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CRISPR Technology Market 2022: Global Size, Share, Industry Growth, Trends, Opportunity Analysis And Forecast To 2031
CRISPR Technology Market
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The global CRISPR technology market report by the business research company the application of CRISPR technology as a diagnostic tool to be a major growth driver for the CRISPR technology market. the Sherlock CRISPR SARS-CoV-2 kit is the first diagnostic kit based on CRISPR technology for infectious diseases caused due to COVID-19. In May 2020, FDA announced the emergency use authorization to the Sherlock BioSciences Inc's Sherlock CRISPR SARS-CoV-2 kit which is a CRISPR-based SHERLOCK (Specific High-sensitivity Enzymatic Reporter unLOCKing) diagnostic test. This test helps in specifically targeting RNA or DNA sequences of the SARS-CoV-2 virus from specimens or samples such as nasal swabs from the upper respiratory tract and fluid in the lungs from bronchoalveolar lavage specimens. This diagnostic kit has high specificity and sensitivity and does not provide false negative or positive results. Widening the application of CRISPR technology for the diagnosis of infectious diseases will increase the demand for CRISPR technology products and services.
The global CRISPR technology market is expected to grow from $1064.91 million in 2021 to $1327.27 million in 2022 at a compound annual growth rate (CAGR) of 24.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The CRISPR technology market is expected to reach $3112.26 million in 2026 at a CAGR of 23.7%.
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Major players in the CRISPR technology market are Thermo Fisher Scientific, GenScript Biotech Corporation, CRISPR Therapeutics AG, Editas Medicine, Horizon Discovery Plc., Integrated DNA Technologies Inc. (Danaher), Origene Technologies Inc., Transposagenbio Biopharmaceuticals (Hera Biolabs), Intellia Therapeutics Inc. and GeneCopoeia Inc
The global CRISPR technology market is segmented -
1) By Product Type: Design Tools, Plasmid And Vector, Cas9 And G-RNA, Delivery System Products
2) By Application: Genome Editing/ Genetic Engineering, Genetically Modified Organisms, Agricultural Biotechnology, Others
3) By End-User: Industrial Biotech, Biological Research, Agricultural Research, Therapeutics And Drug Discovery
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The CRISPR Technology Market Report Contents Include
1. Executive Summary
2. CRISPR Technology Market Characteristics
3. CRISPR Technology Market Trends And Strategies
4. CRISPR Technology Market - Macro Economic Scenario
5. CRISPR Technology Market Size And Growth
.......
26. Africa CRISPR Technology Market
27. CRISPR Technology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The CRISPR Technology Market
29. CRISPR Technology Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the CRISPR technology market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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