Increasing population demands for more production of genetically modified crops. Prevalence of Alzheimer’s disease, dementia, infectious diseases, and cancer needs effective treatment measures and they are driving factors for growth of the market. CRISPR is one the method implemented in large scale. CRISPR is becoming an increasingly practiced in the world of agriculture. For example, introducing mutants or any genetic alteration into plants can improve breeding of certain crops such as rice and wheat. CRISPR has potential to manipulate mammalian genomes for therapeutic purposes are factors for growth of the market. Strict government regulatory policies and adverse public perception related to genetic research, restrains the growth of market.
Global gene editing market is expected to grow at a CAGR of 18.30% during forecasted period 2017-2023.
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GenScript USA Inc. (U.S.), Horizon Discovery Group plc (U.K.), Integrated DNA Technologies, Inc. (U.S.), Lonza Group Ltd. (Switzerland), New England Biolabs, Inc. (U.S.), OriGene Technologies, Inc. (U.S.), Sangamo Biosciences, Inc. (U.S.), Sigma-Aldrich Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), and Transposagen Biopharmaceuticals, Inc. (U.S.).
The global Gene Editing market is segmented on basis of methods, applications and end users. Based on methods, the market is segmented as CRISPR, TALEN, ZFN, Antisense technology and others. On the basis of application they are segmented as plant genetic engineering, animal genetic engineering, microorganism’s genetic engineering and gene therapy. On the basis of end users, the market is segmented into biotechnology, pharmaceuticals and contract research organizations.
On the regional basis, the market is segmented into- America, Europe, Asia Pacific and Middle East and Africa. Due to huge development in drug discovery research, increase in number of research studies, development of biotechnology sector and many more are responsible for making US as dominating in market. Europe has always invested in advancement of technology for better treatment solutions. Asia Pacific has the highest growth rate for the life science market. Increasing government support to boost biotechnology sector for better treatment of diseases. Due to lack of technical knowledge, less development in biotechnology sector in Middle East & Africa will have limited growth in the market.
TOC of Gene Editing Market:
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3 MARKET DYNAMICS
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
5. GLOBAL GENE EDITING MARKET, BY METHODS
5.4 ANTISENSE TECHNOLOGY
5.5 AND OTHERS
6. GLOBAL GENE EDITING MARKET, BY APPLICATION
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