CRISPR/CAS 9 Technology Market Share 2020-2028 Growing Rapidly in UK and other regions- Analysis by Size, Types and Top Key Players – Boston Merck KGaA, AstraZeneca PLC, GenScript
The global CRISPR/CAS 9 technology market size is expected to reach USD 6,221 Million at a steady revenue CAGR of 20.4% in 2028, according to latest analysis by Emergen Research. Robust global CRISPR/CAS 9 technology market revenue growth is driven to a significant extent by rising support through government and private funding. Genetic engineering is witnessing substantial transformation due to CRISPR/CAS 9, which is a gene-editing tool. CRISPR/CAS 9 allows scientist to alter DNA of different species with precision and high speed.
The specialist consulting approach adopted to study the CRISPR/CAS 9 Technology market by size, share. and growth form an important part of this market intelligence report. Expertise research specialist not only weight upon the company profiles of the major vendors but also significant aspects such as import and export status, supply chain management, demand and supply and distribution channel. Vital statistics on product positioning, consumption volume, a dramatic shift in consumer preferences, spending power and other are explained through resources including charts, graphs, and infographics.
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CRISPR/CAS 9 Technology Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA
Some Key Highlights From the Report
In May 2021, ERS Genomics Limited and GenScript Biotech Corporation announced signing of a non-exclusive agreement granting the latter access to ERS Genomics’ CRISPR/Cas9 patent portfolio. ERS was formed to provide access to foundational CRISPR/Cas9 intellectual property that is co-owned by GenScript Biotech Corporation and Dr. Emmanuelle Charpentier. The agreement will enhance GenScript’s CRISPR offering for gene and cell therapy research.
Service segment revenue is expected to expand at a rapid rate during the forecast period as several researchers working on genome engineering are adopting CRISPR/CAS 9 products. Cell line engineering is one of the most commonly used services. Companies are leveraging this technology to engineer a wider range of CRISPR models with locus-specific modifications.
Biomedical segment accounted for a significantly large revenue share in 2020 due to increased implementation of CRISPR in several areas of biomedical science. Extensive research and implementation of nano-carriers has improved efficacy of the product and is further driving revenue growth of the segment.
Academics & government research institutes segment revenue is expected to expand at a rapid rate during the forecast period due to high number of ongoing pipeline projects. Increased investment by government and private sectors to develop more advanced technologies for treatment of chronic diseases is further driving revenue growth of this segment.
North America accounted for largest revenue share in 2020 due to increased government investment in development of innovative solutions to treat genetic diseases. Crops treated with CRISPR in countries in the region are not classified as GMOs (Genetically modified organisms), which further attract several agricultural companies to commercialize CRISPR-edited crops.
Some major players in the market include Boston Merck KGaA, AstraZeneca PLC, GenScript, eGenesis, Caribou Biosciences, Inc., Horizon Discovery Group plc, Lonza, Thermo Fisher Scientific, Inc., Hera BioLabs, and Takara Bio Inc.
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Important Points Mentioned in the CRISPR/CAS 9 Technology Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years’ sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.
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Emergen Research has segmented the global CRISPR/CAS 9 Technology market on the basis of product & service, application, end-use, and region:
CRISPR/CAS 9 Technology Product & Service Outlook (Revenue, USD Million; 2018–2028)
By Product
Kits & Enzymes
Vector-based Cas
DNA-free Cas
Libraries
Design Tool
Antibodies
Others
By Service
Cell Line Engineering
gRNA Design
Microbial Gene Editing
DNA Synthesis
CRISPR/CAS 9 Technology Application Outlook (Revenue, USD Million; 2018–2028)
Biomedical
Genome Engineering
Disease Model Studies
Functional Genomics
Epigenetics
Others
Agricultural
CRISPR/CAS 9 Technology End-use Outlook (Revenue, USD Million; 2018–2028)
Biotechnology & Pharmaceutical Companies
Contract Research Organizations (CROs)
Academics & Government Research Institutes
Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the CRISPR/CAS 9 Technology market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the CRISPR/CAS 9 Technology market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2028?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the CRISPR/CAS 9 Technology market growth worldwide?
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Table of Content
Chapter 1. CRISPR/CAS 9 Technology Market Methodology & Sources
1.1. CRISPR/CAS 9 Technology Market Definition
1.2. CRISPR/CAS 9 Technology Market Research Scope
1.3. CRISPR/CAS 9 Technology Market Methodology
1.4. CRISPR/CAS 9 Technology Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2028
Chapter 3. CRISPR/CAS 9 Technology Market Key Insights
Chapter 4. CRISPR/CAS 9 Technology Market Segmentation & Impact Analysis
Chapter 5. CRISPR/CAS 9 Technology Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. CRISPR/CAS 9 Technology Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. CRISPR/CAS 9 Technology Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. CRISPR/CAS 9 Technology Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. CRISPR/CAS 9 Technology Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…
