Cancer Gene Therapy Market Benefits, Opportunities and Future Investments Forecast To 2024

Globally, rising cancer prevalence will increase demand for gene therapy as the effective personalized treatment choice. According to WHO, cancer incidence is projected to rise by 50% to reach 15 million by the end of this decade.

Delaware, Selbyville - June 13, 2019 /MarketersMedia/ —

Cancer Gene Therapy Market size is expected to exceed USD 4.3 billion by 2024; as per a new research report by Global Market Insights, Inc.

Globally, rising cancer prevalence will increase demand for gene therapy as the effective personalized treatment choice. According to WHO, cancer incidence is projected to rise by 50% to reach 15 million by the end of this decade. This alarming increase in number of patients necessitates this as a potential treatment approach addressing the growing global burden of the disease.

Retroviral vector-mediated gene transfer dominated the development by enabling the conversion of single stranded RNA into a double stranded DNA molecule, which steadily integrates into the target cell genome. These vectors are used to permanently modify the host cell nuclear genome and will register a robust growth of over 20%.

Request a sample of this premium report titled at https://www.marketstudyreport.com/request-a-sample/467801/?utm_source=MM-VHS

Growing number of clinical trials and availability of wide range of genes and vectors used in these trials will enable emergence of new treatment modalities to help make cancer a manageable disease. By the end of 2012, the number of clinical trials crossed 1,800 worldwide.

Adenoviral vector remains as the most common oncology application due to its competent nuclear mechanism and low pathogenicity. It is widely used in replacement approaches, suicide and gene-based immunotherapy, and syndicate with chemotherapy and is anticipated to grow at 20% CAGR.

Increased adoption of emerging genomic technologies such as NGS and high density micro array coupled with favorable government initiatives will fuel global cancer gene therapy market size. For instance, CDC supports nationwide screening programs for control of breast, cervical and colorectal cancer among low-income women with little or no health insurance. However, high cost of development lack of reimbursement and regulatory processes will restrain industry growth.

U.S. led the industry owing to increased R&D funding and other government initiatives. Growing number of biotech companies are engaging in R&D and clinical trials of gene therapy products. Increased demand for DNA vaccines and increasing interest of venture capitalists to invest in commercialization of gene therapies will trigger industry expansion.

China cancer gene therapy market size attributed to over 35% APAC revenue in 2015. With the launch of Gendicine and increasing healthcare expenditure and robust R&D facilities will enable industry growth.

Key insights from the report include:

U.S. cancer gene therapy market share accounted for over 95% regional revenue in 2015, with market size of USD 235 million and a forecast to grow at 20.9% CAGR.

Request a discount on standard prices of this premium report titled at https://www.marketstudyreport.com/check-for-discount/467801/?utm_source=MM-VHS

UK was over USD 92.0 million in 2015, and will grow at 20.8% CAGR owing to increasing incidence of cancer and adoption of advanced treatment methods.
China market size was valued at USD 99.6 million in 2015 and growth expectations of 21% CAGR over the forecast years.

Key players include SiBiono, Altor Bioscience Corporation, Shanghai Sunway Biotech company limited, Amgen, BioCancell, OncoGeneX, Aduro Biotech, GlobeImmune, Inc., New Link Genetics., ZioPharm Oncology, MolMed, GENELUX, Gradalis, MultiVir.
The industry is highly fragmented and is dominated by several small biotech firms collectively accounting for over 80% of cancer gene therapy market pipeline. Major growth strategies adopted by these small firms include, technology transfer, licensing and commercialization deals, strategic collaborations and mergers and acquisitions to retain their industry position.

Report Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.1.4. Research scope & assumptions
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Cancer genetics industry 360 degree synopsis, 2012 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Application trends
Chapter 3. Cancer Gene Therapy Industry Insights
3.1. Industry segmentation
3.2. IIndustry Size and forecast, 2012 - 2024
3.3. Industry Impact forces
3.3.1. Growth drivers
3.3.1.1. Technological advancements
3.3.1.2. Increased adoption of nanotechnology
3.3.1.3. Favorable government regulations
3.3.2. Industry pitfalls & challenges
3.3.2.1. High cost of cancer genetherapy
3.4. Growth potential analysis
3.5. Porter's analysis
3.6. Key opportunities prioritized, 2015
3.7. PESTEL analysis
3.8. Regulatory Landscape
3.8.1. U.S.
3.8.2. EU
3.8.3. China
3.9. Scientific and Ethical issues in Gene Therapy
3.10. Competitive landscape, 2015
3.11. Pipeline Analysis by cancer type
3.11.1. Head and Neck Cancer Pipeline Analysis
3.11.2. Breast Cancer Pipeline Analysis
3.11.3. Gastro Intestinal Cancer Pipeline Analysis
3.11.4. Gentiourinary Cancer Pipeline Analysis
3.11.5. Gynecological Cancer Pipeline Analysis
3.11.6. Haemotological Cancer Pipeline Analysis
3.11.7. Neurologic Cancer Pipeline Analysis
3.11.8. Respiratory Cancer Pipeline Analysis
3.11.9. Skin Cancer Pipeline Analysis
Chapter 4. Cancer Gene Therapy Insights
4.1. Cancer gene therapy market share by therapy, 2015 & 2024
4.2. Gene Induced Immunotherapy
4.2.1. Market estimates and forecast, 2012-2024 (USD Million)
4.2.2. Delivery of cytokine gene
4.2.2.1. Market estimates and forecast, 2012-2024 (USD Million)
4.2.3. Delivery of tumor antigen gene
4.2.3.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3. Oncolytic Virotherapy
4.3.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.2. Adenoviruses
4.3.2.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.3. Lentiviruses
4.3.3.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.4. Retrovirus
4.3.4.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.5. Adeno Associated Virus
4.3.5.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.6. Herpes Simplex Virus
4.3.6.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.7. Alphavirus
4.3.7.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.8. Vaccinia Virus
4.3.8.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.9. Simian Virus
4.3.9.1. Market estimates and forecast, 2012-2024 (USD Million)
4.3.10. Others
4.3.10.1. Market estimates and forecast, 2012-2024 (USD Million)
4.4. Gene transfer/ Gene replacement
4.4.1. Market estimates and forecast, 2012-2024 (USD Million)
4.4.2. Naked/Plasmid Vectors
4.4.2.1. Market estimates and forecast, 2012-2024 (USD Million)
4.4.3. Electroporation
4.4.3.1. Market estimates and forecast, 2012-2024 (USD Million)
4.4.4. Sonoportion
4.4.4.1. Market estimates and forecast, 2012-2024 (USD Million)
4.4.5. Magnetofection
4.4.5.1. Market estimates and forecast, 2012-2024 (USD Million)
4.4.6. Gene Gun
4.4.6.1. Market estimates and forecast, 2012-2024 (USD Million)

