Gene Editing Market size reached USD 5.1 billion in 2021 and is expected to reach USD 19.17 billion by 2029, growing at a CAGR of 18 % during the forecast period.
Gene Editing Market Overview
The report on Gene Editing Market provides a comprehensive overview, encompassing market segmentation based on Segmentation and region. It estimates the market’s value for the forecasted period, highlighting major opportunities, CAGR, and annual growth rate.
Gene Editing Market Report Scope and Research Methodology
The research for this report incorporates a comprehensive market segmentation, covering type, application, form, and region of the Gene Editing Market. It estimates the market in terms of USD value for the forecasted period, providing major opportunities, Compound Annual Growth Rate (CAGR), and annual growth rate. The report adopts a bottom-up approach to accurately estimate the Gene Editing Market size. Data from both international and domestic markets are analysed, including landscape analysis, trade insights, and key regions of development, ensuring a thorough market analysis. Additionally, the report includes product development details, such as current technologies, new product launches, and research and development activities, all of which contribute to market growth. For a deeper understanding of market strategies, business segmentation, and the geographic region of major players, the report offers an in-depth analysis.
Gene Editing Market Regional Insights
North America dominated the largest market share in 2022 and is expected to significantly grow during the forecast period. Asia Pacific is a fast-growing region in a Gene Editing market. Europe expected a sustainable growth during the forecast period.
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Gene Editing Market Segmentation:
1.Gene Editing Market, by Technology (2023-2029)
• CRISPR
• TALEN
• ZFN
• Antisense
• Other technologies
During the projection period, the CRISPR segment is anticipated to expand at a CAGR of 18.6%. In contrast to other technologies, this category is straightforward, user-friendly, and reasonably priced. The opportunity for the gene editing market segment will increase due to the rising demand for CRISPR/Cas9 for genome analysis to discover genetic abnormalities and medical innovation.
2.Gene Editing Market, by Application (2023-2029)
• Cell line Engineering
• Genetic Engineering
• Other Applications
Due to expanding demand for animal products for feed additives, healthy livestock, and other supplies, as well as increased consumption of dairy products made from domestic animals, the animal genetic engineering sector will account for around 29% of the market by 2021. Researchers can investigate and choose desired animal breeds using animal genetic engineering to gather data on biological processes and applications. During the forecast period, the gene editing market segment would benefit from increased research into and usage of animal gene editing. There is a significant emphasis on the genetic treatment of animal diseases because to the fact that some animal diseases are communicable to humans. Due to the increased use of animal products like milk, it is crucial to treat this condition.
3.Gene Editing Market, by End User (2023-2029)
• Biotechnology & Pharmaceutical Companies
• Academic & Research Institutes
• Contract Research Organizations
The increasing government funding and subsidies for research studies are predicted to cause the research institutes segment to grow at a CAGR of more than 17.8% during the forecast period. Growth will also be aided by the increasing global demand for pharmaceutical breakthroughs to address diverse genetic and uncommon disorders. The market for gene editing is predicted to rise as research attempts to alter the genes of living things and advance our understanding of gene function increase.
Gene Editing Market Key Players:
1. Thermo Fisher Scientific (US)
2. Horizon Discovery Group (UK)
3. Merck (Germany)
4. Genscript (US)
5. Integrated DNA Technologies (US)
6. Sangamo Biosciences (US)
7. Lonza (Switzerland)
8. Origene Technologies (US)
9. New England Biolabs (US)
10. Transposagen Biopharmaceuticals (US)
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Key questions answered in Gene Editing Market are:
- Who are the key players in the Gene Editing market?
- What is the demand pattern for the Gene Editing market?
- What is the expected Gene Editing Market size by the end of the forecast period?
- What are the global trends in the Gene Editing Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Gene Editing Market?
- How is the intervention from regulatory authority is shaping the Gene Editing Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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