Russia Cell And Gene Therapy Manufacturing Market Size & Outlook
Russia cell and gene therapy manufacturing market, 2018-2030 (US$M)
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Russia cell and gene therapy manufacturing market highlights
- The Russia cell and gene therapy manufacturing market generated a revenue of USD 150.6 million in 2022 and is expected to reach USD 906.6 million by 2030.
- The Russia market is expected to grow at a CAGR of 25.2% from 2023 to 2030.
- In terms of segment, cell therapy was the largest revenue generating therapy type in 2022.
- Gene Therapy is the most lucrative therapy type segment registering the fastest growth during the forecast period.
Cell and gene therapy manufacturing market data book summary
| Market revenue in 2022 | USD 150.6 million |
| Market revenue in 2030 | USD 906.6 million |
| Growth rate | 25.2% (CAGR from 2022 to 2030) |
| Largest segment | Cell therapy |
| Fastest growing segment | Gene Therapy |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Therapy, Cell Therapy |
| Key market players worldwide | Lonza Group Ltd, Bluebird bio Inc, Catalent Inc, Roche, Samsung BioLogics, Boehringer Ingelheim, Hitachi Ltd, Takara Bio Inc, Miltenyi Biotec, Thermo Fisher Scientific Inc, Novartis AG ADR, Merck KGaA, Wuxi AppTec Co Ltd |
Other key industry trends
- In terms of revenue, Russia accounted for 2.1% of the global cell and gene therapy manufacturing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France cell and gene therapy manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,354.3 million by 2030.
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Cell And Gene Therapy Manufacturing Market Scope
Cell And Gene Therapy Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia cell and gene therapy manufacturing 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 manufacturing market will help companies and investors design strategic landscapes.
Cell therapy was the largest segment with a revenue share of 63.61% in 2022. Horizon Databook has segmented the Russia cell and gene therapy manufacturing market based on gene therapy, cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The Russian healthcare and pharmaceutical markets have huge potential for stem cell studies & clinical trials owing to large clinical trial participation, favorable currency exchange rates, and quick patient enrollment. Quick patient enrollment is important for early phase trials to facilitate faster project initiation.
Moreover, constant government support coupled with rapid advancements in the cell & gene therapy manufacturing field is contributing to regional growth. The federal law on biomedical cell products, which came into effect in 2017, was introduced in Russia permitting the use of living cells for therapy.
This law would further boost the development of biomedical research, and patients would receive effective treatment with the use of artificially grown cells. However, owing to the current invasion of Ukraine by Russia, several countries have imposed restrictions against Russia and most private companies have removed their services from the country.
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Target buyers of Russia cell and gene therapy manufacturing market databook
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Our clientele includes a mix of cell and gene therapy manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Russia cell and gene therapy manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Russia cell and gene therapy manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia cell and gene therapy manufacturing market size, by therapy type, 2018-2030 (US$M)
Russia Cell And Gene Therapy Manufacturing Market Outlook Share, 2022 & 2030 (US$M)
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