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What Factors Are Driving the Anticipated Growth Rate of the CRISPR-Based Diagnostics Market Through 2034?

There has been a swift expansion in the market size of CRISPR-based diagnostics in the past few years, with projections for further growth from $4.35 billion in 2024 to $5.14 billion in 2025. This indicates a compound annual growth rate (CAGR) of 18.1%. Several factors drive this expansion in the historic period, including an increase in healthcare spending, higher demand for gene editing, a surge in the occurrence and prevalence of chronic diseases, amplified treatment awareness, and a rise in the frequency of genetic diseases.

The market size of CRISPR-based diagnostics is projected to experience a significant increase in the upcoming years, with an expected worth of $9.92 billion in 2029 and an impressive compound annual growth rate (CAGR) of 17.9%. This anticipated rise during the forecasted period can be attributed to factors such as an increased need for swift and precise diagnostics, the expanding uses in the detection of infectious diseases, government and institutional financial support, enhanced identification of antibiotic resistance, and a growing awareness and acceptance of CRISPR technologies. Key trends anticipated within the forecast period encompass point-of-care (POC) testing, CRISPR-Cas12 and Cas13 systems, the growth of personalized medicine and genetic screening, the integration of nanotechnology and biosensors, plus early disease detection using CRISPR-based methods.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the CRISPR-Based Diagnostics Market?

The escalating prevalence of infectious illnesses is predicted to fuel the expansion of the CRISPR-based diagnostics market in the future. Infectious diseases are health conditions triggered by harmful microorganisms such as bacteria, viruses, fungi, or parasites. These diseases can transmit directly or indirectly among individuals, via contaminated objects, food, water, or disease-carrying agents like insects. The prevalence of these conditions is increasing due to elements such as globalization, antibiotic resistance, climate change, city expansion, population growth, destruction of natural habitats, and inadequate access to healthcare services. CRISPR-based diagnostics strengthen the battle against infectious conditions by providing swift and precise detection of pathogens, enabling early identification, prompt intervention, and effective measures for containment. For instance, the UK Health Security Agency, a UK-based executive agency, disclosed in August 2024 that England recorded 368 measles cases in 2023, indicating a nearly sevenfold surge from the 53 instances documented in 2022. These cases were primarily located in the West Midlands and London, accounting for 44% and 33% of the total instances, respectively. Consequently, the mounting prevalence of infectious diseases is bolstering the CRISPR-based diagnostics market.

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Who Are the Major Industry Leaders Accelerating Growth in the CRISPR-Based Diagnostics Market?

Major companies operating in the CRISPR-based diagnostics market are:

• Thermo Fisher Scientific Inc._x000D_

• Integrated DNA Technologies Inc._x000D_

• Molbio Diagnostics_x000D_

• Horizon Discovery_x000D_

• Beam Therapeutics_x000D_

Which Current Trends Are Having the Most Impact on the CRISPR-Based Diagnostics Market?

Leading entities in the CRISPR-based diagnostics market are prioritizing the establishment of strategic alliances to improve access to swift and precise diagnostics via CRISPR-based point-of-care examinations. A strategic alliance is an enduring cooperation between two or more firms that pool resources and knowledge to attain reciprocal objectives and boost their competitive edge. For example, in August 2023, CrisprBits Private Limited, a biotech firm based in India, unveiled a strategic alliance with Molbio Diagnostics, another Indian molecular diagnostics company, to create CRISPR-based Point-of-Care Tests (POCTs). This partnership focuses on the development of fast, accurate, and economical diagnostic tools using CRISPR technology for the identification of pathogens and genetic markers. These POCTs are engineered to improve diagnostic access in various environments, including ones with limited resources, while guaranteeing quick and precise disease identification. The partnership merges CrisprBits’ proficiency in CRISPR-based platforms with Molbio’s manufacturing and distribution capacities to introduce these tests to the worldwide market.

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What Are the Major Categories and Their Growth Dynamics in the CRISPR-Based Diagnostics Market?

The CRISPR-based diagnostics market covered in this report is segmented –

1) By Product: Kits, Buffer Solutions, Software, Other Products

2) By Technique: Recombinase Polymerase Amplification (RPA), Loop-mediated Isothermal Amplification (LAMP), Other Techniques

3) By Disease: Infectious Diseases, Non-Infectious Diseases

4) By End-User: Hospitals, Diagnostic Centers, Biotechnology Companies, Academic And Research Institutes, Other End-Users

Subsegments:

1) By Kits: CRISPR Detection Kits, CRISPR Amplification Kits, CRISPR-Based Assay Kits

2) By Buffer Solutions: CRISPR Reaction Buffers, CRISPR Lysis Buffers

3) By Software: CRISPR Data Analysis Software, CRISPR Design Software, CRISPR Diagnostic Platforms Software

4) By Other Products: CRISPR Enzymes, CRISPR Reagents, CRISPR-Based Probes

Which Regions Are Key Players in the Growth of the CRISPR-Based Diagnostics Market?

North America was the largest region in the CRISPR-based diagnostics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the CRISPR-based diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Key Elements Shape the Definition of the CRISPR-Based Diagnostics Market?

CRISPR (clustered regularly interspaced short palindromic repeats)-based diagnostics refers to advanced molecular tools leveraging the CRISPR-Cas system to detect specific nucleic acid sequences with high precision and speed for identifying diseases or genetic markers, offering revolutionary capabilities in medical and genomic analysis. These diagnostics are utilized in applications such as detecting infectious diseases, identifying genetic disorders, and monitoring mutations in cancer research and treatment, with growing potential in personalized medicine and point-of-care testing.

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