Gene Therapy Market Size, Share, and Growth Analysis

Global Gene Therapy Market

Gene Therapy Market By Gene Type (Antigen, Cytokine), By Therapy type (Gene silencing therapy, Cell replacement therapy), By Vector type, By Delivery Method, By Route Of Administration, By Application, By End-user, By Region - Industry Forecast 2025-2032


Report ID: SQMIG35H2218 | Region: Global | Published Date: May, 2025
Pages: 194 |Tables: 208 |Figures: 80

Format - word format excel data power point presentation

Gene Therapy Market Insights

Global Gene Therapy Market size was valued at USD 6.5 billion in 2023 and is poised to grow from USD 7.74 billion in 2024 to USD 31.34 billion by 2032, growing at a CAGR of 19.1% during the forecast period (2025-2032).

The market for gene therapy is experiencing strong growth propelled by a combination of scientific breakthroughs and escalating cases of genetic disorders. The key drivers are escalating incidence of uncommon and long-term illnesses like hemophilia, cystic fibrosis, and specific cancers, which are being targeted with gene-based treatments with escalating intensity. In addition, advances in technology such as CRISPR-Cas9 and adeno-associated virus (AAV) vectors have notably enhanced the accuracy, safety, and effectiveness of gene delivery and editing systems. Commercial viability has also been underlined by the regulatory approvals of headline gene therapies Zolgensma and Luxturna, further stimulating research and investment in the space.

On the constraint side, several key challenges confront the gene therapy market and may deter its wider uptake. Foremost among them are the hefty treatment costs, which are usually more than hundreds of thousands to millions of dollars per individual and thus become out of reach for many and put a strain on healthcare systems. Also, the production of viral vectors at large scale continues to be tricky and expensive, which creates supply chain bottlenecks. Safety issues like immune reactions, off-target actions, and durability of the therapy over long periods are also critical considerations, especially in early phases of clinical trials. Regulatory challenges and reimbursement issues make market entry even more challenging, particularly in developing economies.

All these limitations notwithstanding, the gene therapy market is likely to change fast, with clinical trials in progress and collaborations between biotech companies and pharma majors speeding up product development. Growing use of AI in genomics and drug discovery is expected to maximize therapeutic design and patient targeting. Governments and venture capitalists alike are also accelerating funding efforts, appreciating the long-term potential of gene therapy in reshaping disease treatment models. With scientific and economic hurdles eventually fading away, the market is expected to see continuous growth over the next few years.

How is Artificial Intelligence Reshaping the Gene Therapys Landscape?

Artificial Intelligence (AI) is transforming the gene therapy industry by increasing accuracy, speeding up development, and refining manufacturing efficiency. AI programs scan immense genomic data sets to determine best-gene targets, forecast treatment effects, and engineer customized therapies. In production, AI ensures real-time monitoring and control of cell cultures, guaranteeing consistent quality and compressing production cycles. These innovations are overcoming classic gene therapy challenges, including high expense and intricate manufacturing procedures, thus making therapies more available and efficient.

AI's contribution is the creation of a customized CRISPR-based treatment for KJ Muldoon, an infant with a rare genetic disease, CPS1 deficiency. In 2024, a team of researchers used AI-powered tools to quickly pinpoint KJ's individualized genetic mutations and engineer a personalized base-editing treatment. The therapy, created and greenlighted in record speed, has produced encouraging results, as KJ attained developmental milestones and enjoyed enhanced health results. The case highlights the capability of AI to increase efficiency in producing personalized gene therapies at a faster rate, providing hope to individuals suffering from rare and heretofore incurable diseases.

Market snapshot - 2025-2032

Global Market Size

USD 6.5 billion

Largest Segment

Oncological Disorders

Fastest Growth

Oncological Disorders

Growth Rate

19.1% CAGR

Global Gene Therapy Market ($ Bn)
Country Share for North America Region (%)

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Gene Therapy Market Segments Analysis

The global gene therapy market is segmented by Gene Type, Therapy type, Vector type, Delivery Method, Route Of Administration, Application, End-user and region. Based on Gene Type, the market is segmented into Antigen, Cytokine, Tumor Suppressor, Suicide, Deficiency, Receptors and Others. Based on Therapy type, the market is segmented into Gene silencing therapy, Cell replacement therapy, Gene augmentation therapy and Other therapies. Based on Vector type, the market is segmented into Viral vector and Non-Viral Vector. Based on Delivery Method, the market is segmented into Ex-Vivo and In-Vivo. Based on Route Of Administration, the market is segmented into Intravenous Route, Subcutaneous Route and Others. Based on Application, the market is segmented into Oncological Disorders, Rare Diseases, Cardiovascular Diseases, Neurological Disorders, Infectious Disease and Other Diseases. Based on End-user, the market is segmented into Cancer Institutes, Hospitals, Research institutes and Others. Based on region, the gene therapy market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Why Oncological disorders and rare diseases growth diseases of in the Gene Therapy Market?

