Segments - Cell and Gene Therapy Manufacturing Services Market by Type (Gene Therapy and Cell Therapy), Indication (Cancer, Cardiovascular Conditions, Ophthalmology, Orthopedics, and Others), Mode (Contract and In-house), End-user (Biotechnology Companies, Pharmaceutical, Research & Academic Institutes, and Others) and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global cell and gene therapy manufacturing services market size was USD 5 Bn in 2022 and is likely to reach USD 20.5 Bn by 2031, expanding at a CAGR of 17% during 2023–2031. The market growth is attributed to the rising public and private investments in the gene and cell therapy industry.
Increasing partnerships, acquisitions, and collaborations among contract development and manufacturing organization (CDMO) companies and pharmaceutical companies are projected to fuel the market during the assessment period. This helps in easy research and development and provides a smooth transition from formulating to finishing the medicinal substances. Additionally, the mutual profit between CDMO and pharmaceutical companies facilitates product innovation, which, in turn, propels the market. For instance,
On February 17, 2021, Charles River Laboratories announced the acquisition of Cognate BioServices, Inc., which is a key CDMO. The acquisition aims to accelerate the therapy programs of biopharma companies.
The market report states that the COVID-19 pandemic slightly affected the global cell and gene therapy manufacturing services market, as lockdowns were implemented across different countries, which disrupted manufacturing processes. This factor further affected the logistics and supply chain processes in the market. A significant rise in the number of product launches and certifications among the key market players was registered. This helped in market revenue generation during post-pandemic.
Surging number of chronic diseases such as cancer is driving the market. High prevalence of such conditions that require target-based therapies gives rise to the demand for cell and gene therapies, as they require specifically targeted treatments. Many companies are being granted research & development certifications. Furthermore, the rising number of collaborations, acquisitions, and partnerships is expected to boost the market.
High costs related to the operations of gene and cell therapy manufacturing are expected to affect the market growth. Additionally, the high complexity of manufacturing therapy products and their logistics affects the supply chain in the market, which restrains the market growth.
Rising number of innovative product launches by major players in the cell and gene therapy market is anticipated to create lucrative growth opportunities in the market. Moreover, increasing product applications among people with both acute and chronic conditions increases the demand for therapy services. Additionally, many companies are focusing on investing in the manufacture and development of their existing products to enhance the therapy performance. This is further expected to create growth opportunities in the market.
The report includes an assessment of trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Cell and Gene Therapy Manufacturing Services Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Gene Therapy and Cell Therapy), Indication (Cancer, Cardiovascular Conditions, Ophthalmology, Orthopedics, and Others), Mode (Contract and In-house), and End-user (Biotechnology Companies, Pharmaceutical, Research & Academic Institutes, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Catalent, Inc; Charles River Laboratories; FUJIFILM Holdings Corporation; Lonza; Merck KGaA; Nikon Corporation; Oxford Biomedica PL; Takara Bio Inc.; Thermo Fisher Scientific Inc.; and WuXi AppTec |
Based on type, the global market is segregated into gene therapy and cell therapy. The cell therapy segment is projected to expand at a considerable CAGR during the forecast period, due to the increasing number of cell therapies and treatments for cancer, infectious diseases, and urinary problems. Additionally, several key players are focusing on implementing growth strategies to develop their cell therapy capabilities, which, in turn, is propelling the segment.
The gene therapy segment accounts for a significant market share, due to the high dependency of cancer treatments on gene therapies. This therapy is known to be one of the most effective ways to discover and treat cancer cells, which is expected to fuel the segment during the forecast period.
On the basis of indication, the cell and gene therapy manufacturing services market is divided into cancer, cardiovascular conditions, ophthalmology, orthopedics, and others. The cancer segment is expected to expand at a major growth rate during the projection period, due to the surging implementation of genetic engineering in oncology.
Evolving cancer disease cases across the world require advanced genetic solutions, which boosts the requirement for cell and gene therapy manufacturing services in oncology treatments. This factor drives the segment. Moreover, a rising number of product launches and approvals is anticipated to propel the segment. For instance,
On December 16, 2022, Ferring B.V. received approval from the US FDA for Adstiladrin. It is a vector-based gene therapy and is the first approved gene therapy for bladder cancer.
Based on mode, the cell and gene therapy manufacturing services market is bifurcated into contract and in-house. The contract segment is expected to register robust growth during the assessment period. Many new firms have limited access to manufacturing capacity; thus, they require service providers, which boosts the segment. Several gene and cell therapy manufacturers outsource vector and gene therapy products, as it increases their productivity. These factors aid in the segment expansion.
On the basis of end-user, the cell and gene therapy manufacturing services market is segmented into biotechnology companies, pharmaceutical, research & academic institutes, and others. The biotechnology companies segment is expected to register robust growth during the projection period, as they are actively involved in the utilization of therapy manufacturing service for research and development purposes.
These companies mainly focus on consumer safety and perspective, which helps them offer consumer-friendly gene and cell therapy manufacturing services. Furthermore, biotechnology companies have access to advanced technologies, hence, they use the technology in gene and cell therapy services, which further propels the segment.
The pharmaceutical segment is expected to hold a significant share of the market, due to the rising number of collaborations among contract development and manufacturing organizations and pharmaceutical companies. Moreover, biopharmaceutical companies are focused on investing in novel manufacturing techniques, expansion, and collaborations to cater to the increasing demand for therapies. This further propels the segment.
In terms of region, the global cell and gene therapy manufacturing services market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the forecast period, owing to the rising incidence of different cancer types among people in countries, including Canada and the US. Additionally, the presence of advanced infrastructure for effective research and development activities is further projected to drive the regional market. For instance,
On November 7, 2022, Charles River Laboratories announced the expansion of its cell therapy manufacturing and contract development facility. The expansion helps in commercial and clinical cell therapy manufacturing operations.
The market in Europe is anticipated to expand at a rapid pace during the forecast period, due to the rising incidence of chronic diseases. This is attributed to lifestyle habits, such as tobacco smoking, alcohol consumption, and unhealthy diets. Rising number of cancer patients in countries such as the UK is boosting the mortality rates. This factor boosts the requirement of cell and gene therapy. This further facilitates the growth of the market in the region.
The cell and gene therapy manufacturing services market has been segmented on the basis of
Key players operating in the global cell and gene therapy manufacturing services market include Catalent, Inc; Charles River Laboratories; FUJIFILM Holdings Corporation; Lonza; Merck KGaA; Nikon Corporation; Oxford Biomedica PL; Takara Bio Inc.; Thermo Fisher Scientific Inc.; and WuXi AppTec.
Several companies are implementing market expansion & growth strategies such as divestitures, partnerships, acquisitions, R&D investments, mergers, collaboration, and product launches to boost their market share. For instance,
On January 15, 2021, Thermo Fisher Scientific Inc. acquired Henogen SA to evolve in the field of gene therapy and maintain consistent presence in the market.