The global prime editing and CRISPR market is forecast to grow at a compound annual growth rate (CAGR) of more than 23% during the forecast period from 2021-2027.
A CRISPR-mediated genome editing process causes a Cas9-induced double-strand break that undergoes repair using non-homologous end joining (NHEJ) or homology-directed repair (HDR). HDR is less effective, and it has high rates of indel mutations that make it almost impossible to utilize the alterations for repair. CRISPR/Cas-mediated single-base-pair editing systems have recently overcome these limitations. DNA base editors (BE) are of two categories: cytosine base editors (CBEs) and adenine base editors (ABEs). Those Bes install each of the four transition mutations. The prime editors (PEs) are the latest addition to the CRISPR genome-engineering toolkit. In addition to transition and transversion mutations, these techniques allow for donor-free precise DNA editing of small insertion and deletion mutations. DNA base-editing tools and prime-editing tools both allow accurate nucleotide substitutions without requiring a donor template.
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Factors Affecting
A number of factors are driving the prime editing and CRISPR markets to grow, including an increase in demand for targeted gene modification technology, increased funding for genomics projects from public and private institutions, and increased investments by healthcare providers in research and development.
Due to the side effects associated with prime editing and CRISPR, such as legal and ethical issues and lack of safety in gene editing, the market is likely to decline during the forecast period.
Impact Analysis of COVID-19
There is an expectation that COVID-19 outbreaks will further boost the global digital health market. A global pandemic of COVID-19 is putting a strain on the health care system and increasing the need for advances in healthcare information technology and remote monitoring services.
Regional Overview
North America dominated the market for prime editing and CRISPR in 2020 and seems set to continue its dominance in the future, owing to the increasing prevalence of genetic diseases, the presence of key companies, and advancements in R&D in genetic engineering.
Leading Companies
The leading players profiled in the global prime editing and CRISPR market are:
- Beam Therapeutics (U.S.)
- CRISPR Therapeutics (Europe)
- GE Healthcare (U.S.)
- GenScript Biotech (U.S.)
- Horizon Discovery (U.K.)
- Integrated DNA Technologies (IDT) (U.S.)
- Intellia Therapeutics Inc. (U.S.)
- Inscripta, Inc. (U.S.)
- Precision Bioscience (U.S.)
- Sangamo Therapeutics (U.S.)
- Lonza Group (Europe)
- Addgene (U.S.)
- Editas Medicine (U.S.)
- eGENESIS, Inc. (U.S.)
- Synthego Corporation (U.S.)
- Other Prominent Players
Scope of the Report
The global Prime Editing and CRISPR Market segmentation focuses on Service, Application, End-User, and Region.
Segmentation based on Service
- Cell Line Engineering
- Genome Regulation
- Gene Editing
- Gene-Modified Cell Therapy
Segmentation based on Application
- Biomedical Research & Therapy
- Agricultural Research
- Others
Segmentation based on End-User
- Academic Institutes
- Biomedical Research & Therapy
- Agricultural Research
- Others
- Biotechnology & Pharma Companies
- Biomedical Research & Therapy
- Agricultural Research
- Others
- Contract Research Organizations
- Biomedical Research & Therapy
- Agricultural Research
- Others
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Prime Editing and CRISPR Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Prime Editing and CRISPR market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Prime Editing and CRISPR Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Prime Editing and CRISPR market Size Forecast (2023-2032).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Prime Editing and CRISPR market revenues on a global, regional, and country level, projecting trends until 2032. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Prime Editing and CRISPR market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Prime Editing and CRISPR market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Prime Editing and CRISPR business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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