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The cell and gene therapy market size is forecast to increase by USD 6.56 billion at a CAGR of 14.76% between 2023 and 2028. The market is experiencing significant growth due to the increasing prevalence of chronic diseases, leading to a swell in demand for innovative treatments. This includes both cell replacement and gene augmentation therapies. Strategic alliances between industry players and academic institutions are driving advancements in biomanufacturing and single-use technology, streamlining production processes and reducing costs. However, high costs and the failure rate in clinical trials remain challenges, necessitating continued investment in research and development to ensure the long-term success of this rapidly evolving industry. Apheresis technology, which enables the selective removal of specific cells from the bloodstream, is a critical component of cell culture and gene therapy, enabling the collection and processing of therapeutic cells. The clinical pipeline for cell and gene therapies is strong, with numerous potential treatments in various stages of development.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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