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Genome Editing Market forecast to 2024 detailed in new research report

Medical and Health

The genome editing market is presently witnessing significant growth due to increase in R&D expenditure, rise in government funding for genomic research, technological advancements, and growth in production of genetically modified crops. Genomic editing refers to the strategies and techniques implemented for the modification of target genetic information of any living organism.

The genome editing market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.

The projections featured in the report have been derived using proven research methodologies and assumptions. This study is focused on the market side of genome editing and provides a comprehensive review of genome editing technologies, along with updates on the latest related progress in the field.

Different market segments for this specific market are covered.

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The genome editing market is presently witnessing significant growth due to increase in R&D expenditure, rise in government funding for genomic research, technological advancements, and growth in production of genetically modified crops. Genomic editing refers to the strategies and techniques implemented for the modification of target genetic information of any living organism.

Genome editing has indicated a good potential for the treatment of genetic disorders, infectious diseases, and cancer. Along with the advantages, there are growing concerns about the risks and ethical issues associated with genome editing, that affect the market.

The major ethical issues, include the off-target mutation development, imbalance of the environment, and illegal usage of genome editing.

Report Includes:

- 44 tables

- A comprehensive overview of the global markets and technologies for genome editing within the industry

- Analyses of global market trends, with data from 2017, 2018, and projections compound annual growth rates (CAGRs) through 2023

- Segmentation of the global market by geographical regions, product types, technology types and end-user application areas

- Emphasis on the market size and segmentation of gene editing products, including gene editing tools, cell lines, animal models and potential clinical products

- Current status on the intellectual property right of the CRISPR-Cas9 genome editing technology

- Discussion of the ethical and regulatory issues, as well as patent analysis, publication analysis and research funding in this area

- Profiles of key players in the industry, including Horizon Discovery, Thermo Fisher Scientific, CRISPR Therapeutics, Caribou Biosciences Inc., Editas Medicine and Vertex

Inquire for Genome Editing Market 2023 www.rnrmarketresearch.com/contact…me=1529784 .

Genome editing is a revolutionary technology in the biotechnology and medical fields. It is changing many related areas that form the genome editing market.

The global market for genome editing was estimated at $REDACTED billion in 2017 and is expected to rapidly increase over REDACTED% to reach $REDACTED billion in2018. In the next five years, the global market is forecasted to keep a fast pace, with a compound annual growth rate (CAGR) of REDACTED%, and reach over $REDACTED billion by 2023.

This report identifies key revenue segments for the genome editing market from various aspects. Application-based market segments include academic research, drug development, clinical therapy, non-transgenic breeding and others; product type-based market segments include editing tools, cell lines, animal models, plant breeding and therapies; editing technology-based market segments include CRISPR-Cas, TALEN, ZFN, and others such as meganucleases; and regional-based market segments include the U.S., Europe, Asia-Pacific and the Rest of World.

Download Complete Report Now on Genome Editing: Technologies and Global Markets at www.rnrmarketresearch.com/contact…me=1529784 .

Report has identified several key drivers for the growth and changes in the genome editing market -

- Development of next-generation genome editing systems with improved characteristics toward therapeutic uses, including the development of the mutants or similarities of Cas9 nuclease with improved specificity and reduced off-target effect.

- Emerging applications of genome editing such as CRISPR-Cas-based in vitro diagnosis of infectious diseases.

- Need of precision medicine.

- Need of improving drug discovery process.

- Increasing demand for synthetic genes in synthetic biology.

- Investments from both public and private sectors.

- Increased R&D expenditures in related industrial sectors.

- High prevalence of genetic birth disorders.

- Concerns about genetically modified crops.

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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