Genome Editing Market is Forecast to Cross US$ 7.0 Billion By 2023

New York, March 26, 2018:

Genome Editing Market 2018

The global genome Editing market is expected to grow at a CAGR of more than 14.0% between 2015 and 2023. The global genome Editing market is estimated to cross US$ 7.0 billion by the end of 2023.

Recent developments across genome editing technologies have resulted in the creation of next generation nucleases that have higher levels of accuracy when correcting genetic mutations and defects. The classes under the genome editing technologies are the 4 broad families of nucleases: ZFNs, TALENs, CRISPR/Cas9, and Meganucleases.

Gene editing technologies have an impact across multiple applications areas including plant and animal genetic engineering. However, the area of most disruption is across human cell line engineering, which enables the development of next generation’s therapies and drugs. However, the agricultural industry has seen more success with gene editing techniques largely due to the less stringent regulatory environment.

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This market research report categorizes the genome editing market into the following segments:

By Technology

• CRISPR/CAS9
• TALENs
• ZFNs
• Antisense Technology
• Other Technologies

By Application

• Cell Line Engineering
• Animal Genetic Engineering
• Plant Genetic Engineering
• Other Applications

By End User

• Biotechnology and Pharmaceutical Companies
• Government and Academic Research Institutes
• Other Research Organizations


By Geographical Region

• North America
• Europe
• Asia
• Rest of the World

The global genome editing market is rapidly increasing due to the increased government funding for genomics technology, rise in the production of genetically modified crops and technological advancements these all factors are driving the growth of this market.

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Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Government Funding and Growth in the Number of Genomics Projects
5.2.1.2 High Prevalence Rate of Infectious Diseases and Cancer Among Patients
5.2.1.3 Technological Advancements
5.2.1.4 Increase in Demand for Synthetic Genes
5.2.1.5 Rise in Production of Genetically Modified Crops
5.2.1.6 Increasing Awareness About Genomics
5.2.1.7 New Product Launches By Industry Players
5.2.2 Restraints
5.2.2.1 High Cost of Genomic Equipment
5.2.2.2 Adverse Public Perception Related to Genetic Research
5.2.3 Opportunities
5.2.3.1 Use of Genome Editing in Specialized/Personalized Medicine
5.2.3.2 Emerging Markets in Developing Countries
5.2.4 Challenges
5.2.4.1 Off-Target Effect of CRISPR
5.2.4.2 Shortage of Trained Professionals
6 Global Genome Editing/Engineering Market, By Technology
7 Global Genome Editing/Genome Engineering Market, By Application
8 Global Genome Editing/Engineering Market, By End User
9 Genome Editing/Genome Engineering Market, By Region
10 Competitive Landscape
11 Company Profiles
11.1 Thermo Fisher Scientific, Inc.
11.2 Merck KGaA
11.3 Horizon Discovery Group PLC
11.4 Genscript USA Inc.
11.5 Sangamo Biosciences, Inc.
11.6 Integrated DNA Technologies, Inc.
11.7 Lonza Group Ltd.
11.8 New England Biolabs, Inc.
11.9 Origene Technologies, Inc.
11.10 Transposagen Biopharmaceuticals, Inc.

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