Cell And Gene Therapy Clinical Trials Market Share Analysis Report, 2024-2033
The global cell and gene therapy clinical trials market size reached USD 11.62 billion in 2023 and is projected to hit around USD 47.40 billion by 2033, expanding at a CAGR of 15.09% during the forecast period from 2024 to 2033.
Key Takeaways:
Cell And Gene Therapy Clinical Trials Market Growth
The market is majorly driven by an increase in R&D funding, rising patient demand for innovative therapies, growing interest in cell and gene therapies for cancer treatment, and a favorable regulatory environment. Cell and gene therapy (CGT) represents a new frontier in the fight against many deadly diseases, including rare genetic disorders and cancers. It represents the new wave of innovation in the life sciences industry. The COVID-19 pandemic reduced the number of gene therapy clinical trials in the early 2020s as the majority of studies were focused on treating and diagnosing COVID-19.
The percentage of gene therapy clinical studies increased significantly in the past 3 years, as many researchers shifted focus to gene therapy for treating cancer and other rare diseases. This shift is expected to boost the market growth in the coming years. Patients can look forward to the next generation of cell & gene treatments as an alternate therapy choice or tailored medication. In addition, when compared to small-molecule drugs, these medications have a higher success rate. This is because CGT focuses on specific disease causes rather than broad targets like small-molecule treatment.
Between 2008 and 2018, CGT drugs had an R&D success rate of 11% from Phase I to launch, compared to 8.2% for small-molecule compounds. Substantial growth is happening in the size and sophistication of the companies entering the market. Many of the early movers in this market were small biotech startups. A significant interest was seen in the major biopharma firms. The majority of the large-sized pharmaceutical companies are now investing in CGT. For instance, Novartis, in December 2021, stated that it has signed an acquisition agreement with an ocular gene therapy company, Gyroscope Therapeutics.
This acquisition will strengthen Novartis’s position in ophthalmology gene therapy. Other noteworthy acquisitions include those of Kite Pharma by Gilead; Spark Therapeutics by Roche; and Celgene by Bristol-Myers Squibb. Interest in the CGT field has grown gradually since technological advancements in 2000. There were only about 20 FDA-approved Biologics License Applications (BLAs) for cell-based therapeutics in the 20 years, between 1997 and 2017. The FDA, in 2019, stated that it projects to approve 10 to 20 new BLAs for cell therapy products each year in the U.S. alone by 2025. The U.S. FDA has also improved the approval of CGT in recent years.
For instance, in May 2022, the FDA gave the third approval for CAR T Cell Therapy, developed by Penn Medicine for the treatment of relapsed or Refractory Follicular Lymphoma (FL) in adults. Such approvals are expected to increase the demand for research in CGT, thereby boosting the market growth. CGT is not only used in treating cancer but also has gained importance in treating COVID-19. The FDA approved BioCardia’s Investigational New Drug (IND) application in April 2022, allowing the company to initiate Phase I/II clinical trial of BCDA-04 in adults recovering from COVID-19-linked Acute Respiratory Distress Syndrome (ARDS). Such approvals are likely to support market growth.
Cell And Gene Therapy Clinical Trials Market Report Scope
| Report Attribute | Details |
| Market Size in 2024 | USD 13.38 Billion |
| Market Size by 2033 | USD 47.40 Billion |
| Growth Rate From 2024 to 2033 | CAGR of 15.09% |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | Phase, indication, region |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Key Companies Profiled | IQVIA; ICON Plc; Laboratory Corporation of America Holdings; Charles River Laboratories International, Inc.; PAREXEL International Corp.; Syneos Health; Medpace, Holdings, Inc.; PPD Inc.; Novotech; Veristat, LLC |
Segments Insights:
Phase Insights
On the basis of phases, the overall market has been further categorized into phase I, phase II, phase III, and phase IV. The phase II segment dominated the global market in 2023 and accounted for the largest share of more than 54.19% of the total revenue as the majority of cell and gene therapies are in this phase of the clinical trial. The segment is also expected to grow with the fastest growth over the forecast owing to increasing investments in R&D, a growing number of industry-sponsored and non-industry-sponsored clinical trials in phase II, and due to the complexities associated with phase II clinical trials.
