Genome Editing Market By Reports And Data
Genome Editing Market Growth, Share,
Demand and Analysis of Key Players
Forecasts to 2027
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Market Summary
Increasing genomic research across the globe coupled
with high incidence of target diseases is expected to
stimulate market growth
Genome Editing Market Size – USD 3.8 billion in
2018, Market Growth - CAGR of 14.8%, Market Trends
– Partnerships and research for advanced genetic
engineering technologies
M a Orkuetr S Aumpmparroyach
The global Genome Editing market is expected to reach USD 10.1 billion by 2026, according to a new report
by Reports and Data. Genome editing refers to a genetic engineering method used for insertion, deletion, or
modification in the genome of any organism. Genome editing has come up as promising tool with wide scale
application of established genetic engineering technologies such as TALEN and introduction of new methods
such as CRISPR technology.
The market is driven by the increasing incidence of genetic diseases, favorable funding scenario for research
& development in the field of genetic engineering, technological advancements in genetic engineering such as
developments in CRISPR technology, increasing focus of food industry on genetically modified organisms, and
rising awareness about efficacy as well applications of genetic engineering methods. For instance, globally
over 175 million hectares of land is used for GM crops production. However, stringent regulatory scenario
and ethical concerns for gene editing research and applications and concerns among end users regarding use
of gene alteration therapies are likely to hinder the market growth during the forecast period.
Key participants include Thermo Fisher Scientific Inc., Merck KGaA, GenScript, Horizon Discovery
Group Plc, Integrated DNA Technologies, Inc, Lonza, New England Biolabs and Sangamo Therapeutics,
Inc.
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M a r kOeut Sru Ampmparyoach
For the purpose of this report, Reports and Data has segmented the Genetic Editing market on the
basis of type, application, end user and region:
Type Outlook (Revenue, USD Million, 2016 - 2026)
• Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)
• Transcription Activator-Like Effector Nucleases (TALEN)
• Zinc Finger Nucleases (ZFN)
• Others
Application Outlook (Revenue, USD Million, 2016 - 2026)
• Animal Genetic Engineering
• Therapeutic Application
• Genetically Modified Organisms
• Plant Genetic Engineering
• Cell Line Engineering
M a r kOeut Sru Ampmparyoach
End User Outlook (Revenue, USD Million, 2016 - 2026)
Pharma-Biotech Companies
Academic Institutes & Research Center
Agrigenomic Companies
Contract Research Organizations
Regional Outlook (Revenue, USD Million, 2016 - 2026)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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M a r kOeut Sru Ampmparyoach
Further key findings from the report suggest
CRISPR market is rising at a high growth rate of 30.9 percent in Asia Pacific followed by North America and
Europe. Rising application of genetic engineering for therapeutics will drive the demand for the market
during forecast period across all regions.
The valuation for TALEN market was USD 1.79 billion in 2018 and is expected to grow to USD 2.01 billion by
2026. Benefits associated with TALEN high degrees of precision and control, is the key factor supporting the
wide-scale adoption of the technology and consequently contributing to the market growth.
Asia Pacific is expected to witness a CAGR of 15.8 percent in the forecast period. Emerging markets such
China and Japan are likely to witness high growth
Regional regulatory approval is another key regulatory factor for adoption and growth of genetic editing in
the region.
Key participants include Thermo Fisher Scientific Inc., Merck KGaA, GenScript, Horizon Discovery
Group Plc, Integrated DNA Technologies, Inc, Lonza, New England Biolabs and Sangamo Therapeutics,
Inc.
Read More @ https://www.reportsanddata.com/report-detail/genome-editing-market
A b oOuutr U Aspproach
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