Complete report titled at https://www.marketstudyreport.com/reports/cancer-gene-therapy-market

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Market Study Report
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-273-0910
Website: https://www.marketstudyreport.com/

Source URL: https://marketersmedia.com/cancer-gene-therapy-market-benefits-opportunities-and-future-investments-forecast-to-2024/524003

Source: MarketersMedia

Release ID: 524003

More News From Daily Travelogue

The Latest: No immediate agency comment on safety rules

Jun 25, 2019

HONOLULU — The Latest on a fatal plane crash in Hawaii (all times local): 2 p.m. Federal Aviation Administration spokesman Ian Gregor says he's not immediately able to comment on the National Transportation Safety Board's demand that his agency strengthen skydiving regulations. Gregor says he's reviewing the NTSB's 2008 recommendations to his agency that it strengthen skydiving regulations and studying his agency's responses to those recommendations. He says he isn't immediately able to comment as a result. NTSB member Jennifer Homendy told a news conference that her agency recommended more than a decade ago that the FAA tighten rules on...

Woodstock 50 may be back on at new venue

Jun 25, 2019

VERNON, N.Y. — A smaller Woodstock 50 festival could possibly be held at an upstate New York harness track and casino. Town of Vernon Supervisor Randy Watson tells the Poughkeepsie Journal that Woodstock 50 has applied for a permit to hold its concert Aug. 16-18 at Vernon Downs, about 35 miles (56 kilometers) east of Syracuse. Watson says the proposed capacity was 45,000-50,000 people — far smaller than the 150,000 planned for at the initial venue, Watkins Glen International. Woodstock concert promoters had no comment Monday. Vernon Downs owner Jeffrey Gural said in an email Monday they're close to signing...

The Latest: Tyler Perry recognized as an icon at BET Awards

Jun 25, 2019

LOS ANGELES — The Latest on the 2019 BET Awards, which are being presented Sunday at the Microsoft Theater (all times local): 8 p.m. Tyler Perry spoke about the worthiness of black women and his journey to become a filmmaker after accepting the Ultimate Icon Award at the BET Awards. Perry says he wants to be an inspiration more than an icon as he preached entrepreneurship on Sunday. He is best known for his African-American comedies and his character "Madea" through his film series. In 2006, Perry opened a 200,000-square-foot studio in Atlanta. He expanded and opened a different state-of-the-art...

Bikers gather for emotional ceremony following deadly crash

Jun 25, 2019

COLUMBIA, N.H. — A long-planned Blessing of the Bikes ceremony for motorcycle enthusiasts became a grief-filled memorial Sunday as hundreds converged to mourn seven bikers killed in a devastating crash with a pickup truck . About 400 motorcyclists gathered in Columbia, New Hampshire, for the ceremony — which is periodically held, but had special meaning for the motorcycle community in wake of the accident involving members of the Marine JarHeads, a motorcycle club that includes Marines and their spouses. "When they fall, we all fall," said Laura Cardinal, Vice President of the Manchester Motorcycle Club, adding that fellow bikers will...

Skydiving plane in Hawaii crash had scary 2016 mishap

Jun 25, 2019

HONOLULU — A skydiving plane that crashed in Hawaii, killing 11 people, was involved in a terrifying midair incident three years ago in Northern California that prompted the 14 skydivers aboard to jump earlier than planned to safety, according to government investigative records. The Beechcraft King Air plane crashed and burned on Oahu island's north shore Friday evening after witnesses said it appeared to turn back shortly after takeoff. In the July 23, 2016, incident near Byron, California, the twin-engine plane stalled three times and spun repeatedly before the pilot at that time managed to land it safely, the National...

In Daily Travelogue, we aim to provide rich content for the budget traveler. We only publish blog post that is informative and entertaining to add value to our readers’ user experience.

Contact us: sales[at]dailytravelogue.com