United States Gene Therapy on Neurological Diseases Market was valued at USD 3.8 Billion in 2022 and is projected to reach USD 15.2 Billion by 2030, growing at a CAGR of 19.0% from 2024 to 2030.
The US Gene Therapy on Neurological Diseases Market is rapidly evolving as innovations in gene-based treatments promise a new era for managing various neurological disorders. This market has seen a surge in demand, driven by the growing need for effective treatments for conditions such as Alzheimer's, Parkinson's, Huntington's disease, and other chronic neurological disorders that affect millions of people worldwide.
Gene therapy aims to treat or prevent disease by introducing, removing, or altering genetic material within a patient's cells. The neurological diseases segment within gene therapy has attracted significant attention due to the vast unmet need for better treatment options. Traditional therapies for neurological diseases often fail to provide long-term relief or can have severe side effects. With gene therapy, there is the potential for targeted and personalized treatments that directly address the genetic roots of these conditions.
One of the driving forces behind the US Gene Therapy on Neurological Diseases Market is the increasing investment in research and development. Companies and biotech firms are focusing on gene-editing technologies, such as CRISPR, to develop more effective treatments for neurological disorders. The clinical trials are being closely monitored, with some promising results already paving the way for approval from regulatory bodies like the FDA. Notably, the market is being fueled by advancements in delivery mechanisms, allowing for precise targeting of genes to affected areas in the brain and central nervous system.
The need from industries is vast, as pharmaceutical companies, healthcare providers, and research institutions recognize the market's potential. There is a growing interest in collaboration and partnership across different sectors, especially in gene-editing tools, regulatory frameworks, and advanced manufacturing techniques. The potential for cost-effective solutions also excites investors, who are eager to back the growth of gene therapies designed for neurological conditions. Furthermore, the rise in awareness of neurological disorders and a growing focus on personalized medicine continue to contribute to the market's expansion.
As the US Gene Therapy on Neurological Diseases Market continues to mature, both the healthcare and biotechnology industries are positioning themselves to capitalize on the groundbreaking treatments that will define the future of neurological disease management.
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Biogen
Novartis
Sarepta Therapeutics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Gene Therapy on Neurological Diseases Market
Antisense Oligonucleotides
Adeno-associated Virus Vectors
CRISPR-based Gene Editing
DNA Plasmid
Parkinson’s Disease
Alzheimer’s Disease
Huntington’s Disease
Amyotrophic Lateral Sclerosis (ALS)
Multiple Sclerosis
Viral Delivery
Non-viral Delivery
Therapeutic Gene Therapy
Preventive Gene Therapy
Hospitals
Research Institutes
Pharmaceutical and Biotech Companies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Gene Therapy on Neurological Diseases Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Gene Therapy on Neurological Diseases Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Gene Therapy on Neurological Diseases Market, By Type
6. US Gene Therapy on Neurological Diseases Market, By Application
7. US Gene Therapy on Neurological Diseases Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Gene Therapy on Neurological Diseases Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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