Gene Therapy Market Size

Gene Therapy Market size was valued at USD 10.71 billion in 2024 and is likely to cross USD 122.27 billion by 2037, registering more than 20.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of gene therapy is estimated at USD 12.48 billion.

The market is expanding due to the rise in cancer patients and deaths associated with the disease highlighting the need for effective therapeutic alternatives. The World Health Organization predicts that there will be over 35 million new cases of cancer in 2050, up 77% over the 20 million cases expected in 2022. Furthermore, WHO anticipated that high HDI nations will see the most absolute increases in incidence, with an extra 4.8 million new cases estimated in 2050 compared to estimates for 2022.