Global Gene Therapy Market Size, Growth, key Player, Share, demand impact Analysis, Opportunities Forecast to 2027
On the other hand, biopharma businesses have made a number of moves to get a competitive edge in the industry. Companies are adopting a range of market entry strategies, including expanding their biopharmaceutical facilities, working with other significant stakeholders, and creating goods with CMOs (CMOs).
Global Gene Therapy Market size is expected to grow from US$ 4.86 Bn. in 2020 to US$ 27.21 Bn. by 2027, growing at a CAGR of 27.9% through 2021 to 2027. Spinal Muscular Atrophy (SMA) Indication segment leads the Global Gene Therapy Market by 2027.
Global Gene Therapy Market Overview:
The Global Gene Therapy market study gives a comprehensive view of the competition, including the market share and company profiles of the major competitors. The scope of the research includes a full examination of the Global Gene Therapy Market, as well as the reasons for variations in the industry's growth between regions.
Global Gene Therapy Market Scope:
Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.
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Key Players:
Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and market breakdowns, which are then verified against primary data.
The biggest players in the Global Gene Therapy market are as follows:
• REGENXBIO, Inc.
• Bayer
• Oxford BioMedica plc
• Dimension Therapeutics, Inc.
• Bristol-Myers Squibb Company
• SANOFI
• Applied Genetic Technologies Corp
• F. Hoffmann-La Roche Ltd.
• Bluebird Bio, Inc.
• Novartis AG
• Taxus Cardium Pharmaceuticals Group, Inc. (Gene Biotherapeutics)
• UniQure N.V.
• Shire Plc;
• Cellectis S.A.
• Sangamo Therapeutics, Inc.
• Orchard Therapeutics
• Gilead Lifesciences, Inc.
• Benitec Biopharma Ltd.
• Sibiono GeneTech Co., Ltd.
• Shanghai Sunway Biotech Co., Ltd
• Gensight Biologics S.A.
• Transgene
• Calimmune, Inc
• Epeius Biotechnologies Corp
• Astellas Pharma, Inc
• American Gene Technologies
• BioMarin Pharmaceuticals, Inc.
• Human Stem Cell Institute
• Spark Therapeutics LLC
• GlaxoSmithKline
• Voyager Therapeutics
Regional Analysis:
Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Global Gene Therapy market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.
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COVID-19 Impact Analysis on Global Gene Therapy Market:
Due to a break in operations, end-user sectors where Global Gene Therapy are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Global Gene Therapy manufacturers, impacting the growth of the Global Gene Therapy market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Global Gene Therapy .
Key Questions Answered in the Global Gene Therapy Market Report are:
- In 2021, which segment held the highest proportion of the Global Gene Therapy market?
- What is the Global Gene Therapy market's competitive landscape?
- What are the primary drivers assisting Global Gene Therapy market growth?
- Which region has the most market share in the Global Gene Therapy market?
- What will be the Global Gene Therapy market's CAGR throughout the projected period (2022-2027)?
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