Cell and gene therapy has seen significant growth and innovation in recent years. These breakthrough therapies can potentially revolutionize healthcare by addressing the genetic roots of previously incurable diseases. Let's delve into the dynamics of this transformative market.
The global cell and gene therapy market has been on an upward trend driven by advances in biotechnology, increased investment, and regulatory support.
Here are some key insights:
The cell and gene therapy market size was valued at $7.2 billion in 2023 and is expected to grow at a CAGR of 26.4% to reach $23.3 billion in 2028.