Product Code: r5409
“Genome Editing/Genome Engineering Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on genome editing/genome engineering market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for genome editing/genome engineering? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The genome editing/genome engineering market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Product And Service: Reagents And Consumables; Software And systems; Services
- 2) By Technology: CRISPR; TALEN; ZFN; Antisense; Other Technologies
- 3) By Application: Cell Line Engineering; Genetic Engineering; Diagnostic Applications; Drug Discovery And Development; Other Applications
- 4) By End User: Biotechnology Companies; Pharmaceutical Companies; Academic And Government Research Institutes
- Companies Mentioned: Thermo Fisher Scientific Inc.; Merck Group; Genscript Biotech Corp; Sangamo Therapeutics Inc.; Lonza Group AG
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the genome editing/genome engineering market are: Thermo Fisher Scientific Inc., Merck Group, Genscript Biotech Corp, Sangamo Therapeutics Inc., Lonza Group AG, Editas Medicine Inc., CRISPR Therapeutics AG, Agilent Technologies Inc., Intellia Therapeutics, bluebird bio Inc., Transposagen Biopharmaceuticals Inc., Tecan Trading AG, Precision BioSciences, PerkinElmer Inc., and Cellectis S.A.
The global genome editing or genome engineering market is expected to grow from $6.11 billion in 2022 to $7.20 billion in 2023 at a compound annual growth rate (CAGR) of 17.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The genome editing or genome engineering market is expected to grow to $14.22 billion in 2027 at a CAGR of 18.5%.
The genome editing market includes revenues earned by entities by cell line engineering, animal genetic engineering, plant genetic engineering. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Genome editing is a technique that enables scientists to alter the DNA of numerous organisms, including plants, bacteria, and animals. With the help of genome editing technologies, researchers would alter DNA, changing physical characteristics like eye colour and the risk of contracting diseases. Genome editing is used in animal models and cells in research labs to understand diseases.
North America was the largest region in the genone editing/genome engineering market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genone editing/genome engineering market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main type of product and services of genome editing/genome engineering are reagents and consumables, software and systems, services. The reagents and consumables are used at specific locations in the genome of a target organism to cause breaks, repairs, or mismatches involving endogenous mechanisms to cause specific changes in DNA sequence. Consumables are items that can be used up until they run out and then need to be disposed of. A compound or substance that can speed up a reaction is called a reagent. The technology used are Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), Transcription Activator-Like Effector Nuclease (TALEN), Zinc Finger Nucleases (ZFN), antisense, and other technologies, which are applied in cell line engineering, genetic engineering, diagnostic applications, drug discovery and development, and other applications, that are used by biotechnology companies, pharmaceutical companies, academic and government research institutes.
The rise in the prevalence of cancer and other genetic disorders is expected to propel the growth of the genome editing/genome engineering market going forward. Cancer is a condition wherein a few of the body's cells grow out of control and spread to other body regions. Genome editing can quickly engineer immune cells and oncolytic viruses for cancer therapeutic applications. For instance, in February 2022, according to an article published by World Health Organization (WHO), a Switzerland-based United Nations health agency, nearly 10 million deaths, or nearly one in six deaths, were caused by cancer in 2020, making it the leading cause of death worldwide. Further, in June 2022, according to a report published by the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, 1,752,735 new cases of invasive cancer in total, 863,830 in women and 888,905 in men were reported in the US in 2019. The incidence rate for all cancers was 439 per 100,000 people in the general population. Therefore, the rise in the prevalence of cancer and other genetic disorders is driving the growth of the genome editing/ genome engineering market.
Technological advancements in gene editing are a key trend gaining popularity in the genome editing or genome engineering market. Major companies operating in the genome editing/genome engineering market is concentrating on creating innovative technology solutions to improve their position. For instance, in May 2022, Kyoto University and Institute of Evolutionary Biology (CSIC-Universitat Pompeu Fabra), a Spain-based research university focused on evolutionary biology, researchers unveiled a quick and effective method for editing genes in insects. Direct parental CRISPR (DIPA-CRISPR), a simple and effective method, involves injecting materials into developing eggs in female adults rather than embryos. The novel technique enables researchers to avoid microinjecting CRISPR material into insect embryos.
In March 2020, Zymergen, a US-based biotechnology company, acquired enEvolv, Inc. for an undisclosed amount. With the acquisition, Zymergen launched new products and was estimated to increase by 20%, speeding up the pace and scope of bio-manufacturing. enEvolv, Inc. is a US-based genome engineering company.
