Japan Gene Therapy Market Size & Outlook, 2023-2030
The gene therapy market in Japan is expected to reach a projected revenue of US$ 475.7 million by 2030. A compound annual growth rate of 10.8% is expected of Japan gene therapy market from 2024 to 2030.
The Japan gene therapy market generated a revenue of USD 232.0 million in 2023 and is expected to reach USD 475.7 million by 2030.
The Japan market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
In terms of segment, other vector type was the largest revenue generating vector type in 2023.
Lentivirus is the most lucrative vector type segment registering the fastest growth during the forecast period.
Gene therapy market data book summary
Market revenue in 2023
USD 232.0 million
Market revenue in 2030
USD 475.7 million
Growth rate
10.8% (CAGR from 2024 to 2030)
Largest segment
Other vector type
Fastest growing segment
Lentivirus
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Lentivirus, Non-viral Plasmid Vector, Other Vector Type
Key market players worldwide
Regenxbio Inc, Oxford Biomedical Research, Bristol-Myers Squibb Co, Sanofi SA, Ultragenyx Pharmaceutical Inc, Roche Holding AG ADR, Bluebird bio Inc, Novartis AG ADR, UniQure NV, Cellectis SA, Sangamo Therapeutics Inc, Benitec Biopharma Inc, SiBiono GeneTech, Transgene SA, Gensight Biologics SA, Astellas Pharma Inc
Other key industry trends
In terms of revenue, Japan accounted for 2.7% of the global gene therapy market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, Japan gene therapy market is projected to lead the regional market in terms of revenue in 2030.
Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 246.2 million by 2030.
Owing to the rising demand for gene therapy products and the presence of enthusiastic investors, Japan gene therapy market is considered one of the emerging markets in Asia Pacific. Takara Bio—a Japanbased company—is a major player in gene therapy.
In May 2020, the company expanded its Center for Gene and Cell Processing with the construction of a new facility in Shiga, Japan. This facility is dedicated to the manufacturing of gene therapy products.
The presence of such companies with strong product portfolios is anticipated to fuel the growth of Japan market. In addition, several local companies such as Daiichi Sankyo and Takeda Pharmaceuticals are engaged in capitalizing on opportunities by undertaking various initiatives such as partnerships and acquisitions.
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 Gene Therapy Market Outlook will help companies and investors design strategic landscapes.
Other Vector Type was the largest segment with a revenue share of 70.91% in 2023.
Horizon Databook has segmented the Japan gene therapy market based on lentivirus, non-viral plasmid vector, other vector type covering the revenue growth of each sub-segment from 2018 to 2030.
Owing to the rising demand for gene therapy products and the presence of enthusiastic investors, Japan gene therapy market is considered one of the emerging markets in Asia Pacific. Takara Bio—a Japanbased company—is a major player in gene therapy.
In May 2020, the company expanded its Center for Gene and Cell Processing with the construction of a new facility in Shiga, Japan. This facility is dedicated to the manufacturing of gene therapy products.
The presence of such companies with strong product portfolios is anticipated to fuel the growth of Japan market. In addition, several local companies such as Daiichi Sankyo and Takeda Pharmaceuticals are engaged in capitalizing on opportunities by undertaking various initiatives such as partnerships and acquisitions.
Japan Gene Therapy Market Vector Type Outlook (Revenue, USD Million , 2018-2030)
Lentivirus
AAV
RetroVirus & gamma RetroVirus
Modified Herpes Simplex Virus
Adenovirus
Non-viral Plasmid Vector
Other Vector Type
Japan Gene Therapy Market Indication Outlook (Revenue, USD Million , 2018-2030)
Acute Lymphoblastic Leukemia (ALL)
Inherited Retinal Disease
Large B-cell Lymphoma
ADA-SCID
Melanoma (lesions)
Beta-Thalassemia Major/SCD
Head & Neck Squamous Cell Carcinoma
Peripheral arterial disease
Spinal Muscular Atrophy (SMA)
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Gene Therapy Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Gene Therapy Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.