USD 2.56 billion
Global CRISPR and Cas Gene Market Size, Share, Growth Analysis, By Product Type(Crispr enzymes, crispr kits), By Application(Biomedical research, therapeutics), By End-user(Academic and research institutes, pharmaceutical and biotechnology companies) - Industry Forecast 2024-2031
Report ID:
SQMIG35H2170 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
91 |
Figures:
76
Global CRISPR and Cas Gene Market Insights
Global CRISPR And Cas Gene Market size was valued at USD 2.56 billion in 2022 and is poised to grow from USD 3.50 billion in 2023 to USD 42.67 billion by 2031, at a CAGR of 36.70% during the forecast period (2024-2031).
The crispr and cas gene market has experienced significant growth and transformation in recent years, driven by a combination of factors. Our report contains detailed information on the value chain analysis for the crispr and cas gene market, which manufacturers can use to gain a competitive edge during the projected period. The market's expansion is primarily driven by the increasing demand for gene-editing tools and therapies across various industries.
The market is driven by the increasing demand for gene-editing tools and therapies. The market has witnessed significant advancements in technology, expanding its applications across multiple sectors, including healthcare, agriculture, and industrial biotechnology. crispr (Clustered Regularly Interspaced Short Palindromic Repeats) and cas (CRISPR-associated) genes have revolutionized the field of genetic engineering, offering precise and efficient methods for modifying DNA. Factors such as the rising prevalence of genetic disorders, advancements in crispr technology, and the need for targeted therapies and personalized medicine are driving the market's growth trajectory.
Ongoing research, technological advancements, and collaborations are driving market expansion. While challenges related to ethics and regulations exist, the market's growth trajectory remains robust. With continued advancements in technology, increased understanding of gene function, and a focus on responsible implementation, the crispr and cas genes market is poised to make a transformative impact on healthcare, agriculture, and industrial biotechnology.
US Crispr and Cas Gene Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Biomedical research
Fastest Growth
Biomedical research
Growth Rate
36.70% CAGR
Global Crispr and Cas Gene Market ($ Bn)
Country Share for North America Region (%)
Global Crispr and Cas Gene Market By Type ($ Bn)
Global Crispr and Cas Gene Market By Type (%)
To get more reports on the above market click here to Buy The Report
Global CRISPR and Cas Gene Market Segmental Analysis
The global crispr and cas gene market can be segmented based on product type, application, end-user and region. Based on product type the market can be divided into crispr enzymes, crispr kits, crispr libraries. Based on application, the market can be categorized into biomedical research, therapeutics, agriculture, industrial biotechnology. Based on end-user, the market can be segmented into academic and research institutes, pharmaceutical and biotechnology companies, contract research organizations (cros). By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Crispr and Cas Gene Market Analysis By Application
One of the largest market segments in the crispr and cas genes market is the biomedical research segment. Biomedical research plays a pivotal role in understanding gene functions, studying diseases, and developing new therapies. Academic and research institutions extensively utilize crispr technology to conduct studies and advance scientific knowledge. The segment encompasses the use of crispr enzymes, kits, libraries, and other related products, contributing to its significant market size. Additionally, the biomedical research segment fuels demand for advanced gene-editing tools and technologies, further bolstering its position as the largest market segment.
On the other hand, the therapeutics segment represents the fastest-growing segment in the crispr and cas genes market. The potential of crispr-based gene-editing therapies in treating genetic disorders and certain types of cancer has garnered significant attention and investment. The segment holds immense promise for providing precise and personalized treatments by targeting disease-causing genes. Ongoing research and clinical trials in the field of therapeutics demonstrate the potential of crispr technology to revolutionize healthcare. Encouraging results from these trials, along with advancements in delivery systems and improved gene-editing efficiency, are driving the rapid growth of the therapeutics segment.
Crispr and Cas Gene Market Analysis By End-user
The largest market segment by end-user in the crispr and cas genes market is the pharmaceutical and biotechnology companies segment. These companies represent a significant portion of the market due to their extensive utilization of crispr and cas genes in drug discovery, development, and therapeutic applications. Pharmaceutical and biotechnology companies leverage crispr technology to enhance their research and development processes, identify novel drug targets, and accelerate the development of innovative therapies. With a strong focus on precision medicine and personalized treatments, these companies drive demand for crispr tools, kits, and related products, contributing to the segment's largest market share.
