Genome Editing Market Analysis

  • Report ID: 4807
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Genome Editing Market Analysis

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:

     Application

  • Cell Line Engineering
  • Genetic Engineering
  •  Drug Discovery
  •  Gene-modified Cell Therapy
  •  Diagnostics

     End Users

  • Academics & Government Institutes
  •  Biotechnology & Pharma Companies
  •  Hospitals

Technology

  • CRISPR
  • TALEN
  • ZFN

Delivery

  • Ex-vivo
  • In-vivo
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4807
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of genome editing is evaluated at USD 10.67 billion.

The genome editing market size was valued at USD 9.47 billion in 2024 and is expected to exceed USD 64.48 billion by the end of 2037, registering over 15.9% CAGR during the forecast period i.e., between 2025-2037. Prevalence of cancer worldwide, increased spending on healthcare and rising awareness owing to research will boost the market growth.

North America industry is expected to hold largest revenue share 35% by 2037, due to an increase in population and research activity in the region.

The major players in the market are Merck KGaA, Horizon Discovery Ltd., Lonza Group Ltd.,Twist Bioscience Corporation ,Akron Biotech., CRISPR Therapeutics, Sangamo Therapeutics,Editas Medicine, Intellia Therapeutics, Inc.,Setsuro Tech Inc. and others
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