Genome Editing Market Is Booming Worldwide

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The Global Genome Editing Market is expected to grow at a CAGR of 14.5% to reach to US$ 6.28 Billion by 2022. This Report spread across 164 pages, profiling 12 companies and supported with 96 tables and 42 figures is now available in this research.

Top Key Players profiled in the Genome Editing Market include are
• Thermo Fisher Scientific
• Merck
• orizon Discovery Group
• Genscript
• Sangamo Biosciences
• Integrated Dna Technologies
• Lonza
• New England Biolabs
• Origene Technologies
• Transposagen Biopharmaceuticals
• Editas Medicine
• Crispr Therapeutics

“The CRISPR segment is expected to grow at the highest rate during the forecast period.”
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. Another potential advantage of CRISPR is its ability to multiplex, that is, to use multiple guide RNAs in parallel to target multiple sites simultaneously in the same cell.

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“The pharmaceutical and biotechnology companies segment is expected to be the fastest growing end-user segment.”
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.

“North America to dominate the genome editing/genome engineering market and is projected to grow at the highest CAGR during the forecast period.”
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.

Breakdown of primary participants’ profile:
• 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%

Report Highlights:
• To forecast the size of market segments with respect to four regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW)

• To define, describe, and forecast the global genome editing/engineering market on the basis of technology, application, end user, and region

• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

• To analyze the market structure, profile key players of the global genome editing/engineering market, and comprehensively analyze their core competencies

• To track and analyze competitive developments such as partnerships, agreements, collaborations, expansions, acquisitions, and product & service launches in the market

Competitive Landscape of Genome Editing Market:
1 Key Developments By Leading Players in the Genome Editing Market (2014-2017)
2 Market Share Analysis
2.1 Thermo Fisher Scientific
2.2 Merck
2.3 Horizon Discovery Group
3 Competitive Scenario
3.1 Agreements, Collaborations, and Partnerships
3.2 Product & Service Launches, By Company
3.3 Acquisitions
3.4 Expansions

Target Audience for Genome Editing Market: Suppliers and distributors of genome editing/genome engineering technologies, Research institutes, Vendors/service providers.

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This release was published on openPR.