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Some of the major market players operating in the gene therapy industry are
The non-viral vector segment accounted for a sizable revenue share in 2022 and is estimated to grow significantly through 2032 as non-viral vectors are less likely to trigger immune responses and are associated with lower toxicity, which makes them suitable for clinical use.
Global market for gene therapy was worth USD 9 billion in 2023 and is projected to record growth at 19.4% CAGR from 2024 to 2032 owing to the expansion and development of advanced medicines and gene delivery technologies.
The top players engaged in the global market are Merck KGaA, REGENXBIO, Inc., Oxford BioMedica plc, Dimension Therapeutics, Inc., Bristol-Myers Squibb Company, SANOFI, Applied Genetic Technologies Corporation, F. Hoffmann-La Roche Ltd, bluebird bio, Inc., Novartis AG, Orchard Therapeutics, Gilead Lifesciences, Inc., BENITEC BIOPHARMA, Sibiono GeneTech Co., Ltd, and Shanghai Sunway Biotech Co., Ltd.
The North America market is set to grow at a rate of 19.2% over 2023-2032 attributed to the strong financial and government support, availability of advanced healthcare infrastructure, and robust R&D ecosystem.