Genome Editing Market Regional Analysis

Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the genome editing market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of genome editing market across North America, South America, Europe, Asia, the Middle East, and Africa.

Genome Editing Market Regional Insights

North America is dominated the genome editing market, accounting for 47.81% in 2023 due to rising investments in R&D of gene editing technologies. Several biotechnologies and the pharmaceutical companies operating in the genome editing technology are estimated to remain dominant over the forecast period. Availability of strong research infrastructure, rise in genetically modified crops, high genetic diseases inherited diseases are common. In other words, the number of licenses issued by U.S-based firms. Increased supply has also accelerated the development of genome editing tools in the country, leading to positive market growth.

Asia Pacific is expected to witness fastest growth at 18.75% CAGR between 2024 and 2030. Also attracting investment and finance from domestic companies providing gene editing products and services. For example, in April 2021, GeneScript launched a Research-Grade Lentiviral Vector Packaging Service for drug discovery, cell line manufacturing and gene editing. The company is developing initiatives to promote genome engineering services such as CRISPR services and gene services. The growth of the nearby market is anticipated to be driven by the increasing demand for for gene modifying technology and growing incidence of genetic sicknesses and illnesses in countries such as India and Australia.

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Genome Editing Market size was valued at USD 8.99 Billion in 2023 and is poised to grow from USD 10.5 Billion in 2024 to USD 36.38 Billion by 2032, growing at a CAGR of 16.80% during the forecast period (2025-2032).

One of the most important technical hurdles in genome editing is off-goal consequences, which encompass unintentional adjustments inside the genome. This uncertainty, mainly in the clinical applications, remains a barrier to the adoption of genome change in human medication. These unintended modifications can result in deleterious mutations, raising concerns about the safety of the genome enhancing cures. 'Merck KGaA (Germany) ', 'Cibus Inc (US) ', 'Recombinetics (US) ', 'Sangamo Therapeutics (US) ', 'Editas Medicine (US) ', 'Precision BioSciences (US) ', 'CRISPR Therapeutics (Switzerland) ', 'Intellia Therapeutics, Inc (US) ', 'Caribou Biosciences, Inc. (US) ', 'Cellectis S.A (France) ', 'AstraZeneca (UK) ', 'Takara Bio Inc. (Japan) ', 'Horizon Discovery Ltd. (Revvity, Inc.) (UK) ', 'Danaher Corporation (US) ', 'Transposagen Biopharmaceuticals, Inc. (US) ', 'Genscript Biotech Corp (China) ', 'New England Biolabs (US) ', 'OriGene Technologies, Inc. (US) ', 'bluebird bio, Inc (US) ', 'Lonza (Switzerland) ', 'Thermo Fisher Scientific Inc. (US)'

Genome editing is gaining popularity in agriculture, where it can be used to produce crops with improved traits such as drought tolerance, pest resistance and improved nutrition Agriculture is expected to play an important role in the future genome editing technological advances. CRISPR technology has improved crops rapidly in this market. 

Growing Application in Agriculture: Genome editing is gaining popularity in agriculture, where it is used to produce crops with improved traits such as drought tolerance, pest resistance and improved nutrition. CRISPR technology has enabled rapid crop improvement, which is exactly, making it a leading trend in this market. Agriculture is expected to play an important role in the future development of genome editing technologies as global food security concerns rise. 

North America is dominated the genome editing market, accounting for 47.81% in 2023 due to rising investments in R&D of gene editing technologies. Several biotechnologies and the pharmaceutical companies operating in the genome editing technology are estimated to remain dominant over the forecast period. Availability of strong research infrastructure, rise in genetically modified crops, high genetic diseases inherited diseases are common. In other words, the number of licenses issued by U.S-based firms. Increased supply has also accelerated the development of genome editing tools in the country, leading to positive market growth.

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Global Genome Editing Market
Genome Editing Market

Report ID: SQSG35J2001

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