CRISPR Gene Editing

CRISPR Gene Editing Market Research Report: Forecast (2022-27)

By Product Type (CRISPR Products (Kits & Enzymes, Libraries, Design Tools, Antibodies Others), CRISPR Services (gRNA Design & Vector Construction, Cell line & Engineering, Screening Services, Others)) Read more

  • Healthcare
  • Jul 2022
  • 187
  • HC55031

Market Definition

CRISPR (Clustered regularly interspaced short palindromic repeats) technology is a powerful & precise nucleic acid-targeting editing tool for the genome. It enables scientists & researchers to easily alter the DNA sequences & modify gene function. The CRISPR Gene Editing technology has the potential to correct genetic defects and treat & prevent chronic ailments. The technology has proven to be an efficient way to alter genomes compared to previous editing techniques such as Zinc Finger Nucleases (ZFNs) and Transcription Activator-like Effector Nucleases (TALENs).

Moreover, the rising prevalence of genetic disorders & growing research & development in biotechnology companies to yield better genomic results are the major factors contributing to the growth of the Global CRISPR Gene Editing Market, 2027.

Market Insights

The Global CRISPR Gene Editing Market is projected to grow at a CAGR of around 18.24% during the forecast period, 2022-27. The market is expected to witness significant growth, owing to the increase in demand for genome editing technologies for treating genetic & chronic disorders in humans. Other factors driving the growth are the rising population resulting in growing food requirements & non-gene editing applications, including diagnostics & antiviral, among others.

Moreover, the continuous investments & research conducted by pharmaceutical companies, education institutions, and governments across the biotechnology & biopharmaceutical industries are the major factors augmenting the growth of the Global CRISPR Gene Editing market. For instance:

  • In 2021, Vertex Pharmaceuticals & CRISPR Therapeutics amended their collaboration agreement for developing, manufacturing, and commercializing CTX001, an investigational CRISPR/Cas-9 therapy for sickle cell disease (SCD) & beta-thalassemia.

Furthermore, over the past few years, CRISPR technology has observed tremendous advancements & enabled researchers to manipulate human, plant, and animal genomes in unprecedented ways. With the new emanating CRISPR-Cas systems, including spCas9-NG, base editing, xCas9, Cpf1, Cas13, and Cas14, scientists predict that this technology has the potential to revolutionize different industries such as agriculture, biomedicine, and bioenergy.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 18.24%
Regions Covered North America: The US, Canada, Mexico
South America: Brazil, Others
Europe: Germany, The UK, France, Italy, Spain, Switzerland, Others
Asia-Pacific: China, Japan, India, South Korea, Singapore,  Australia, Others
Middle East & Africa: The UAE, Saudi Arabia, South Africa, Others
Key Companies Profiled Abcam Inc., Applied StemCell Inc., Agilent Technologies Inc., Cellecta Inc., CRISPR Therapeutics AG, Thermo Fischer Scientific Inc., GeneCopoeia Inc., GeneScript Biotech Corporation, Horizon Discovery Group PLC, Integrated DNA Technologies Inc., Merck KGaA, New England Biolabs, Inc., Origene Technologies Inc., Rockland Immunochemicals Inc., Others (Synthego Corporation, ToolGen Inc., etc.)
Unit Denominations USD Million/Billion

 

Additionally, scientists believe that there is still a lot to uncover about CRISPR technology in the future. CRISPR could be beneficial in several areas, including correcting genetic disorders that cause diseases like Hypertrophic cardiomyopathy (HCM), a heart condition that affects approximately 1 in 500 people worldwide, as per a study published in PLOS One. In 2017, researchers from Oregon Health and Science University showed impressive results from an experiment that employed CRISPR to delete one of the defective genes in numerous viable human embryos, exhibiting the possibility of using CRISPR technology to eradicate this heritable disease. In the future, CRISPR can eliminate the microbes that cause disease.

Besides, the substantial investments by biopharmaceuticals & biotechnology companies made in the fields of gene therapy, genome engineering, drug discovery, molecular research, and clinical research are promoting the development of industry-specific CRISPR gene-editing technology. For instance:

  • In 2021, Mammoth Biosciences raised USD195 million with more than USD1 billion. With the help of these funds, the company would broaden its toolkit of next-generation CRISPR systems through in vivo gene-editing therapeutics & disease detection.
  • Similarly, in 2018, Arbor Biotechnologies raised USD15.6 million in series A funding with a new CRISPR-associated enzyme, Cas13d.

Key Trend in the Market

  • Rising Adoption of CRISPR-edited Agriculture

CRISPR gene technology has become the most utilized & versatile technology in functional genomics & crop breeding. Genome editing has the ability to create inheritable & predictable mutations in specific genomic sites to produce the desired results in crop production & cultivation.

