Medical Equipment

Global Nucleic Acid Based Gene Therapy Market Outlook, Opportunities And Strategies

December 8, 2021 by The Business Research Company

Learn about the global nucleic acid based gene therapy market through The Business Research Company, which provides information on nucleic acid based gene therapy market size, nucleic acid based gene therapy market drivers and restraints, nucleic acid based gene therapy market players, the COVID-19 impact on the nucleic acid based gene therapy market, and more.

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The global nucleic acid based gene therapy market is expected to grow from $0.56 billion in 2020 to $0.61 billion in 2021 at a compound annual growth rate (CAGR) of 8.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The nucleic acid-based gene therapy market is expected to reach $0.85 billion in 2025 at a CAGR of 9%.

Rising financial support by the government and the companies is expected to drive innovation in nucleic acid-based gene therapy, thus driving the market during the forecast period.

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The nucleic acid-based gene therapy market consists of sales of nucleic acid-based gene therapy products and services. Gene therapy is used for correcting defective genes that are responsible for disease development. Moreover, nucleic acid-based therapeutics are used to treat genetic disorders and diseases for which there exists no permanent cure such as anaemia, sickle cell, cystic fibrosis, diabetes, and thalassemia.

Global nucleic acid-based gene therapy market segments include:

By Technology: Antisense And Antigene, Short Inhibitory Sequences, Gene Transfer Therapy, Nucleoside Analogues, Ribozymes, Aptamers, Others

By Application: Oncology, Muscular Dystrophy/ Muscular Disorders, Rare Diseases

By End User: Hospitals And Clinics, Academic And Research Institutes

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s nucleic acid-based gene therapy market report covers:

Major Market Players: Wave Life Sciences, Imugene, Caperna, Phylogica, Protagonist Therapeutics, Benitec Biopharma, EGEN, BioMedica, Transgene and Copernicus Therapeutics.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Nucleic Acid Based Gene Therapy Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides nucleic acid based gene therapy market overviews, analyzes and forecasts market size, share, nucleic acid based gene therapy market players, nucleic acid based gene therapy market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s nucleic acid based gene therapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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