The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest nucleic acid based gene therapy market share in 2022.

The global nucleic acid based gene therapy market is expected to grow from $0.68 billion in 2022 to $0.75 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The nucleic acid based gene therapy market is expected to grow from $1.06 billion in 2027 at a CAGR of 9.2%.

Major Driver In The Nucleic Acid Based Gene Therapy Market ­– Rise In Financial Support By The Government And The Companies
For example, the National Institute of Health (NIH) announced a $34 million annual commitment in HIV therapy research for the next five years in August 2022. The government’s support for gene therapies will help the market flourish.

View More On The Nucleic Acid Based Gene Therapy Market Report 2023 – https://www.thebusinessresearchcompany.com/report/nucleic-acid-based-gene-therapy-global-market-report

Key Nucleic Acid Based Gene Therapy Market Segments
1) By Technology: Anti-Sence and Anti-Gene, Short Inhibitory Sequences, Gene Transfer Therapy, Nucleoside Analogs, Ribozymes, Aptamers, Other Technologies
2) By Application: Oncology, Muscular Dystrophy/ Muscular Disorders, Rare Diseases
3) By End User: Hospitals And Clinics, Academic And Research Institutes

Recent Nucleic Acid Based Gene Therapy Market Trend – Strategic Partnerships And Collaborations To Help Boost Production
Major players are forming alliances in order to expand their market and leverage one other’s resources. Pfizer Inc., an American multinational pharmaceutical and biotechnology corporation, and Beam Therapeutics Inc., an American biotechnology company developing precision genetic medicines through base editing, for example, announced an exclusive four-year research collaboration focused on in vivo base editing programmes for three targets for rare genetic diseases of the liver, muscle, and central nervous system in January 2022.  Similarly, in August 2022, Merck, an American multinational pharmaceutical company, and Orna Therapeutics, a biotechnology company based in the United States that is pioneering a new investigational class of engineered circular RNA (oRNA) therapies, announced a collaboration agreement to discover, develop, and commercialise multiple programmes, including vaccines and therapeutics in infectious disease and oncology.

Nucleic Acid Based Gene Therapy Market Prominent Players
Major players in the nucleic acid based gene therapy market are Celsion Corporation, Wave Life Sciences, Imugene, Caperna, Phylogica, Protagonist Therapeutics, Benitec Biopharma, EGEN, BioMedica, Transgene, and Copernicus Therapeutics.

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The Nucleic Acid Based Gene Therapy Global Market Report 2023 provides a comprehensive overview on the nucleic acid based gene therapy market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the nucleic acid based gene therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Gene therapy is used to fix faulty genes that cause disease development. Nucleic acid-based treatments are used to treat genetic illnesses and diseases that do not have a permanent cure, such as anaemia, sickle cell disease, cystic fibrosis, and thalassemia.

View More Related Reports –
Gene Therapy Global Market Report 2023
Cell And Gene Therapy Global Market Report 2023
Gene Editing Global Market Report 2023

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