Cell & Gene Therapy Bioanalytical Testing Services Market Size to Hit USD 1.19 Bn by 2033 – BioSpace

Posted: May 24, 2024 at 2:43 am

According to latest study, the global cell & gene therapy bioanalytical testing services market size was estimated at USD 585.19 million in 2023 and is projected to hit around USD 1,194.92 million by 2033, growing at a CAGR of 7.4 % during the forecast period from 2024 to 2033.

The emergence and proven efficacy of novel modalities such as cell and gene therapies have significant growth in the pharmaceutical industry. This growth is derived by substantial investments from drug developers, particularly in areas like rare diseases and immune oncology, where these therapies have demonstrated notable success.

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Cell & Gene Therapy Bioanalytical Testing Services Market Overview

The rapid growth of the cell and gene therapy bioanalytical testing services market is driven by the potential of these therapies to revolutionize treatment across a spectrum of diseases, from cancer to genetic deficiencies. This innovation necessitates new considerations for clinical testing, prompting biopharmaceutical developers to seek quality laboratory testing partners or subject matter experts (SMEs) to navigate the unique challenges of bioanalytical testing in this domain. Such partnerships are essential for driving innovation and ensuring successful development programs as they progress towards regulatory approval.

Gene and cell therapies, utilizing viral or non-viral vectors, present distinct challenges, with gene therapies classified into gene correction, gene editing, and oncolytic virus therapies, while cell therapies encompass adoptive cell and stem cell therapies. Consequently, specialized expertise in CGT solutions and services is crucial, particularly in areas like pharmacokinetics (PK), immunogenicity, and pharmacodynamics (PD) biomarker analysis, where advanced techniques and meticulous care are paramount.

Cell & Gene Therapy Bioanalytical Testing Services Market Key Takeaways

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Cell & Gene Therapy Bioanalytical Testing Services Market Dynamics

Driver

Increasing research and development

The increasing growth of gene and cell therapies in treating previously incurable diseases is the beginning of a transformative era in healthcare. With pharmaceutical companies heavily investing in research and development to unlock the full potential of this field, a surge of new gene and cell therapy products is entering early development stages. Rising trends in research, product releases, and patent applications becomes crucial for identifying global innovation patterns and seizing commercial opportunities. As companies strive to make informed decisions about resource allocation, the demand for specialized cell and gene therapy bioanalytical testing services is escalating. These services play a vital role in ensuring the safety, efficacy, and regulatory compliance of innovative therapies, thus driving the growth of this dynamic market segment.

Restraint

Scalability Challenges

The scalability of cell and gene therapy manufacturing emerges as a pivotal challenge hindering market growth. Manual labor-intensive processes contribute to time and cost inefficiencies, making manufacturing both laborious and expensive. Intricate nature of these therapies, their production remains notoriously costly, thereby limiting accessibility for patients and impeding scalability. The cell and gene therapy bioanalytical testing services market experience constraints as the industry grapples with overcoming these scalability hurdles.

Opportunity

Evolution of Cell and Gene Therapy

The gene editing techniques and transgene delivery systems is revolutionizing patient care, with promising outcomes across various disease domains, including rare diseases and challenging cancers. As the gene and cell therapy field continues to evolve, scientists recognize the need for personalised quantitative measurements specific to their drug programs. This demand for advanced analytics extends beyond traditional methods like chromatography and ligand binding assays. An opportunity arises for the cell and gene therapy bioanalytical testing services market to meet the evolving needs of drug developers by offering innovative solutions and cutting-edge technologies, thereby facilitating further advancements in this burgeoning field.

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By Test Type

The bioavailability & bioequivalence studies dominated the market with a share of 35.22% in 2023, holding a significant share and poised for rapid growth in the forecast period. These studies play a critical role in assessing the in vivo biological equivalence of different proprietary preparations of a drug, ensuring consistency and effectiveness. Bioequivalence studies ascertain whether two pharmaceutical products are essentially interchangeable, while bioavailability studies measure the concentration of a drug in the plasma or blood over time following a systematic protocol. As pharmaceutical companies strive for quality assurance and regulatory compliance, the demand for these essential tests continues to escalate, driving growth in the market segment.

The pharmacokinetic segment is anticipated to experience significant growth throughout the forecast period. Pharmacokinetics, a pivotal field within pharmaceuticals, focuses on understanding how drugs move within the body and how the body interacts with these drugs. Through the application of terms, theories, and equations, practitioners can accurately estimate drug concentrations in various bodily regions. As the importance of pharmacokinetic testing continues to be recognized in drug development and clinical practice, the demand for these services is expected to rise steadily in the coming years.

By Stage of Development Product Type Insights

The non-clinical segment dominated the market with a market share of 66.12% in 2023 and is also expected to witness the fastest growth at a CAGR of 7.5% during the forecast period and poised for rapid growth in the forecast period within the Stage of Development Product Type category. These studies encompass a range of protocols, including animal studies conducted in accordance with Good Laboratory Practice (GLP) regulations. As pharmaceutical companies prioritize safety and efficacy in drug development, the demand for robust non-clinical studies is expected to continue its upward trajectory, driving growth in this market segment.

