Gene Therapy Market By Type (Gene Editing, Gene Replacement Therapy, Gene Silencing Therapy, Gene Immunotherapy, Gene Augmentation Therapy, Others), By Vector Type (Viral Vectors {Adeno-Associated Virus (AAV) Vectors, Lentiviral Vectors, Adenoviral Vectors, Herpes Simplex Virus (HSV) Vectors, Others}, Non-Viral Vectors {Lipid Nanoparticles, Polymers, Others}), By Therapeutic Area (Cardiovascular Disorders, Dermatological Disorders, Genetic Disorders, Hematological Disorders, Metabolic Disorders, Oncological Disorders, Ophthalmic Disorders, Other Disorders), By Delivery Method (In-Vivo, Ex-Vivo), By Route of Administration (Intravenous, Topical, Inhalation, Others), and By End-User (Hospitals, Research Institutions, Pharmaceutical and Biotechnology Companies), Global Market Size, Segmental analysis, Regional Overview, Company Share Analysis, Leading Company Profiles And Market Forecast, 2025 – 2035
Published Date: Nov 2024 | Report ID: MI1244 | 215 Pages
Industry Outlook
The Gene Therapy market accounted for USD 10.8 Billion in 2024 and is expected to reach USD 118.2 Billion by 2035, growing at a CAGR of around 24.3% between 2025 and 2035. Gene therapy is a specialized area of personalized medicine that seeks to treat genetic problems by supplementing, replacing, or changing the patient's genes. It seems to fix or provide a substitute for abnormal genes that lead to disease, often offering permanent or semipermanent treatment. There is potential for its use in any number of afflictions, including various hereditary disorders and some types of cancers and viruses. The gene therapy market encompasses medicines in development, clinical trials, and currently existing treatments, technology, tools, and services needed for gene editing and delivery systems. Bioinformatics is an emerging field with significant applied capital and investment focus owing to advancements in molecular biology and genetic engineering.
Report Scope:
Parameter | Details |
---|---|
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2024 |
Market Size in 2024 | USD 10.8 Billion |
CAGR (2025-2035) | 24.3% |
Forecast Years | 2025-2035 |
Historical Data | 2018-2024 |
Market Size in 2035 | USD 118.2 Billion |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa |
What We Cover | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and over 10 companies |
Segments Covered | Type, Vector Type, Therapeutic Area, Delivery Method, Route of Administration, End-User, and Region |
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Market Dynamics
Increased investment in biotechnology accelerates gene therapy development and innovation
Increased investment in biotechnology is a key driver for accelerating gene therapy development and innovation. This increase in funding is driving growth in technologies like CRISPR to create ever more targeted and helpful remedies for genetic diseases. This is because other key players, such as research institutions, biotech companies, and governments, are working together in efforts aimed at trying to counter existing obstacles affecting safety, efficacy, and costs. Furthermore, as hereditary illnesses emerge and the population ages, the demand for personalized therapy grows. To boost innovation, regulatory bodies are moving quickly to greenlight gene therapies. Harvard University has confirmed that multi-disciplinary research is key to developing gene therapies. The National Institutes of Health reported in a 2023 study that funding for gene therapy research had surged by 25% every year, with over $2 billion spent on gene-editing initiatives in the previous year. This type of financing promotes scientific research and increases the availability of gene treatments to patients worldwide.
Improved delivery methods enhance the safety and efficacy of gene therapies
The gene therapy market is driven by the development of new gene therapy vectors, increased research in genetic sciences, and the prevalence of genetic diseases. Underlying approaches have increased transport capacity by utilizing viral vector and nanoparticle systems, hence strengthening gene therapy applications in several illnesses. The introduction of genomics' ever-changing concepts, including CRISPR and other forms of gene editing, has accelerated advances in gene therapy. Furthermore, public support with agencies such as the FDA releasing more specific approval guidelines has accelerated the commercialization of gene treatments. The growing demand for humanized medicine with outcomes from crucial clinical trials has boosted investor confidence. The industry is expanding as a result of collaboration among biotechnology companies, academic institutions, and healthcare organizations. The growing patient population is the primary driver of this industry, as gene therapy costs continue to fall and treatments become more accessible to patients. Increased interest in uncommon and orphan diseases creates new opportunities for gene treatments. Developing manufacturing technologies provides the necessary mechanisms for the commercial production of gene therapies, which are then applied.
Ethical concerns surrounding gene editing hinder widespread acceptance and adoption
The rejection of the gene therapy market can be attributed to ethical considerations. Important subjects include worries about CRISPR technological aspects, like off-target effects that have long-term health consequences. Some concerns are about the equality and viability of gene therapies, the high cost of those treatments, and unequal access to them across different population strata. The ethical debate about the prospect of developing so-called 'designer babies' or participating in genetic alteration rather than treatment is of particular relevance in the context of mass hysteria around GDD. Furthermore, the lack of clear best practices for carrying out gene-editing operations and the legal frameworks create market ambiguity. Such fears, with the various long-term clinical follow-up challenges over a patient’s life cycle, are what make many healthcare providers and patients tentative. As a result, although being imposed, acceptability remains low, allowing for the continuation of medical discoveries.
