Gene Therapy Companies: 10 Key Facts

Key facts on Gene Therapy Market Infographic by Roots Analysis includes 31000 patents, 30+ mergers in this segment

Gene therapy companies have emerged as the savior in offering sophisticated products to treat patients with defective genes and chronic diseases. There are two types of gene therapies on the basis of targeted gene location: germline gene therapy and somatic gene therapy. These therapies are implemented to treat several diseases, such as hemophilia, Parkinson’s, Alzheimer’s, Cystic fibrosis, cancer, brain tumors, and AIDS. With advances in biotechnology and the involvement of the latest technologies for gene editing services, several gene therapy companies are accelerating clinical trials and research to develop more novel gene therapies and cure patients of diseases. Driven by the above factors, the gene therapy companies market is expected to grow in the future at a steady rate. 

Within the past few decades, the gene therapy companies market has faced several breakthroughs to bring a novel therapeutic approach to treat patients with chronic diseases and infections. To provide advanced treatment regimes, several market players encompass gene tools and therapies to correct the defect and help patients live a quality life. 

For instance, gene therapy has been used to train the immune system to fight against cancer. An approach has been implemented, such as chimeric antigen receptor (CAR-T Cell Therapy), that helps to recognize and target cancerous mutations. The approach uses the patient’s T cells that are genetically altered so they can develop receptors specific to cancer cells. 

Promising results of gene therapy solutions have pushed the gene therapy market to bring more advancement. Driven by the ongoing clinical trials, research, and development of gene therapies, it is expected that the gene therapy market is expected to grow at a CAGR of 18.0% in the future.

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