123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Gene Therapy Market To Surge $4.6b By 2027: Focus On Cvds And Orphan Diseases – Technavio

Profile Picture
By Author: Ben Gross
Total Articles: 433
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Technavio forecasts significant growth in the global gene therapy market, expecting an increase of USD 4,613.9 million between 2022 and 2027, with a compound annual growth rate (CAGR) of 19.91%. This surge is attributed to heightened research in gene therapy for cardiovascular diseases (CVDs) and orphan diseases. Companies are redirecting their research and development efforts toward gene therapies for CVDs due to their high prevalence in the adult population, especially those over 65. The focus is on developing therapies for immediate treatments, such as MYDICAR, a gene transfer therapy in Phase II development for heart failure.

The market segmentation by therapy areas includes oncology, CNS, ophthalmology, rare diseases, and others, with oncology projected to experience significant growth. The global gene therapy market is geographically divided into North America, Europe, Asia, and the Rest of the World, with North America expected to contribute 39% to the market's growth. The U.S. has become a lucrative market, with increased investments and funding from government agencies driving gene therapy development.

The ...
... vendor landscape is characterized by fragmentation, with several global and regional vendors. Key vendors include Abeona Therapeutics Inc., Amgen Inc., Biogen Inc., Gilead Sciences Inc., and Novartis AG. These companies offer a range of gene therapy solutions, reflecting the industry's diversity.

More Information : https://www.techdogs.com/tech-news/pr-newswire/gene-therapy-market-size-to-grow-by-usd-46139-million-from-2022-to-2027-growing-research-in-gene-therapy-for-cvds-and-orphan-diseases-is-the-major-market-trend-technavio

Total Views: 402Word Count: 209See All articles From Author

Add Comment

General Articles

1. Magento Developers Melbourne: Your Trusted Partner For Magento Web Development
Author: themerchantbuddy

2. How Can E-commerce App Development Help Your Business?
Author: Comfygen

3. The Best Baby Cot Mattress For Summer In Australia: Keep Your Baby Cool And Comfortable !
Author: Milari Organics

4. How Might An Amazon Fba Prep Service Center Help You Streamline Your Business?
Author: 3pshipping6

5. Reviving Artisanal Craftsmanship – Why Handmade Products Matter More Than Ever
Author: Chaitanya Kumari

6. What To Look For In A New York Labor And Employment Law Firm
Author: jewellansing792

7. 50 Years Of Long-lasting Performance
Author: Busch Vacuum Solutions

8. Optimize Healthcare Revenue Cycle: Strategies For Financial Success
Author: Albert brown

9. Offres Exclusives Pour Vos Voyages En Inde Du Nord — Économisez Jusqu’à 30% — Réservez Dès Maintenant!
Author: yatika

10. 200-hour Weekend Yoga Teacher Training Course (yttc) In Bengaluru: A Pathway To Mastery In Yoga
Author: Yogakulam Academy

11. Understanding Patient Behavior: The Importance Of Market Research In Healthcare Marketing
Author: Adomantra

12. Ensuring Safety And Privacy: The Advantages Of Close Protection Services In Dubai
Author: Shancy

13. Thermodynamic Steam Traps: A Compact Solution For Maximum Performance
Author: David John

14. Best Accounting Service In California – Mj Financials
Author: maria jeffery

15. Best Astrologer In Hosahalli
Author: Pandith Keshav Das

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: