Genome Engineering Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technology (CRISPR, TALEN, ZFN, Antisense, Others), By Delivery Method (Ex-Vivo v/s In-Vivo), By Application (Cell Line Engineering, Genetic Engineering, Diagnostic Applications, Drug Discovery & Development, Others), By End User (Pharmaceutical & Biotechnology Companies, Academic & R

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Genome Engineering Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technology (CRISPR, TALEN, ZFN, Antisense, Others), By Delivery Method (Ex-Vivo v/s In-Vivo), By Application (Cell Line Engineering, Genetic Engineering, Diagnostic Applications, Drug Discovery & Development, Others), By End User (Pharmaceutical & Biotechnology Companies, Academic & R

The global genome engineering market is anticipated to witness an impressive growth during the forecast period.

Increasing Development of Novel Technologies

Various companies and academic & research institutions are using genome engineering technique for the development of new therapies and treatment. This is not only helping them improvise their status but also improving the market positioning of various companies and helping them have an edge over other players operating in the market. For instance, Sangamo Therapeutics, Inc.'s SB-FIX, a zinc finger nuclease (ZFN)-mediated in vivo genome editing treatment for hemophilia B, recieved clinical trial authorization (CTA) from the U.K.'s Medicines and Healthcare Products Regulatory Agency (MHRA) in February 2018. Similarly, t

Increasing Funding and Investments for Research

The increasing funding and investments in the study and development of new genetic engineering technologies is expected to create lucrative opportunities for the growth of genome engineering market in the coming years. For instance, the United States National Institutes of Health (NIH) stated in January 2018 that it would be supporting genome editing research through its new program called Somatic Cell Genome Editing. Under this program grants will be provided to researchers across Canada and United States to conduct research related to genome editing.

Growing Application Areas of Genomics

The applications of genomics have significantly increased over the years across different fields including forensics, genetic disorders, drug discovery, agriculture among others. The advent of Next Generation sequencing has increased the application of genomics across the fields of forensics. Future trends in genome engineering includes its application in the field of nutraceuticals, marine engineering among others. Personalized nutrition and precision medicine are another field wherein the demand for genome engineering is expected to increase. A lot of research and clinical trials are being conducted across different parts of the globe to identify more areas wherein genomic engineering is used. This in turn will create lucrative opportunities for the growth of global genomic engineering market over the next few years.

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Market Segmentation


MIR Segment1

,

Attribute

Details

Base Year

2021

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         By Technology

·         By Delivery Method

·         By Application

·         By End User

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

Merck KGaA, Sangamo Therapeutics, Inc., Genscript Biotech Corp, CRISPR Therapeutics AG, Editas Medicine, Inc., Precision BioSciences, Inc., Horizon Discovery Group plc, Lonza Group Ltd., OriGene Technologies, Inc., Transposagen Biopharmaceuticals, Inc.

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10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

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