​Oncological disorders lead the gene therapy market owing to the growing global cancer burden—20 million new cases and 9.7 million deaths in 2022 and estimated to increase by 77% through 2050. Governments across the globe are investing in gene therapies, of which more than 60% of clinical trials aim against cancer. Specifically, China approved the first oncolytic virus gene therapy for cancer treatment in 2005, a landmark event. These efforts reflect the high priority that is being given to gene therapy to combat cancer across the world. Rare diseases are the most rapidly expanding segment in the gene therapy market due to global government policies and the growth in personalized medicine. An estimated 400 million individuals globally suffer from more than 7,000 rare diseases, 72% of which are genetically caused. Government initiatives such as the U.S. NIH's Bespoke Gene Therapy Consortium seek to speed the development of gene therapies for rare disorders. One such example is the successful CRISPR-based therapy of an infant suffering from CPS1 deficiency, designed in only six months in collaboration between Penn Medicine and the Children's Hospital of Philadelphia and funded by the NIH.

Why Adeno-associated virus (AAV) vectors Dominate Supreme and Gene augmentation therapy is the Fastest Growing Gene Therapy Market?

Adeno-associated virus (AAV) vectors are the leaders in the gene therapy market with their better safety profile, tissue specificity, and extended gene expression. In 2022, the AAV segment was the leader in the global viral vector market with USD 1.47 billion revenues and is expected to witness growth at a CAGR of 14.80% during 2030 .

Government initiatives have played a crucial role; the U.S. FDA approved AAV-based medicines such as Zolgensma for spinal muscular atrophy and Hemgenix for hemophilia B, supporting regulatory confidence in the efficacy and safety of AAV. Gene augmentation therapy represents the fastest-growing sector of the gene therapy industry, fueled by its effectiveness in the treatment of monogenic diseases and backed by heavy government efforts. As an example, the expanded approval of Sarepta Therapeutics' Elevidys by the U.S. FDA for Duchenne muscular dystrophy now encompasses about 90% of U.S. patients, with estimated sales reaching $1.07 billion in 2024.

Global Gene Therapy Market Analysis by Application

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Gene Therapy Market Regional Insights

Why North America is Dominating Gene Therapy Market?

North America is dominating the world market for gene therapy with around 48% global clinical trials and 48.32% of revenue share in 2023. This dominance is due to a strong regulatory environment, ample government spending, and sophisticated healthcare infrastructure.

U.S. Gene Therapy Market

The U.S. Food and Drug Administration (FDA) approved several gene therapies, such as Luxturna, Zolgensma, & Casgevy, promoting commercialization and acceptance. The U.S. had more than 65% of international gene therapy clinical trials in 2023 with National Institutes of Health (NIH) and private investment of more than USD 10 billion​.

Canada Gene Therapy Market

Canada is becoming an important force in the gene therapy space, with prominent contributions from players such as Acuitas Therapeutics. Acuitas has expertise in lipid nanoparticle (LNP) technology, which is important for delivering mRNA vaccines, and has collaborated with multinational companies like Pfizer & BioNTech. The Canadian government has spent around CAD 2.2 billion between 2020 and 2024 to enhance local biomanufacturing and life sciences capacity

Why Asia Pacific Leading Gene Therapy Market in 2024?

Asia Pacific is becoming the fastest-growing region in the gene therapy market, with a forecast compound annual growth rate (CAGR) of 10.4% from 2024 to 2030. The high growth is fueled by a high incidence of genetic diseases, growing government support, and increasing research infrastructure.

China Gene Therapy Market

China is a leader in gene therapy, with more than 50% of worldwide cell therapy trials. Fosun Kite's Yescarta and JW Therapeutics' Relma-cel received the approval of the National Medical Products Administration (NMPA) in 2021, which were major achievements. The regulatory reforms initiated by the government and reduced production expenses have welcomed multinational corporations to the country.

Japan Gene Therapy Market

Japan has been at the forefront of cell and gene therapies, with its first cell therapy for macular degeneration approved in 2014. The Pharmaceuticals and Medical Devices Agency (PMDA) uses the Sakigake designation for fast-track review of innovative treatments. The government of Japan has also set up a council to hasten regenerative medicine and gene therapy development.

