Press release
CRISPR Gene Editing Market Size Projected to Record USD 31.53 Billion by 2033, Growing at a Steady CAGR of 24.81% Driven by Increased Genetic Research Funding in Industrialised Places
CRISPR Gene Editing Market OverviewGene editing, also called genome editing, modifies an organism's DNA. This method replaces, adds, or removes genetic material from the genome. As a result, the industry has developed many editing procedures. Gene editing treats and prevents diseases like cystic fibrosis, sickle cell disease, HIV, and cancer. Genome engineering's progress has impacted healthcare and life science businesses. The amazing efficacy of CRISPR-Cas9 for genome editing has led to significant investments in genome engineering. Before clinical use, each variant's pros and cons must be weighed. Researchers are trying to overcome CRISPR's limitations to improve results. CRISPR gene editing holds incredible promise for changing human genomes and diseases. Ethical and societal issues arise.
According to Straits Research, the global CRISPR gene editing market size was valued at USD 4.29 billion in 2024, and it is expected to reach from USD 5.36 billion in 2025 to USD 31.53 billion in 2033, growing at a CAGR of 24.81% over the forecast period (2025-2033). This expansion is driven by intensifying investment in genetic research, rising healthcare demands, and increasing adoption across agricultural, industrial, and biomedical sectors.
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Market Drivers
Genetic Research Will Grow the Market
Increased genetic research funding in industrialised places like North America will boost CRISPR's rise. Many U.S. government agencies created novel materials, equipment, and procedures for the public good. Government financing develops and manufactures rare genetic disease treatments. NHGRI funds genome research (NHGRI).
The National Institutes of Health (NIH), a U.S. medical research body, conducts genetic and biological research. In 2021, the NIH will provide Arizona State University and the Bayer College of Medicine $1.6 million to test human genome editing. New solutions for genetic illnesses should enhance the CRISPR gene editing market growth.
Chronic Diseases Are Spreading
One in three people has a chronic illness. Chronic diseases damage many people's health and well-being. This technology is CRISPR. CRISPR is a strong gene-editing tool. CRISPR helps with Huntington's, muscular dystrophy, cancer, and cholesterol. NORD reports the diagnostic rate for Duchenne Muscular Dystrophy in 2021. (DMD). Duchenne Muscular Dystrophy affects 3,500 male infants worldwide (DMD). Rising disposable income, chronic disease prevalence, and lifestyle changes will all boost the global CRISPR gene editing business.
CRISPR Gene Editing Market Segmentation
By Product & Services
The market is divided into CRISPR Products and CRISPR Services. Products include kits and enzymes (vector-based Cas9, DNA-free Cas9), libraries, design tools, antibodies, plasmids, RNAs, etc. Services include gRNA design & vector construction, cell line engineering, screening services, and transcriptome/epigenome editing. Both segments are growing, though services are increasingly important as more therapeutic and research uses demand specialized support.
By Application
Key applications include:
Biomedical (gene therapy, drug discovery, diagnostics)
Agricultural (crop improvement, livestock breeding)
Industrial (biofuels, functional genomics, genetically modified organisms)
Disease Models, Genome Engineering, Functional Genomics, among others.
Biomedical applications currently dominate market revenue, but agricultural and industrial applications are growing quickly.
By End-User
End-users encompass academic institutes & research centers, biotechnology companies, pharmaceutical and biopharmaceutical companies, and CROs. Among these, biotechnology & pharmaceutical companies represent a major market share, driven by therapeutic development and diagnostics.
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Market Opportunities
Gene Editing Offers Huge Market Growth Potential
Contract research organizations (CROs), biotechnology and pharmaceutical companies, and research institutes make up the market. Biotech and pharmaceutical businesses held 45.5% of the market in 2024. Biotechnology companies' efforts to develop novel gene editing tools will enhance segmental growth. Horizon Discovery wanted to develop a genome-editing technique that produced precisely and effective functioning genes. The company's products include the Modify-R algorithm CRISPR guide RNAs, which can modify the targeted gene. In recent years, technological advances have allowed market participants to produce viable gene editing tools for hereditary disorders.
Competitive Players
CRISPR Therapeutics AG
Thermo Fisher Scientific, Inc.
Synthego Corporation
System Biosciences LLC
ToolGen, Inc.
Agilent Technologies, Inc.
Rockland Immunochemicals, Inc.
GeneCopoeia, Inc.
Horizon Discovery Group PLC
Abcam, Inc.
Applied StemCell, Inc.
Cellecta, Inc.
Integrated DNA Technologies, Inc.
Merck KGaA
New England Biolabs, Inc.
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Regional Overview
North America dominated the worldwide CRISPR gene editing market due to pharmaceutical and biotech investments, improved healthcare infrastructure, increased per capita income, and state-of-the-art research facilities and institutions. Due to the rise of rare illnesses in the US and Canada, North America accounted for 38% of the market in 2021 and is expected to grow significantly in the coming years. National Institutes of Health: 7,000 rare diseases affect 25-30 million Americans (NIH). As new gene editing methods and technologies become accessible, demand for rare disease medications soars.
North America is predicted to lead in 2033. Government and private funding, major pharma and gene therapy enterprises, and CRISPR use all contribute. CRISPR-edited crops are not considered GMOs in the U.S., prompting agricultural corporations to embark on commercialisation.
The Asia Pacific CRISPR gene editing market was at USD 1.1 billion in 2024. Increasing research groups in emerging countries will benefit the regional industry. Major firms' focus on gene editing technology should stimulate regional growth. Asia-Pacific has the fastest-growing bioscience market. This is due to increased government funding for biotechnology to improve disease treatment. China, Japan, and India's R&D expansion will also drive regional market trends.
Recent Developments
May 2024 - A clinical trial called BRILLIANCE, involving researchers from the Perelman School of Medicine at the University of Pennsylvania and CHOP, demonstrated that CRISPR-Cas9 gene editing can improve vision in children with Leber Congenital Amaurosis (LCA). This was the first time children with this form of inherited blindness received gene editing treatment, resulting in measurable improvements in sight for nearly half of the participants, including the children. The study found no significant side effects or dose-limiting toxicities.
April 2024 - A recent study conducted by a team at Montana State University demonstrated the ability to modify RNA, which is a closely related chemical compound to DNA, using CRISPRs. The study uncovers a novel mechanism within human cells that holds promise for the treatment of a diverse range of hereditary disorders.
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