The cancer gene therapy market size has the potential to grow by USD 2.96 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 20.13%.
This report provides a detailed analysis of the market by therapy (oncolytic virotherapy, gene transfer, and gene-induced immunotherapy), geography (North America, Europe, Asia, and ROW), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Adaptimmune Therapeutics plc
- Advantagene Inc.
- Amgen Inc.
- Anchiano Therapeutics Ltd.
- bluebird bio Inc.
- GlaxoSmithKline Plc
- Merck KGaA
- Shanghai Sunway Biotech Co. Ltd.
- Sibiono GeneTech Co. Ltd. Shenzhen (Sibiono)
- ZIOPHARM Oncology Inc.
The cancer gene therapy market is fragmented and the vendors are deploying growth strategies such as R&D to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the side effects of traditional cancer treatments to achieve growth opportunities. However, factors such as the high cost of gene therapy treatment will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the cancer gene therapy market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This cancer gene therapy market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
Cancer Gene Therapy Market: Key Drivers and Trends
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Cancer Gene Therapy Market: Segmentation by Geography
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51% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for cancer gene therapy in North America. Market growth in this region will be slower than the growth of the market in Asia and ROW.
The huge investment in the R&D activities for the healthcare segment to curb the rising number of cancer-related deaths is one of the prime factors that will facilitate the cancer gene therapy market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Cancer Gene Therapy Market: Segmentation by Therapy
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The oncolytic virotherapy is the primarily preferred treatment. This therapy involved the use of anticancer cells that destroy the cancer cells without harming the normal cells. Residual tumor cells are killed by anti-tumor immune response through this therapy. Hence the market segment will exhibit a fast growth rate during the forecast period.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the cancer gene therapy market size.
Cancer Gene Therapy Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive cancer gene therapy market growth during the next five years
- Precise estimation of the cancer gene therapy market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cancer gene therapy industry across North America, Europe, Asia, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cancer gene therapy market vendors
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