gene editing market
Healthcare Services

Comprehensive Gene Editing Market Analysis, By The Business Research Company

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

North America held the largest gene editing market share.

The global gene editing market is expected to grow from $6.35 billion in 2022 to $7.44 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The global gene editing market is expected to grow to $14.28 billion in 2027 at a CAGR of 17.7%.

Major Driver In The Gene Editing Market ­– Rise In Infectious Diseases
Infectious illnesses such as HIV are detected via gene editing techniques. Microorganisms such as bacteria, viruses, fungus, and parasites cause infectious diseases. Gene therapy addresses infectious disorders by inhibiting the extracellular proliferation of the infectious pathogen that causes the disease. Gene editing is the process of inserting new genetic material into the cells of live organisms in order to treat diseases.

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Key Gene Editing Market Segments
1) By Technology: CRISPR, TALEN, ZFN
2) By End Users: Biotechnology, Pharmaceutical, Contract Research Organization
3) By Application: Animal Genetic Engineering, Plant Genetic Engineering, Cell Line Engineering

Recent Gene Editing Market Trend – Emerging Advanced Genome Editing Techniques
Gene editing (also known as genome editing) refers to a set of technologies that allow researchers to alter an organism’s DNA by adding, deleting, or changing genetic information at specific sites in the genome. One of the significant trends in the gene editing market is the emergence of improved genome editing tools. The new genome editing techniques are reasonably inexpensive and can be utilised in a range of applications such as boosting agricultural food supply, correcting specific genetic defects in the human genome, and limiting disease spread. CRISPR-Cas9, which stands for Clustered Regularly Interspace Short Palindromic Repeats, is a gene editing technology. The approach employs a strand of DNA as molecular scissors, cutting the DNA at certain spots to allow for the addition of new genomes. This technology is faster, cheaper, more accurate, and efficient than other genome editing technologies now in use. Crispr Therapeutics (CRSP), Intellia Therapeutics (NTLA), and Editas Medicine are among the companies investing in CRISPR technology.

Gene Editing Market Prominent Players
Major players in the gene editing market are CRISPR, GenScript USA Inc., Horizon Discovery Group PLC., Integrated DNA Technologies, New England Biolabs, OriGene Technologies, Thermo Fisher Scientific, Merck KgaA, GenScript Corporation, Editas Medicine, Lonza Group, Sangamo, DNA 2.0, Bio RAD, Allele, Addgene, Sigma-Aldrich Corporation, Transposagen Biopharmaceuticals, Recombinetics, Precision Biosciences, Promega, Juno Therapeutics, Intellia Therapeutics, Qiagen, GE Healthcare Lonza, Cellectis, Dharmacon, AstraZeneca, and Agilent Technologies.

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The Gene Editing Global Market Report 2023  provides a comprehensive overview on the gene editing market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the gene editing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Gene editing is a technique that permits genetic material to change the genetic code at a specific point in a genome. Cell line engineering, animal genetic engineering, and plant genetic engineering are all included.

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