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$11.7 Genome Editing/Genome Engineering Market – Press Release

CHICAGO, Oct. 13, 2022 (GLOBE NEWSWIRE) — According to the new market research report Genome Editing Market / Genome Engineering Market by Technology (CRISPR, TALEN, ZFN, Antisense), Product & Service, Application (Cell Line Engineering, Genetic Engineering, Diagnostics), End User (Pharma, Biotechnology, Science) – Global Forecast to 2026”The global genome editing market is forecast to grow from USD 5.1 billion in 2021 to USD 11.7 billion by 2026, at a CAGR of 18.2% between 2021 and 2026.

Browse the detailed table of contents on “Genome Editing Market / Genome Engineering Market
147 – tables
48 – numbers
208 pages

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231037000

Scope of the report:

report coverage details
market size $11.7 billion by 2026
CAGR 18.2%
Historical data 2019-2026
base year 2020
forecast period 2021-2026
Forecast Units Value (Billion USD)
report coverage Sales Forecast, Competitive Landscape, Growth Factors and Trends
Covered Segments By product and service, by technology, by application, by geography
Regions Covered North America, Europe, Asia Pacific, LAME and Rest of World
Profiled key companies/vendors Thermo Fisher Scientific Inc. (USA) | Merck KGaA (Germany)| GenScript (China)
Important market opportunities Extensive use of genome editing in personalized medicine.
Important market drivers Increase in government funding and increase in the number of genomics projects.

Developments in this field have led to significant improvements in genome editing capabilities that have enabled the modification of gene sequences of interest in a variety of cell types and model organisms. Genome engineering, formerly used by large research organizations such as academic and government research centers, has now become a potentially transformative diagnostic tool, particularly for oncology studies. This shift from academics to clinical and diagnostic laboratories is primarily driven by rapid improvements in gene editing technologies.

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