CRISPR Technology Industry Sales: Industrying Channel Development Trend and Strategy Analysis with Forecast to 2026

New York, USA, Jan 2020 (News) - Global CRISPR Technology Market valued approximately USD 719.6 million in 2019 is anticipated to grow with a healthy growth rate of more than 25 % over the forecast period 2020-2026. Increasing availability of government and private funding and growing adoption of CRISPR technology are some key trends that are responsible for the wide adoption of CRISPR Technology globally. As per the Congressional Research Service (US), CRISPR-related research funding by National Institutes of Health (NIH) grew from $5.1 million in FY2011 to $603 million in FY2016, such high funding in the CRISPR has set the scientific foundation for advanced gene editing technologies such as CRISPR-CAS 9. Moreover, between the periods of 2006-2016 (FY) as per National Institute of Health (NIH) approximately $981 million was funded by the NIH for CRISPR related researches.

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Highlighted with 71 tables and 70 figures, this 155-page report “Global CRISPR Technology Market by Component, Product, Application and Region 2020-2026: Further in 2017, as per the Defense Advanced Research Projects Agency (DARPA), the DARPA has announced to invest $65 million over the course of next four years till 2021 in order to make CRISPR Gene Editing Safer and to counter bioterrorism threats. According to Pharmaceutical Research and Manufacturers of America (PhRMA), the biopharmaceutical R&D expenditure in the United States grew in 2014 was ~$53.5 billion which grew up-to $58.8 billion in 2015. Similarly, according to the Gov.UK in 2017, UK government recently opened its doors to develop drug discovery by investing around $7.16 million that would help businesses to meet and understand the challenges involved in developing drugs. By use of CRISPR, several drugs can be developed which can enhance the effectiveness and quality of medicines and vaccines available in the market for various blood disorders and heart diseases. As a result, the adoption of CRISPR technology would increase thereby, aiding the growth of the market.
Major Market Players: (Total 136 Competitors Detailed Analysis is provided in the Research Report)
Thermo Fisher Scientific
Merck KgaA
GenScript
Integrated DNA Technologies (IDT)
Horizon Discovery Group
Agilent Technologies
Cellecta, Inc.
GeneCopoeia, Inc.
New England Biolabs
Origene Technologies, Inc.

CRISPR Technology Industry Segmentation:
By Product and services:
CRISPR Products
CRISPR Enzymes
CRISPR Libraries
CRISPR Kits
Other CRISPR Products
CRISPR Services
gRNA Design & Vector Construction
Cell Line Engineering
Screening Services
Other CRISPR Services

By Application:
Biomedical Applications
Agricultural Applications
Industrial Applications
Biological Research

By End-user:
Pharmaceutical and Biopharmaceutical Companies
Biotechnology Companies
Academic & Research Institutes
Contract Research Organizations

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The regional analysis of global CRISPR Technology Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of Industry share owing to the strongest economies and widespread industries, which create high capital investment capabilities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing population, high disposable income, and implementation of various technologies in food & agriculture industries would create lucrative growth prospects for the CRISPR Technology Industry across Asia-Pacific region.
The report firstly introduced the CRISPR Technology basics: definitions, classifications, applications and Industry overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region Industry conditions, including the product price, profit, capacity, production, supply, demand and Industry growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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Research objectives
• To study and analyze the global CRISPR Technology Industry size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2026.
• To understand the structure of CRISPR Technology Industry by identifying its various subsegments.
• Focuses on the key global CRISPR Technology players, to define, describe and analyze the value, Industry share, Industry competition landscape, SWOT analysis and development plans in next few years.
• To analyze the CRISPR Technology with respect to individual growth trends, future prospects, and their contribution to the total Industry.
• To share detailed information about the key factors influencing the growth of the Industry (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of CRISPR Technology subIndustrys, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the Industry.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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