Hence, this has gradually boosted the requirement for CRISPR gene technology for oil crops, food crops, feed crops, fiber crops, and ornamental crops to enhance the crop quality & market value of agricultural products. Further, various countries are adopting CRISPR gene editing technologies to modify crop production with different required characteristics. For instance:

  • In 2022, China approved the gene-edited crops, which have revolutionized the researchers to develop a wide array of wheat varieties resistant to fungal diseases & various others.

Therefore, the CRISPR gene-edited technologies opened up several new horizons for researchers to develop multiple crop varieties that have increased yields, resilience against climate change, and a better response to fertilizers.

Impact of COVID-19 on the Global CRISPR Gene Editing Market

The COVID-19 pandemic prompted pharmaceutical & biotechnology companies to invest in the research & development of vaccine production. Thus, the rising demand for vaccines & potential antiviral candidates has brought CRISPR gene-editing technologies to the forefront.

Moreover, as compared to the conventional diagnostics & treatment methods, genome editing tools such as CRISPR-Cas 12/13-based SHERLOCK, CARVER, ribozymes, RNAi silencing, and aptamer therapies played a vital role during the research process in the COVID-19 outbreak. These advanced tools & treatment methods have proven to be shorter & easier diagnosis procedures for targeted virus detection & killing.

  1.   Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Global CRISPR Gene Editing Market Start-up Ecosystem
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capitalists (VC) Funding
      4. Others
  4. Global CRISPR Gene Editing Patent Landscape
    1. By Application
    2. By Year
    3. By Region
  5. Global CRISPR Gene Editing Clinical Trials, By Phase
  6. Impact of COVID-19 on Global CRISPR Gene Editing Market
  7. Global CRISPR Gene Editing Market Trends & Insights
  8. Global CRISPR Gene Editing Market Dynamics
    1. Drivers
    2. Challenges
  9. Global CRISPR Gene Editing Market Regulations, Policies & Standards, By Region
    1. North America
    2. Asia Pacific 
  10. Global CRISPR Gene Editing Market Supply Chain Analysis
  11. Global CRISPR Gene Editing Market Hotspots & Opportunities
  12. Global CRISPR Gene Editing Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
        1. CRISPR Products
          1. Kits & Enzymes
          2. Libraries
          3. Design Tools
          4. Antibodies
          5. Others
        2. CRISPR Services
          1. gRNA Design & Vector Construction
          2. Cell Line and Engineering
          3. Screening Services
          4. Others
      2. By Application
        1. Agriculture
        2. Industrial
        3. Biomedical
          1. Gene Therapy
          2. Drug Discovery
          3. Diagnostics
        4. Others
      3. By End User
        1. Academic Institutions and Research Centers
        2. Biotechnology Companies
        3. Contract Research Organizations (CROs)
        4. Pharmaceutical & Biopharmaceutical Companies
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
      5. By Company
        1. Revenue Shares
        2. Competition Characteristics
  13. North America CRISPR Gene Editing Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By End User
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. Canada CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. Mexico CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  14. South America CRISPR Gene Editing Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By End User
      3. By Country
        1. Brazil
        2. Others
    3. Brazil CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  15. Europe CRISPR Gene Editing Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By End User
      3. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Switzerland
        7. Others
    3. Germany CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. The UK CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. France CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    6. Italy CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    7. Spain CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    8. Switzerland CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  16. Middle East & Africa CRISPR Gene Editing Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By End User
      3. By Country
        1. Saudi Arabia
        2. The UAE
        3. South Africa
        4. Others
    3. Saudi Arabia CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. UAE CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. South Africa CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  17. Asia Pacific CRISPR Gene Editing Market Outlook, 2017-2027
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Application
      2. By End User
      3. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Singapore
        6. Australia
        7. Others
    3. China CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. Japan CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. India CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    6. South Korea CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    7. Singapore CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    8. Australia CRISPR Gene Editing Market Outlook, 2017-2027
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  18. Global CRISPR Gene Editing Market Key Strategic Imperatives for Growth & Success
  19. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
  20. Company Profiles
    1. Abcam Inc.
    2. Applied StemCell Inc.
    3. Agilent Technologies Inc.
    4. Cellecta Inc.
    5. CRISPR Therapeutics AG
    6. Thermo Fischer Scientific Inc.
    7. GeneCopoeia Inc.
    8. GeneScript Biotech Corporation
    9. Horizon Discovery Group PLC
    10. Integrated DNA Technologies Inc.
    11. Merck KGaA
    12. New England Biolabs, Inc.
    13. Origene Technologies Inc.
    14. Rockland Immunochemicals Inc.
    15. Others (Synthego Corporation, ToolGen Inc., etc.)
  21. Disclaimer
Global CRISPR Gene Editing Market - Segmentation
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