Press release
Genome Editing Market Thriving Revenue of US$ 10,691.0 million by 2025 with Leading Vendors: Transposagen Biopharmaceuticals, Inc., Integrated DNA Technologies, Inc., GenScript, Horizon Discovery Group plc, Sangamo Therapeutics, Inc.
The global genome editing market is expected to reach US$ 10,691.0 million by 2025 from US$ 3,210.1 million in 2017; it is estimated to grow at a CAGR of 17.0% from 2018 to 2027.Genome editing is a technique that is utilized for the changes that are to be done in the DNA of a cell or an organism. The technique involves cutting DNA sequences for the addition or removing of the DNA in the genome. The changes in the genome are done for the required characteristics of the cell. Genome editing is done for the research purpose, the treatment of diseases, and the biotechnological purpose. Factors such as an Increase in funding for genome editing, rising prevalence of genetic disorders, rise in the advancements for genome editing technology and rise in the production of genetically modified crops are the driving factors for the growth of the market. However, the growth of the market is restrained by various factors such as the perception of the people for genetic alteration and stringent regulation.
The market for genome editing is expected to grow in the coming near future due to the growth factor that is driving the market is the increase in funding. The different government in the different regions are increasing their funds and grants to develop genome editing research. Owing to genome editing's advantages, the various government is supporting their public and private research and academic institutes for increasing the research activities for the genome editing and genetic engineering.
(**Note: The sample of this report is updated with COVID-19 impact analysis**)
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Top key vendors:
• Transposagen Biopharmaceuticals, Inc.
• Integrated DNA Technologies, Inc.
• Thermo Fisher Scientific Inc.
• GenScript
• Lonza
• Horizon Discovery Group plc
• Sangamo Therapeutics, Inc.
• New England Biolabs
• Editas Medicine
• Merck KGaA.
Global Genome Editing Market – By Technology
• TALENS
• CRISPR
• ZFNs
• Others
Global Genome Editing Market– By Application
• Genetic Engineering
• Cell Line Engineering
• Others
Global Genome Editing Market– By End User
• Biotechnology & Pharmaceutical Companies
• Contract Research Organizations (CROs)
• Academic & Government Research Institutes
North America, Latin America, Asia-Pacific, Africa, and Europe have been examined on the basis of different leading key players. The business profiles of several top-level companies have been profiled to get informative data for making further decisions in the businesses. The study estimates the factors that are driving or hampering the growth of the industries.
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The report highlights the risks and challenging factors which has been faced by different stakeholders and new entrants in the Genome Editing Market. Additionally, it offers a closer and analytical look at numerous companies that strive for the highest market shares. The report also elaborates on the global opportunities and ways to enlarge the businesses globally. It presents the scope of this Global Market in the developing and developed regions. It also covers how the concept of this Genome Editing Market is giving new opportunities for increasing global customers rapidly. This informative report further makes use of graphical presentation techniques such as graphs, tables, charts and pictures.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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