Japan Gene Therapy Market Share, Trends, Price, Growth, Opportunity and Forecast 2023-2028
- ravinder imarc
- Oct 6, 2023
- 3 min read
According to the latest report by IMARC Group, titled “Japan Gene Therapy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” provides an extensive analysis of the industry, including Japan gene therapy market growth, share, trends, and business opportunities. The report also covers competitor and regional analysis and the latest advancements in the market. The Japan gene therapy market is projected to exhibit a growth rate (CAGR) of 16.8% during 2023-2028.
Japan Gene Therapy Market Overview:
Gene therapy is an innovative and evolving medical technique focused on modifying or manipulating genes to treat or prevent diseases. The methodology involves either replacing a mutated gene with a healthy copy, deactivating or "knocking out" a mutated gene that is functioning improperly, or introducing a new gene to fight a disease. Gene therapies are categorized into somatic cell therapy and germline therapy. The former targets somatic cells, which are not passed on to future generations, while the latter alters genes in germ cells, producing a hereditary impact. It offers several advantages, including the potential for a one-time, curative treatment for certain conditions, the capacity to target diseases with no existing treatment, and the possibility of personalized medicine tailored to individual genetic makeup.
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Japan Gene Therapy Market Growth:
Japan's gene therapy market is majorly driven by the region’s robust healthcare infrastructure that provides a conducive environment for advanced therapies. Additionally, Japan's regulatory framework is more flexible than other countries, facilitating easier market entry. Along with this, an aging population increases the demand for effective treatments for age-related diseases, many of which could be addressed by gene therapy.
In line with this, the growing acceptance of personalized medicine boosts interest in gene therapy as a targeted solution. Apart from this, continual technological advancements in delivery vectors are enhancing the efficacy and safety of gene therapies, further impacting the market. Furthermore, partnerships between pharmaceutical companies and research institutions are catalyzing the development of new therapies. Therefore, it is creating a positive market outlook. Some of the other factors include rising awareness and patient advocacy, the growing government's focus on attracting foreign investments, and the advent of CRISPR technology.
Key Market Segmentation:
Gene Type Insights:
Antigen
Cytokine
Tumor Suppressor
Suicide Gene
Deficiency
Growth Factors
Receptors
Others
Vector Type Insights:
Viral Vector
Adenoviruses
Lentiviruses
Retroviruses
Adeno-Associated Virus
Herpes Simplex Virus
Poxvirus
Vaccinia Virus
Others
Non-Viral Techniques
Naked and Plasmid Vectors
Gene Gun
Electroporation
Lipofection
Others
Delivery Method Insights:
In-Vivo Gene Therapy
Ex-Vivo Gene Therapy
Application Insights:
Oncological Disorders
Rare diseases
Cardiovascular Diseases
Neurological Disorders
Infectious Disease
Others
Breakup by Region:
Kanto Region
Kinki Region
Central/Chubu Region
Kyushu-Okinawa Region
Tohoku Region
Chugoku Region
Hokkaido Region
Shikoku Region
Competitive Landscape:
The report also examines the competitive landscape within the market and offers comprehensive profiles of major key players.
Key Highlights of the Report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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