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Global CRISPR Market - Dynamics, Trends, Competitor Analysis, and Forecast to 2024
Global CRISPR Market - Dynamics, Trends, Competitor Analysis, and Forecast to 2024


CRISPR Market
BriefingWire.com, 5/18/2018 - Global CRISPR Market: By Product Type (Vector-based Cas, DNA-free Cas), By Application (Functional Genomics, Knockdown/activation, Genome Engineering, Disease models, Other Applications), By Distribution Channel (Biotechnology & Pharmaceutical Companies, Academic & Government Research Institutes, Others), and Geography - Dynamics, Trends, Competitor Analysis, and Forecast to 2024

Market Outline: CRISPR Market

CRISPR is an acronym for Clustered Regularly Interspaced Short Palindromic Repeat. CRISPR is also called as CRISPR/Cas9. The scientific world is attracted by this revolutionary technology. CRISPR technology is a simple yet powerful tool that is used for editing genomes. This technology is used to alter the DNA sequence and modify gene function.

Market Dynamics: CRISPR Market

The technological advancements are the key factors attributed for the growth of the CRISPR market. Increase in the prevalence of genetic and growing drug discovery activities are expected to boost the market revenue growth. The growing demand for synthetic genes and increase in the R&D expenditure on biotechnology and raising government expenditure on genetic research is enriching the growth of the CRISPR market. However, complications such as gene editing of germ line cells are hindering the growth of the market. Since the changes made in germ line cells are transferred to the next generations.

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Market Scope: CRISPR Market

CRISPR market is segmented based on the product type, application, and end user

Based on the product type, the market is segmented into the following:

• Vector-based Cas

• DNA-free Cas

Based on the application, the market is segmented into the following:

• Functional Genomics

• Knockdown/activation

• Genome Engineering

• Disease models

• Other Applications

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Regional Analysis: CRISPR Market

Geographically, global CRISPR market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America CRISPR market expected to be dominant market when compared with that of the other regional markets. The technological advancements, increase in the R&D expenditure, and the increasing government funding expected to create demand for CRISPER. The Asia Pacific is expected to show significant growth over the forecasted period.

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Competition Assessment: CRISPR Market

Some of the players in the global CRISPR market include:

• Transposagen Biopharmaceuticals (U.S)

• Agilent Technologies, Inc. (U.S)

• Merck KGaA (Germany)

• Rockland Immunochemicals, Inc. (U.S)

• Applied StemCell, Inc. (U.S)

• Cellecta, Inc. (U.S)

• GeneCopoeia, Inc. (U.S)

• Horizon Discovery plc (UK)

• Mirus Bio LLC (U.S)

• New England Biolabs (U.S)

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