Luton, Bedfordshire, United Kingdom, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Genome Editing Market.
In the changed post COVID-19 business landscape, the Genome Editing Market is expected to grow at USD 14.56 billion from 2023 to 2029, accelerating at a CAGR of 18.5%.
Genome Editing Market Outlook (2023 to 2029)
Genome editing is a technology that allows scientists to change the DNA of many organisms, including plants, bacteria and animals. Editing DNA can lead to changes in physical traits such as eye color and disease risk. Scientists use different techniques to do this. Genome editing technology allows scientists to make changes to DNA, resulting in changes in physical characteristics such as eye color and disease risk. Scientists use different techniques to do this. These technologies work like scissors, cutting DNA at specific points. Scientists can then remove, add, or replace the cut DNA.
Genome editing, also called gene editing, is a field of research aimed at modifying the genes of organisms to improve our understanding of gene function and to develop methods of using them to treat inherited or acquired diseases. Genome editing is widely used in the study of various organisms. For example, CRISPR has been used to create 'knockout' models of various animal diseases, allowing researchers to study the underlying genetic causes. In addition, we can change the genes of specific tissues and organs, promote disease research by focusing on causative genes, create disease cell models like human pluripotent stem cells, and make swine viruses intolerant. It is also used to revitalize pig organs so that they can function. Used as a source of human replacement organs. Altering yeast cells to produce biofuels and improve crop strains is also being researched. Gene-driven techniques using CRISPR enable genetically engineered traits to spread through populations of sexually reproducing organisms at a rate faster than natural evolution. This study can be applied to modify mosquito populations to prevent transmission of infectious diseases.
Genome Editing Market Have Played a Major Role in the Development of New Technologies by Governments in Various Countries across Globe
Get a Free Sample PDF of this Research Report for more Insights-> https://exactitudeconsultancy.com/reports/3025/genome-editing-market/#request-a-sample
(Before making a purchase, you may evaluate the quality of our in-depth research and studies with the help of sample reports)
Growth Drivers
Genome Editing is widely used in biotechnology and pharmaceutical companies; these companies are constantly indulged in research and development activities to prepare an antidote for the various infectious disease and cancer that helps to augment market growth.
In recent years, governments in various countries across globe, have made significant investments in the field of genomics, which have played a major role in the development of new technologies in genome editing. Moreover, the availability of government funding has enabled academic and government institutes to carry out in-depth research related to genome editing/engineering. Lack of trained professionals and adverse public perception of genetic research is likely to be the restraint for the market growth.
Get a Sample Copy of the Genome Editing Market Report 2023
Market Positioning of Key Vendors
Major companies active in the global Genome Editing industry include
- System Biosciences LLC
- Horizon Discovery Group PLC
- Takara Bio
- GeneCopoeia, Inc
- Cellecta, Inc.
The presence of established industry players is characterized by mergers and acquisitions, joint ventures, expansion of production capacity, extensive distribution and branding decisions to improve market share and regional footprint. Also, they are involved in ongoing research and development activities to develop new products and focus on expanding the product portfolio. This is expected to increase competition and pose a potential threat to new entrants.
Recent Industry Developments:
In 2022, Thermo Fisher Scientific acquired Brammer Bio to access Brammer Bio’s expertise in manufacturing vectors for genes and cell therapies
In 2022, Horizon Discovery launched predesigned synthetic single-guide RNA (sgRNA) to aid researchers in achieving targeted gene knockouts and conducting DNA-gene free editing.
Browse the full “Genome Editing Market by Technology Type (CRISPR, Talen, ZFN, Others), Application (Gene Therapy, Disease Models, Functional Genomics, Knockdown/Activation, Others), End User, And Region, Global Trends and Forecast From 2023 to 2029” Report at https://exactitudeconsultancy.com/reports/3025/genome-editing-market/
Report Scope
| Report Attribute | Details |
| Market Size in 2022 | USD 4.30 billion |
| Projected Market Size in 2029 | USD 14.56 billion |
| CAGR Growth Rate | 18.5% CAGR |
| Base Year | 2022 |
| Forecast Years | 2023-2029 |
| Key Market Players | System Biosciences LLC, Horizon Discovery Group PLC, Takara Bio, GeneCopoeia, Inc., and Cellecta, and others. |
| Key Segment | by Technology type, by Application, by End User, and by Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. |
Key Market Segments: Genome Editing Market
Genome Editing Market by Technology Type
- Crispr
- Talen
- ZFN
- Others
Genome Editing Market by Application
- Gene Therapy
- Disease Modules
- Functional Genomics
- Knockdown/Activation
- Others
Genome Editing Market by End User
- Biotechnology & Pharmaceutical Companies
- Contract Research Organizations
- Academic & Government Research Institutes
- Others
Genome Editing Market by Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered (Total Country Profiles 25)
Email Directly Here with Detail Information: sales@exactitudeconsultancy.com
Regional Insights:
North America is expected to dominate the market over the forecast period
The genome editing market is dominated by North America due to strong growth trends in the pharmaceutical and biotechnology industries. Factors such as innovations in genome editing technology, increasing product approvals, and increasing R&D practices are expected to boost the growth of the market during the study period.
Browse the complete table of contents at-> https://exactitudeconsultancy.com/reports/3025/genome-editing-market/#table-of-content
Key Questions Addressed by the Genome Editing Market?
- What will the market size and growth rate for Genome Editing Market be in forecast period?
- What main forces are influencing the global Genome Editing Market?
- What are the key market trends that are influencing the market for Genome Editing Market?
- What are the market growth barriers for Genome Editing Market?
- What are the opportunities and risks that the vendors in the global Genome Editing Market must deal with?
- What are the Genome Editing Market upstream raw materials and production tools? What steps are involved in the production of Genome Editing Market?
- What patterns, difficulties, and dangers are affecting its development?
- Which current trends are affecting the market shares of Genome Editing Market in the leading international locations?
- In the market for Genome Editing Market globally, who are the major companies and what are their business strategies?
- What economic trends, forces, and problems are influencing its development?
- What are the main findings of the market for Genome Editing Market in the world's five forces analysis?
To know an additional revised 2023 list of market players, request a sample report: https://exactitudeconsultancy.com/reports/3025/genome-editing-market/#request-a-sample
Browse Other Related Research Reports from Exactitude Consultancy
Genome Engineering Market| Global Industry Insights, Growth, Size, Share: https://exactitudeconsultancy.com/reports/1994/genome-engineering-market/
Artificial Intelligence In Genomics Market| Global Industry Trends and Forecast:
https://exactitudeconsultancy.com/reports/12639/artificial-intelligence-in-genomics-market/
Gene Expression Market| Global Industry Analysis, Growth, Trends and Outlook:
https://exactitudeconsultancy.com/reports/2942/gene-expression-market/
Gene Therapy Market | Global Industry Insights, Share, Comparative Analysis Report:
https://exactitudeconsultancy.com/reports/3443/gene-therapy-market/
