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ADVANCED THERAPY MEDICINAL PRODUCTS MARKET ANALYSIS

Advanced Therapy Medicinal Products Market - By Product (Somatic Cell Therapy Products, Cell Therapy and Tissue Engineered Products, and Gene Therapy Medicinal Products), By Diseases (Alzheimer’s, Cystic Fibrosis, Muscular Dystrophies, and Hemophilia) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI1101
  • Formats :
      Excel and PDF
  • Industry : Biotechnology

Market Challenges And Opportunities

The factors that are contributing the growth of advanced therapy medicinal products market are rising prevalence of Alzheimer’s disease. According to Alzheimer’s disease International in 2017, around 50 million people were estimated to suffer from Alzheimer’s disease across the globe. Furthermore, rising demand for gene therapies used in the treatment of ocular, neurodegenerative diseases, and several cancers accompanied by technological advancements in genetic engineering tool such as RNAi  are the factors that are expected to boost the growth of advanced therapy medicinal products market. However, the factors that are hindering the growth of advanced medicinal therapy products market are inadequate transparency, lack of funds, and regulatory guidance for biopharmaceutical companies to manufacture these therapies and products.

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