The global gene prediction tools market is anticipated to grow at a considerable CAGR of 18.3% during the forecast period. Gene prediction involves locating regions of genomic DNA that encode genes. Gene prediction or gene identification is extremely important as it helps scientists to distinguish between coding and non-coding regions of a genome, explain genes in terms of their function, and conduct research related to the detection, treatment, and prevention of genetic disorders and diseases. Thus, there is a considerable increase in investment concerning genome sequencing further propelling the market growth. For instance, in December 2022, $115 million was allotted to Genomics England in partnership with the NHS, to look at the effectiveness of using whole genome sequencing and treating rare genetic conditions in newborn babies. The funding support three ground-breaking initiatives led by Genomics England and enable research to advance the delivery of world-leading genomic healthcare to patients.
Moreover, the demand for gene prediction tools is further increasing in the agriculture and biotechnology sectors. Researchers and breeders utilities these tools to identify genes associated with desirable traits in crops, animals, and other organisms. For instance, in December 2021, Phytoform, received a $ 5.7 million investment to develop gene-edited crops with the help of artificial intelligence tools. The seed financing fuel the development of Phytoform’s precision crop breeding platform, which specializes in using artificial intelligence to guide CRISPR gene editing. In addition, in May 2022, BetterSeeds developed crop genetics by using CRISPR gene-editing technology, “molecular scissors” to design seeds that can produce crops that mature faster, produce a higher yield, and can adapt to changing climate conditions. BetterSeeds’ gene editing is designed to make the crops amenable to automated harvesting, cutting the cost of the entire growth and harvesting process.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
o By Product
o By Application
o By End User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Agilent Technologies, Inc., Bluebird Bio Inc., Crispr Therapeutics, Editas Medicine, Intellia Therapeutics, Inc., and others.
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Gene Prediction Tools Market Report Segment
By Product
- CRISPR/Cas9
- ZFNs
- TALENs
- Viral Systems
- Transposon Systems
- Others (antisense)
By Application
- Veterinary Medicine
- Cell Line Engineering
- Bioremediation
- Food and Brewing Development
- Food Waste Management
- Bio Sensing Development
By End User
- Biotech and Pharma Companies
- Academic and Research Institutes
- Food Industry
Gene Prediction Tools Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Azo life science
- ERS Genomics
- GeneCopoeia, Inc.
- GenScript
- Horizon Discovery Ltd.
- Merck KGaA
- National Human Genome Research Institute
- New England Biolabs
- Qiagen Inc.
- Sangamo Therapeutics
- Takara Bio Inc.
- Thermo Fisher Scientific Inc.
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