South Korea Gene Therapy Market

South Korea has the highest approved cell therapy product portfolio in the world with 18 products. The government enacted the "Act on the Safety and Support of Advanced Regenerative Medical and Advanced Gene Therapys" in 2019 to permit conditional drug approval after phase two trials. This law seeks to promote market access of gene therapies.

How is Europe Sustaining its Steady Growth in Gene Therapy Industry?

Europe is also witnessing high growth in the gene therapy market with a forecasted CAGR of 25.87% during the forecast period. The region's advancement is supported by efforts such as the European Union's 'Horizon Europe Mission on Cancer,' initiated in September 2023, to hasten research and innovation in cancer medicines.

Germany Gene Therapy Market

Germany dominates the European gene therapy market, with a market share of more than 21% in 2023. Germany has over 660 biotechnology companies and over 50 ongoing gene therapy clinical trials. Government-supported programs such as NecstGen and significant public and private funding are driving research and development on gene-based drugs.

France Gene Therapy Market

France is proactively moving forward with gene therapy in partnership with research centers and pharma industries. The government programs promote innovation, helping the country make its place in the market for gene therapy.

UK Gene Therapy Market

The UK is a prominent hub for gene therapy, with 84 drugs in clinical development as of October 2023. The National Health Service (NHS) has integrated cutting-edge therapies, including CRISPR-based treatments for sickle cell disease. BioNTech's £1 billion investment in UK R&D, supported by a £129 million government grant, underscores the nation's commitment to advancing personalized medicine.

Global Gene Therapy Market By Geography
  • Largest
  • Fastest

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Gene Therapy Market Dynamics

Gene Therapy Market Drivers

CRISPR-Cas9 Propelling Market Growth

  • The burgeoning global gene therapy industry is propelled by rapid advancements in gene editing technologies such as CRISPR-Cas9. By improving the accuracy, efficacy and safety of genetic manipulation, these state-of-the-art technologies have expedited clinical development steps and increased the number of options available for patients. In addition, vector-based approaches alongside better delivery systems are aiding this growth. 

Rising Prevalence of Genetic Disorders

  • Infectious diseases which are rare and genetic deformities are one key factor fueling the global gene therapy market. As levels of awareness and diagnostic abilities go up, the demand for new medication increases. The industry’s prosperity and research investment is spurred by the hope of gene therapy to cure once incurable conditions.

Gene Therapy Market Restraints

Ethical and Safety Concerns

  • The expansion of the global gene therapy industry may be hampered by several issues such as long-term hazards, off-target consequences and other ethical and safety concerns. New therapies may not gain traction among the public or regulators and could hinder investment as well as market growth due to fears about genetic engineering. 

Limited Reimbursement Policies

  • There are considerable payment systems as well as their limitations and unevenness which hinder gene therapies. To patients, the cost and accessibility of many gene therapies are expensive with no complete coverage from either health systems or insurance companies. This uncertainty in reimbursement can dissuade investments and inhibit market uptake.

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Gene Therapy Market Competitive Landscape

The competitive dynamics of the global gene therapy market are controlled by major players such as Novartis, Gilead Sciences, and Pfizer, with strategic partnerships and product innovation. Governments across the world are nurturing this through financial support and regulatory ease, and the European Commission's Horizon Europe program had earmarked €95.5 billion (2021-2027) to enhance biotech inventions, including gene therapies. In contrast, Canada's Strategic Innovation Fund released CAD 250 million in 2023 for the expansion of biotech manufacturing. Firms use collaborations, mergers, and R&D expenditure to accelerate pipeline advancement and market access in concordance with facilitative governments having streamlined clinical trials and approvals worldwide.

Top Player’s Company Profiles

  • Krystal Biotech (United States)
  • CRISPR Therapeutics (Switzerland)
  • Beam Therapeutics (United States)
  • Intellia Therapeutics (United States)
  • Korro Bio (United States)
  • Neurogene (United States)
  • Sangamo Therapeutics (United States)
  • MeiraGTx (United States)
  • Verve Therapeutics (United States)
  • Prime Medicine (United States)
  • Taysha Gene Therapies (United States)
  • enGene (Canada)
  • Voyager Therapeutics (United States)
  • Poseida Therapeutics (United States)
  • uniQure (Netherlands)
  • Editas Medicine (United States)
  • Benitec Biopharma (United States)
  • Cellectis S.A. (France)
  • Adverum Biotechnologies (United States)
  • Generation Bio (United States)

Recent Developments in Gene Therapy Market

  • The U.S. Food and Drug Administration (FDA) approved Casgevy (exagamglogene autotemcel) in December 2023 for sickle cell disease and in January 2024 for transfusion-dependent beta-thalassemia. This marks the first gene-editing therapy using CRISPR/Cas9 technology approved by the FDA.
  • In November 2024, the FDA approved Kebilidi (eladocagene exuparvovec) for treating aromatic L-amino acid decarboxylase (AADC) deficiency, a rare neurodevelopmental disorder. This approval represents the first gene therapy for AADC deficiency in the United States.
  • In November 2024, the FDA approved Aucatzyl (obecabtagene autoleucel) for adults with relapsed or refractory B-cell acute lymphoblastic leukemia (B-ALL). This approval highlights the FDA's commitment to advancing gene therapies for hematologic malignancies.

