CHICAGO, July 30, 2020 /PRNewswire/ -- The global cell and gene therapy market is expected to grow at a CAGR of over 30% during the period 20192025.

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Cell and Gene Therapy Market Segmentation

Cell and Gene Therapy Market by Product

Cell and Gene Therapy Market by Disease

Cell and Gene Therapy Market by End-user

Cell and Gene Therapy Market Dynamics

Cell & gene therapies are emerging as the most dynamic field in medicine with a lot of ongoing R&D. Various components under cell & gene therapy such as injectable-based cell therapy, tissue-based products, vector-based gene therapy, and cell-based immunotherapy are witnessing cutting edge research to advance the clinical indications for these products. Vendors are actively conducting clinical trials to gain regulatory approval in different countries and regions with huge untapped potential.

Key Drivers and Trends fueling Market Growth:

Cell and Gene Therapy Market Geography

North America dominated the market and plays an important role in the adoption of cell & gene therapies. However, the initial product development and approvals started in China, Japan, and Europe. Post the approval of medicines in the US in 2017, the market in North America witnessed faster growth, and funds across the globe started flowing into clinical trials in the region. Many vendors started acquiring smaller companies to enter the North American region.

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Cell and Gene Therapy Market by Geography

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Cell and Gene Therapy Market Size to Reach over $14 Billion by 2025 - Arizton - PRNewswire