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The gene therapy market was valued at USD 9.59 Billion in 2025. It is poised to grow at a CAGR of 22.80% during the forecast period of 2026-2035, and reach USD 74.78 Billion by 2035. The rising prevalence of genetic disorders and increasing investment in advanced medical research are key drivers of the market.
Base Year
Historical Period
Forecast Period
In April 2026, the FDA accepted Ultragenyx’s resubmitted Biologics License Application for UX111, a gene therapy for Sanfilippo syndrome Type A, a rare genetic disorder with no approved treatments yet. This regulatory milestone highlights progress in rare disease gene therapy development.
In March 2026, AAV2 hAQP1, MeiraGTx’s gene therapy candidate for radiation-induced xerostomia, was granted FDA Breakthrough Therapy Designation, signaling regulatory support for impactful gene therapies.
In November 2025, Novartis’s Itvisma received FDA approval as the first gene replacement therapy for spinal muscular atrophy (SMA) patients aged two and older, expanding treatment options beyond infancy.
Compound Annual Growth Rate
22.8%
Value in USD Billion
2026-2035
*this image is indicative*
The market is rapidly expanding, driven by advancements in genetic engineering, viral and non-viral vector technologies, and the increasing prevalence of rare and inherited diseases. Rising regulatory approvals, growing R&D investments, and improved clinical trial success rates are accelerating adoption. Innovative treatments targeting oncology, genetic disorders, and rare diseases are shaping the market, supporting long-term growth globally. The market reached a value of approximately USD 9.59 Billion in 2025.
Regulatory Support Driving Rare Disease Treatment Market Expansion
Rising demand for innovative treatments and strong regulatory backing are fueling gene therapy adoption. For instance, in April 2026, the FDA accepted Ultragenyx’s resubmitted Biologics License Application for UX111 targeting Sanfilippo syndrome Type A, a rare disorder. This milestone underscores ongoing progress in rare disease gene therapy, encouraging investment, accelerating clinical development, and supporting market growth globally.
Key trends shaping the market include rising rare disease focus, regulatory support, advanced therapies, and gene editing innovations.
Breakthrough Designations Enhancing Market Development
Growing focus on advanced therapies and increasing R&D investments drive market evolution. For instance, in March 2026, MeiraGTx’s AAV2‑hAQP1 gene therapy for radiation-induced xerostomia received FDA Breakthrough Therapy Designation. This regulatory recognition of gene augmentation solutions boosts innovation, validates clinical potential, and strengthens long-term development opportunities across the market.
Market Breakup by Indication
Market Breakup by Vector
Market Breakup by Region
Viral Vectors Expected to Dominate the Market Segment by Vector Type
By vector type, viral vectors dominated the segment in the historical period, accounting for over 74% of the total market share. The preference for viral vectors is driven by their high efficiency in gene transfer, established clinical success, and versatility across multiple indications. This dominance highlights the ongoing reliance on proven delivery systems to accelerate gene therapy development globally.
North America captured approximately 41% of the market during the historical period. Strong regulatory support, high R&D investment, and early adoption of advanced treatments, including rare disease gene therapy, are key drivers. The region continues to lead in clinical trials, commercialization, and technology development, reinforcing its position in the global market.
The key features of the market report comprise patent analysis, clinical trials analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Novartis AG, headquartered in Basel, Switzerland, and founded in 1996, is a global biopharmaceutical leader with extensive gene therapy portfolios, including onasemnogene abeparvovec and Itvisma for spinal muscular atrophy. The company focuses on rare diseases, oncology, and neurologic conditions, leveraging advanced vector and delivery platforms. A recent gene correction milestone is FDA approval of Itvisma for broader spinal muscular atrophy (SMA) patients.
Amgen Inc., established in 1980 and headquartered in Thousand Oaks, California, is a biotechnology firm focused on innovative therapies for oncology, cardiovascular, and rare diseases. While primarily known for biologics and antibody therapies, Amgen’s pipeline includes cutting edge genetic approaches and collaborations to expand its therapeutic reach through in vivo vs ex vivo strategies, along with external innovation partnerships like AAVantgarde and Dark Blue Therapeutics.
bluebird bio, Inc., founded in 2010 and based in Cambridge, Massachusetts, developed gene therapies for sickle cell disease, β thalassemia, and cerebral adrenoleukodystrophy. The company continues to advance its portfolio through regulatory and commercial efforts, despite ongoing financial and operational challenges in the gene therapy sector. It remains focused on rare disease gene therapy delivery despite industry-wide challenges.
Biogen Inc., established in 1978 and headquartered in Cambridge, Massachusetts, is focused on neurological and neurodegenerative disorders. Its gene therapy related efforts include advancing spinal muscular atrophy treatments and optimizing therapeutic regimens. Recent developments, including regulatory progress in SMA therapies, highlight ongoing efforts to enhance outcomes and support the broader gene augmentation landscape.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market are Sibiono GeneTech Co. Ltd., Gilead Sciences, Inc., Sangamo Therapeutics, Inc., Intellia Therapeutics, Inc., REGENXBIO Inc., Abeona Therapeutics Inc., Orchard Therapeutics plc, Sio Gene Therapies Ltd., Ultragenyx Pharmaceutical Inc., Krystal Biotech, Inc., Rocket Pharmaceuticals, Ltd., MeiraGTx Limited., Solid Biosciences Inc., GenSight Biologics S.A., Editas Medicine, Inc., CRISPR Therapeutics AG, Spark Therapeutics, Inc., Genprex, Inc., Poseida Therapeutics, Inc., Astellas Pharma Inc., Voyager Therapeutics, Inc., Coave Therapeutics, Precision BioSciences, Inc., and others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Indication |
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| Breakup by Vector |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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