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Future growth of Genome Editing/Genome Engineering Market with key players Thermo Fisher Scientific, Merck KGaA, Horizon Discovery Group and Others.

05-26-2019 12:14 PM CET | Industry, Real Estate & Construction

Press release from: RnRMarketResearch.com

The Global Genome Editing/Genome Engineering Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Global Genome Editing Market is expected to grow at a CAGR of 14.5% to reach to USD 6.28 billion by 2022. The key factors propelling the growth of this market are rising government funding and growth in the number of genomics projects, high prevalence of infectious diseases and cancer, technological advancements, increasing production of genetically modified crops, and growing application areas of genomics.

By Technology, the market is segmented into CRISPR, TALEN, ZFN, antisense, and other technologies (PiggyBac, Flp-In, Adenine Base Editor (ADE), and Jump-In).The CRISPR segment is estimated to grow at the highest CAGR during the forecast period. The ease of use associated with the CRISPR technology is a significant advantage over ZFN and TALEN, especially in generating a large set of vectors to target numerous sites or even genome-wide libraries.

On the Basis of End User, the market is classified into pharmaceutical and biotechnology companies, academic & government research institutes, and contract research organizations. The pharmaceutical and biotechnology companies segment is estimated to grow at the fastest rate during the forecast period. The increasing prevalence of infectious diseases and cancer are driving research activities worldwide; this is expected to drive the demand for genome editing in biotechnology & pharmaceutical companies.

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The North American region is expected to hold the largest share of the global market in 2017. This regional segment is also expected to grow at the highest CAGR during the forecast period. The large share and high growth rate of this region can be attributed to factors such as the development of gene therapy in the US, increasing use of genetically modified crops, rising prevalence of infectious diseases and cancer, and rising availability of research grants and funding.

Break of primary participants was as mentioned below:
• By Company Type – Tier 1:56%, Tier 2:35%, and Tier 3:9%
• By Designation – C-level: 27%, Director Level:15%, Others:58%
• By Region – North America: 37%, Europe:23%, AsiaPacific:25%, RoW:15%

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Introduction
1 Objectives of the Study
2 Market Definition
3 Market Scope
4 Markets Covered
5 Years Considered for the Study
6 Currency
7 Limitations
8 Stakeholders

Premium Insights
1 Genome Editing: Market Overview
2 Europe: Genome Editing Market, By Application
3 Genome Editing Market, By End User
4 Genome Editing Market, By Country/Region

Genome Editing Market, By Technology
1 Introduction
2 Crispr
3 Talen
4 ZFN
5 Antisense
6 Other Technologies

Reason to buy this report:
• Market Penetration: Comprehensive information on product portfolios offered by the top players in the global genome editing/genome engineering market

• Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global genome editing/genome engineering market

• Market Development: Comprehensive information about the lucrative emerging markets by technology, application, end user, and region

• Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global genome editing/genome engineering market

• Competitive Assessment: In-depth assessment of market shares, growth strategies, and products of leading players in the global market

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Most Popular Companies in the Genome Editing/Genome Engineering Market Thermo Fisher Scientific (US), Merck KGaA (Germany), and Horizon Discovery Group (UK).

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