Pune 11 April 2023: The “Gene Editing Market” was USD 6.01 Bn in 2022 and is expected to grow at a CAGR of 18 percent to reach USD 19.17 Bn by 2029 during the forecast period. The Gene Editing Market report is published by Maximize Market Research and is available in the market.
Gene Editing Market Scope and Research Methodology
The report is a thorough analysis of the Gene Editing market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Gene Editing market. The bottom-up approach was used to understand the Gene Editing market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the Gene Editing market. The financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the competitive environment for the Gene Editing market.
Regional analysis of the Gene Editing market conducted at a local, regional and global level. The report also provides information on the emerging regions that are expected to be major markets for the Gene Editing market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Gene Editing market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Gene Editing Market.
Gene Editing Market Dynamics
A genetic disorder occurs when a mutation affects the genes. The increasing incidences of genetic orders resulted in to increase in the demand for solution-based genome editing and the development of drugs. This helps to drive the growth of the market.
The Gene Editing Market is driven by the increasing investment in genetic research, increasing demand for synthetic genes in developing nations, the significant potential of gene editing for genetic disorders treatments and rapid advancements in sequencing and genome editing technologies. The strong growth in the biotechnology and pharmaceutical industries and the increase in the use of products derived from genetically modified organisms are also influencing factors for the growth of the market. During the forecast period, market growth is expected to be hampered by the high costs of genomics instruments.
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Gene Editing Market Regional Insights
In 2022, North America held the Gene Editing market with a 38 percent market share and is expected to grow significantly during the forecast period. The regional market growth is driven by the presence of leading industry players, an increase in the number of rare diseases, adoption of advanced gene editing technologies. The increase in research and development activities and growth in the biotechnology and pharmaceutical industries are also influencing factors for market growth.
Asia Pacific dominated the Gene Editing Market share in 2021. An increase in the research of gene editing, increasing demand in the biotechnology sectors and a rise in the government expenditure for genomic research are the regional drivers for the growth of the Gene Editing Market.
Gene Editing Market Segmentation
By Technology
- CRISPR
- TALEN
- ZFN
- Antisense
- Other technologies
By Application
- Cell line Engineering
- Genetic Engineering
- Other Applications
By End-user
- Biotechnology & Pharmaceutical Companies
- Academic & Research Institutes
- Contract Research Organizations
Gene Editing Market Key Players Include:
- Thermo Fisher Scientific (US)
- Horizon Discovery Group (UK)
- Merck (Germany)
- Genscript (US)
- Integrated DNA Technologies (US)
- Sangamo Biosciences (US)
- Lonza (Switzerland)
- Origene Technologies (US)
- New England Biolabs (US)
- Transposagen Biopharmaceuticals (US)
Table of Content for Global Gene Editing Market:
- Global Gene Editing Market: Research Methodology
- Global Gene Editing Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Gene Editing Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Gene Editing Market Segmentation
- Global Market, by Technology (2021-2029)
- Global Market, by Application (2021-2029)
- Global Market, by End-user (2021-2029)
- Regional Gene Editing Market (2022-2029)
- Regional Market, by Technology (2021-2029)
- Regional Market, by Application (2021-2029)
- Regional Market, by End-user (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis of the Technology, Application , End-User and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
Key questions answered in the Gene Editing Market are:
- What is Gene Editing?
- What was the Gene Editing market size in 2021?
- What is the growth rate of the Gene Editing Market?
- Which are the factors expected to drive the Gene Editing market growth?
- What are the different segments of the Gene Editing Market?
- What are the factors restraining the growth of the Gene Editing Market?
- What is the demand pattern of the Gene Editing Market?
- What are the major challenges that the Gene Editing Market could face in the future?
- What segments are covered in the Gene Editing Market?
- Who are the key players in the Global Gene Editing market?
- What are the upcoming industry applications and trends for the Gene Editing Market?
Maximize Market Research is leading Healthcare and research firm, has also published the following reports:
Genome Editing Market – The market size is expected to reach USD 16.19 Bn by 2029 at a CAGR of 17.3 percent during the forecast period. The market is driven by technological advancement and increase in application areas of genomics such as increasing documentation of human genetic disorders, drug discovery, etc.
CRISPR And Cas Genes Market – The market size is expected to reach USD 11.60 Bn by 2029 at a CAGR of 21.4 percent during the forecast period. The market is driven by the development of CRISPR-based diagnostics, advanced technologies and growing biotechnology and pharmaceutical industries.
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