high transduction efficiency and can effectively deliver therapeutic genes to target cells. Another notable trend is the emergence of non-viral vectors, which offer advantages such as reduced immunogenicity and lower production costs. Additionally, the development of gene-editing technologies, such as CRISPR-Cas9 and TALENs, is enabling more precise and efficient editing of genes, leading to improved therapeutic outcomes.
North America is expected to dominate the Cancer Gene Therapy Market, owing to the presence of a well-established healthcare system, high healthcare expenditure, and supportive government policies for cancer research. The Asia Pacific region is also expected to witness significant growth in the coming years due to the rising prevalence of cancer, increasing awareness about gene therapy, and government initiatives to promote cancer research. The ex-vivo segment is projected to hold a larger market share due to its ability to manipulate and modify cells outside the body, allowing for targeted and personalized gene therapy approaches. Gene-induced immunotherapy is anticipated to be the fastest-growing segment, as it involves using genetically engineered immune cells to specifically target and eliminate cancer cells.
The Cancer Gene Therapy Market report provides comprehensive insights into the market dynamics, including market size, market share, and growth rate. It offers a detailed analysis of market segments, including type, therapy, product, and end-use. The report also covers key regional markets and provides competitive intelligence on leading market players.
In terms of market size, the Cancer Gene Therapy Market is valued at USD 2.2 Billion and is expected to reach USD XX Billion by 2029. North America currently holds the largest market share, followed by Europe and Asia Pacific. Ex-vivo gene therapy is the dominant segment, accounting for over 50% of the market share.
1. North America
2. Europe
3. Asia Pacific
4 Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
5 South America
Brazil
Argentina
Rest of South America
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 20.5% from 2019-2033 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Market Insights Reports offers comprehensive market research reports and analysis, giving businesses important information about their clients, rivals, and sector to help them make well-informed decisions on operations, marketing, and business strategy. We offer a variety of services in addition to market research, data analysis, and strategy planning. In order to find opportunities and learn more about our competitors and the industry at large, we employ competitive analysis. To identify areas for development, we also evaluate our performance against that of our rivals. We can determine the places at which we can offer our clients the most value by performing value chain analysis.
Additionally, clients receive a thorough overview of their industry business environment. We can find trends that help us forecast future possibilities and threats by examining global macroeconomic dynamics and consumer behavior patterns. By analyzing their features and advantages, contrasting them with comparable items on the market, and evaluating both their quantitative and qualitative performance, we comprehensively evaluate our clients' products. This allows us to assist customers in determining how their goods compare to those of their rivals and in creating successful marketing plans. Our group has been successful in gaining a thorough grasp of our clients' requirements and offering them creative solutions. We currently provide services to more than 50 nations in Europe, the Middle East, Africa, Latin America, Asia Pacific, and North America. Because of our global reach, we have been able to establish trusting bonds with our partners and clients in various nations, improving customer service and forging a more cohesive worldwide presence.
See the similar reports