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What's the Genome Editing Market Current Trends? With Bio-Rad La-boratories, Origene Technologies, Transposagen, Clontech Laboratories, Astra Zeneca, Agilent Technologies

06-10-2019 12:02 PM CET | Health & Medicine

Press release from: persistencemarketresearch.com

What's the Genome Editing Market Current Trends? With Bio-Rad

The ‘Genome Editing Market’ report formulated recently by Persistence Market Research evaluates the industry in terms of market size, market share, revenue estimation, and geographical outlook. The study also delivers a precise summary that illustrates the competitive milieu, growth opportunities and application landscape of the Smart Inhalers market depending on the industry’s financial and non-financial impact.

Genome editing is a technique in genetic engineering that involves inserting, deleting or replacing a DNA into the desired locations into a genome of the living organism to change the phenotype of the organism. Genome editing plays a very significant role in modern day biology and is widely used in biotechnology and biopharmaceutical industry to alter the genome of microorganisms to perform process like the fermentation which yield desired products and by - products.

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The genome editing process involves extraction of desired gene sequence, editing the gene and insertion of the modified gene into the host. The genome editing technique is widely used for understanding the DNA in cells of organisms to have a better understanding of their biology, to treat autoimmune diseases and infectious diseases. Genome editing techniques are used to alter human blood cells that can be inserted back in the body for the treatment of various conditions such as leukemia and AIDS. The genome editing is also used to genetically modify crops to improve production i.e. quality and resistance to various plant disease and drought. Over the coming years the global genome editing market is expected to witness substantial revenue growth owing to increasing applications and adoption of this technique for production of various by-products.

Some players in the global genome editing market are Thermo Fisher Scientific, Inc., Merck & Co., Bio-Rad La-boratories, Inc., Origene Technologies, Transposagen, Clontech Laboratories, Astra Zeneca, Agilent Technologies Inc. and others

North America is expected to account for the largest market share in the genome editing market, trailed by Eu-rope and Asia-Pacific owing to larger patient pool. North America is expected to register significant growth rate over the forecast period due to the factors such as the increasing prevalence and high awareness of genetic dis-eases such as Alzheimer’s disease, cancer, increasing prevalence of infectious diseases and dementia.

Availability and acceptance of research grants and government funding, to increase adoption of GM crops, and development of gene therapy is expected to boost the growth of genome editing market in North America. Asia Pacific is also expected to witness significant growth over the forecast period owing to genome editing conferences, and workshops, government funded programs. Global players are willing to enter into APAC market especially in ag-riculture sector which is expected to drive growth of genome editing market over the forecast period. Latin America and MEA regions are expected to boost the demand for genome editing techniques owing to economic and social development in these regions.

The global genome editing is segmented by technology, by application, by end user, and by regional presence:

Segmentation based on Technology:

• CRISPR
• TALEN
• Antisense

Segmentation based on Application:

• Cell – Line Engineering
• Gene Therapy
• Biopharmaceutical Production
• Segmentation based on End User:

Pharmaceutical & Biopharmaceutical Industry

• Biotechnology industry
• Academic institutions
• CROs
• Government research organizations
• Others

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Increasing applications and adoption of this technique for production of several products is expected to boost the genome editing market over the forecast period. Moreover with for development of new technology by various life sciences companies is expected to drive the genome editing market during the forecast period.

The increase in the R&D expenditure in industrial and life sciences sector is expected to bolster the demand for genome editing technique, especially in the agriculture and industrial enzymes sector. Technical advancements and collaborations among companies and academic institutions for development of new technology and better portfolio management by life sciences companies for development of new products are expected to boost reve-nue growth of the genome editing market over the forecast period.

However, even though the genome editing industry is expected to witness substantial growth over the forecast period some factors like concerns related to genetically modified crops and animals witness adoption issues among end users and emerging ethical issues may hinder the growth of the market. Moreover the lack of knowledge and expertise among emerging countries may reduce the pace of revenue growth over the forecast period.

Genome Editing Market Segments

• Genome Editing Market Dynamics
• Historical Actual Market Size, 2013 - 2015
• Genome Editing Market Size & Forecast 2016 to 2024
• Genome Editing Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Genome Editing Market Drivers and Restraints

Get Full Report @ https://www.persistencemarketresearch.com/market-research/genome-editing-market.asp

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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