This market for cell and gene therapy is on an exponential growth trajectory in recent years thanks to new developments in medical technology. For this new-fangled business, cell and gene therapy manufacturing services have become an integral element. Such specialized services are necessary for the manufacture of complex biological therapies such as cell therapies, gene therapies and viral vectors.
Market Overview and Growth
Global cell and gene therapy manufacturing services market is registering significant development, with rising R&D investments, increasing patient population, and approval of new therapies.
Top driving market factors are:
- On-rising cases of Chronic Diseases: On-rising cases of chronic illnesses like cancer, autoimmune diseases etc., is increasing the need for new treatment options.
- Technology: Cell and gene therapy innovations like CRISPR-Cas9 gene editing allow for better treatments.
- Regulatory Assistance: All over the world regulatory authorities are promoting cell and gene therapies development and sale to help set up an ideal regulatory climate.
- Increasing Venture Capital Funding: Huge capital investments in biotechnology and pharmaceutical firms are driving the cell and gene therapy industry.
Trends of the Cell and Gene Therapy Manufacturing Services Market by Type: The Cell and Gene Therapy Manufacturing Services Market has been segmented on basis of product type and application.
Here are some of the major trends in the cell and gene therapy manufacturing services market:
- Outsourcing and Contract Manufacturing: A lot of organizations are contract manufacturing to niche contract manufacturing companies (CMOs) for R&D.
- Digitalization: Using digital technologies like automation, robotics and artificial intelligence is bringing efficiency and lower cost.
- Monitoring and Control – In real-time: Monitoring and control systems with sophisticated capabilities are used to monitor and control the important parameters of the product in real-time for product quality and consistency.
- Streamlining Supply Chain: Supply chains for raw materials, reagents, and consumables need to be optimised in order to accommodate the growing needs for cell and gene therapies.
Market Analysis and Research
The research techniques used for understanding the cell and gene therapy manufacturing services market are varied. These include:
- Product Type (cell therapy, gene therapy, viral vectors), Service Type (process development, clinical manufacturing, commercial manufacturing), Geographical Distribution: The segmentation of the market is done on the basis of product type (cell therapy, gene therapy, viral vectors), service type (process development, clinical manufacturing, commercial manufacturing), and geography.
- Market Size, Strengths, Weakness, & Strategies of the Market Players.
- Technological Survey: Analysing emerging cell and gene therapy manufacturing technologies, like disposable bioreactors and robotic cell-handling machines.
- Regulatory Evaluation: Analysing market impact from regulatory change (eg, GMP regulations, clinical trial regulation).
Author’s Bio:
Snigdha Jena
Senior Market Research Expert at The Insight Partners