Furthermore, the majority of cell and gene therapy studies are currently failing to reach later stages of studies. This further contributes to the largest share in the segment market. Phase I segment is expected to register a significant share 15.8 in 2023. One of the main reasons for the segment’s rise is the effective translation of medicines from non-clinical projects into First-in-Human clinical trials. Though the vast majority of cell and gene therapy clinical trials are in phases I and II, the proportion of trials now in the late phase, including phase III and phase IV, is slightly improving. This is expected to enhance the market growth in the later phase of clinical studies.
Indication Insights
On the basis of indications, the market is divided into oncology; cardiology; CNS; musculoskeletal; infectious diseases; dermatology; endocrine, metabolic, genetic; immunology & inflammation; ophthalmology; hematology; gastroenterology; and others. The oncology segment dominated the global market with a revenue share of more than 49.1% in 2023 and is anticipated to grow at CAGR 15.1% over the forecast period. As per the estimates of global data, in 2023, out of the total number of CGT clinical trials, the oncology segment alone consists of 1,375 ongoing trials. The investment in oncology highlights the importance of developing innovative and faster ways to deliver CGT clinical trials and addressing the challenges of scaling to commercialization.
In the early 2020s, the clinical studies for cancer were suspended owing to the spread of the COVID-19 pandemic globally. However, there has been significant growth in the clinical studies for cancer in 2021 and is expected to grow at a faster rate during the forecast period owing to the growing burden of cancer worldwide. Furthermore, the development of CAR-T cell therapies, such as Kymriah and Yescarta, as well as their success in treating hematological malignancies, has paved the way for increased investment in CGTs in oncology. Both biotech and pharmaceutical companies are investing globally in this approach to treat various types of cancer.
Regional Insights
North America accounted for the largest share of 49.76% of the global revenue in 2023 and is expected to maintain its lead during the forecast period. This is attributed to a favorable regulatory environment, especially in the U.S. The U.S. FDA has established a collaborative regulatory procedure for CGTs with early and steady engagement with the sponsor, along with special regulatory designations useful for many CGTs. In addition, the regulatory approval process in the U.S. is evolving and becoming favorable for vendors developing CGT products. The U.S. FDA is designating the orphan drug status, breakthrough designation, accelerated approvals, and RMAT designations for CGTs to expedite the approval process.
Asia Pacific is anticipated to expand at the fastest CAGR 15.7% during the forecast period. A rising number of biotechnology firms in the Asia Pacific region are specializing in regenerative treatments. Moreover, with the constant growth of medical tourism centers like Thailand, Singapore, and India, the region is projected to maintain its place as the epicenter of cell research and therapy. Moreover, the recruitment for CGT clinical trials is increasing in Asia as compared to North America and Europe. This is due to the large patient pool & low trial cost; this further strengthens the Asia Pacific market.
Key Companies & Market Share Insights
The market is highly competitive, market players are undertaking numerous strategic initiatives, such as acquisitions, collaborations, and partnerships, to gain a greater market share. For instance, in January 2020, Charles River Laboratory acquired HemaCare Corp., a prominent player in the production of human-derived cellular products for the cell therapy market, for USD 380 million in cash. In April 2022, Labcorp, collaborated with, Xcell Biosciences, to support the company in developing CGTs for treating cancer, Parkinson’s, and other rare diseases.Some prominent players in the global cell and gene therapy clinical trials market include:
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the Cell And Gene Therapy Clinical Trials market.