Strategic partnerships and collaborations accelerate gene therapy development timelines
This study demonstrates how smart partnerships and collaborations can significantly advance gene therapy by providing solutions to mitigate severe hurdles in the specialized sector. Administrations can effectively employ collaborative networks to combine resources, knowledge, and technology, potentially reduce development time, enhance clinical trials, and govern bureaucratic problems. Large companies working in biotechnology, pharmaceuticals, and universities come together to speed up the identification and development of gene therapies. Another major problem of production and scalability is addressed by forming alliances with CMOs and other stakeholders. Alliances help to reduce risk and, more crucially, to raise funding, which is critical in gene therapy because it is capital-intensive. Because gene treatments have proven successful in the form of hereditary diseases, firms need to forge more partnerships to capture the new market, cut costs, and deliver new cures to patients faster. Molecular alliances foster market competition and solution tiny gene-culture platforms, posing a challenge to the creation of more generic gene therapies.
Gene therapies in regenerative medicine could revolutionize tissue and organ repair
Gene therapy in the regenerative medicine niche focuses on the potential of genetic changes to address issues that are at the root of diseases or to assist in repairing tissues that have been destroyed. The possibility of mending and replacing damaged cells is now on the horizon, and it has the potential to redefine a wide range of diseases, congenital disorders, cardiac illnesses, and neurological conditions. It has the added advantage of providing more lasting, and potentially definitive, treatments, which will diminish recourse to transplants or long-term treatments. Moreover, new developments in gene delivery systems and tissue engineering make these treatments more accurate and effective. Increasing trends in customized treatment and a global preference for minimal interventions are driving expansion in the gene therapy market, which is expanding at the public and private levels. With a changing regulatory landscape and proven successful clinical trials, gene therapy is expected to become a core model of regenerative medicine, potentially creating a multi-billion-dollar market.
Industry Experts Opinion
“The ability to precisely edit the genome opens the door to treating diseases at their genetic roots, but it will require sustained investment and research to realize its full potential, focusing on the application of CRISPR in gene therapy”
- Jennifer Doudna, co-discoverer of CRISPR gene-editing technology.
Segment Analysis
Based on the type, the Gene Therapy Market is classified into Gene Editing, Gene Replacement Therapy, Gene Silencing Therapy, Gene Immunotherapy, Gene Augmentation Therapy, and Others. Gene editing is the most important and representative segment in the gene therapy market. This approach makes it possible to make small changes to the genome to correct the mutations that took place at the DNA level. It has a promising future as a therapy for several inherited genetic diseases, cancers, and other illnesses. Gene editing has emerged as the undisputed leader in gene therapy research, financing, and trial activities, due to ongoing advancements in CRISPR technology and an expanding range of therapeutic applications.
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Based on the vector type, the Gene Therapy Market is classified into Viral Vectors and Non-Viral Vectors. In the gene therapy market, viral vectors are the largest and have substantial global importance. Due to their transduction capacities, adeno-associated viruses (AAV), lentiviruses, and adenoviruses are examples of merged viral vectors. Viruses can integrate into host genomes or be conjugated transiently to express genes, making them valuable in the therapy of a wide range of genetic conditions. Despite the hazards that they represent to patients, the success of clinical trials in inherited disorders and cancer therapies maintains their position as the leading technology in gene therapy applications, driving market growth.
Regional Analysis
The North American gene therapy market is expanding owing to constant progress in all fields related to biotechnology and R&D investment. The United States has an advantage over the others, thanks to its well-developed health sector, proper policies, and adequate funding for genetic research. Added to this are increased incidences of genetic diseases, cancer, and other rare diseases, which have in turn created market demand for new treatments. Businesses are establishing gene-editing technologies such as CRISPR-Cas9 and conducting trials for innovative medicines. Organizations such as the Food and Drug Administration have been streamlining approval procedures to ensure that gene therapies come to market at a faster rate. This has encouraged partnerships among biotech firms, academic institutions, and government agencies that can create a vibrant environment for the production of gene therapy in the area.
The Asia-Pacific gene therapy market is progressively growing thanks to growing healthcare spending, expanding genetic disorder incidence, and the development of novel genome editing tools such as CRISPR. These include China, Japan, and India. China leads due to the rapid adoption of biotechnology and favorable government policies. It is aided by a large patient population for inherited diseases, cancer, and uncommon genetic activity. However, challenges such as high treatment costs, policy barriers, and a lack of facilities in certain nations may hinder the system's progress. Strategic partnerships with local businesses and international biotech companies are driving the gene therapy market forward faster. The market is expected to grow even more as the general public becomes more informed and the laws governing the industry become increasingly favorable.
