Genome Editing/Genome Engineering Market to experience hike in growth by 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 research owing to its wide array of potential applications, specifically related to human health such as the manufacturing of therapeutic proteins, the rectification of a gene with a detrimental mutation, and the removal of repeated viral sequences. It also has an application in agricultural biotechnology such as the invention of novel generations of genetically modified plants. Genome editing/genome engineering can also be used in the improvement of research tools, for instance, to exploit a gene’s function of a gene.
Global Genome Editing/Genome Engineering Market: Growth Factors
The in general increase in the manufacturing of genetically modified crops, the fast rise in the figure of biotechnology and pharmaceutical companies, the growing government expenditure for genomics, increasing R&D activities in the life science research, raised need of synthetic genes, and technological enhancements are few factors propelling the growth of the genome editing/genome engineering market. However, the strict regulatory authorities and ethical concerns are few factors impeding the market growth.
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Global Genome Editing/Genome Engineering Market: Segmentation
The global genome editing/genome engineering market can be segmented based on application, technology, end-user, and region. The application segment of the market is diversified into plant genetic engineering, cell line engineering, animal genetic engineering, and other applications. The technology segment of the market is categorized into antisense, CRISPR, ZFN, TALEN, and other technologies. The end-user segment of the genome editing/genome engineering market is grouped into contract research organizations, academic & government research institutes, biotechnology & pharmaceutical companies, and other applications. Regionally, the market is sub-segmented into Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.
Global Genome Editing/Genome Engineering Market: Regional Analysis
North America is expected to dominate the market for genome editing/genome engineering owing to various factors, including the rising utilization of genetically modified crops; occurrence of dementia, Alzheimer’s disease, infectious diseases, and cancer in this region; the development of gene therapy; standard conferences and workshops for genome editing; and the rising accessibility of research funding and grants. Asia Pacific region is also anticipated to grow at a fast pace in the market in the coming period. The growth of this region can be mainly attributed to the amplified R&D expenditure and the development of foremost genome editing industries.
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Global Genome Editing/Genome Engineering Market: Competitive Players
The major players in the genome editing/genome engineering market are Genscript Biotech Corporation, Thermo Fisher Scientific, Inc., Integrated DNA Technologies, Inc., Horizon Discovery Group Plc., and Lonza Group Ltd. The other major players in the market include Sangamo Biosciences, Inc., New England Biolabs, Inc., Merck KGAA, Origene Technologies, Inc., and Transposagen Biopharmaceuticals, Inc.
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Global Genome Editing/Genome Engineering Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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Genome Editing or Genome Engineering refers to the modification or making changes to the gene of the living organism. Editing or engineering of the DNA results in changes in characters like the risk of diseases, eye color, and more. The scientists make use of different technologies for successful editing of gene. These technologies play a major role as scissors to cut the DNA at the identified spot. Hence, scientists can
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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
Global Genome Editing/Genome Engineering Market Size, Status and Forecast 2022
This report studies the global Genome Editing/Genome Engineering market, analyzes and researches the Genome Editing/Genome Engineering development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Thermo Fisher Scientific Merck KGaA Horizon Discovery Group Genscript USA Sangamo Biosciences Integrated DNA Technologies Lonza Group New England Biolabs Origene Technologies Transposagen Biopharmaceuticals Get discount copy at http://www.qyresearchreports.com/sample/sample.php?rep_id=1041682&type=E Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type,