Gene Therapy Key Market Trends

Gene Therapy Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, strong government funding, accelerated regulatory approvals, and advancements in precision medicine are expected to drive the gene therapy market growth through 2032. However, drawbacks such as high production costs and advanced delivery mechanisms may restrain market growth. North America remains in the leading position with strong NIH investments, FDA approvals of innovative gene therapies, and a well-established clinical trial network. Meanwhile, fresh hotspots in Asia Pacific and Europe are developing robustly due to favorable policies, increased investments in biomanufacturing, and welcoming regulatory reforms. AI-AI convergence, CRISPR technologies, and scalable manufacturing solutions will create new growth prospects for industry players globally.

Report Metric Details
Market size value in 2023 USD 6.5 billion
Market size value in 2032 USD 31.34 billion
Growth Rate 19.1%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Gene Type
    • Antigen
    • Cytokine
    • Tumor Suppressor
    • Suicide
    • Deficiency
    • Receptors
    • Others
  • Therapy type
    • Gene silencing therapy
    • Cell replacement therapy
    • Gene augmentation therapy
    • Other therapies
  • Vector type
    • Viral vector (Retroviral vectors
    • AAV Vectors
    • Others)
    • Non-Viral Vector (Oligonucleotide Vectors
    • Others)
  • Delivery Method
    • Ex-Vivo
    • In-Vivo
  • Route Of Administration
    • Intravenous Route
    • Subcutaneous Route
    • Others
  • Application
    • Oncological Disorders
    • Rare Diseases
    • Cardiovascular Diseases
    • Neurological Disorders
    • Infectious Disease
    • Other Diseases
  • End-user
    • Cancer Institutes
    • Hospitals
    • Research institutes
    • Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Krystal Biotech (United States)
  • CRISPR Therapeutics (Switzerland)
  • Beam Therapeutics (United States)
  • Intellia Therapeutics (United States)
  • Korro Bio (United States)
  • Neurogene (United States)
  • Sangamo Therapeutics (United States)
  • MeiraGTx (United States)
  • Verve Therapeutics (United States)
  • Prime Medicine (United States)
  • Taysha Gene Therapies (United States)
  • enGene (Canada)
  • Voyager Therapeutics (United States)
  • Poseida Therapeutics (United States)
  • uniQure (Netherlands)
  • Editas Medicine (United States)
  • Benitec Biopharma (United States)
  • Cellectis S.A. (France)
  • Adverum Biotechnologies (United States)
  • Generation Bio (United States)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Gene Therapy Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Gene Therapy Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Gene Therapy Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Gene Therapy Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Gene Therapy Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Gene Therapy Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Gene Therapy Market size was valued at USD 6.5 billion in 2023 and is poised to grow from USD 7.74 billion in 2024 to USD 31.34 billion by 2032, growing at a CAGR of 19.1% during the forecast period (2025-2032).

Krystal Biotech (United States), CRISPR Therapeutics (Switzerland), Beam Therapeutics (United States), Intellia Therapeutics (United States), Korro Bio (United States), Neurogene (United States), Sangamo Therapeutics (United States), MeiraGTx (United States), Verve Therapeutics (United States), Prime Medicine (United States), Taysha Gene Therapies (United States), enGene (Canada), Voyager Therapeutics (United States), Poseida Therapeutics (United States), uniQure (Netherlands), Editas Medicine (United States), Benitec Biopharma (United States), Cellectis S.A. (France), Adverum Biotechnologies (United States), Generation Bio (United States)

The burgeoning global gene therapy industry is propelled by rapid advancements in gene editing technologies such as CRISPR-Cas9. By improving the accuracy, efficacy and safety of genetic manipulation, these state-of-the-art technologies have expedited clinical development steps and increased the number of options available for patients. In addition, vector-based approaches alongside better delivery systems are aiding this growth.

North America is dominating the world market for gene therapy with around 48% global clinical trials and 48.32% of revenue share in 2023. This dominance is due to a strong regulatory environment, ample government spending, and sophisticated healthcare infrastructure.

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