Gene Therapy Market Driven by Growing Emphasis on Successful Cure of Lethal Disorders


Published on : Nov 29, 2018

Albany, New York, November 29, 2018: Genetic disorders and lethal diseases such as AIDS, cancer, heart diseases and cystic fibrosis have been plaguing people for a long time. The demand for gene therapy got the push ever since an HIV infected person was cured by a cell transplant from a donor, a decade ago. Unlike other therapeutic treatment, genetic therapy completely cures patients affected with disorders; thereby it has propelled the market. Moreover, cut-throat competition among renown biopharmaceutical companies in a bid to commercialize, approve therapy products and reap benefits, are set to propel the gene therapy market during the assessment period. These assimilations are according to the report titled, “Gene Therapy Market—Global Industry Analysis, Size, Share, Growths, Trends, and Forecast 2018-2026,” which has been recently added to the repository of Market Research Hub (MRH). Gene therapy market is set to be bolstered by the growing emphasis on complete cure.

Nevertheless, pervasive cases of cancers for which total cure has not been developed has augmented the gene therapy market. On the other hand, the market has been spurred by notable investments in research and development by governments, biopharmaceutical companies and research institutes.

Owing to swelling of the gene therapy treatment centers, the market presents a viable opportunity for the prominent players in gene therapy. Furthermore, soaring cases of non-Hodgkin lymphoma is further estimated to boost the gene therapy market.

Gene Therapy Market: Report Content

The report provides a thorough analysis on the gene therapy market. Further, report delves into the drivers triggering the growth of gene therapy market along with restraints challenging the market. Besides, the report assesses opportunities and trends in the market.

The report segments the market on the basis of product, application and region. By product the market is segmented into Yescarta, Kymriah, Luxturna, Strimevelis and Gendicine. On the basis of application, the market is fragmented into Ophthalmology, Oncology and Andenosine Deaminase. Regionally, the market covers the U.S., Europe and Rest of the World. The report also delves into major players in the market: Novartis AG, Gilead Science, Sibiona GeneTech Co., to name a few.

The report starts with the market definition followed by the assumption and research methodology. The report gives an in-depth view on the clinical trial pipeline. In addition, a comprehensive qualitative analysis of factors responsible for the growth of the market has been provided.

Gene Therapy Market: Research Methodology

An exhaustive research methodology has been embraced with regards to providing a research approach incorporating of secondary and primary research. The insights in the report is the result of an in-depth secondary research, primary interviews and in-house reviews by panel of experts. One of the unique features of this report is that analysis has been done on the basis of absolute dollar opportunity which is often shunned while projecting the market. Data triangulation has been prepared on the basis of secondary and primary research.

The secondary research embodies company websites, SEC filings and presentations by investors, industry white paper and statistical database. The primary research embodies face to face interviews, phonic interviews and e-mail interaction. To furnish the readers with an unbiased report, a panel of expert analyzes the data collected from various sources.

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