The growth of Genome Editing/Genome Engineering market can be attributed to the major factor that is utilization of the technique for the rapeutic genetic editing in infected tissues and cells, thereby reducing the mutations.
NY Times, NY -- (SBWIRE) -- 02/11/2019 -- Some of the prominent players operating in this vertical include Caribou Biosciences, Inc., Editas Medicine, Sangamo, Recombinetics, Inc, CRISPR THERAPEUTICS, Thermo Fisher Scientific, Inc., Intellia Therapeutics, Inc., and The Sigma Aldrich Corporation, 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.
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Market Industry Reports (MIR) has published a new report titled "Genome Editing/Genome Engeineering Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report 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.
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.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the 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 in detail along with the table of contents: https://www.marketindustryreports.com/press-release/10/crispr-technology-market
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.
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Region wise performance of the Genome Editing/Genome Engineering industry
This report studies the global Genome Editing/Genome Engineering market status and forecast, categorizes the global Genome Editing/Genome Engineering market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Report holds answers to important questions:
- What will be the estimated market size and the growth rate of the Genome Editing/Genome Engineering for the forecast period, 2019 - 2030?
- What are the major driving forces shaping the progress of the Genome Editing/Genome Engineering market worldwide?
- Who are the key industry players dominating the Genome Editing/Genome Engineering industry and what has been their performance status so far?
- What are the major trends and challenges that have influenced the growth of the Genome Editing/Genome Engineering market across different regions?
- What type of opportunities can the major market players bank on for the forecast period, 2019 - 2030?
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