CRISPR Technology: Global Markets

Feb 2023| HLC258B| BCC Publishing
Sample Report

Report Highlights

The global CRISPR Technology market reached $3.3 billion in 2022 and should reach $9.2 billion by 2027, with a compound annual growth rate (CAGR) of 22.3% during the forecast period of 2022-2027.

Report Includes

  • 17 data tables and 37 additional tables
  • An up-to-date overview and analysis of the global market for CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) technology
  • Analyses of the global market trends, with historic revenue data for 2019-2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the market potential for CRISPR technology, industry growth drivers, and areas of focus to forecast this market into various segments and sub-segments
  • Estimation of the actual market size and revenue forecast for the global CRISPR technology market in USD million terms, and corresponding market share analysis by application, end user, and region
  • Discussion of the major market dynamics, key shifts and regulations, industry specific challenges, and macroeconomic factors affecting the demand for CRISPR technology market over the coming years (2022-2027)
  • Identification of the companies that are best positioned to meet this demand because of their proprietary technologies, strategic alliances, or other advantages
  • A look at the recent technical breakthrough on the use of CRISPR-Cas9 genome editing technology, and how it has propelled the rapid growth in genetic engineering and advanced pharmacological research
  • Comparative study on CRISPR with TALE and ZFN nuclease as a gene editing tool and discussion on its higher adaptability over other nucleases
  • Review of the patent filings and research publications for innovations in the CRISPR-Cas9 genome editing technology
  • Insight into recent industry structure for CRISPR-Cas9 genome editing technology, competitive environment, clinical trials, ongoing research activities, and the COVID-19 impact on the marketplace
  • Company profiles of major players within the industry, including CRISPR Therapeutics AG, GenScript, Lonza Group Ltd, PerkinElmer and Thermo Fisher Scientific Inc.

Report Scope

The current report provides detailed exposure to the CRISPR technology market. This report highlights the current and future market potential of CRISPR technology, along with a detailed analysis of the drivers, restraints, and challenges in the market. The report also covers market projections for 2027, as well as the competitive environment and regulatory scenario. The report details the market share of CRISPR technology on applications and end users. The market is segmented into Biotechnology & Pharmaceutical Companies, Academics & Government Research Institutes, and Contract Research Organizations (CROs) based on end users. The market is categorized as Drug Development, Agriculture, Diagnostics, Clinical therapy, and Others based on Application. The report includes the company profiles of the key players with detailed information about their business segments, financials, product portfolios, and recent developments. The report also discusses the impact of the COVID-19 pandemic on this market.

By geography, the market has been segregated into North America, Europe, Asia-Pacific, and the Rest of the world. The North American region includes countries such as the U.S. and Canada; Europe includes Germany, U.K., France, and the Rest of Europe; Asia-Pacific includes China, India, Japan, and the Rest of Asia-Pacific. For market estimates, data has been provided for 2019 as the historic year, 2021 as the base year, and forecast for 2027.

Frequently Asked Questions (FAQs)

The global market for CRISPR technology was estimated at $3.4 billion in 2022 and is expected to increase rapidly by 22.3% to reach $9.2 billion in 2027.
The key factors driving the growth of the CRISPR technology market include the rising chronic disease prevalence, increasing prevalence of genetic disorders, and increasing government & private funding.
The CRISPR technology market is segmented based on application, end user, and region.
The Biotechnology & Pharmaceutical Companies will dominate the market by the end of 2027.
North America holds the highest share of the market.
Key companies in the market include Caribou Biosciences, Inc., CRISPR Therapeutics, Danaher (Integrated DNA Technologies), and Editas Medicine.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $2.7 billion
Market size forecast $9.2 billion
Growth rate CAGR of 22.3% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered Application, End User, Region
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Key Market Drivers
  • CRISPR Versus Chronic Disease
  • High Prevalence of Genetic Disorders
  • Government and Private Funding
  • Increasing Applications of CRISPR
Companies studied
  • CARIBOU BIOSCIENCES INC.
  • CRISPR THERAPEUTICS AG
  • DANAHER CORP.
  • EDITAS MEDICINE INC.
  • GENSCRIPT
  • HERA BIOLABS
  • INTELLIA THERAPEUTICS INC.
  • LONZA GROUP LTD.
  • MAMMOTH BIOSCIENCES INC.
  • NEW ENGLAND BIOLABS INC.
  • ORIGENE TECHNOLOGIES
  • PERKINELMER
  • PRECISION BIOSCIENCES
  • SYNTHEGO
  • THERMO FISHER SCIENTIFIC INC.
  • TOOLGEN INC.

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: CRISPR Technology: Global Markets131Free
Chapter- 1: Introduction7Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Market Overview33Free
Chapter- 4: Industry Structure4Free
Chapter- 5: Impact of COVID-19 on the Market for CRISPR Technology2Free
Chapter- 6: Competitive Landscape6Free
Chapter- 7: Global Market for CRISPR Technology by End User11Free
Chapter- 8: Global Market for CRISPR Technology by Application16Free
Chapter- 9: Global Market for CRISPR Technology by Region16Free
Chapter- 10: Company Profiles32Free
Published - Jun-2020| Analyst - Vijay Laxmi| Code - HLC258A

Report Highlights

The global market for CRISPR technology should grow from $75.0 billion in 2018 to $218.9 billion by 2023, at a compound annual growth rate (CAGR) of 23.9% for the period of 2018-2023.

Report Includes

  • 45 data tables and 35 additional tables
  • An overview of global CRISPR market, discussion on CRISPR interference technique and its potential application in alteration of germline in animal, human and other organisms
  • Analyses of global market trends, with market data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
  • Explanation of the major drivers and regional dynamics of the global CRISPR market and evaluation of its current market size, and market forecast
  • Comparative study on CRISPR with TALE and ZFN nuclease as a gene editing tool and discussion on its higher adaptability over other nucleases
  • Information on congenital anomalies, its prevalence, causes and its relation to mortality rate
  • Knowledge about Cell Line Engineering, CRISPR Plasmid, Genetic Engineering, GRNA Database/Gene Library and Human Stem Cells
  • Insights into regulatory framework and investment analysis
  • Market share analysis of the leading suppliers of the industry and their detailed company profiles, including Caribou Biosciences, Genscript, Integrated DNA Technologies, Intellia Therapeutics Inc., Precision Biosciences, Sangamo Therapeutics Inc., and Thermo Fisher Scientific
CRISPR Technology: Global Markets

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