Genome Editing/Genome Engineering Market Set for Rapid Growth to Reach CAGR of over 14.1% by 2030 - Thermo Fisher Scientific, Lonza, Merck
Genome editing market was valued at over US$ 3.0 Bn. in 2017 and is anticipated to grow at a CAGR of 14.1% from 2019 to 2030.
New York, NY -- (SBWire) -- 05/04/2020 --Genome Editing/Genome Engineering technique are used for insertion, deletion or modify genome of a microorganism. Techniques like TALEN, CRISPR (clustered regularly interspaced palindromic repeat) and other technique are widely used in genome editing/engineering process. CRISPR-Cas9 technique is one of the most widely preferred technologies in genome editing. The global genome editing/genome engineering market is driven by technological advancements in the genomics, rising number of cancer patients, and increasing funding by government & private players in the genomics are major factors driving the market. However, ethical issue related to genome editing/genome engineering is likely to restrain the market to certain extent.
Major Key Players of the Genome Editing/Genome Engineering Market are:
Thermo Fisher Scientific, Lonza, Merck, Horizon Discovery Group, Integrated DNA Technologies, 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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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.
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.
Major Types of Genome Editing/Genome Engineering Market covered are:
Major Applications of Genome Editing/Genome Engineering Market covered are:
Cell Line Engineering
– To study and analyze the global Genome Editing/Genome Engineering consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Genome Editing/Genome Engineering market by identifying its various sub-segments.
– Focuses on the key global Genome Editing/Genome Engineering manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Genome Editing/Genome Engineering with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Genome Editing/Genome Engineering Market Size
2.2 Genome Editing/Genome Engineering Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Genome Editing/Genome Engineering Market Size by Manufacturers
3.2 Genome Editing/Genome Engineering Key Players Head office and Area Served
3.3 Key Players Genome Editing/Genome Engineering Product/Solution/Service
3.4 Date of Enter into Genome Editing/Genome Engineering Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Genome Editing/Genome Engineering Sales by Product
4.2 Global Genome Editing/Genome Engineering Revenue by Product
4.3 Genome Editing/Genome Engineering Price by Product
5 Breakdown Data by End User
5.2 Global Genome Editing/Genome Engineering Breakdown Data by End User
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In the end, Genome Editing/Genome Engineering industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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