Competitive Landscape
Novartis, Spark Therapeutics (Roche), Bluebird Bio, Gilead Sciences, and CRISPR Therapeutics are the current market leaders in developing novel gene therapies. Novartis obtained clearance for Zolgensma, a gene therapy for spinal muscular atrophy that, like Bluebird Bio's Zynteglo for beta-thalassemia, will revolutionize the market. CRISPR and Intellia Therapeutics are pioneers in CRISPR/Cas9 technology and are developing promising initiatives such as CTX001 for sickle cell disease. UniQure's Hemgenix and Spark's Luxturna for inherited retinal disorders. The use of gene therapy, improved gene delivery technologies, a developing CRISPR sector, and new clinical trial results have catapulted these companies to the forefront of changing treatment approaches to genetic illnesses.
Gene Therapy Market, Company Shares Analysis, 2024
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Recent Developments:
- In December 2023, the Swiss Agency for Therapeutic Products approved Libmeldy for the treatment of early-onset metachromatic leukodystrophy.
- In January 2023, Voyager Therapeutics and Neurocrine Biosciences signed a strategic agreement to commercialize and develop Voyager's GBA1 program as well as other next-generation gene treatments for neurological illnesses.
- In January 2023, Spark Therapeutics and Neurochase announced a strategic agreement to develop Neurochase's unique delivery technology for use with chosen gene therapy for rare CNS illnesses. In this arrangement, Neurochase will bring its substantial experience of direct drug delivery technology to Spark's leading AAV platform.
Report Coverage:
By Type
- Gene Editing
- Gene Replacement Therapy
- Gene Silencing Therapy
- Gene Immunotherapy
- Gene Augmentation Therapy
- Others
By Vector Type
- Viral Vectors
- Adeno-Associated Virus (AAV) Vectors
- Lentiviral Vectors
- Adenoviral Vectors
- Herpes Simplex Virus (HSV) Vectors
- Others
- Non-Viral Vectors
- Lipid Nanoparticles
- Polymers
- Others
By Therapeutic Area
- Cardiovascular Disorders
- Dermatological Disorders
- Genetic Disorders
- Hematological Disorders
- Metabolic Disorders
- Oncological Disorders
- Ophthalmic Disorders
- Other Disorders
By Delivery Method
- In-Vivo
- Ex-Vivo
By Route of Administration
- Intravenous
- Topical
- Inhalation
- Others
By End-User
- Hospitals
- Research Institutions
- Pharmaceutical and Biotechnology Companies
By Region
North America
- U.S.
- Canada
Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East & Africa
List of Companies:
- Spark Therapeutics
- Novartis
- Bluebird Bio
- Gilead Sciences
- Biogen
- Editas Medicine
- Intellia Therapeutics
- CRISPR Therapeutics
- Amgen
- Regeneron Pharmaceuticals
- UniQure
- Sarepta Therapeutics
- Voyager Therapeutics
- Orchard Therapeutics
- Pfizer
Frequently Asked Questions (FAQs)
The Gene Therapy market accounted for USD 10.8 Billion in 2024 and is expected to reach USD 118.2 Billion by 2035, growing at a CAGR of around 24.3% between 2025 and 2035.
Key growth opportunities in the Gene Therapy market include leveraging digital transformation, such as strategic partnerships and collaborations to accelerate gene therapy development timelines, new gene therapies for rare diseases offer untapped market opportunities, and gene therapies in regenerative medicine could revolutionize tissue and organ repair.
Type is currently leading in the Gene Therapy Market due to Gene editing. This is dominant in the market because it allows precise modifications to DNA, enabling targeted correction of genetic mutations that cause diseases. Technologies like CRISPR-Cas9 have revolutionized the field, offering efficient, scalable, and potentially permanent treatments for a variety of genetic disorders. Its ability to directly alter genes with high accuracy makes it a cornerstone of modern gene therapy.
North America is expected to remain the dominant region due to its strong healthcare infrastructure, significant investments in biotechnology, and a robust regulatory environment that supports innovation. The U.S. in particular has been a global hub for gene therapy research, with numerous biotech companies and academic institutions driving breakthroughs, as well as favorable policies from regulatory bodies like the FDA for expedited approval of gene therapies.
Asia Pacific is the fastest-growing region due to increasing healthcare investments, expanding biotech sectors, and rising prevalence of genetic disorders. Countries like China and India are accelerating clinical trials and gene therapy research, supported by growing patient populations and improving regulatory frameworks, creating a conducive environment for market growth.
Key operating players in the Gene Therapy market are Spark Therapeutics, Novartis, Bluebird Bio, Gilead Sciences, Biogen, Editas Medicine, Intellia Therapeutics, CRISPR Therapeutics, Amgen, and Regeneron Pharmaceuticals. These companies are dominant in the market due to their strong pipelines, cutting-edge technology platforms, and strategic partnerships that enable them to develop and commercialize innovative therapies. Their leadership is also driven by substantial investments in research and development, as well as clinical successes in treating rare genetic disorders, leveraging gene-editing technologies like CRISPR and viral vector-based delivery systems.
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