CRISPR Technology Market

According to a research report "CRISPR Technology Market by Component (Enzymes, Kits & Reagents, Guide RNA, Others), Application (Biomedical, Agriculture, Diagnostics, Others), End-user (Academic Research Organizations, Biopharmaceutical Companies, Agricultural Biotechnology Companies, Contract Research Organizations (CROs) & Region - Global Forecast to 2030".

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• 190 - Market Data Tables 
• 71 - List of Figures
• 301 - Pages

Market Overview: CRISPR (short for “clustered regularly interspaced short palindromic repeats”) is a technology that research scientists use to selectively modify the DNA of living organisms. CRISPR was adapted for use in the laboratory from naturally occurring genome editing systems found in bacteria. The CRISPR technology market refers to the emerging biotechnology and genetic engineering landscape centered on Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) and CRISPR-associated (Cas) proteins. CRISPR technology has revolutionized genetic editing and precision medicine, allowing scientists to edit DNA with unprecedented precision and ease. This market includes various components, including CRISPR tools, systems and services related to gene editing, therapeutic development and research applications. The market for CRISPR technology is expanding at an impressive rate because of its revolutionary potential in fields including gene therapy, medicine development, and agricultural biotechnology. Unprecedented potential for fundamental research and therapeutic applications have arisen due to the capacity to target and change individual genes inside an organism's DNA.

Market Dynamics

Drivers:

• Increasing number of ongoing clinical trials across the globe.
• Increasing development of novel therapeutics
• High Prevalence of Genetic Disorders

Opportunities:

• Increasing government and private funding
• Increasing Applications of CRISPR

The market for CRISPR Technology is dominated by North America.

The CRISPR technologies Market is dominated by North America, which has played a significant role in the development and use of gene-editing technologies. Numerous elements, such as significant R&D projects, solid finance, robust infrastructure, and an innovative environment, are responsible for the region's dominance in this field. Leading the way in the development of CRISPR technology is the United States. The nation is home to a thriving ecosystem of biotech firms, university research institutes, and pharmaceutical behemoths that are actively working to develop genome editing technology. The development and implementation of CRISPR technology is fueled by the existence of prominent academic institutions and research facilities devoted to precision medicine and genomics.

Because of the rising demand for applications including biomedical, agricultural, industrial, and others, the Asia-Pacific market is anticipated to develop at the quickest CAGR between 2021 and 2030. as a result of the rising amount of research on various technical processes and the increasing number of clinical investigations now being carried out in the field. It is anticipated that the increasing use of CRISPR technology in Asian nations like China and Japan would support the regional market's growth.

Key Players covered in the CRISPR Technology Market Study:

• CRISPR Therapeutics
• Thermo Fisher Scientific
• GeneCopoeia, Inc.
• Intellia Therapeutics
• Horizon Discovery
• GenScript
• OriGene Technologies
• Synthego Corporation
• Lonza Biotec
• Integrated DNA Technology (Danaher)
• Agilent Technologies
• CSIR-Institute of Genomics & Integrative Biology (IGIB)
• BGI Group
• Eurofins Genomics India
• Setsurotech Co., Ltd.
• Merck KGaA

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Segmentations Analysis of CRISPR Technology Market: -

• By Component
• By Application
• By End-user
• By Region

Recent Development: In May 2021, ERS Genomics Ltd. and GenScript Biotech Corporation signed a non-exclusive license agreement, through which GenScript can have access to ERS Genomics’ CRISPR/Cas9 patent portfolio.

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