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Gene Therapy Cell Culture Market size was valued at USD 140 Million in 2021, growing at a CAGR of 11.2% from 2022 to 2032: Evolve Business Intelligence

The global Gene Therapy Cell Culture market size was valued at USD 140 Million in 2021 growing at the CAGR of 11.2% from 2022 to 2032. Gene therapies are treatments that can be used to treat a broad range of diseases by targeting the root cause of the diseases instead of just relieving the symptoms. They may be effective on a wide range of previously untreated diseases, such as hematological, ocular, neurodegenerative diseases, and several cancers. Gene therapy cell culture media consists of important nutrients that provide ample energy to regulate healthy cell growth and development.

  • The rise in R&D investments
  • The growth in awareness regarding gene therapy
  • Increase in government support
  • Ethical acceptance of gene therapy for cancer treatment

The major factor driving the growth of the Gene Therapy Cell Culture market is the ethical acceptance of gene therapy for cancer treatment. In recent years, gene therapy has shown great promise in the treatment of cancer, and this has led to a growing acceptance of the therapy among the medical community. This is especially true in the case of cancer, where gene therapy has the potential to greatly improve the quality of life for patients. As more and more doctors and ethicists come to see the potential of gene therapy, the market for cell culture products will continue to grow.

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Key Highlights:

  • The global Gene Therapy Cell Culture market size was valued at USD 140 Million in 2021 growing at the CAGR of 11.2% from 2022 to 2032.
  • Asia Pacific dominated the market in 2021
  • North America is expected to grow at a highest CAGR from 2022 to 2032

Key Players

The Gene Therapy Cell Culture market report gives comprehensive information about the company and its past performance. The report also provide a detail market share analysis along with product benchmarking with key developments.

The key players profiled in the report are:

  • BIO-TECHNE CORPORATION
  • DANAHER CORPORATION (CYTIVA)
  • FUJIFILM HOLDINGS CORPORATION (FUJIFILM IRVINE SCIENTIFIC)
  • HIMEDIA LABORATORIES
  • LONZA GROUP LTD
  • MERCK KGAA
  • NOVARTIS INTERNATIONAL AG
  • SARTORIUS AG
  • THERMO FISHER SCIENTIFIC, INC.
  • TAKARA HOLDINGS INC. (TAKARA BIO INC.)

The Global Gene Therapy Cell Culture Logistic report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the Gene Therapy Cell Culture market provide specialised product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.

COVID Impact

In terms of COVID 19 impact, the Gene Therapy Cell Culture market report also includes the following data points:

  • COVID19 Impact on Gene Therapy Cell Culture market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in the Gene Therapy Cell Culture market

 

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Scope of the Report:

Market Segment By Media Type:

  • Serum Containing Media
  • Serum Free Media
  • Stem Cell Media
  • Specialty Media
  • Chemically Defined Media
  • Lysogeny Broth
  • Custom Media
  • Others

Market Segment By Viral Vectors Type:

  • Retroviruses
  • Lentiviruses
  • Adenoviruses,
  • Adeno Associated Virus
  • Herpes Simplex Virus
  • Poxvirus
  • Vaccinia Virus
  • Others

 

Market Segment By End User:

  • Biotechnology & Pharmaceutical Industry, Academic Institute, Research Laboratory, and Others

 

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Key Region/ Countries Covered

  • North America (US, Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
  • Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

 

Asia-Pacific is dominating due to the rise in the prevalence of cancer and awareness regarding gene therapy for cancer treatment, furthermore, there is an increase in research funding in the region that grows the market.

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and oppotunities
  • Competitive Intelligence providing the understanding about the ecosystem
  • Details analysis of Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

 

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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