CRISPR Technology Market Scope and Size by 2031
Increasing usage of CRISPR systems in microbiology, growing government and private investments on research and development of genome editing, rising prevalence of genetic disorders, and increases application of CRISPR/Cas9 technology to improve crop production drives the global CRISPR technology market. However, ethical issues associated with CRISPR and lack of skilled personnel restrain the global CRISPR technology market over the forecast period.
The "Global CRISPR Technology Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by product and services, application, end user and geography. The global CRISPR Technology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading CRISPR Technology market players and offers key trends and opportunities in the market.
The global CRISPR technology market is segmented on the basis of product and services, application, end user. Based product and services, the market is segmented as, enzymes, kits, services and others. The CRISPR technology market is categorized based on application into, genetic engineering, cell line engineering and others. Based on end user, the CRISPR Technology market is classified into biotechnology & pharmaceutical companies, contract research organizations (CROS), and academic & government research institutes.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global CRISPR Technology market based product and services, application, end user. It also provides market size and forecast till 2031 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The CRISPR Technology Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America held over major share in the CRISPR Technology market in 2021 owing to significant research carried out in order to develop novel therapeutics for disease targeting and high adoption of genome editing technique for germline modifications. North America is expected to collectively contribute towards the growth of CRISPR Technology market owing to the presence of major market players and also the development of technologically advanced products of CRISPR technology is expected to influence the CRISPR technology market growth.
The Asia-Pacific region is expected to exhibit highest CAGR during the forecast period due to many applications in developing economies of the region for animal disease and human disease treatment. Also, the rapid economic growth in this region coupled with diversified population and large patient pool, drives CRISPR Technology market in this region.
The report analyzes factors affecting CRISPR Technology market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the CRISPR Technology market in these regions.
The report also includes the profiles of key CRISPR Technology companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the CRISPR Technology market include Thermo Fisher Scientific Inc., Merck KGaA, Horizon Discovery Group plc, Cellecta, Inc, GeneCopoeia, Inc., New England Biolabs, OriGene Technologies, Inc., GenScript, Integrated DNA Technologies, Inc. and Agilent Technologies, Inc.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1. CRISPR Technology Market- By Product and Services
1.3.2. CRISPR Technology Market- By Application
1.3.3. CRISPR Technology Market- By End User
1.3.4. CRISPR Technology Market- By Region
1.3.4.1. By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CRISPR TECHNOLOGY MARKET LANDSCAPE
4.1. MARKET OVERVIEW
4.2. PEST ANALYSIS
4.2.1. North America - PEST Analysis
4.2.2. Europe - PEST Analysis
4.2.3. Asia Pacific - PEST Analysis
4.2.4. Middle East & Africa - PEST Analysis
4.2.5. South and Central America - PEST Analysis
5. CRISPR TECHNOLOGY MARKET- KEY INDUSTRY DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. CRISPR TECHNOLOGY MARKET- GLOBAL ANALYSIS
6.1. CRISPR TECHNOLOGY MARKET - GLOBAL MARKET OVERVIEW
6.2. CRISPR TECHNOLOGY MARKET - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/ MARKET SHARE OF KEY PLAYERS
7. CRISPR TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - PRODUCT AND SERVICES
7.1. OVERVIEW
7.2. PRODUCT AND SERVICES MARKET FORECASTS AND ANALYSIS
7.3. ENZYMES MARKET
7.3.1. Overview
7.3.2. Enzymes Market Forecast And Analysis (US$ Mn)
7.4. KITS MARKET
7.4.1. Overview
7.4.2. Kits Market Forecast and Analysis (US$ Mn)
7.5. SERVICES MARKET
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis (US$ Mn)
7.6. OTHER MARKET
7.6.1. Overview
7.6.2. Other Market Forecast and Analysis (US$ Mn)
8. CRISPR TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - BY APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS (US$ MN)
8.3. GENETIC ENGINEERING MARKET
8.3.1. Overview
