Genome Engineering Market to Reach a Value of US$7.21 Bn by the End of 2023
In addition to this, the rising research and development activities and the expansion of the product portfolio is expected to encourage the growth of the global genome engineering market in the next few years. Some of the key players operating in the genome engineering market across the globe are Sigma-Aldrich Corporation, Integrated DNA Technologies, Sangamo Biosciences, Thermo Fisher Scientific, GenScript USA, Horizon Discovery, Transposagen Biopharmaceuticals, New England Biolabs, and Lonza Group.
According to the market intelligence study by Transparency Market Research, in 2015, the global genome engineering market was worth US$2.30 bn. The market is predicted to reach a value of US$7.21 bn by the end of year 2023, registering a promising 14.20% CAGR between 2015 and 2023.
View Report -
Among the key regional segments, North America is estimated to witness a strong growth in the next few years and is likely to hold a major share of the market in the coming years. A significant rise in the adoption of innovative and advanced techniques and the increasing research and development activities are projected to encourage the growth of the North America market in the next few years. In addition, the rising contribution from the U.S. and the presence of several leading players are predicted to enhance the growth of the market in the near future. Furthermore, Asia Pacific is projected to experience a healthy growth in the coming years, thanks to the rising trend of personalized medicine. Moreover, the rapid development of the biotechnology is likely to enhance the market growth in the near future.
Request to View Sample of Report -
On the basis of end use, the global market for genome engineering has been categorized into academics, pharmaceutical and biotechnology companies, clinical research institutes, and others. Among these, the academics segment is projected to hold a large share of the market in the next few years. As per the study, this segment is likely to remain in the leading position throughout the forecast period. The rising research and development activities and innovations in this field are projected to enhance the growth of this segment in the next few years.
The rising number of applications areas of genomics and the increasing government funding are considered as the key factors that are projected to enhance the growth of the global genome engineering market in the next few years. The rising prevalence of cancer and several other infectious diseases and the rising production of the genetically modified crops are projected to enhance the growth of the overall market in the coming few years. On the flip side, the lack of skilled professionals and the high cost of genomics equipment are predicted to restrict the growth of the market in the near future. Nonetheless, the increasing use of genome editing in personalized medicine and the rising opportunities offered by the developing economies are further predicted to enhance the growth of the market in the near future.
Request to View Brochure of Report -
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Genome Engineering Market to Reach a Value of US$7.21 Bn by the End of 2023 here
News-ID: 1419834 • Views: 119
More Releases from Transparency Market Research
Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The
More Releases for US$7
Smart Coatings Market Worth US$ 7 Billion by 2023
New York, August 17, 2018: The scope of the report includes a detailed study of Smart Coatings Market with the reasons given for variations in the growth of the industry in certain regions. The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report 3M, PPG Protective & Marine Coatings, BASF SE, Inducoat, Dow
Micro Irrigation Systems Market Worth US$ 7 Billion by 2022
New York, May 01: Market Research Engine has published a new report titled as “Micro Irrigation Systems Market By Type Analysis (Micro sprinkler, Drip); By Application Analysis (Orchard crops and vineyards, Field crops, Plantation crops); By End User Analysis (Farmers, Industrial Users) and By Regional Analysis – Global Forecast by 2016 - 2022” How Big is the Global Micro Irrigation Systems Market? The Global micro irrigation systems Market is expected to
Eubiotics Market worth US$ 7 Billion Globally By 2020
New York, March 22: Market Research Engine has published a new report titled as “Eubiotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020” Eubiotics help in improving the nutritional value of the feed and also help in improving the health of the animals. The eubiotics are gaining a higher significance as many of the developed countries have imposed a ban on the antibiotics. The increasing
Eubiotics Market to Cross US$ 7 Billion Globally By 2020
New York, February 27: Market Research Engine has published a new report titled as “Eubiotics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2020” Eubiotics help in improving the nutritional value of the feed and also help in improving the health of the animals. The eubiotics are gaining a higher significance as many of the developed countries have imposed a ban on the antibiotics. The increasing
Hemostasis Products Market to Exceed US$ 7 Billion by 2024
New York, January 04: Market Research Engine has published a new report titled as “Hemostasis Products Market By Product (Advanced Hemostasis, Infusible Hemostasis, Topical Hemostasis), By Application (Thrombosis, Stroke, Trauma, Surgery, Hemophilia, Myocardial Infarction) and by End Users (Clinics & Hospitals) - Global Industry Analysis and Forecast 2016 - 2024” How Big is the Global Hemostasis Products Market? The Hemostasis products market is expected to exceed more than US$ 7 Billion by
Hearing Aids Market to Exceed US$ 7 Billion by 2022
New York, December 15: Market Research Engine has published a new report titled as “Hearing Aids Market By Product Type (Canal hearing aids, In the ear, Receiver in the ear, Behind the ear), by Type of Hearing Loss (Conductive, Sensorineural) and by End Users – Global Industry Analysis and Forecast 2016 - 2022” The hearing aids market is expected to exceed more than US$ 7 Billion by 2022. Browse Full Report: http://www.marketresearchengine.com/reportdetails/hearing-aids-market Hearing