Kenneth Research published a report titled "Gene Therapy Market: Global Demand Analysis & Opportunity Outlook 2031" which provides a detailed overview of gene therapy in terms of market segmentation by indication, technology, application, end-user and region.
Furthermore, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risks and a detailed discussion of the current and future market trends associated with the growth of the market.

The increasing prevalence of cancer cases and the ethical acceptance of gene therapy for cancer treatment are driving the need for the introduction of gene therapies. For example, according to the World Cancer Research Fund, cancer cases around the world were estimated at 18.1 million in 2020, of which 9.3 million cases were in males and 8.8 million in females. These key factors are driving the growth of the global gene therapy market which is estimated to reach around US$6 billion in revenue by 2031 by growing at a CAGR of almost 34% during the forecast period i.e. 2022 – 2031.

Browse in-depth research report on Gene Therapy Market with detailed charts and figures: https://www.kennethresearch.com/…

The global market is segmented by indications into cancer, metabolic disorders, eye diseases, cardiovascular diseases, and others. Among these segments, the cancer segment is expected to hold the largest market share driven by the increasing prevalence of multiple cancers. For example, according to the World Cancer Research Fund, the most common cancers worldwide are breast and lung cancer, accounting for 12.5% ​​and 12.2%, respectively, of the total number of new cases diagnosed in 2020.

Geographically, the global gene therapy market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these regions, it is estimated that the North America region market holds the largest market share and will witness significant growth during the forecast period. The factors driving the market growth in the region is fast growing cancer cases. For example, according to the Cancer Facts & Figures report, the estimated number of new cancer cases diagnosed in the United States as of 2021 was 1.9 million. Additionally, Asia-Pacific is expected to register the highest CAGR during the forecast period.

The research is global in nature and includes detailed analyzes of the market in North America (USA, Canada), Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia- Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). Furthermore, Analysis of Market Size, YOY Growth and Opportunity Analysis, Competitive Study of Market Players, Investment Opportunities,

Increasing awareness of the benefits of gene therapy compared to traditional therapy to treat various diseases to spur market growth

The increasing awareness of the benefits of gene therapy compared to traditional therapy to treat various diseases is increasing the demand for gene therapy. This is a key factor that is expected to drive the growth of the market over the forecast period. Moreover, government support to boost gene therapy research and increase in funding for R&D activities are expected to further boost the market growth in the coming years.
However, high operational costs associated with gene therapy and adverse immune responses are expected to act as the main brakes on the growth of the global gene therapy market during the forecast period.

This report also includes the existing competitive scenario of some of the major players in the global Gene Therapy Market including company profiling of Kineta, Inc., Novartis AG, Amgen Inc., bluebird bio, Inc., Gilead Sciences, Inc., Orchard Therapeutics plc, SIBIONO, Questex, CRISPR Therapeutics, Editas Medicine and others.

Profiling includes key company information, which includes a business overview, products and services, key financial data, and breaking news and developments. Overall, the report provides a detailed overview of the global Gene Therapy Market that will help industry consultants, device manufacturers, existing players looking for expansion opportunities, new players looking for opportunities, and other stakeholders to align their market-centric strategies with the ongoing and anticipated trends in the to align the future.

Get a sample copy of this report @ https://www.kennethresearch.com/sample-request-10070542

Kenneth Research is a leading provider of strategic market research and consulting services. Our goal is to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives make smart decisions for their future marketing strategy, expansion and investment etc. We believe that any business can expand to its new horizon provided the right guidance is available at the right time through strategic minds. Our out-of-box thinking helps our clients make smart decisions to avoid future uncertainties.

Über Kenneth Research

Kenneth Research ist ein führender Dienstleister für strategische Marktforschung und Beratung. Unser Ziel ist es, unvoreingenommene, beispiellose Markteinblicke und Branchenanalysen bereitzustellen, um Branchen, Konglomeraten und Führungskräften dabei zu helfen, kluge Entscheidungen für ihre zukünftige Marketingstrategie, Expansion und Investition usw. zu treffen. Wir glauben, dass jedes Unternehmen zu seinem neuen Horizont expandieren kann, vorausgesetzt, eine richtige Anleitung zur richtigen Zeit ist durch strategische Köpfe verfügbar. Unser Out-of-Box-Denken hilft unseren Kunden, kluge Entscheidungen zu treffen, um zukünftige Unsicherheiten zu vermeiden.

Firmenkontakt und Herausgeber der Meldung:

Kenneth Research
1412 Broadway, 21 Floor Suite MA111
USA10018 New York
Telefon: +1 (313) 462-0609
http://www.kennethresearch.com

Ansprechpartner:
AJ Daniel
Telefon: +1 (313) 462-0609
E-Mail: sales@kennethresearch.com
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel