Global CRISPR Gene Editing Market Size, Share, Trends, Analysis Future and forecast 2022-27
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Let’s Run Through the CRISPR Gene Editing Market Insights to Have a Clear View
The Global CRISPR Gene Editing Market is projected to grow at a CAGR of around 18.24% during the forecast period, i.e., 2022-27.
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Examining the Top Competitors of the CRISPR Gene Editing Market Size:
In this section, we will explore the CRISPR Gene Editing Market from a competitive perspective, providing information on company profiles, financials, resources, key initiatives, R&D investments, strengths, weaknesses, and more. Leading companies in the market often form partnerships & collaborations to engage in joint venture programs, facilitating efficient resource sharing & goal achievement. Now, let’s delve into the details & acquaint ourselves with these market players.
- Abcam Inc.
- Applied StemCell Inc.
- Agilent Technologies Inc.
- Cellecta Inc.
- CRISPR Therapeutics AG
- Thermo Fischer Scientific Inc.
- GeneCopoeia Inc.
- GeneScript Biotech Corporation
- Horizon Discovery Group PLC
- Integrated DNA Technologies Inc.
- Merck KGaA
- New England Biolabs, Inc.
- Origene Technologies Inc.
- Rockland Immunochemicals Inc.
- Others (Synthego Corporation, ToolGen Inc., etc.)
A Comprehensive Overview of Geographical Diversity:
the Global CRISPR Gene Editing Market expands across:
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Key Driver: Prevalence of Genetic Disorders & Use of Genome Editing to Boost the Market Growth
The prevalence of genetic disorders has been increasing over the years across the globe. Some of the most prevalent are thalassemia, down syndrome, cystic fibrosis, and sickle cell anemia. For every 10,000 live births globally, 4.4 cases of thalassemia are reported. According to the Thalassemia International Federation, about 7% of the population experience hemoglobin-associated conditions, around 70% have sickle cell anemia, and the remaining develop thalassemia or other blood disorders.
Further, in recent years, CRISPR gene editing demand has been driven by significant breakthrough scientific research across various dimensions to treat hereditary disorders. As per the research publication of the New England Journal of Medicine, 2020, CRISPR gene therapies depicted positive results for treating sickle cell anemia & beta-thalassemia. In addition, ongoing clinical trials for the gene correction in homo sapiens to treat genetic disorders further augmented the growth of the CRISPR Gene Editing market globally. For instance:
Gene Correction in Autologous CD34+ Hematopoietic Stem Cells (HbS to HbA) to Treat Severe Sickle Cell Disease (CEDAR) clinical trial was posted in the USA, as of 2021, which is considered a first-in-human, single-arm study. The study is currently in Phase1/11 & is expected to be completed in 2026.
CRISPR Gene Editing Market Segmentation Outline:
- By Product Type (CRISPR Products (Kits & Enzymes, Libraries, Design Tools, Antibodies Others), CRISPR Services (gRNA Design & Vector Construction, Cell line & Engineering, Screening Services, Others))
- By Application (Agricultural, Industrial, Biomedical (Gene Therapy, Drug Discovery, Diagnostics), Others)
- By End User (Academic Institutions & Research Centers, Biotechnology Companies, Contract Research Organizations (CROs), Pharmaceutical & Biopharmaceutical Companies)
Key Questions Addressed in the CRISPR Gene Editing Market Research Report:
- What is the estimated size, share, & CAGR of the CRISPR Gene Editing Market in the forecast period?
- What are the key trends projected to impact the CRISPR Gene Editing Market during 2022-27?
- What are the different segments & sub-segments considered in the CRISPR Gene Editing Market research study?
- Who are the key stakeholders and players participating in the CRISPR Gene Editing Market?
- What would be the demand for different types of products/services in the CRISPR Gene Editing Market through 2027?
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Note: The CRISPR Gene Editing Market can further be customized with multi-dimensional, deep-level, & high-quality insights as per the specific requirements of clients to help them garner the industry’s prospects, effortlessly encounter market challenges, adequately formulate different strategies, and make sound decisions to remain competitive in the market.
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