Global CRISPR Market Booms with Advances in Genomic Research, Diagnostics, and Next-Gen Therapeutic Solutions | Major Companies are GenScript, Creative Biogene, Bio-Rad Laboratories, 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 report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The CRISPR market refers to the global industry centered around the development, commercialization, and application of Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) technology. CRISPR is a powerful gene-editing tool that allows scientists to precisely modify DNA sequences in living organisms, enabling breakthroughs in medicine, agriculture, biotechnology, and industrial research. This market encompasses products, services, software, and applications that utilize CRISPR for gene therapy, drug discovery, crop improvement, and disease modeling.

Latest News- US & Japan

US - FDA Clears CRISPR-Based Therapy for Sickle Cell Disease
The U.S. FDA granted approval for the first CRISPR-based gene-editing therapy targeting sickle cell disease, marking a historic milestone in genetic medicine.

US - Expansion of CRISPR Applications in Agriculture
American biotech companies announced advancements in using CRISPR to develop drought-resistant and higher-yield crops, aiming to strengthen food security.

Japan - CRISPR Research Boost for Rare Disease Treatments
Japanese research institutions launched a new project to apply CRISPR technology in developing therapies for rare genetic disorders.

Japan - CRISPR Fish Farming Innovation
Japanese aquaculture companies are testing CRISPR gene editing to create disease-resistant fish, aiming to reduce reliance on antibiotics in aquaculture.

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.

Key Players:

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.

Growth Forecast Projected:

The Global CRISPR Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global CRISPR Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Market Segmentation:

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.

Regional Analysis:

⇥ 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)

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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

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the CRISPR market?

➠ Who are the leading manufacturers in the global CRISPR industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global CRISPR industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the CRISPR market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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