According to the new market research report “Genome Editing/Genome Engineering Market by Technology (CRISPR, TALEN, ZFN), Application (Cell Line Engineering & Genetic Engineering), End User (Research Centers, Pharmaceutical & Biotechnology Companies, CROs) - Global Analysis & Forecast 2019-2030”, published by Market Industry Reports, the global genome editing market was valued at over US$ 3.0 Bn. in 2017 and is expected to grow at a double digit CAGR during the forecasted period.
New York, NY -- (SBWIRE) -- 03/05/2019 -- The Study On Major Key Players in the Genome Editing/Genome Engineering Market are Thermo Fisher Scientific (US), Lonza Group (Switzerland), Merck (Germany), Horizon Discovery Group (UK), Integrated DNA Technologies (US), New England Biolabs (US), GenScript (US), Sangamo BioSciences (US), OriGene Technologies (US), Transposagen Biopharmaceuticals (US), Editas Medicine (US), and CRISPR Therapeutics (Switzerland)., among others.
The growth of this market can be attributed to the major factor that is utilization of the technique for therapeutic genetic editing in infected tissues and cells, thereby reducing the mutations.
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Strong product pipeline to boost the market
Strong product pipeline are anticipated to impact the industrial growth over the forecast period of 2019–2030. The novel products are designed to help in development of DNA targeting, with improved flexibility, specificity of nuclease, and the ease of Adeno-Associate Virus (AAV) packaging for delivery. Moreover, utilization of the technique through a number of methods such as disruption of viral DNA, correction in the toxic mutations, or the addition of therapeutic transgenes is projected to boost the adoption.
Increasing application of the technology to propel the market growth
Application of the technology for cell line genetic editing or engineering in the form of gene therapy and stem cell therapy accounted for the considerable share and is estimated to register lucrative growth. Furthermore, use of the genome editing technology for the development of novel molecules which can be targeted for treating various diseases such as infectious diseases and hematological malignancies is likely to drive the adoption of the technology in the coming years.
Global Genome Editing/Genome Engineering Market - Analysis & Forecast, By Technology
- TALEN (Transcription activator-like effector nucleases)
- Other Technologies
Global Genome Editing/Genome Engineering Market - Analysis & Forecast, By Application
- Genetic Engineering
- Cell Line Engineering
- Other Applications
Global Genome Editing/Genome Engineering Market - Analysis & Forecast, By End User
- Academic Institutes & Research Centers
- Contract Research Organization
- Pharmaceutical & Biotechnology Companies
- Other End User
View Full Report Details and Table of Contents- https://www.marketindustryreports.com/5/genome-editing-genome-engineering-market
Key points from TOC
11 COMPANY PROFILES
(Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
11.1 Merck Group
11.2 Horizon Discovery Group
11.4 Thermo Fisher Scientific
11.6 Origene Technologies
11.7 New England Biolabs
11.8 Sangamo Bioscience
11.9 Editas Medicine, Inc.
11.10 CRISPR Therapeutics AG
This Genome Editing/Genome Engineering market report holds answers to some important questions like:
- What is the size of occupied by the prominent leaders for the forecast period, 2019 to 2030? What will be the share and the growth rate of the Genome Editing/Genome Engineering market during the forecast period?
- What are the future prospects for the Genome Editing/Genome Engineering industry in the coming years?
- Which trends are likely to contribute to the development rate of the industry during the forecast period, 2019 to 2030?
- What are the future prospects of the Genome Editing/Genome Engineering industry for the forecast period, 2019 to 2030?
- Which countries are expected to grow at the fastest rate?
- Which factors have attributed to an increased sale worldwide?
- What is the present status of competitive development?
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