The Global Genome Engineering Market is projected to USD 11.7 billion by 2028 from USD 5.1 billion in 2021, at a CAGR of 18% between 2022 and 2028.
Genomic engineering is the process of inserting, deleting, modifying, or replacing an organism’s DNA bases. There are two types of gene therapy: ex vivo gene therapy and in vivo gene therapy. Ex-vivo gene therapy delivers the gene into cultured cells and then reintroduces it into the patient, whereas in-vivo gene therapy delivers the gene directly into the cells of a specific tissue. Major companies such as CRISPR Therapeutics AG, Editas Medicine, Inc., and Intellia Therapeutics, Inc. are focused on the development of in-vivo and ex-vivo gene therapies. The main technologies used in genome engineering are CRISPR, TALEN, and ZFN. CRISPR-Cas9. It is an innovative genome editing tool that allows researchers to edit parts of the genome by adding, removing, or altering sections of DNA sequences. CRISPR is an accurate, fast, and inexpensive technique for DNA editing compared to other methods such as TALEN and ZFN. TALEN (transcription activator-like effector nucleases) are a widely used technique for living cell gene editing. Zinc-finger nuclease (ZFN) is an artificial restriction enzyme that simplifies targeted editing of the genome by creating double-stranded breaks in DNA at user-specified locations.
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Market Segments
By Application
- Cell Line Engineering
- Animal Genetic Engineering
- Plant Genome Engineering
By End-User
- Biotechnology & Pharmaceutical Companies
- Academic & Government Research Institutes
- Contract Research Organizations
Key Players
- Thermo Fisher Scientific
- Merck
- Horizon Discovery Group
- Genscript
- Sangamo Biosciences
- Integrated DNA Technologies
- Lonza
- New England Biolabs
- Origene Technologies
Scope of the Report
The research study analyzes the global Genome Engineering industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Genome Engineering Market is available at: https://www.orionmarketreports.com/genome-engineering-market/78503/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Genome Engineering Market Report
1. What was the Genome Engineering Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Genome Engineering Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Genome Engineering Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Genome Engineering market.
- The market share of the global Genome Engineering market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Genome Engineering market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Genome Engineering market.
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