On the other hand, the fastest-growing segment by end-user in the crispr and cas genes market is the academic and research institutes segment. Academic institutions and research organizations play a crucial role in advancing scientific knowledge and exploring the potential applications of crispr technology. They are at the forefront of conducting fundamental research, understanding gene functions, and studying diseases. As the field of crispr and cas gene editing continues to evolve, academic and research institutes drive innovation, publish groundbreaking studies, and train the next generation of scientists. The segment's rapid growth is propelled by increasing research grants, collaborations, and investments in genetic research.
Global Crispr and Cas Gene Market By Type, 2023 (%)
To get detailed analysis on other segments, Request For Free Sample Report
Global CRISPR and Cas Gene Market Regional Insights
The largest market region in the crispr and cas genes market is North america. North America dominates the market due to several factors that contribute to its significant market share. The region is home to major biotechnology companies, renowned academic and research institutions, and a robust research infrastructure. These factors facilitate extensive research and development activities related to crispr and cas genes, driving the market's growth. Additionally, North America benefits from supportive regulatory frameworks that promote innovation and the commercialization of gene-editing technologies. The region's strong presence in the market is further reinforced by the high investments in biotechnology and genetic research, as well as the increasing adoption of crispr-based tools and therapies in healthcare applications.
The fastest-growing region in the crispr and cas genes market is the Asia pacific. The Asia pacific region is experiencing rapid growth due to several factors that contribute to its emergence as a key market. The region has witnessed a surge in biotechnology investments, research collaborations, and advancements in genetic research infrastructure. Governments and regulatory bodies in the region are actively promoting the adoption of crispr and cas genes in various sectors, leading to increased market penetration. Additionally, the asia pacific region has a large patient population, including a high prevalence of genetic disorders, which drives the demand for innovative gene-editing therapies.
Global Crispr and Cas Gene Market By Geography, 2024-2031
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Global CRISPR and Cas Gene Market Dynamics
Crispr and Cas Gene Market Drivers
Increasing Prevalence Of Genetic Disorders
- Genetic disorders encompass a wide range of conditions caused by mutations or alterations in specific genes. As the understanding of the genetic basis of diseases improves, the demand for precise and efficient gene-editing technologies like crispr and cas genes increases. These technologies hold immense potential for developing targeted therapies and personalized treatments for genetic disorders. The rising global burden of genetic diseases, coupled with the need for effective treatment options, drives the demand for crispr and cas genes, thereby propelling market growth.
Crispr and Cas Gene Market Restraints
Regulatory And Ethical Challenges Associated With Gene Editing
- The revolutionary potential of crispr technology also raises concerns about its responsible and ethical use. There are ongoing debates and discussions surrounding the ethical implications of germline editing, off-target effects, and unintended consequences of gene editing. Additionally, regulatory frameworks for governing the use of crispr and cas genes vary across different countries and regions, leading to inconsistencies and potential barriers for market growth.
Request Free Customization of this report to help us to meet your business objectives.
Global CRISPR and Cas Gene Market Competitive Landscape
The CRISPR and Cas genes market is highly competitive, with several key players leading the industry. These companies are actively engaged in research and development to improve the efficiency and specificity of CRISPR-based gene-editing tools. Collaboration and strategic partnerships between biotechnology companies, academic institutions, and research organizations are common in the market, fostering innovation and driving market growth.
