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The global CRISPR/CAS 9 technology market size is expected to reach USD 6,221 Million at a steady revenue CAGR of 20.4% in 2028, according to latest analysis by Emergen Research. Robust global CRISPR/CAS 9 technology market revenue growth is driven to a significant extent by rising support through government and private funding. Genetic engineering is witnessing substantial transformation due to CRISPR/CAS 9, which is a gene-editing tool. CRISPR/CAS 9 allows scientist to alter DNA of different species with precision and high speed.

CRISPR-based platforms have been developed for identification of genes that are controlling cellular processes which result in neurodegenerative diseases such as Alzheimer’s and Parkinson’s. CRISPR can help to develop new treatments for such diseases. Researchers are using CRISPR to develop new ways to enhance environmental stress tolerance and crop diseases resistance in plants. If successful without any negative effects, this could help feed the ever-growing global population.

The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the CRISPR/CAS 9 Technology industry with a special focus on the affected key segments of the industry. According to our analysts, the market is expected to regain momentum in a post-COVID-19 scenario. The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the CRISPR/CAS 9 Technology industry.

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The research study presents an industry-wide summary of the CRISPR/CAS 9 Technology market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global CRISPR/CAS 9 Technology research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2021-2028.

Some Key Highlights From the Report

In May 2021, ERS Genomics Limited and GenScript Biotech Corporation announced signing of a non-exclusive agreement granting the latter access to ERS Genomics’ CRISPR/Cas9 patent portfolio. ERS was formed to provide access to foundational CRISPR/Cas9 intellectual property that is co-owned by GenScript Biotech Corporation and Dr. Emmanuelle Charpentier. The agreement will enhance GenScript’s CRISPR offering for gene and cell therapy research.

Service segment revenue is expected to expand at a rapid rate during the forecast period as several researchers working on genome engineering are adopting CRISPR/CAS 9 products. Cell line engineering is one of the most commonly used services. Companies are leveraging this technology to engineer a wider range of CRISPR models with locus-specific modifications.

Biomedical segment accounted for a significantly large revenue share in 2020 due to increased implementation of CRISPR in several areas of biomedical science. Extensive research and implementation of nano-carriers has improved efficacy of the product and is further driving revenue growth of the segment.

The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.

Leading Players Profiled in the Report:

Boston Merck KGaA, AstraZeneca PLC, GenScript, eGenesis, Caribou Biosciences, Inc., Horizon Discovery Group plc, Lonza, Thermo Fisher Scientific, Inc., Hera BioLabs, and Takara Bio Inc.

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The report on the CRISPR/CAS 9 Technology market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the CRISPR/CAS 9 Technology market for the forecast period from 2020 to 2028. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.

Regional Outlook (Revenue, USD Billion; 2018–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.

Emergen Research has segmented the global CRISPR/CAS 9 Technology market on the basis of product & service, application, end-use, and region:

Product & Service Outlook (Revenue, USD Million; 2018–2028)

By Product

Kits & Enzymes

Vector-based Cas

DNA-free Cas

Libraries

Design Tool

Antibodies

Others

By Service

Cell Line Engineering

gRNA Design

Microbial Gene Editing

DNA Synthesis

Application Outlook (Revenue, USD Million; 2018–2028)

Biomedical

Genome Engineering

Disease Model Studies

Functional Genomics

Epigenetics

Others

Agricultural

End-use Outlook (Revenue, USD Million; 2018–2028)

Biotechnology & Pharmaceutical Companies

Contract Research Organizations (CROs)

Academics & Government Research Institutes

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Report Objectives

Examine the size of the global CRISPR/CAS 9 Technology market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global CRISPR/CAS 9 Technology market.

Explore the underlying dynamics of the global CRISPR/CAS 9 Technology market.

Highlight significant trends of the global CRISPR/CAS 9 Technology market based on factors including, production, revenue, and sales.

Extensively profile top players of the global CRISPR/CAS 9 Technology market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global CRISPR/CAS 9 Technology market.

Forecast the market size and share of all segments and regions in the global landscape.

Thank you for reading our report. For further information or query regarding the report or its customization, please connect with us. Our team will ensure you get a report well-suited to your needs.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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