Genome Editing Market Revenue, Company Profile, Key Trend Analysis & Forecast, 2030
The
global Genome Editing Market size is expected to reach USD 30.23 billion in
2030 and register a CAGR of 18.2% over the forecast period, according to the
latest report by Reports and Data. Key factors such as rising application of
Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) genome in
different fields of biotechnology and increasing investments by governments and
private investors in biotechnology & biomedical research are driving market
revenue growth. Genome editing, commonly known as gene editing or genome
engineering is a process that allows researchers to change or modify gene
sequences of living organisms.
Genome
editing, also known as gene editing or genome engineering, is a process used to
change or modify gene sequence of an organism. This process allows scientists
to add, alter, or remove genetic material at specific locations in the genome.
Genome editing is applied in different domains such as pharmaceutical research,
academic research, applied biotechnology, and biomedical research.
The
global Genome Editing market research report provides a brief overview
inclusive of competitive landscape and key developments in the market. It
provides an extensive study analysis of the strategic alliances such as mergers
and acquisitions, joint ventures, collaborations, product launches and brand
promotions, corporate deals and partnerships, among others. It also offers
insights into company overview, financial standing, business expansion plans,
and revenue growth of each company. It also sheds light on product advancement,
technological developments, and research and development activities.
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Some
Key Highlights From the Report:
· In December 2019, Horizon Discovery Group launched its
predesigned synthetic Single Guide RNA (sgRNA). It would enable researchers to
obtain reliable gene knockouts in difficult-to-edit, complex cell types, and
experimental models.
· Clustered Regularly Interspaced Short Palindromic
Repeats (CRISPR) segment accounted for largest revenue share in the global
market in 2020. CRISPR has various advantages such as ease of use, enhanced
efficacy, and cost-effectiveness. Therefore, it is extensively used by
researchers in gene alteration processes.
· Asia Pacific accounted for a 23.4% revenue share in
the global market in 2020 and is expected to register fastest revenue CAGR
compared to other regional markets over the forecast period. This can be
attributed to rising prevalence of various infectious diseases.
Key
Players:
Some
players in the market report include Thermo Fisher Scientific, Merck & Co,
Horizon Discovery Limited, Lonza, GenScript, Eurofins Scientific, Precision
Biosciences, Oxford Genetics, Intellia Therapeutics, and Sangamo Therapeutics.
Key
Questions Addressed in the Report:
- What is the
expected revenue growth rate the global Genome Editing market is
expected to register during the forecast period?
- What are the
key growth driving factors of Genome Editing market?
- Who are the
leading players in the market?
- What are the
key outcomes of SWOT analysis and Porter’s Five Forces analysis?
- Which region
is expected to account for the largest market share in the
global Genome Editing
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Regional
analysis covers study of the market in key geographical regions of the world
including North America, Europe, Asia Pacific, Latin America, and
Middle East & Africa. The report further predicts the regions expected
to account for the largest revenue share in the forecast period and the CAGR
for the forecast period. The section further discusses in detail the production
and consumption ratio, supply and demand, export and import, consumer demand
and behavior, and presence of key players in each region. The section further
offers a country-wise analysis to provide deeper insights into the global
market.
An
extensive analysis of the global market is included in the report which covers
different factors from region-centric key statistical data to macro- and
micro-economic factors that are crucial for forecast assessment. The study also
offers a comprehensive analysis of the growth prospects, patents, technological
advancements, and product launches in the market.
Market
Segmentation:
Regional
Outlook (Revenue, USD Billion; 2019-2030)
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle East
& Africa
Technology
Outlook (Revenue, USD Billion; 2019-2030)
- Clustered
Regularly Interspaced Short Palindromic Repeats (CRISPR)
- Zinc-finger
Nucleases (ZFNs)
- Transcription
Activator-like Effector Nucleases (TALEN)
- Antisense
- Others
Product
and Service Outlook (Revenue, USD Billion; 2019-2030)
- Software
& Systems
- Reagents
& Consumables
- Services
Application
Outlook (Revenue, USD Billion; 2019-2030)
- Cell Line
Engineering
- Diagnostic
Applications
- Genetic
Engineering
- Drug
Discovery & Development
- Others
End-Use
Outlook (Revenue, USD Billion; 2019-2030)
- Pharmaceutical
Companies
- Biotechnology
Companies
- Academic
& Government Research Institutes
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Key
Points Addressed in the Report:
- A detailed
analysis of the global Genome Editing market through assessment
of key market aspects such as technology, product type, application,
end-use, and overall industry dynamics.
- Qualitative
and quantitative analysis of the market estimation and CAGR calculation
for the forecast period.
- All-inclusive
assessment of market dynamics with emphasis on drivers, restraints,
opportunities, and limitations.
- Extensive
profiling of key companies operating in the market including company
overview, financial standing, product offerings, product portfolio, recent
product and technological advancement, and business expansion plans.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
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