A detailed analysis of the Global Cell Gene Therapy Manufacturing Market 2024 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Cell Gene Therapy Manufacturing Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.
The report presents a thorough analysis of Cell Gene Therapy Manufacturing, encompassing aspects such as growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply dynamics, import and export trends, revenue contribution, and the presence of key players. The report is segmented into key regions on a global scale. Moreover, it includes a country-by-country analysis of the Cell Gene Therapy Manufacturing market, aiming to provide a more comprehensive understanding of its regional distribution and growth patterns.
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Market Overview:
The global market size for cell gene therapy manufacturing reached USD 7 billion and is expected to undergo a remarkable revenue compound annual growth rate (CAGR) of 26% throughout the forecast period. The primary driver for this growth is the increasing prevalence of chronic diseases, leading to a heightened demand for personalized medication. Additionally, advancements in gene editing and cell treatment technologies significantly contribute to the market’s revenue expansion.
The growing desire to address various genetic illnesses, including cancer, sickle cell anemia, and Human Immunodeficiency Virus (HIV), is a key catalyst for the rising demand in gene therapy and cell therapy. Innovative medicines utilizing gene-editing technology are being developed to correct genetic abnormalities underlying these diseases. The rapid progress of gene-editing tools and their efficacy in treating previously incurable conditions has led to a surge in the production of cell gene therapy.
Indeed, the pharmaceutical and healthcare sectors are undergoing rapid and transformative changes. The increasing availability of cell and gene therapies is providing patients with viable treatments for diseases that were previously considered incurable. Machine learning and artificial intelligence (AI) technologies are playing a pivotal role in facilitating more innovative, faster, and cost-effective therapy development. The utilization of data-driven projects is impacting not only therapy development but also benefiting manufacturing, the supply chain, and the entire healthcare ecosystem.
There is a noticeable shift in consumer attitudes and behaviors within these sectors. This shift includes a greater reliance on technology, increased data sharing, and a growing willingness to use tools for making prescriptions and treatment decisions. These changes are anticipated to contribute to the growth of the pharmaceutical and healthcare markets in the next few years. The convergence of technology and healthcare is playing a crucial role in shaping the future landscape of patient care and treatment options.Strategic Development:
The major companies in the cell gene therapy manufacturing market are continuously investing in research and development to come up with new and more effective treatments for diseases. Some of the recent strategic developments in the market are:
- On 14 December 2021, Novartis International AG entered into a strategic collaboration with Molecular Partners AG to develop DARPin therapeutics for the treatment of cancer and other diseases. This collaboration is expected to provide Novartis with access to Molecular Partners’ DARPin platform, which is designed to deliver highly specific and potent therapeutics.
- On 17 November 2020, Bristol-Myers Squibb Company acquired MyoKardia, Inc., which is a biopharmaceutical company focused on developing targeted therapies for the treatment of cardiovascular diseases. The acquisition was aimed at expanding Bristol-Myers Squibb Company’s portfolio of cardiovascular disease treatments.
- On 27 May 2020, Gilead Sciences, Inc. entered into a strategic collaboration with Arcus Biosciences, Inc. to develop and commercialize cancer immunotherapies. The collaboration is expected to leverage Gilead’s expertise in Cell Therapy and Arcus Biosciences’ expertise in developing small molecule immunotherapies.
Key Players covered in this report are
- Novartis International AG
- Kite Pharma, Inc.
- Bristol-Myers Squibb Company
- Gilead Sciences, Inc.
- Celgene Corporation
- bluebird bio, Inc.
- Spark Therapeutics, Inc.
- Adaptimmune Therapeutics plc
- Ziopharm Oncology, Inc.
- Sangamo Therapeutics, Inc.
Segments Covered in the Report:
| By Product Type Outlook | Viral VectorsNon-Viral Vectors |
| By Application Outlook | OncologyRare Genetic DiseasesCardiovascular DiseasesOthers |
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Cell Gene Therapy Manufacturing industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Cell Gene Therapy Manufacturing manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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