Healthcare Services

Global Gene Editing Market Overview And Prospects

December 6, 2021 by The Business Research Company

Learn about the global gene editing market through The Business Research Company, which provides information on gene editing market size, gene editing market drivers and restraints, gene editing market players, the COVID-19 impact on the gene editing market, and more.

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The global gene editing market is expected to grow from $4.25 billion in 2020 to $4.53 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The gene editing market is expected to reach $7.27 billion in 2025 at a CAGR of 12.6%.

The rising infectious diseases are expected to drive innovation in gene editing manufacturing, thus driving the market during the forecast period.

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The gene editing market consists of sales of gene editing technology such as CRISPR/CAS9, zinc finger nucleus, and talens and related services. Gene editing technology allows genetic material to change genetic code at particular location in a genome. It involves cell line engineering, animal genetic engineering and plant genetic engineering.

Global gene editing market segments include:

By Technology: CRISPR, TALEN, ZFN

By End Users: Biotechnology, Pharmaceutical, Contract Research Organization

By Application: Animal Genetic Engineering, Plant Genetic Engineering, Cell Line Engineering

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Gene editing (also called genome editing) is a group of technologies that allow the researchers to change an organism’s DNA by adding, removing or altering genetic material at particular locations in the genome. The emergence of advanced genome editing techniques is one of the major trend in the gene editing market. The new techniques in genome editing are relatively inexpensive and can be used in a variety of application areas such as improving the food supply in agriculture, rectifying specific genetic mutations in the human genome and preventing the spread of diseases.

TBRC’s gene editing market report covers:

Major Market Players: CRISPR, GenScript USA Inc., Horizon Discovery Group plc, Integrated DNA Technologies, and New England Biolabs.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Gene Editing Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides gene editing market overviews, analyzes and forecasts market size, share, gene editing market players, gene editing market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s gene editing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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