The clinical segment is poised for growth in the forecast period within the Stage of Development Product Type category. Clinical, comprising three key phases, serve as pivotal stages in the development of new medicines, ensuring their safety, efficacy, and optimal dosage forms before they can be approved for patient use. These are designed to determine the optimal dosage, formulation, safety profile, absorption characteristics, and therapeutic effectiveness of a drug. As pharmaceutical companies strive to bring innovative treatments to market while adhering to rigorous regulatory standards, the demand for clinical trial services is expected to increase, driving growth in this segment.

By Indication Insights

The oncology segment dominated the market and accounted for the largest revenue share of 49.85% in 2023, capturing the largest revenue share within the indication category. Cell and gene therapies represent a revolutionary approach in cancer treatment. These therapies operate by modifying the DNA of a patient's existing cells, providing them with new instructions to detect and combat cancer. By binding the inherent capabilities of the immune system, cell and gene therapies offer a promising avenue for more effective and personalized cancer treatment strategies. As research in this field continues to advance and more therapies gain regulatory approval, the oncology segment is expected to maintain its stronghold in the market.

The rare diseases segment is poised for rapid growth during the forecast period within the indication category. Cell and gene therapies have demonstrated notable efficacy, in addressing clinical indications associated with rare diseases. These therapies hold promise for patients with serious or life-threatening rare diseases by targeting the underlying cause of the condition, rather than merely alleviating symptoms. As research and development efforts continue to expand in this area and more therapies advance through clinical trials, the rare diseases segment is expected to experience significant growth, providing new hope for patients and caregivers alike.

By Product Type Insights

The cell therapy segment dominated the product segment market with a market share of 42.19% in 2023, capturing a significant market share. The potential applications of cell therapies are vast and encompass a wide range of medical conditions, including cancers, autoimmune diseases, urinary problems, infectious diseases, joint cartilage damage, spinal cord injuries, immune system deficiencies, and neurological disorders. Cell therapy encompasses a diverse array of approaches, including both stem cell- and non-stem cell-based therapies, as well as unicellular and multicellular therapies. As research and development in cell therapy continue to advance, fueled by promising clinical outcomes, the market for these innovative treatments is expected to witness sustained growth.

The gene-modified cell therapy segment is poised for the fastest growth during the forecast period within the product category. These therapies, often referred to as Ex Vivo gene therapies, involve modifying cells outside the patient's body and then reintroducing them to combat the disease, as seen in Chimeric antigen receptor T-cell (CAR T-cell) therapy for cancers. Gene-modified cell therapy entails precisely modifying cells ex vivo to enhance the patient's ability to fight the disease, representing a promising frontier in personalized medicine. As advancements in genetic engineering continue to drive innovation in this field, the gene-modified cell therapy market is expected to experience significant growth.

Regional Insights

North America dominated the cell & gene therapy bioanalytical testing services market and accounted for the largest revenue share of 40.56% in 2023, capturing the largest revenue share. Despite the FDA's approval of only a handful of gene therapy treatments, numerous ongoing studies indicate a burgeoning interest in this field. Gene therapy is currently under investigation for a wide array of diseases, including cancer, heart disease, cystic fibrosis, sickle cell disease, and haemophilia A. CAR-T cell therapies stand out as the primary technology utilized in the pipeline of genetically modified cell therapies, representing 52%, followed by a diverse range of technologies grouped under the "other" category at 27%. Notably, 97% of CAR-T cell therapies are focused on cancer indications, with a minority targeting non-oncology areas such as scleroderma, HIV/AIDS, and autoimmune disease. The robust pipeline of cell and gene therapies in the US underscores significant scientific advancements, raising questions about the extent to which these innovations will translate into tangible progress within the US healthcare system.

The Asia Pacific region is poised to experience the fastest CAGR of 7.8% growth in the cell and gene therapy sector during the forecast period. Recent developments in this space across countries like Singapore, China, South Korea, and Japan have been remarkable, with these nations emerging as dynamic hubs for pioneering research. Significant investments from governments and institutions have facilitated the establishment of state-of-the-art facilities and the adoption of cutting-edge technologies. As Asia Pacific continues to make strides in this field, it presents lucrative opportunities for collaboration and innovation in the global healthcare landscape.

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Cell & Gene Therapy Bioanalytical Testing Services Market Recent Developments

Cell & Gene Therapy Bioanalytical Testing Services Market Top Key Companies:

Cell & Gene Therapy Bioanalytical Testing Services Market Report Segmentation

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 & Gene Therapy Bioanalytical Testing Services market.

By Test Type

By Product Type

By Stage of Development by Product Type

By Indication

By Region

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Cell & Gene Therapy Bioanalytical Testing Services Market Size to Hit USD 1.19 Bn by 2033 - BioSpace

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