Saudi Arabia Gene Therapy Market to Grow with a CAGR of 4.35% through 2030
Surge in research and development activities is
expected to drive the Saudi Arabia Gene Therapy Market growth in the forecast
period, 2026-2030.
According to TechSci Research report, “Saudi Arabia
Gene Therapy Market - By Region and Competition, Forecast & Opportunities,
2030F”, the Saudi Arabia Gene Therapy Market stood at USD 60.26 Million in
2024 and is anticipated to grow with a CAGR of 4.35% through 2030. Initiatives
taken by government based on gene therapy has led to favorable market
conditions for the Saudi Arabia Gene Therapy Market. Several factors contribute
to the growth of various gene therapy products.
The Saudi government has encouraged public-private
partnerships to facilitate the development and commercialization of gene
therapies. By collaborating with both local and international biotech firms,
the government is creating an environment conducive to the advancement of gene
therapy technologies. These partnerships are intended to reduce the cost burden
on the healthcare system and improve the accessibility of gene therapies. Additionally,
they foster knowledge exchange and skill-building, enhancing the capabilities
of the local healthcare workforce in the field of genetic medicine.
Technological advancements in gene editing have also been a significant driver of the surge in R&D activities within the Saudi Arabia gene therapy market. Tools such as CRISPR-Cas9 have revolutionized gene therapy by enabling precise modifications to the genetic material of patients. Saudi researchers are increasingly incorporating these state-of-the-art techniques into their R&D activities, which in turn is driving innovation in gene therapy solutions.
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The Saudi Arabia Gene Therapy Market is segmented into
type, application, regional distribution, and company.
Based on Type, Gene Silencing have
emerged as the dominating segment in the Saudi Arabia Gene Therapy Market in
2024. Gene silencing has emerged as the dominating segment in the Saudi Arabia
gene therapy market due to its ability to target and suppress the expression of
harmful genes responsible for various genetic disorders and diseases. This
therapeutic approach involves using techniques such as RNA interference (RNAi)
or antisense oligonucleotides (ASOs) to silence or downregulate specific genes,
offering a highly targeted and effective solution for treating conditions
caused by abnormal gene activity. The increasing dominance of gene silencing
can be attributed to several key factors, including its versatility, broad
application potential, and the significant advancements in gene therapy
technologies.
Based on Region, Western have emerged as the fastest
growing region in the Saudi Arabia Gene Therapy Market in 2024. One of the
primary reasons for the Western region’s rapid growth in the gene therapy
market is its robust healthcare infrastructure, particularly in cities like
Jeddah and Mecca, which are home to some of the country’s most prominent
medical institutions. These cities have seen significant investments in
healthcare facilities, research centers, and specialized medical services,
creating a conducive environment for the adoption of advanced treatments such
as gene therapy. With world-class hospitals and a growing number of research
partnerships, the Western region has positioned itself as a hub for medical
innovation, including gene-based therapies.
Major companies operating in Saudi Arabia Gene Therapy
Market are:
- Vertex Pharmaceuticals (Europe) Limited
- CRISPR Therapeutics AG
- Merck Limited
- Medical Business Center Co.
- Salehiya Medical
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“Nanotechnology is not only enhancing gene therapy
delivery but also improving diagnostic techniques for genetic diseases.
Nanomaterials, such as gold nanoparticles, can be used in highly sensitive
biosensors that detect genetic mutations at very low concentrations. This can
lead to earlier and more accurate diagnoses of conditions that could be treated
with gene therapy. In Saudi Arabia, where genetic disorders such as thalassemia
are prevalent, the application of nanotechnology in diagnostics is key to
enabling timely intervention and personalized treatment plans”, said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Saudi Arabia Gene Therapy Market By Type
(Gene Augmentation, Gene Silencing, Others), By Application (Oncological
Diseases, Genetic Diseases, Cardiovascular Diseases, Neuromuscular Diseases,
Hematological Diseases, Infectious Diseases, Others), By Region and
Competition, Forecast & Opportunities, 2020-2030F”, has evaluated
the future growth potential of Saudi Arabia Gene Therapy Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Saudi Arabia Gene Therapy Market.
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