By Phase
By Indication
By Region
Chapter 1 Cell And Gene Therapy Clinical Trials Market: Methodology And Scope
1.1 Market Segmentation & Scope
1.1.1 Phase
1.1.2 Indication
1.1.3 Regional Scope
1.1.4 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 nova one advisor Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis
1.7 List Of Secondary Sources
1.8 List Of Primary Sources
1.9 List Of Abbreviations
1.10 Objectives
1.10.1 Objective - 1
1.10.2 Objective - 2
1.10.3 Objective - 3
1.10.4 Objective - 4
Chapter 2 Cell And Gene Therapy Clinical Trials Market: Executive Summary
2.1 Market Outlook
2.2 Competitive Insights
Chapter 3 Cell And Gene Therapy Clinical Trials Market: Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 COVID-19 Pandemic Impact On Clinical Trial Activity
3.2.1 Disrupted Clinical Trials
3.2.1.1 Troubleshooting The Manufacturing & Supply Challenges Associated To COVID-19
3.2.1.2 Other Challenges
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Growing Interest In Cell And Gene Therapy
3.3.1.2 Adoption Of New Technology In Clinical Research
3.3.1.3 Increasing Investments And R&D Funding
3.3.2 Market Restraint Analysis
3.3.2.1 Recruitment Obstacles
3.3.3 Industry Challenges
3.3.3.1 Rising Cost Of Clinical Trial
3.3.4 Major Deals & Strategic Alliances Analysis
3.3.4.1 Product/Service Launch
3.3.4.2 Merger & Acquisition
3.3.4.3 Collaboration & Partnership
3.3.4.4 Research Expansion
3.3.4.5 Service Expansion
3.3.5 Regulatory Framework
3.3.6 U.S.
3.3.7 Europe
3.3.8 China
3.3.8.1 Regulatory Challenges & Risk Of Selling Unapproved Cell Therapies
3.3.9 Japan
3.4 Cell And Gene Therapy Clinical Trials Market Analysis Tools
3.4.1 Porter’s Five Forces Analysis
3.4.2 PESTEL Analysis
Chapter 4 Cell And Gene Therapy Clinical Trials Market: Phase Segment Analysis
4.1 Cell And Gene Therapy Clinical Trials: Market Share Analysis, 2021 & 2030
4.2 Phase I
4.2.1 Phase I Market, 2024 & 2033
4.3 Phase II
4.3.1 Phase II Market, 2024 & 2033
4.4 Phase III
4.4.1 Phase III Market, 2024 & 2033
4.5 Phase IV
4.5.1 Phase IV Market, 2024 & 2033
Chapter 5 Cell And Gene Therapy Clinical Trials Market: Indication Segment Analysis
