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Evolving Market Trends In The CRISPR Gene Editing Industry: Innovative Gene Therapy Advancements Drive Growth in the CRISPR Gene Editing Market
The CRISPR Gene Editing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected CRISPR Gene Editing Market Size During the Forecast Period?
The CRISPR gene editing market has grown exponentially in recent years. It will grow from $2.26 billion in 2024 to $2.88 billion in 2025, at a CAGR of 27.4%. Growth is driven by the increasing demand for genome editing technologies, higher government funding, the rise in cancer and chronic diseases, greater awareness of CRISPR, and improved healthcare infrastructure.
The CRISPR gene editing market is expected to reach $7.51 billion by 2029, growing at a CAGR of 27.1%. Growth is attributed to the increasing prevalence of genetic disorders, emphasis on precision medicine, CRISPR R&D investment, aging population, and growing gene therapy interest. Major trends include gene editing technology advancements, research studies expansion, drug discovery, delivery method innovations, and CRISPR-edited agriculture.
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What Are the High-Growth Segments in the CRISPR Gene Editing Market?
The CRISPR gene editing market covered in this report is segmented -
1) By Type: CRISPR-Associated Nuclease (Cas Nuclease), Guide Ribonucleic Acid (RNA), Deoxyribonucleic Acid (DNA) Ligase, Restriction Endonuclease, Other Types
2) By Services: Design Tools, Plasmid And Vector, CRISPR-Associated Protein 9 (Cas9) And Guide Ribonucleic Acid (g-RNA), Delivery System Products, Other Services
3) By Technology: CRISPR Or Cas9, Zinc Finger Nucleases, Other Technologies
4) By Application: Agricultural, Biomedical, Industrial, Genome Engineering, Disease Models, Functional Genomics, Other Applications
5) By End User: Academic Institutes And Research Centers, Biotechnology Companies, Contract Research Organizations (CROs), Pharmaceutical And Biopharmaceutical Companies
Subsegments:
1) By CRISPR-Associated Nuclease (Cas Nuclease): Cas9, Cas12, Cas13, Other Cas Nucleases
2) By Guide Ribonucleic Acid (RNA): Single-guide RNA (sgRNA), Dual-guide RNA, Synthetic Guide RNA
3) By Deoxyribonucleic Acid (DNA) Ligase: T4 DNA Ligase, E. coli DNA Ligase, Other DNA Ligases
4) By Restriction Endonuclease: Type II Restriction Enzymes, Type I And III Restriction Enzymes, Other Restriction Enzymes
5) By Other Types: CRISPR Delivery Systems, CRISPR Plasmids, CRISPR-Based Diagnostic Tools
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What Key Drivers Are Expected to Influence Future CRISPR Gene Editing Market Growth?
The growth of the CRISPR gene editing market is expected to be driven by the rising prevalence of genetic disorders. These disorders, caused by abnormalities in genes or chromosomes, are becoming more common due to factors like genetic mutations, aging populations, and consanguineous marriage. CRISPR plays a key role in managing these conditions by enabling precise DNA modifications. For example, in July 2022, the Cystic Fibrosis (CF) Foundation reported that cystic fibrosis affected nearly 40,000 people in the U.S. and over 105,000 globally. Therefore, the increase in genetic disorders is fueling CRISPR market growth.
Which Companies Hold the Largest Share Across Different CRISPR Gene Editing Market Segments?
Major companies operating in the CRISPR gene editing market are Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies Inc., GenScript, Integrated DNA Technologies Inc., Takara Bio Inc., OriGene Technologies Inc., Intellia Therapeutics Inc., New England Biolabs, Synthego, Arbor Biotechnologies Inc., Rockland Immunochemicals Inc., Cellectis, Editas Medicine, Caribou Biosciences Inc., System Biosciences LLC, Applied StemCell, Addgene, Mirus Bio LLC, Excision BioTherapeutics Inc., GeneCopoeia Inc., ToolGen Inc., Cellecta Inc., CRISPR Therapeutics, ERS Genomics Limited
What Trends Are Expected to Dominate the CRISPR Gene Editing Market in the Next 5 Years?
Leading companies in the CRISPR gene editing market are developing gene therapy products to reach larger customer bases and increase revenue. For example, in December 2023, the US FDA approved Casgevy, a cell-based gene therapy for treating sickle cell disease. The therapy uses CRISPR/Cas9 genome editing technology to modify hematopoietic stem cells for treatment.
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What Are the Emerging Geographies for The CRISPR Gene Editing Market Growth?
North America was the largest region in the CRISPR gene editing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the CRISPR gene editing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the CRISPR Gene Editing Market?
2. What is the CAGR expected in the CRISPR Gene Editing Market?
3. What Are the Key Innovations Transforming the CRISPR Gene Editing Industry?
4. Which Region Is Leading the CRISPR Gene Editing Market?
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