Application (Cell Line Engineering, Genetic Engineering, Drug Discovery, Gene-modified Cell Therapy, Diagnostics)
Genetic engineering segment in the genome editing market is expected to garner a significant share in the year 2037. The growth of this segment can be attributed to advancements in gene editing technologies. Recent progress in gene editing technologies, such as CRISPR-Cas9, has significantly improved the accuracy and effectiveness of genetic engineering. As a result, new opportunities for gene therapy, drug development, and agricultural applications have emerged.
End Users (Academics & Government Institutes, Biotechnology & Pharma Companies, Hospitals)
Hospitals segment is estimated to gain the largest market share of about 42% in the year 2037. The healthcare industry is expanding rapidly, with a significant number of patients contributing to the growth of the sector. There has been a notable increase in the number of hospitals, with approximately 6,100 hospitals in the United States by 2022. Hospitals offer a wide range of medical care, and with genome editing emerging as a major treatment for many illnesses, the hospitals segment is expected to continue to grow.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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