Global Nucleic Acid Based Gene Therapy Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

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 anemia, sickle cell, cystic fibrosis, diabetes, and thalassemia.

Global Nucleic Acid Based Gene Therapy Market Size And Drivers:

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 projected to drive the demand for nucleic acid-based gene therapy.

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Trends In The Global Nucleic Acid Based Gene Therapy Market

In May 2018, Vectalys, a leading biotechnology company specializing in the manufacturing of high-quality solutions for gene delivery and FlashCell, a company engaged in developing non-integrated lentiviral delivered RNA Therapeutics announced the merger to create Flash Therapeutics, a privately held gene therapy company developing cell and gene therapeutics. The new company Flash Therapeutics is expected to focus on the development of RNA therapeutics based on LentiFlash, a non-integrative lentiviral delivery technology for incurable diseases.

Global Nucleic Acid Based Gene Therapy Market Segments:
The global nucleic acid-based gene therapy market is further segmented –
By Technology: Anti-Sense and Anti-Gene, Short Inhibitory Sequences, Gene Transfer Therapy, Nucleoside Analogs, 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 global nucleic acid-based gene therapy market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Nucleic Acid Based Gene Therapy Global Market Report 2021 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 and growth for the global nucleic acid based gene therapy market, nucleic acid based gene therapy market share, nucleic acid based gene therapy market players, nucleic acid based gene therapy market segments and geographies, nucleic acid based gene therapy market’s leading competitors’ revenues, profiles and market shares. The nucleic acid-based gene therapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.