The U.K. cell and gene therapy research challenges market is estimated to be valued at US$ 848 million in 2021 and is expected to exhibit a CAGR of 23.6% over the forecast period (2021-2028).
The increasing product launches and approvals are expected to drive the market growth over the forecast period.
Figure 1. U.K. Cell and Gene Therapy Research Challenges Market Share (%), By Therapy Type, 2021
The increasing adoption of inorganic growth strategies such as mergers, collaborations, partnerships, and acquisitions by key players in order to strengthen their position in the U.K. market is expected to drive the market growth over the forecast period.
Figure 2. U.K. Cell and Gene Therapy Research Challenges Market Share (%), By Indication, 2021
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