Press release
Genome Editing/ Genome Engineering Market worth 5.54 Billion USD by 2021
The report "Genome Editing/Genome Engineering Market by Technology (CRISPR, TALEN, ZFN), Applications (Cell Line Engineering, Animal Genetic Engineering, Plant Genetic Engineering), End User (Biotechnology & Pharmaceutical Companies, CROs - Global Forecast to 2021", that analyzes and studies the major market drivers, restraints/challenges, and opportunities.This report studies the global genome editing market for the forecast period of 2016 to 2021. This market is expected to reach USD 5.54 Billion by 2021 from USD 2.84 Billion in 2016, growing at a CAGR of 14.3%.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=231037000
The global genome editing market is segmented on the basis of technology, application, end user and region.
By technology, the genome editing market is categorized into CRISPR, TALEN, ZFN, antisense, and other technologies (PiggyBac, Flp-In, and Jump-In). In 2016, the CRISPR segment is expected to command the largest share of the global genome editing market. The CRISPR segment is also expected to grow at the highest CAGR from 2016 to 2021. The large market share and high growth rate of this technology segment can be attributed to the ease of use associated with the technology and reduction in off-target effect of CRISPR.
On the basis of applications, the global genome editing market is segmented into cell line engineering, animal genetic engineering, plant genetic engineering, and other applications (diagnostics and therapeutics). The cell line engineering segment is estimated to account for the largest share of the global genome editing market in 2016. This segment is also projected to have the highest growth rate in the forecast period.A number of factors such as increasing funding from governments and private organizations, growing industry focus on stem cell research, and increasing global awareness about stem cell therapies through various organizations are driving the growth of the cell line engineering applications segment
On the basis of end user, the global genome editing market is segmented biotechnology & pharmaceutical companies, academic & government research institutes, and contract research organizations. The biotechnology & pharmaceutical companies segment is estimated to account for the largest share of the global genome market in 2016. This segment is also projected to have the highest growth rate in the forecast period. Factors such as the rapidly increasing aging population and the growing prevalence of infectious diseases and cancer have propelled the demand for genome editing market for biotechnology & pharmaceutical companies.
On the basis of region, the global market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, North America is poised to account for the largest share of the genome editing market market, followed by Europe and Asia-Pacific. North America is also projected to have the highest growth rate in the forecast period. Factors such as the development of gene therapy in the U.S.; increasing use of GM crops; prevalence of Alzheimer’s disease, dementia, infectious diseases, and cancer in the U.S.; growing availability of research grants and funding, and genome editing standards workshops and conferences are likely to propel the market in North America.
The prominent players in the global genome editing market were Thermo Fisher Scientific, Inc. (U.S.), Merck KGAA (Germany), and Horizon Discovery Group Plc (U.K.) in 2015. These companies are dominant in the genome editing market mainly due to their well-established presence in the field of genomics, presence in over 50 countries, high R&D investments, and strong sales and distribution force. While the other players includes, Genscript Biotech Corporation (U.S.), Sangamo Biosciences, Inc. (U.S.), Integrated DNA Technologies, Inc (U.S.), Lonza Group Ltd. (Switzerland), New England Biolabs, Inc. (U.S.), Origene Technologies, Inc. (U.S.), and Transposagen Biopharmaceuticals, Inc. (U.S.).
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Genome Editing/ Genome Engineering Market worth 5.54 Billion USD by 2021 here
News-ID: 434287 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Genome
Emerging Trends Influencing The Growth Of The Genome Editing/Genome Engineering …
The Genome Editing/Genome Engineering 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].
How Big Is the Genome Editing/Genome Engineering Market Size Expected to Be by 2034?
The size of the genome editing/genome engineering market has expanded swiftly in the past few years. Forecasts suggest the growth…
Genome Editing/Genome Engineering Market 2023 - Size, Share, Segments, Data, Gro …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Genome Editing Or Genome Engineering Market Size, Growth Rate, And Forecast
The global genome editing or genome engineering market size is expected to grow from $6.11 billion in 2022 to $7.20 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The genome editing or genome…
Genome Editing & Genome Engineering Industry Research Report, Growth, Trends 202 …
Genome Editing & Genome Engineering Market 2028
Genome editing technology refers to the ability of human to "edit" the target gene, such as the deletion and addition of specific DNA fragments.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Genome Editing & Genome Engineering estimated at US$ 3953 million in the year 2022, is projected to reach a revised size of US$ 6739.8 million by 2028,…
Genome Editing/Genome Engineering Market Size - Industry Analysis Report 2021
Genome Editing/Genome Engineering Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database.
Inquire Before Buying @ http://bit.ly/2uh3G7k
The genome editing market is projected to reach USD 5.54 billion by 2021 from USD 2.84 billion in 2016, growing at a CAGR of 14.3% in the next five years (2016 to 2021). The genome editing market is undergoing a significant transformation, with the…
Genome Editing/Genome Engineering Market to experience hike in growth by 2024
Zion Market Research, the market research group announced the analysis report titled ‘Genome Editing/Genome Engineering Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Genome Editing/Genome Engineering Market: Overview
Genome editing/genome engineering refers to the techniques and strategies in which the DNA is deleted, replaced or inserted in the living organism’s genome with the help of molecular scissors or engineered nucleases. It is one of the active fields of…
Global Genome Editing/Genome Engineering Market Size, Status and Forecast 2022
Qyresearchreports include new market research report "Global Genome Editing/Genome Engineering Market Size, Status and Forecast 2022" to its huge collection of research reports.
The term healthcare has held a consistent definition over the many years of its development so far. However, the point at which this industry resides now is extremely advanced than the point it was at a few decades ago, thanks to the recent boom in technological advancements, the…