What is the global market size of Cancer Gene Therapy Market?

Cancer Gene Therapy Market size was valued at USD 1.97 billion in 2021 and is poised to grow from USD 2.37 billion in 2022 to USD 10.48 billion by 2030, growing at a CAGR of 20.42% in the forecast period (2023-2030).

Who are the key vendors in the Global Cancer Gene Therapy Market?

The global cancer gene therapy market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Cancer Gene Therapy. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions. 'Novartis AG - Switzerland', 'Gilead Sciences, Inc. - United States', 'Bristol-Myers Squibb - United States', 'Pfizer Inc. - United States', 'Merck & Co., Inc. - United States', 'Celgene Corporation - United States', 'Amgen Inc. - United States', 'Johnson & Johnson - United States', 'AstraZeneca - United Kingdom', 'GlaxoSmithKline plc - United Kingdom', 'bluebird bio, Inc. - United States', 'CRISPR Therapeutics AG - Switzerland', 'Editas Medicine, Inc. - United States', 'Intellia Therapeutics, Inc. - United States', 'uniQure N.V. - Netherlands', 'Sarepta Therapeutics, Inc. - United States', 'GenSight Biologics - France', 'Oncorus, Inc. - United States', 'MeiraGTx Holdings plc - United Kingdom', 'Tocagen Inc. - United States'

What is the key driver of Global Cancer Gene Therapy Market?

One driver of the global cancer gene therapy market is the increasing prevalence of cancer worldwide. The rising incidence of various types of cancer has created a significant need for effective treatment options, leading to the development and adoption of gene therapy approaches. Cancer gene therapy offers the potential to target specific genetic alterations or mutations responsible for cancer growth, providing personalized and targeted treatment options. This driver is further supported by advancements in gene editing technologies and increased understanding of cancer genetics.

What is the key market trend for Global Cancer Gene Therapy Market?

One key market trend in the global cancer gene therapy market is the growing focus on personalized and targeted therapies. Cancer gene therapy involves modifying the genes of cancer cells to inhibit their growth or trigger the immune system to attack them. With advancements in genetic sequencing and molecular diagnostics, researchers can identify specific genetic alterations in individual patients' tumors. This knowledge allows for the development of personalized gene therapies tailored to target those specific genetic mutations or pathways. By customizing treatments based on the unique genetic profile of each patient's cancer, personalized gene therapy holds great potential to improve treatment outcomes and minimize side effects, leading to a more effective and precise approach in combating cancer.

Which region accounted for the largest share in Global Cancer Gene Therapy Market?

One dominant region in the global cancer gene therapy market is North America. The region has a strong presence of key market players, advanced healthcare infrastructure, and supportive regulatory frameworks that promote the development and commercialization of gene therapies. North America accounts for a significant share of the global market due to the high prevalence of cancer, a large patient population, and substantial investments in research and development.

Top Cancer Gene Therapy Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Cancer Gene Therapy Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Cancer Gene Therapy industry players.

Cancer Gene Therapy Market Competitive Landscape

The global cancer gene therapy market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Cancer Gene Therapy. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions.

Cancer Gene Therapy Market Top Player’s Company Profiles

Novartis AG - Switzerland

Gilead Sciences, Inc. - United States

Bristol-Myers Squibb - United States

Pfizer Inc. - United States

Merck & Co., Inc. - United States

Celgene Corporation - United States

Amgen Inc. - United States

Johnson & Johnson - United States

AstraZeneca - United Kingdom

GlaxoSmithKline plc - United Kingdom

bluebird bio, Inc. - United States

CRISPR Therapeutics AG - Switzerland

Editas Medicine, Inc. - United States

Intellia Therapeutics, Inc. - United States

uniQure N.V. - Netherlands

Sarepta Therapeutics, Inc. - United States

GenSight Biologics - France

Oncorus, Inc. - United States

MeiraGTx Holdings plc - United Kingdom

Tocagen Inc. - United States

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FAQs

Global Cancer Gene Therapy Market size was valued at USD 4.25 Billion in 2024 and is poised to grow from USD 5.16 Billion in 2025 to USD 24.34 Billion by 2033, growing at a CAGR of 21.4% during the forecast period (2026–2033).

Cancer gene therapy providers should be targeting regions and countries with high incidence of cancer to maximize their business scope. Collaborating and partnering with healthcare providers could also help market players increase their revenue generation potential. Investing in research and development is highly essential for cancer gene therapy types of cancer gene therapy companies in the long run. 'Novartis AG (Switzerland) ', 'Gilead Sciences, Inc. (USA) ', 'Bristol Myers Squibb Company (USA) ', 'CRISPR Therapeutics (Switzerland) ', 'Amgen Inc. (USA) ', 'Merck KGaA (Germany) ', 'Intellia Therapeutics, Inc. (USA) ', 'Adaptimmune Therapeutics (UK) ', 'Autolus Therapeutics (UK) ', 'Sangamo Therapeutics, Inc. (USA) ', 'Vertex Pharmaceuticals (USA) ', 'Abeona Therapeutics Inc. (USA) ', 'Johnson & Johnson (USA) ', 'Pfizer Inc. (USA) ', 'AstraZeneca (UK) ', 'Takeda Pharmaceutical Company Limited (Japan)'

Genetic engineering and genome mapping technologies have a come a long way owing to high investments in gene research initiatives. These advancements from the gene world are now being integrated with oncology research to create novel cancer gene therapies thereby driving market growth as well.

Demand for Combination Therapies: Growing number of cancer patients are opting for combination therapies to improve their chances of survival and get better treatment. Cancer gene therapy providers can focus on the development of new combination therapies to maximize their business scope in the long run.

Lucrative environment offered by public and private institutions in the North American region to advance oncology research is what allows this region to hold a high market share. The United States is projected to remain the top market in this region owing to quick adoption of novel healthcare treatments and presence of a developed healthcare infrastructure. Canada is also an opportune market for cancer gene therapy companies in this region.

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Top Cancer Gene Therapy Companies

Cancer Gene Therapy Market Competitive Landscape

FAQs

What is the global market size of Cancer Gene Therapy Market?

Who are the key vendors in the Cancer Gene Therapy Market?

What is the key driver of Cancer Gene Therapy Market?

What is the key market trend for Cancer Gene Therapy Market?

Which region accounted for the largest share in Cancer Gene Therapy Market?

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