Genome Editing Market Overview
The Genome Editing Market is undergoing significant changes, driven by technological advancements and shifting consumer preferences. As businesses navigate this ever-changing landscape, our comprehensive overview serves as a valuable resource to facilitate informed decisions and capitalize on emerging opportunities.
Market Values:
The Genome Editing Market size was valued at USD 7.23 Bn in 2023 and market revenue is growing at a CAGR of 15.8 % from 2023 to 2030, reaching nearly USD 20.19 Bn by 2030.
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Genome Editing Market Report Scope and Research Methodology
The Genome Editing market report provides a comprehensive estimation of market sizes and segments, considering qualitative and quantitative aspects. It examines drivers, challenges, and investment opportunities for stakeholders. The report analyzes major companies’ competitiveness, products, and regional markets. Utilizing primary and secondary research, it offers valuable insights for achieving higher growth in the Genome Editing market. The report analyzes major companies’ competitiveness, products, and regional markets, leveraging primary and secondary research to drive higher growth in the Genome Editing market.
Genome Editing Market Regional Insights
The report offers a comprehensive analysis, encompassing all factors such as market size, growth rate, and import-export activities across different regions. Through regional analysis, we provide detailed examination of the current status of the Genome Editing market in various countries.
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Genome Editing Market Segmentation
by Technology
CRISPR/Cas9
Zinc Finger Nucleases (ZFNs)
TALENs
Others
In 2023, the CRISPR/Cas9 segment is expected to hold a dominant position in the Technology segment of the genome editing market. This technological segment is less complicated, more user-friendly, and more affordable than other methods. The opportunity for the genome editing market segment is increased by the growing demand for CRISPR/Cas9 for the exploration of the genome to identify genetic disorders and its drug discovery. Through gene editing, CRISPR technology is applied to the treatment of cancer. Prominent industry participants like Caribou Biosciences, Takara Bio, and Thermo Fisher Scientific are concentrating on their R&D endeavors to accommodate advancements in the CRISPR/Cas9 technology.
by Application
Cell line engineering
Animal genetic engineering
Plant genetic engineering
Others
Depending on the Use, In 2023, the Genome Editing Market’s Application Segment will be dominated by the Cell-line Engineering segment. Given that stem cell-based cell therapy is a common use for this. The ability to quickly introduce genetic modifications into induced pluripotent stem cells (iPSCs) and correct mutations that cause disease has been made possible by advancements in genome editing. Zinc Finger Nucleases (ZFNs), CRISPR/Cas, and TALENs are examples of recent advancements in editing techniques that have lowered the cost of cell engineering while also streamlining the procedure. These advancements signify a major step forward in the field of genetic modification and its utilization in induced pluripotent stem cells.
by End-user
Biotech and pharma companies
Contract research organizations (CROs)
Research institutes
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Genome Editing Market Key Players
Major Players of Genome Editing in North America
1. Editas Medicine, Inc. (Cambridge, Massachusetts, USA)
2. Intellia Therapeutics, Inc. (Cambridge, Massachusetts, USA)
3. Beam Therapeutics Inc. (Cambridge, Massachusetts, USA)
4. Caribou Biosciences, Inc. (Berkeley, California, USA)
5. Precision Biosciences, Inc. (Durham, North Carolina, USA)
Leading Companies of Genome Editing in Europe
1. Intellia Therapeutics, Inc. (London, United Kingdom)
2. Cellectis S.A (Paris, France)
3. Horizon Discovery Group plc (Cambridge, United Kingdom)
Market Leaders of Genome Editing in Asia Pacific
1. BGI Genomics Co., Ltd (Shenzhen, China)
2. ToolGen, Inc (Seoul, South Korea)
3. GenScript Biotech Corporation (Nanjing, China)
4. Takara Bio Inc. (Shiga, Japan)
5. Biocytogen (Beijing, China)
Dominant Players of Genome Editing in Asia Pacific
1. Thermo Fisher Scientific (Waltham, Massachusetts, USA.)
2. Merck KGaA (Sigma-Aldrich)( Darmstadt, Germany)
3. Lonza (Basel, Switzerland)
4. Synthego(Redwood City, California, USA)
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Key questions answered in the Genome Editing Market are:
- What is Genome Editing?
- What was the Genome Editing market size in 2023?
- What is the growth rate of the Genome Editing Market?
- Which are the factors expected to drive the Genome Editing market growth?
- What are the different segments of the Genome Editing Market?
- What growth strategies are the players considering to increase their presence in Genome Editing?
- What are the upcoming industry applications and trends for the Genome Editing Market?
- What major challenges could the Genome Editing Market face in the future?
- What segments are covered in the Genome Editing Market?
- Who are the leading companies and what are their portfolios in Genome Editing Market?
- What segments are covered in the Genome Editing Market?
- Who are the key players in the Genome Editing market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- 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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