The global gene editing market can be divided into the regional segments of North America, Europe, Asia Pacific, and Rest of the World. The U.S. gene editing market is expected to display robust growth due to growth trend manifested by biotechnology and pharmaceutical companies and adoption of advanced technologies such as CRISPR for treating chronic hereditary diseases.
San Francisco, CA -- (SBWIRE) -- 06/28/2019 -- The demand within the global market for gene editing has been rising on account of key advancements in the field of genetics and microbiology. Gene editing is a special type of genetic engineering that is used to insert, modify, delete, or replace DNA from the genome of a living organism. On account of the quest of the medical fraternity to study several genetic diseases and disorders, the demand for gene editing has reached new heights over the past decade. Moreover, development of research labs and testing facilities across all major regions of the world has also created demand within the gene editing market. A report added by TMR Research creates a basis to understand the dynamics floating in the global market for gene editing. The title of the report is "Gene Editing Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025".
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Rise in the import and export of genetically modified organisms (GMOs) has played a pivotal role in the growth of the global market for gene editing. Furthermore, the demand for gene editing has traced an upward graph due to regulations with regards to plant and animal wellbeing, security of life, and human health. Furthermore, pharmaceutical companies and biotechnology firms have set on a quest to optimize their growth which has also made the demand for gene editing more pronounced.
On the basis of geography, the demand within the market for gene editing in North America is rising at a boisterous rate, majorly due to the presence of key research facilities across the US and Canada.
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Some of the key companies in the global market for gene editing are Qiagen, Dharmacon, Sigma-Aldrich, Bio Rad, Allele Biotech, and CRISPR Therapeutics.
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