Gene Therapy Market Size, Share, Growth Analysis 2031
Gene therapy , a revolutionary approach to treating genetic disorders, has gained significant attention in recent years. By modifying or manipulating genes, this innovative treatment aims to correct defective genes responsible for disease development. As of 2023, the gene therapy market is poised for substantial growth, driven by technological advancements, increasing prevalence of genetic disorders, and a robust pipeline of therapeutic candidates. This research provides a detailed analysis of the gene therapy market, focusing on its size, share, and growth projections through 2031. As of 2023, the global gene therapy market was valued at approximately USD 9.0 billion. The increasing investment in research and development, coupled with favourable regulatory frameworks, has propelled the market's growth. The gene therapy market is expected to grow at a compound annual growth rate (CAGR) of around 21.4% from 2023 to 2031. By the end of 2031, the market could reach an estimated USD ...