The global gene therapy market is estimated to grow from $2.4 billion in 2024 to $16.5 billion by 2035, representing a CAGR of 19.25% during the forecast period till 2035.
There has been a consistent upward trend in the consolidation activity within the gene therapy domain, growing at a CAGR of 22.22%, since 2015. This can be attributed to the rise in demand for gene therapies and increased competition within this domain, which has further prompted the gene therapy companies to diversify their product portfolios.
Most of the acquisition deals in the gene therapy industry were focused on providing access to novel technology / platform to the acquirer company. This is followed by acquisitions undertaken for therapeutic area consolidation (24%). Further, 13% acquisitions were instances, wherein the acquirer company aimed to expand its product portfolio / enter the gene therapy domain through the acquisition of companies offering gene therapy products.
During our research, we were able to identify more than 5,370 patents filed / granted in this domain since 2017.
There has been a steady increase in the number of patents published, which is indicative of continuous research in this domain. This can be attributed to the several advantages offered by gene therapies, including target specificity, high efficacy and reduced off-side toxicity.
Most of the patents (54%) were filed / granted in North America, followed by those filed in Europe (14%) and Asia-Pacific (2%). It is also worth mentioning that 30% of the total patent applications were submitted to WIPO, from across the globe. Further, over the last few years, despite large number of patents that have been filed (and hence having a long remaining patent life), only 1% of the total patents have a significantly higher relative valuation, based on the relevant parameters and cut-off of the weighted score considered for this analysis. Additionally, the majority of the patent applicants are industry players; however, the contribution of non-industry players in this domain has also increased considerably.
Research Methodology
Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection. The report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the Gene Therapy Market.
Thank you for reading our report. Kindly get in touch with us to know more about the report or to receive a customized copy of it. Our team will ensure the report is tailored according to your needs.
To view more details on this report, click on the link
https://www.rootsanalysis.com/reports/gene-therapies-market/268.html
About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.
We specialise in analysing areas which have lacked quality research so far or require more focused understanding within the broader industry. All our reports are structured in a way to enable the reader develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we also provide bespoke research / consulting services dedicated to serve our clients in the best possible way.
The research efforts are driven by a global team. The leadership team brings a wealth of experience within the sector. Their collective experience in pharmaceutical / affiliated domains allows us to tackle various areas of research in a structured way. We also regularly leverage our global network of experts who hold senior leadership positions in reputed firms and organisations worldwide.
Contact:
Roots Analysis
+1 (415) 800 3415
