Gene Editing Tools Market to Grow at CAGR of 18% through 2029 | Future Market Insights - PowerPoint PPT Presentation

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Gene Editing Tools Market to Grow at CAGR of 18% through 2029 | Future Market Insights

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According to latest research by FMI, the global gene editing tools market is estimated to have accounted for more than US$ 258 Mn in terms of value in 2018. The report on the gene editing tools market further projects that the gene editing tools market is likely to grow at a CAGR of over 18% during the period 2019-2029. – PowerPoint PPT presentation

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Title: Gene Editing Tools Market to Grow at CAGR of 18% through 2029 | Future Market Insights


1
Gene Editing Tools Market Expected to Witness a
CAGR of 18 through 2019-2029 FMI Reports
  • March 2020

Report Id REP-GB-9544 Published On
17-May-2019 Category Healthcare,
Pharmaceuticals Medical Devices
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
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level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
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FMI is headquartered out of London, U.K., with a
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contact Hari. T (Sr. Manager - Global Business
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3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Gene Editing Tools Market Analysis
According to latest research by FMI, the global
gene editing tools market is estimated to have
accounted for more than US 258 Mn in terms of
value in 2018. The report on the gene editing
tools market further projects that the gene
editing tools market is likely to grow at a CAGR
of over 18 during the period 2019-2029. The
Clustered Regularly Interspaced Short Palindromic
Repeats (CRISPR/Cas9) segment is a leading
segment in terms of revenue by product type in
the gene editing tools market, and accounted for
an approximate revenue share of 75 in 2018.
CRISPR/Cas9 gene editing tools are most widely
used by scientists to create transgenic animals
that include zebrafish, pigs, mice, rats, and
primates. Among all the distribution channels in
the gene editing tools market, the academic and
research institutes segment is expected to be
most prominent segment, followed by biotech and
pharmaceutical companies. Prevalence of Cancers
and Rare Genetic Diseases Establish a Strong Base
for Innovation of Gene Editing Tools The rising
prevalence of cancer and other genetic disorders,
such as sickle cell disease, heart disease,
diabetes, Alzheimer's disease, obesity, and
others, is among the key factors impacting the
growth of gene editing tools market.
5
Gene Editing Tools Market Analysis
Cancer is registered to be the second most
prominent cause of death worldwide. According to
the World Health Organization (WHO), the number
of deaths due to cancer worldwide in 2015 was 8.8
million. However, cancer alone was responsible
for an estimated 9.6 million deaths globally in
2018. Worldwide, approximately about 1 in 6
deaths occur owing to cancer. An analysis states
that approximately 70 of deaths due to cancer
occur in low- and middle-income countries. Thus,
gene editing is most preferred for the management
of rare genetic disorders, which is driving the
demand for gene editing, thus generating a
favourable revenue opportunity for gene editing
tools. The growing prevalence and incidence of
rare genetic disorders, majorly Sickle Cell
Disease (SKD), cancer, and Alzheimer's disease,
is leading to the high demand for genome editing,
and is one of the leading factors that is
contributing significantly to the growth of the
gene editing tools market. Moreover, gene editing
tools, such as CRISPR, TALENs, and ZFNs, find
precise applications in the treatment of cancer.
Owing to the high efficiency and accuracy of the
CRISPR-Cas9 gene editing technique, it has
emerged as a potential tool for cancer therapy.
Among its various applications, CRISPR-Cas9 has a
high clinical potential to detect novel target
genes for cancer therapy.
6
Gene Editing Tools Market Analysis
Biomedical Community Eyes Potential Application
of Gene Editing Tools Introduction of
technologically advanced gene editing tools is
expected to boost the growth of gene editing
tools market. Recent advancements in CRISPR gene
editing tools and their ease of use have
generated significant interest in the biomedical
community. Clustered Regularly Interspaced Short
Palindromic Repeats (CRISPR)-based gene editing
has high potential to cater to the therapeutic
landscape of induced disorders, owing to the
presence of key players in the industry such as
Intellia, CRISPR Therapeutics, and Editas. CRISPR
gene editing tools offer precise gene-targeted
treatments for ß-thalassemia and SKD. Among gene
editing tools, there are potential applications
for CRISPR in the gene editing tools market in
human therapeutics as well as veterinary
therapeutics. Regional Players Focusing on
Product Reach Connectivity North America,
followed by Europe, is a prominent region in the
global gene editing tools market. North America
accounts for a revenue share of about 25.0 in
2018 in gene editing tools market.
7
Gene Editing Tools Market Analysis
Europe accounting for the second-largest revenue
share, and is followed by South Asia in the gene
editing tools market. India, China, and Japan are
among the emerging markets in the gene editing
tools market. Japan is among the fastest-growing
emerging markets in the global gene editing tools
market, and is projected to grow at a CAGR of
more than 6 during the forecast period of
2019-2029. The gene editing tools market report
tracks some of the key companies operating in
gene editing tools market, such as Thermo Fisher
Scientific Inc., ERS Genomics, CRISPR
THERAPEUTICS, Merck KGaA, Editas Medicine, Takara
Bio USA, New England Biolabs, Intellia
Therapeutics, Inc., and GenScript Biotech
Corporation. Request for covid19 Impact
Analysis https//www.futuremarketinsights.com/cov
id19/rep-gb-11161 Majority of the key regional
players in the gene editing tools market are
focused on increasing their product reach and
connectivity with the help of domestic
distributors of gene editing tools.
8
Gene Editing Tools Market Analysis
  • Moreover, the manufacturers of gene editing tools
    are focused to strengthening their businesses in
    high-growth markets, such as India, Japan, China,
    and Argentina, by expanding their sales and
    distribution channels across these countries.
  • Source Link https//www.prnewswire.com/news-relea
    ses/gene-editing-tools-gain-an-uptick-in-sales-wit
    h-emphasis-on-rare-genetic-disorder-management---f
    uture-market-insights-300887316.html
  • More from Healthcare, Pharmaceuticals and Medical
    devices
  • Fertility and Pregnancy Rapid Test Kits Market
  • Wearable Medical Devices Market
  • Urinary Tract Infection (UTI) Treatment Market

About Us Future Market Insights (FMI) is a
leading market intelligence and consulting firm.
We deliver syndicated research reports, custom
research reports and consulting services which
are personalized in nature. FMI delivers a
complete packaged solution, which combines
current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights and an aerial view of the competitive
framework and future market trends.
9
Gene Editing Tools Market Analysis
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Market,you can request a report sample with full
TOC
10
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