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Market Research Report
Genome Editing/Genome Engineering |
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| Published by | Global Industry Analysts, Inc. | Product code | 907184 | ||||
| Published | Content info | 148 Pages Delivery time: 1-2 business days |
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| Genome Editing/Genome Engineering | ||
| Published: May 1, 2020 | Content info: 148 Pages |
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Amid the COVID-19 crisis and the looming economic recession, the Genome Editing/Genome Engineering market worldwide will grow by a projected US$6.7 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 16.3%. CRISPR, one of the segments analyzed and sized in this study, is forecast to grow at over 17.3% and reach a market size of US$4.3 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The CRISPR market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 15.5% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$224.9 Million to the region's size over the next 7 to 8 years. In addition, over US$280.3 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the CRISPR segment will reach a market size of US$271.6 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Genome Editing/Genome Engineering market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 14.2% over the next couple of years and add approximately US$856.8 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Genome Editing/Genome Engineering market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, CRISPR Therapeutics AG; Editas Medicine, Inc.; GenScript Biotech Corporation; Horizon Discovery Group PLC; Integrated DNA Technologies (IDT), Inc.; Lonza Group AG; Merck & Co., Inc.; New England Biolabs, Inc.; OriGene Technologies, Inc.; Sangamo Therapeutics; Thermo Fisher Scientific, Inc.; Transposagen Biopharmaceuticals, Inc.Competitors identified in this market include, among others,
Global Genome Editing Market By Technique, By Applications, By Source, By End-User, By Region, Forecast & Opportunities, 2025
Genome Editing Services Market-Focus on CRISPR 2019-2030
Global Genome Editing Market - Size, Trends, Competitive Analysis, Market Share and Forecasts (2019-2026)
Genome Editing Market, By Technology (CRISPR/ Cas9, TALEN/Mega TALs, and ZFN), By Delivery method (Ex-vivo, In-vivo), By Application, By End Use, By Geography (NA, EU, APAC, and RoW) - Analysis, Share, Trends, Size, & Forecast From 2014 - 2025
Asia Pacific Genome Editing Market to 2025 - Regional Analysis and Forecasts by Technology, Application End User, and Country
Europe Genome Editing Market to 2025 - Regional Analysis and Forecasts by Technology, Application End User, and Country
North America Genome Editing Market to 2025 - Regional Analysis and Forecasts by Technology, Application End User, and Country
Genome Editing: Technologies and Global Markets
Genome Editing Market to 2025 - Global Analysis and Forecasts By Technology, Application, End User and Geography
Global Genome Editing Market Research and Forecast 2018-2023