Crispr and Cas Gene Market Top Player’s Company Profiles
- CRISPR Therapeutics AG (Switzerland)
- Editas Medicine, Inc. (US)
- Intellia Therapeutics, Inc. (US)
- Caribou Biosciences, Inc. (US)
- CRISPR/Cas9 Therapeutics (US)
- Synthego Corporation (US)
- Horizon Discovery Group plc (UK)
- Mammoth Biosciences, Inc. (US)
- Precision Biosciences, Inc. (US)
- Beam Therapeutics Inc. (US)
- Sangamo Therapeutics, Inc. (US)
- Cellectis S.A. (France)
- GenScript Biotech Corporation (China)
- Agilent Technologies, Inc. (US)
- Lonza Group Ltd. (Switzerland)
- Thermo Fisher Scientific, Inc. (US)
- Merck KGaA (Germany)
- Qiagen N.V. (Netherlands)
- New England Biolabs, Inc. (US)
- Addgene (US)
Crispr and Cas Gene Market Recent Developments
- In April 2023, Vertex and Crispr Therapeutics submitted their CRISPR-based ex vivo cell therapy exagamglogene autotemcel (exa-cel) for FDA approval, for sickle cell disease (SCD) and beta-thalassemia.
- Ensoma purchased Twelve Bio ApS in February 2023 in order to expand the range of in vivo designed cell treatments that it offers. Twelve Bio is a startup that investigates the potential therapeutic uses of next-generation CRISPR-Cas medications.
- In December 2022, a clinical trial was sponsored by the University of California, San Francisco (UCSF) and is being conducted by Dr. Mark Walters. The trial is testing the safety and efficacy of CRISPR_SCD001, a gene-editing therapy for sickle cell disease. CRISPR_SCD001 uses the CRISPR/Cas9 gene-editing tool to correct a genetic mutation in the blood stem cells of patients with severe SCD.
Global CRISPR and Cas Gene Key Market Trends
- Increasing adoption of crispr technology in agriculture and food production: The agricultural sector is embracing crispr gene editing as a powerful tool to enhance crop traits, improve disease resistance, and develop genetically modified organisms (gmos). Crispr enables precise and targeted modifications in plant genomes, allowing breeders to accelerate the development of desirable traits, such as increased yield, drought tolerance, and nutritional value. This trend aligns with the growing global demand for sustainable agriculture, improved crop productivity, and the need to address food security challenges.
- Thе dеvеlopmеnt of nеxt-gеnеration CRISPR tеchnologiеs: Nеxt-gеnеration CRISPR tеchnologiеs including basе еditing and primе еditing, is еxpanding thе prеcision and capabilitiеs of gеnе еditing. Thirdly, thеrе is a trеnd towards incrеasеd commеrcialization and partnеrships, with biotеchnology and pharmacеutical companiеs collaborating to bring CRISPR-basеd products and thеrapiеs to thе markеt. Additionally, thе utilization of CRISPR in agriculturе for crop improvеmеnt and in rеsеarch for functional gеnomics continuеs to gain traction.
Global CRISPR and Cas Gene Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, the crispr and cas genes market is experiencing remarkable growth and holds immense potential for the future. With the ability to precisely edit genes, crispr and cas genes have revolutionized the field of genetic engineering and opened up new avenues for research, diagnostics, and therapeutics. The market's future scope is promising, driven by factors such as the rising prevalence of genetic disorders, advancements in crispr technology, and the need for targeted therapies and personalized medicine. The most driving factor in the market is the increasing demand for innovative gene-editing tools and therapies across various sectors. The largest segment in the crispr and cas genes market is the biomedical research segment, where academic and research institutions extensively utilize crispr technology to study gene functions, model diseases, and develop new therapies. Additionally, the therapeutics segment represents the fastest-growing segment, fueled by the potential of crispr-based gene editing therapies to revolutionize the treatment of genetic disorders and certain types of cancer. North America stands as the dominating region in the crispr and cas genes market, driven by the presence of major biotechnology companies, robust research infrastructure, and favorable regulatory frameworks. However, the market is witnessing significant growth in the asia pacific region, fueled by increasing investments in biotechnology and genetic research. Overall, with ongoing advancements and increasing applications, the crispr and cas genes market presents lucrative opportunities for industry players, and North America's dominance is expected to be challenged by the rapid growth of the asia pacific region.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.56 billion |
| Market size value in 2031 | USD 42.67 billion |
| Growth Rate | 36.70% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global CRISPR and Cas Gene Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global CRISPR and Cas Gene Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global CRISPR and Cas Gene Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global CRISPR and Cas Gene Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global CRISPR and Cas Gene Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global CRISPR and Cas Gene Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global CRISPR and Cas Gene Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