5.1 Cell And Gene Therapy Clinical Trials: Market Share Analysis, 2021 & 2030
5.2 Oncology
5.2.1 Oncology Market, 2024 & 2033
5.3 Cardiology
5.3.1 Cardiology Market, 2024 & 2033
5.4 CNS
5.4.1 CNS Market, 2024 & 2033
5.5 Musculoskeletal
5.5.1 Musculoskeletal Market, 2024 & 2033
5.6 Infectious Diseases
5.6.1 Infectious Diseases Market, 2024 & 2033
5.7 Dermatology
5.7.1 Dermatology Market, 2024 & 2033
5.8 Endocrine, Metabolic, Genetic
5.8.1 Endocrine, Metabolic, Genetic Market, 2024 & 2033
5.9 Immunology & Inflammation
5.9.1 Immunology & Inflammation Market, 2024 & 2033
5.10 Ophthalmology
5.10.1 Ophthalmology Market, 2024 & 2033
5.11 Hematology
5.11.1 Haematology Market, 2024 & 2033
5.12 Gastrointestinal
5.12.1 Gastrointestinal Market, 2024 & 2033
5.13 Others
5.13.1 Others Market, 2024 & 2033
Chapter 6 Cell And Gene Therapy Clinical Trials Market: Regional Analysis
6.1 Cell And Gene Therapy Clinical Trials: Regional Market Share
6.2 Cell And Gene Therapy Clinical Trials: Market Share Analysis, 2024 & 2033
6.3 North America
6.3.1 North America Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.3.2 U.S.
6.3.2.1 U.S. Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.3.3 Canada
6.3.3.1 Canada Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4 Europe
6.4.1 Europe Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.2 U.K.
6.4.2.1 U.K. Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.3 Germany
6.4.3.1 Germany Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.4 France
6.4.4.1 France Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.5 Italy
6.4.5.1 Italy Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.6 Spain
6.4.6.1 Spain Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.7 Denmark
6.4.7.1 Denmark Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.8 Sweden
6.4.8.1 SwedenCell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.4.9 Norway
6.4.9.1 Norway Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5 Asia Pacific
6.5.1 Asia Pacific Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5.2 India
6.5.2.1 India Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5.3 Japan
6.5.3.1 Japan Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5.4 China
6.5.4.1 China Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5.5 Australia
6.5.5.1 Australia Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5.6 South Korea
6.5.6.1 South Korea Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.5.7 Thailand
6.5.7.1 Thailand Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.6 Latin America
6.6.1 Latin America Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.6.2 Brazil
6.6.2.1 Brazil Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.6.3 Mexico
6.6.3.1 Mexico Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.6.4 Argentina
6.6.4.1 Argentina Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.6.5 Colombia
6.6.5.1 Colombia Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.7 MEA
6.7.1 MEA Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.7.2 South Africa
6.7.2.1 South Africa Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.7.3 Saudi Arabia
6.7.3.1 Saudi Arabia Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.7.4 UAE
6.7.4.1 UAE Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
6.7.5 UAE
6.7.5.1 UAE Cell And Gene Therapy Clinical Trials Market, 2024 & 2033
Chapter 7 Company Profiles
7.1 Company Profiles
7.1.1 ICON Plc
7.1.1.1 Company Overview
7.1.1.2 Financial Performance
7.1.1.3 Product Benchmarking
7.1.1.4 Strategic Initiatives
7.1.2 IQVIA
7.1.2.1 Company Overview
7.1.2.2 Financial Performance
7.1.2.3 Product Benchmarking
7.1.2.4 Strategic Initiatives
7.1.3 LABORATORY CORPORATION OF AMERICA HOLDINGS
7.1.3.1 Company Overview
7.1.3.2 Financial Performance
7.1.3.3 Product Benchmarking
7.1.3.4 Strategic Initiatives
7.1.4 SYNEOS HEALTH
7.1.4.1 Company Overview
7.1.4.2 Financial Performance
7.1.4.3 Product Benchmarking
7.1.4.4 Strategic Initiatives
7.1.5 CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
7.1.5.1 Company Overview
7.1.5.2 Financial Performance
7.1.5.3 Product Benchmarking
7.1.5.4 Strategic Initiatives
7.1.6 MEDPACE HOLDINGS, INC.
7.1.6.1 Company Overview
7.1.6.2 Financial Performance
7.1.6.3 Product Benchmarking
7.1.6.4 Strategic Initiatives
7.1.7 PPD, INC.
7.1.7.1 Company Overview
7.1.7.2 Financial Performance
7.1.7.3 Product Benchmarking
7.1.7.4 Strategic Initiatives
7.1.8 PAREXEL INTERNATIONAL Corporation
7.1.8.1 Company Overview
7.1.8.2 Financial Performance
7.1.8.3 Product Benchmarking
7.1.8.4 Strategic Initiatives
7.1.9 NOVOTECH
7.1.9.1 Company Overview
7.1.9.2 Product Benchmarking
7.1.9.3 Strategic Initiatives
7.1.10 VERISTAT, LLC
7.1.10.1 Company Overview
7.1.10.2 Product Benchmarking
7.1.10.3 Strategic Initiatives
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers