Australia Cell And Gene Therapy Clinical Trials Market Size & Outlook

The cell and gene therapy clinical trials market in Australia is expected to reach a projected revenue of US$ 251.3 million by 2030. A compound annual growth rate of 15.4% is expected of Australia cell and gene therapy clinical trials market from 2024 to 2030.
Revenue, 2023 (US$M)
$92.1
Forecast, 2030 (US$M)
$251.3
CAGR, 2024 - 2030
15.4%
Report Coverage
Australia

Australia cell and gene therapy clinical trials market, 2018-2030 (US$M)

Australia

Australia cell and gene therapy clinical trials market highlights

  • The Australia cell and gene therapy clinical trials market generated a revenue of USD 92.1 million in 2023 and is expected to reach USD 251.3 million by 2030.
  • The Australia market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
  • In terms of segment, phase ii was the largest revenue generating phase in 2023.
  • Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.


Cell and gene therapy clinical trials market data book summary

Market revenue in 2023USD 92.1 million
Market revenue in 2030USD 251.3 million
Growth rate15.4% (CAGR from 2023 to 2030)
Largest segmentPhase ii
Fastest growing segmentPhase I
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhase I, Phase II, Phase III, Phase IV
Key market players worldwideIQVIA Holdings Inc, Icon PLC, Labcorp Holdings Inc, Charles River Laboratories International Inc, PAREXEL, Syneos Health, Medpace Holdings Inc, Thermo Fisher Scientific Inc, Veristat, Novotech


Other key industry trends

  • In terms of revenue, Australia accounted for 1.0% of the global cell and gene therapy clinical trials market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China cell and gene therapy clinical trials market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 878.9 million by 2030.

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Cell And Gene Therapy Clinical Trials Market Companies

Name Profile # Employees HQ Website

Australia cell and gene therapy clinical trials market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell and gene therapy clinical trials market will help companies and investors design strategic landscapes.


Phase ii was the largest segment with a revenue share of 56.57% in 2023. Horizon Databook has segmented the Australia cell and gene therapy clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.


Cancer is the leading cause of total injury and burden of disease in Australia. Owing to developed clinical research infrastructure, cost-efficiency, and presence of national policies that support clinical research. Due to coronavirus pandemic, the Australian National Health and Medical Research Council (NHMRC) has released COVID-19 guidance on clinical trials for institutions, researchers, and sponsors.

It accepts & encourages the use of digital strategies to continue clinical trials during the pandemic. The last broad suggestion by NHMRC creates the way for technology & life sciences industries to collaborate & create novel methods to use technologies in clinical trials as long as they protect against infection, safeguard people’s health & reduce burden in taking part in clinical trials.

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Target buyers of Australia cell and gene therapy clinical trials market databook

  • Our clientele includes a mix of cell and gene therapy clinical trials market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia cell and gene therapy clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Australia cell and gene therapy clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia cell and gene therapy clinical trials market size, by phase, 2018-2030 (US$M)

Australia Cell And Gene Therapy Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)

Australia cell and gene therapy clinical trials market size, by phase, 2018-2030 (US$M)

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