Press release
CRISPR Market Outlook: Therapeutic Breakthroughs and Industry Innovation - Top Companies are Thermo Fisher Scientific, Inc., Merck KGaA, Agilent Technologies, Inc.
CRISPR market reached US$ 3.93 billion in 2024 and is expected to reach US$ 15.92 billion by 2033, growing at a CAGR of 16.8% during the forecast period 2025-2033.CRISPR Market is thoroughly examined in the DataM Intelligence study, offering a comprehensive analysis supported by robust statistics, historical data, and actionable insights. The report evaluates key industry players, analyzing their product portfolios, pricing strategies, financial performance, and expansion efforts. It provides a clear understanding of market dynamics, competitive positioning, and anticipated trends shaping the future of the industry.
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Market Dynamics and Growth Factors:
Breakthroughs in Gene Editing Technology Fuel CRISPR Market Growth
The CRISPR market is experiencing robust growth driven by continuous breakthroughs in gene editing technologies. These advancements are enabling more precise, efficient, and scalable therapeutic approaches in areas such as oncology, rare diseases, and immunology. The evolving technology is broadening the scope of CRISPR applications and attracting strong interest and funding from leading biopharmaceutical companies aiming to capitalize on its revolutionary potential.
For example, in November 2023, AstraZeneca invested $245 million in Cellectis, a clinical-stage biotech firm, to fast-track the development of innovative therapeutics using Cellectis' proprietary gene editing platforms. As gene editing technologies become more refined and accessible, they are facilitating increased clinical trials, expanding lab adoption, and paving the way for personalized medicine. This ongoing innovation continues to drive investment, partnerships, and market expansion across the CRISPR landscape.
List of the Key Players in the CRISPR Market:
Thermo Fisher Scientific, Inc., Merck KGaA, Agilent Technologies, Inc., GenScript, Creative Biogene, Bio-Rad Laboratories, Inc., Takara Bio Inc., QIAGEN, Eurofins Genomics, and Synthego, among others.
CRISPR Industry Development:
In September 2024, KSQ Therapeutics (US) achieved a key regulatory milestone when the FDA cleared its Investigational New Drug (IND) application for KSQ-004EX, a novel CRISPR-Cas9 engineered tumor-infiltrating lymphocyte (TIL) therapy. This clearance paves the way for a Phase 1/2 clinical trial, to be conducted by The University of Texas MD Anderson Cancer Center, which will assess the therapy's safety and effectiveness in treating advanced solid tumors. The authorization of KSQ-004EX for clinical testing underscores the accelerating adoption of CRISPR-based therapies in oncology and reflects the technology's growing influence on the North American gene-editing market.
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the CRISPR Market:
By Product Type: CRISPR kits & Consumables, CRISPR Libraries, Others.
By Application: Drug Discovery & Development, Agriculture, Others.
By End-User: Pharmaceutical Companies, Biotechnology Companies, Academic & Research Institutes, Others.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for CRISPR Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of CRISPR market?
➠ Who are the global key manufacturers of the CRISPR Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the CRISPR market opportunities and threats faced by the vendors in the global CRISPR Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the CRISPR market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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