Gene Therapy Market to Reach $493 Billion by 2032

Market Overview

The global gene therapy market is poised for rapid expansion, with a projected value of $493 billion by 2032. This represents a significant increase from its current size of $56 billion.

Key Market Drivers

The surge in gene therapy demand is attributed to several factors, including:

• Advances in genetic research and technology
• Growing prevalence of rare and genetic diseases
• Increased investment in gene therapy R&D