Press release
Genome Editing Market Growth Prospects, Business Strategies Challenges, Significant Growth Outlook, Key Players, Regions, Forecast by 2027
Market Overview:Genome Editing Market is valued at USD 5052.2 Million in 2020 and expected to reach USD 15072.3 Million by 2025 with the CAGR of 16.9% over the forecast period.
Genome Editing Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Rising number of technological advancements, increased focus on highly adaptable CRISPR technology and growing investment in research and development in this field by Government and private organization are anticipated to drive the growth of Global Genome Editing Market.
Key Players for Genome Editing Market Report:
Genome Editing Market reports cover prominent players like Sangamo Therapeutics, ToolGen, Vertex, CRISPR Therapeutics, Precision Biosciences, Oxford Genetics , Synthego, Vigene Biosciences, EpiGenie, Integrated DNA Technologies, New England Biolabs, OriGene Technologies, Lonza, GenScript, Eurofins Scientific, Editas Medicine, Intellia Therapeutics, Transposagen Biopharmaceuticals, Creative Biogene, Thermo Fisher Scientific, Merck, Horizon Discovery Limited, Agilent Technologies, DanaherCellecta, Genecopoeia, and Calyxt and others.
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Scope of Genome Editing Market Report:
Genome editing is a group of technologies that enables gene professionals to change an organism's DNA. These technologies enable genetic material to be added, altered or removed at particular location in the gene. Genome editing also referred as the gene editing. Genome editing has indicated a good potential for the treatment of genetic disorders, infectious disease and cancer. Genome editing is one of the great interests in the prevention and treatment of human diseases including understanding diseases using animal and cells models, to determine predicted approach is safe and effective for use in human.
Gene editing also being explored in research on a wide range of diseases, including single-gene disorders like hemophilia, cystic fibrosis and sickle cell diseases among others. It is capable to treatment and prevention of more critical disease including cancer, mental illness, heart disease, and human immunodeficiency virus (HIV) infection. The first genome editing advancements were developed in the last part of the 1900s. As recently, another genome editing tool called CRISPR, developed in 2009, has made it simpler than any time in recent memory to alter DNA. CRISPR is easier, quicker, less expensive, and more precise than older genome editing strategies. Numerous researchers who perform genome editing presently using CRISPR.
The COVID-19 pandemic has driven the demand in this space to develop fast molecular diagnostic tests dependent on gene editing by biotechnology organizations. During COVID-19 pandemic, research communities are exploring the capability of gene-modifications tools like CRISPR as a potential fast evaluating solution for the COVID-19 genome. For example; in December 2020, analysts from Gladstone Institutes fostered a CRISPR-based test that utilizes cell phones to convey results. Also, in June 2020, specialists from Stanford University have created - PAC-MAN a gene-modification tool dependent on CRISPR innovation. This tool destroys SARS-CoV-2 inside human cells. Hence, COVID-19 has shown a positive impact on the growth of global genome editing market.
Genome Editing Market is segmented on the basis of technology, product & services, application, end-users and regional & country level. On the basis of technology, genome editing market is classified into (CRISPR)/Cas9, TALENs/MegaTALs, ZFN and others. On the basis of product and services, the market is divided into reagents & consumables, software & systems and services. On the basis of application, genome editing service market is classified into cell line engineering, animal genetic engineering, plant genetic engineering and other applications. On the basis of end-users, genome editing market is classified into biotechnology companies, pharmaceutical companies and academic & government research institutes.
Genome Editing Market Segmentation:
By Technology:
(CRISPR)/Cas9
TALENs/MegaTALs
ZFN
Others
By Product & Services:
Reagents & Consumables
Software & Systems
Services
By Application:
Cell Line Engineering
Animal Genetic Engineering
Plant Genetic Engineering
Other Applications
By End-Users:
Biotechnology Companies
Pharmaceutical Companies
Academic & Government Research Institutes
The regions covered in global genome editing market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of market of genome editing is sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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The report enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage:
Demand Side and Supply Side Perspective and analysis
Company/Players/Manufacturers/Vendors/Service Providers Market Share
Competitive Landscape, Competition Matrix, and Player Positioning Analysis
Market Dynamics, Trends, and Factors affecting market growth during upcoming year
Key Buyers and End-User Analysis:
Value Chain & Supply Chain Analysis including Distribution and Sales Channels as well as Forward and Backward Integration scenarios
Manufacturing Cost Structure Analysis
Key Raw Materials Analysis
Key Pricing Strategies adopted in the market
Key Marketing Strategies adopted in the market
Porters Five Forces Analysis
SWOT Analysis
PESTLE Analysis
Geographically, this report split global into several key Regions, revenue (Million USD) the geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Genome Editing Market.
Key Benefits for Genome Editing Market Report:
Genome Editing Market report covers in depth historical and forecast analysis.
Genome Editing Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Genome Editing Market report helps to identify opportunities in market place.
Genome Editing Market report covers extensive analysis of emerging trends and competitive landscape.
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