2024-2033 Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Forecast: Predicted Growth Rate and Market Size
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What is the Expected Growth Rate of the Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market from 2024 to 2033?
The cell and gene therapy contract development and manufacturing organization (CDMO) market has experienced exponential growth, expected to rise from $4.24 billion in 2023 to $5.41 billion in 2024, with a CAGR of 27.7%. Factors contributing to this growth include technological advancements, favorable regulatory frameworks, increased investment, a high prevalence of genetic disorders, and a growing number of strategic partnerships.
The cell and gene therapy CDMO market is expected to see exponential growth, reaching $14.52 billion by 2028 at a CAGR of 28.0%, driven by expanded therapeutic applications, regulatory evolution, increased investment, and global collaboration. Trends include personalized therapy demand, automation growth, expanded manufacturing capacities, novel delivery systems, and sustainability focus.
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What Key Factors Are Fueling the Growth of the Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market?
The increasing prevalence of cancer cases is expected to boost the cell and gene therapy CDMO market. This prevalence is driven by aging populations and lifestyle changes. CDMOs help develop targeted treatments, improving cancer patient outcomes. According to Macmillan Cancer Support, the number of cancer patients in the UK is projected to rise from 3 million in 2022 to 5.3 million by 2040. Thus, the increasing cancer prevalence is propelling the growth of the CDMO market.
What Are the Major Segments of the Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market?
1) By Product Type: Gene Therapy, Gene-Modified Cell Therapy, Cell Therapy
2) By Phase: Phase 1, Phase 2, Phase 3, Phase 4
3) By Indication: Oncology, Infectious Diseases, Neurological Disorders, Rare Diseases, Other Indications
What New Trends Are Transforming the Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market?
Companies in the cell and gene therapy CDMO market are expanding portfolios with advanced solutions like PluriMatrix technology for efficient cell-based product manufacturing. In January 2024, Pluri launched PluriCDMO, offering end-to-end cell therapy manufacturing services utilizing this technology.
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Which Regions Are Driving Growth in the Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market?
North America was the largest region in the cell and gene therapy contract development and manufacturing organization (CDMO) market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell and gene therapy contract development and manufacturing organization (CDMO) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the cell and gene therapy contract development and manufacturing organization (cdmo) market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Include
1. Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Executive Summary
2. Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Segments
3. Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Size And Template Market Growth Rate
4. Key Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Trends
5. Major Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Drivers
……
25. Key Mergers And Acquisitions In The Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market
26. Top Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Companies
27. Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market Opportunities And Strategies
28. Cell And Gene Therapy Contract Development And Manufacturing Organization (CDMO) Market, Conclusions And Recommendations
29. Appendix
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