The countries covered in the genome editing/genome engineering market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The genome editing/genome engineering market research report is one of a series of new reports from The Business Research Company that provides genome editing/genome engineering market statistics, including genome editing/genome engineering industry global market size, regional shares, competitors with a genome editing/genome engineering market share, detailed genome editing/genome engineering market segments, market trends and opportunities, and any further data you may need to thrive in the genome editing/genome engineering industry. This genome editing/genome engineering market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Genome Editing/Genome Engineering Market Characteristics
3. Genome Editing/Genome Engineering Market Trends And Strategies
4. Genome Editing/Genome Engineering Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Genome Editing/Genome Engineering Market
- 4.2. Ukraine-Russia War Impact On Genome Editing/Genome Engineering Market
- 4.3. Impact Of High Inflation On Genome Editing/Genome Engineering Market
5. Genome Editing/Genome Engineering Market Size And Growth
- 5.1. Global Genome Editing/Genome Engineering Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Genome Editing/Genome Engineering Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Genome Editing/Genome Engineering Market Segmentation
- 6.1. Global Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Reagents And Consumables
- Software And Systems
- Services
- 6.2. Global Genome Editing/Genome Engineering Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)
- Transcription Activator-Like Effector Nuclease (TALEN)
- Zinc Finger Nucleases (ZFN)
- Antisense
- Other Technologies
- 6.3. Global Genome Editing/Genome Engineering Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Cell Line Engineering
- Genetic Engineering
- Diagnostic Applications
- Drug Discovery And Development
- Other Applications
- 6.4. Global Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Biotechnology Companies
- Pharmaceutical Companies
- Academic And Government Research Institutes
7. Genome Editing/Genome Engineering Market Regional And Country Analysis
- 7.1. Global Genome Editing/Genome Engineering Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Genome Editing/Genome Engineering Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Genome Editing/Genome Engineering Market
- 8.1. Asia-Pacific Genome Editing/Genome Engineering Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Genome Editing/Genome Engineering Market
- 9.1. China Genome Editing/Genome Engineering Market Overview
- 9.2. China Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Genome Editing/Genome Engineering Market
- 10.1. India Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Genome Editing/Genome Engineering Market
- 11.1. Japan Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Genome Editing/Genome Engineering Market
- 12.1. Australia Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Genome Editing/Genome Engineering Market
- 13.1. Indonesia Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Genome Editing/Genome Engineering Market
- 14.1. South Korea Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Genome Editing/Genome Engineering Market
- 15.1. Western Europe Genome Editing/Genome Engineering Market Overview
- 15.2. Western Europe Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Genome Editing/Genome Engineering Market
- 16.1. UK Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Genome Editing/Genome Engineering Market
- 17.1. Germany Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Genome Editing/Genome Engineering Market
- 18.1. France Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Genome Editing/Genome Engineering Market
- 19.1. Eastern Europe Genome Editing/Genome Engineering Market Overview
- 19.2. Eastern Europe Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Genome Editing/Genome Engineering Market
- 20.1. Russia Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Genome Editing/Genome Engineering Market
- 21.1. North America Genome Editing/Genome Engineering Market Overview
- 21.2. North America Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Genome Editing/Genome Engineering Market
- 22.1. USA Genome Editing/Genome Engineering Market Overview
- 22.2. USA Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Genome Editing/Genome Engineering Market
- 23.1. South America Genome Editing/Genome Engineering Market Overview
- 23.2. South America Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Genome Editing/Genome Engineering Market
- 24.1. Brazil Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Genome Editing/Genome Engineering Market
- 25.1. Middle East Genome Editing/Genome Engineering Market Overview
- 25.2. Middle East Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Genome Editing/Genome Engineering Market
- 26.1. Africa Genome Editing/Genome Engineering Market Overview
- 26.2. Africa Genome Editing/Genome Engineering Market, Segmentation By Product And Service, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Genome Editing/Genome Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Genome Editing/Genome Engineering Market Competitive Landscape And Company Profiles
- 27.1. Genome Editing/Genome Engineering Market Competitive Landscape
- 27.2. Genome Editing/Genome Engineering Market Company Profiles
- 27.2.1. Thermo Fisher Scientific Inc.
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Merck Group
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Genscript Biotech Corp
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Sangamo Therapeutics Inc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Lonza Group AG
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Genome Editing/Genome Engineering Market
29. Genome Editing/Genome Engineering Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer