Gene Editing Market Growth Opportunities and Emerging Trends to 2026

The gene editing market is poised to witness lucrative revenue growth on account of increasing federal as well as private investment targeted towards developing genetic therapies. Gene editing helps in eliminating inherited disease, protecting endangered species, and even aids in resurrecting extinct species. Increasing R&D expenditure by biopharmaceutical and pharmaceutical companies along with research institutes could massively benefit the industry outlook.

The gene editing market in Asia Pacific is poised to observe nearly 15% CAGR in the next few years. There is a surging number of genetic research organizations in developing countries that are focusing on advanced gene editing tools. Extensive R&D activities in emerging economies such as Japan, India, and others will render sustainable market environment for gene editing practices and tools.

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The escalating need for the treatment of chronic diseases and government investment to spread awareness about lifesaving and technology-driven medical procedures and equipment will drive gene editing market growth. According to the WHO, nearly 60% of all death is due to chronic ailments.

In terms of application, the gene editing industry is mainly bifurcated into plant genetic engineering, animal genetic engineering and cell gene engineering. Among these, the plant genetic engineering segment held almost 19% of the market share in 2019, and is expected to maintain progressive growth over the forecast period.

The escalating adoption of genetically modified crops and the presence of technology-driven gene editing methodologies will spur plant engineering opportunities. The benefits of genetically modified crops, which help in improving agricultural productivity and minimizing excessive usage of environment unfriendly pesticides, will positively influence market growth in the coming years. Reportedly, the plant genetic engineering segment in 2019 had captured 19% of gene editing market share.

Companies operating in the gene editing industry are focusing on a number of growth strategies like private or public funding, mergers, collaborations and novel product launches to enhance their production capacities and geographical reach. Taking September 2020 for instance, Graphite Bio secured a funding of $45 million from an initial financing round to develop its gene editing solution for treating genetic conditions like sickle cell disease.

Leading companies offering gene editing solutions include Beam Therapeutics, Takara Bio, Agilent Technologies, Thermo Fisher Scientific, Sangamo Therapeutics, EMD Millipore (Merck KGAa), Precision Biosciences, Inc., Caribou Biosciences, Origene Technologies, Horizon Discovery, and Integrated DNA Technologies.

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Partial Chapter of the Table of Content

Chapter 4. Gene Editing Market, By Application

4.1. Key segment trends

4.2. Cell line engineering

4.2.1. Market size, by region, 2015-2026 (USD Million)

4.3. Animal genetic engineering

4.3.1. Market size, by region, 2015-2026 (USD Million)

4.4. Plant genetic engineering

4.4.1. Market size, by region, 2015-2026 (USD Million)

4.5. Others

4.5.1. Market size, by region, 2015-2026 (USD Million)

Chapter 5. Gene Editing Market, By Technology

5.1. Key segment trends

5.2. CRISPR/Cas9

5.2.1. Market size, by region, 2015-2026 (USD Million)

5.3. Zinc Finger Nucleases (ZFNs)

5.3.1. Market size, by region, 2015-2026 (USD Million)

5.4. TALENs

5.4.1. Market size, by region, 2015-2026 (USD Million)

5.5. Others

5.5.1. Market size, by region, 2015-2026 (USD Million)

Chapter 6. Gene Editing Market, By End-user

6.1. Key segment trends

6.2. Biotech and pharma companies

6.2.1. Market size, by region, 2015-2026 (USD Million)

6.3. Contract research organizations (CROs)

6.3.1. Market size, by region, 2015-2026 (USD Million)

6.4. Research institutes

6.4.1. Market size, by region, 2015-2026 (USD Million)

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