Gene Editing Market size Technology Growth, Application over Globe and Key Players Like Addgene, Allele Biotech, Bio-Rad, Takara Bio, CRISPR Therapeutics, DNA 2.0, Editas Medicine, Intellia Therapeutics, Integrated DNA Technologies, Juno Therapeutics, Ori

The study on the global Market size for Gene Editing evaluated the historical and current performance of this Market size, especially highlighting the key trends and growth opportunities. According to the study, the rising demand for this product is driving the global Market size for Global Gene Editing significantly. The expansion in the various related industry is also expected to reflect positively on the sales of Global Gene Editing product over the next few years.

Gene Editing Market will exceed USD 7.5 billion by 2024; as per a new research report.
Rising prevalence of cancer and other genetic disorders coupled with increasing demand for personalized medicine should stimulate gene editing industry expansion. As per WHO 2018 report, cancer is the second leading cause of death globally and is responsible for an estimated 9.6 million deaths. Increasing use of the gene editing tools for treatment of these chronic disorders will favor business growth. Moreover, increased government funding programs will significantly impact industry growth over the forecast timeframe.

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Many biopharmaceutical companies are focused on developing innovative drugs for various genetic disorders because of high disease burden across the world and their considerable market potential. Other parameters contributing to the industry growth are increasing demand for synthetic genes, extensive investments in R&D, technological advancements in the field of molecular biology. However, ethical issues regarding misuse of genome editing is a major concern and may hamper the industry growth.

Animal genetic engineering segment was valued at USD 785.4 million in 2017 and is projected to grow significantly over the forecast timeframe. Growing applications of products obtained from domestic animals has boosted the demand for gene editing technique. In addition, wide applicability of these techniques in animal genetic engineering is also a contributing factor for business growth. For instance, Pigs are susceptible to an infection called Porcine Reproductive and Respiratory Syndrome (PRRS). Gene editing techniques have managed to produce pigs that are resistance to this disease.

Zinc Finger Nucleases (ZFNs) segment will witness 14.5% CAGR from 2018 to 2024. The segment growth is attributed to increasing adoption of these advanced gene editing tools in research institutes and biotech industries. ZFNs technology offers various advantages including, the mutations made by this technology are permeant and heritable. Zinc finger nucleases are useful to manipulate the genomes of many plants and animals and also has important role in gene editing processes.

Research institutes segment accounted for 30.2% revenue share in 2017 owing to increasing focus on developing innovative therapeutics models in CRISPR and ZFN. Moreover, growing incidences of rare genetic diseases has resulted in high demand for research activities for developing new therapies will propel segmental growth over the coming years.

U.S. gene editing market will witness 14.5% CAGR by 2024 owing to increasing funding for research and development in genetic editing technologies. As per National Center for Advancing Translational Sciences 2018 report, National Institute of Health (NIH) got $86 million funding for improving genome editing techniques. Moreover, rising prevalence of Alzheimer, cancer and infectious diseases in country. As per Alzheimer?s association 2018 report, an estimated 5.7 million Americans of all ages are living with Alzheimer's. Increasing patient preference towards advanced gene editing tools such as CRISPR/Cas9 for the treatment of Alzheimer's should drive gene editing business expansion.

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China gene editing market was valued at USD 154.6 million in 2017 and is estimated to experience considerable growth due to rising R&D expenditure and growing number of industry players. Moreover, various initiatives taken by the Chinese government for promoting life science research in biotechnology sector will stimulate gene editing market growth in forthcoming years.

Some of the prominent competitors operating in gene editing market include Addgene, Allele Biotech, Bio-Rad, Takara Bio, CRISPR Therapeutics, DNA 2.0, Editas Medicine, Intellia Therapeutics, Integrated DNA Technologies, Juno Therapeutics, OriGene Technologies, Promega, Precision Biosciences and Recombinetics. Industry competitors are mainly focusing on inorganic strategies such as partnership, merger and acquisitions to escalate their market position as well as strengthen product offerings.

Report Content

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1. Secondary

1.4.1.1. Paid sources

1.4.1.2. Unpaid sources

1.4.2. Primary

Chapter 2. Executive Summary

2.1. Gene editing industry 360 degree synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Application trends

2.1.3. Technology trends

2.1.4. End-user trends

2.1.5. Regional trends

Chapter 3. Gene Editing Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry impact forces

3.3.1. Growth drivers

3.3.1.1. Increased funding for genetic research in North America

3.3.1.2. Increased R&D expenditure and growth of biotechnology sector in Europe

3.3.1.3. Increasing demand for synthetic genes in Asia Pacific and North America

3.3.1.4. Technological advancements in gene editing in North America

3.3.2. Industry pitfalls and challenges

3.3.2.1. Stringent government regulations

3.3.2.2. Lack of public awareness in developing and underdeveloped regions

3.4. Growth potential analysis

3.4.1. By application

3.4.2. By technology

3.4.3. By end-user

3.5. Competitive landscape, 2017

3.5.1. Strategy dashboard

3.6. Porter's analysis

3.7. PESTEL analysis

Chapter 4. Gene Editing Market, By Application

4.1. Key segment trends

4.2. Cell line engineering

4.2.1. Market size, by region, 2013-2024 (USD Million)

4.3. Animal genetic engineering

4.3.1. Market size, by region, 2013-2024 (USD Million)

4.4. Plant genetic engineering

4.4.1. Market size, by region, 2013-2024 (USD Million)

4.5. Other applications

4.5.1. Market size, by region, 2013-2024 (USD Million)

Chapter 5. Gene Editing Market, By Technology

5.1. Key segment trends

5.2. CRISPR/Cas9

5.2.1. Market size, by region, 2013-2024 (USD Million)

5.3. Zinc Finger Nucleases (ZFNs)

5.3.1. Market size, by region, 2013-2024 (USD Million)

5.4. TALENS

5.4.1. Market size, by region, 2013-2024 (USD Million)

5.5. Others

5.5.1. Market size, by region, 2013-2024 (USD Million)

Further in the Gene Editing Market research reports, following points are included along with in-depth study of each point:

Production Analysis – Production of the Gene Editing is analyzed with respect to different regions, types and applications. Here, price analysis of various Gene Editing Market key players is also covered.

Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Gene Editing Market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.

Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Gene Editing Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

Competitors – In this section, various Gene Editing industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

Other analyses – Apart from the aforementioned information, trade and distribution analysis for the Gene Editing Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

Complete report titled at https://www.marketstudyreport.com/reports/gene-editing-market

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