8.3.2. Genetic Engineering Market Revenue Forecasts and Analysis (US$ Mn)
1.1.1. Animal Genetic Engineering Market
1.1.1.1. Overview
1.1.1.2. Animal Genetic Engineering Market Revenue Forecasts and Analysis (US$ Mn)
1.1.2. Plant Genetic Engineering Market
1.1.2.1. Overview
1.1.2.2. Plant Genetic Engineering Market Revenue Forecasts and Analysis (US$ Mn)
8.4. CELL LINE ENGINEERING MARKET
8.4.1. Overview
8.4.2. Cell Line Engineering Market Revenue Forecasts and Analysis (US$ Mn)
8.5. OTHER APPLICATIONS MARKET
8.5.1. Overview
8.5.2. Other Technologies Market Revenue Forecasts and Analysis (US$ Mn)
9. CRISPR TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. BIOTECHNOLOGY & PHARMACEUTICAL COMPANIES MARKET FORECASTS AND ANALYSIS (US$ MN)
9.3.1. Overview
9.3.2. Biotechnology & pharmaceutical Companies Market Forecasts and Analysis (US$ Mn)
9.4. CONTRACT RESEARCH ORGANISATIONS (CROS) MARKET
9.4.1. Overview
9.4.2. Contract Research Organisations (CROs) Market Forecasts and Analysis (US$ Mn)
9.5. ACADEMIC & GOVERNMENT RESEARCH ORGANISATIONS MARKET
9.5.1. Overview
9.5.2. Academic & Government Research Organisations (CROs) Market Forecasts and Analysis (US$ Mn)
9.6. OTHER END USERS MARKET
9.6.1. Overview
9.6.2. Other End Users Market Forecasts and Analysis (US$ Mn)
10. CRISPR TECHNOLOGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA CRISPR TECHNOLOGY MARKET
10.1.1. North America CRISPR Technology Market Forecasts and Analysis (US$ Mn)
10.1.2. North America CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.1.3. North America CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.1.4. North America CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.1.5. North America CRISPR Technology Market Forecasts and Analysis - By Country
10.1.6. US Market Overview
10.1.6.1. US CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.1.6.2. US CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.1.6.3. US CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.1.7. Canada Market Overview
10.1.7.1. Canada CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.1.7.2. Canada CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.1.7.3. Canada CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.1.8. Mexico Market Overview
10.1.8.1. Mexico CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.1.8.2. Mexico CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.1.8.3. Mexico CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.2. EUROPE CRISPR TECHNOLOGY MARKET
10.2.1. Europe CRISPR Technology Market Forecasts and Analysis (US$ Mn)
10.2.2. Europe CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.2.3. Europe CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.2.4. Europe CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.2.5. Europe CRISPR Technology Market Forecasts and Analysis - By Country
10.2.6. UK Market Overview
10.2.6.1. UK CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.2.6.2. UK CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.2.6.3. UK CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.2.7. Germany Market Overview
10.2.7.1. Germany CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.2.7.2. Germany CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.2.7.3. Germany CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.2.8. France Market Overview
10.2.8.1. France CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.2.8.2. France CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.2.8.3. France CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.3. ASIA PACIFIC CRISPR TECHNOLOGY MARKET
10.3.1. Asia Pacific CRISPR Technology Market Forecasts and Analysis (US$ Mn)
10.3.2. Asia Pacific CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.3.3. Asia Pacific CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.3.4. Asia Pacific CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.3.5. Asia Pacific CRISPR Technology Market Forecasts and Analysis - By Country
10.3.6. Japan Market Overview
10.3.6.1. Japan CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.3.6.2. Japan CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.3.6.3. Japan CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.3.7. China Market Overview
10.3.7.1. China CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.3.7.2. China CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.3.7.3. China CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.3.8. India Market Overview
10.3.8.1. India CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.3.8.2. India CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.3.8.3. India CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.4. MIDDLE EAST & AFRICA (MEA) CRISPR TECHNOLOGY MARKET
10.4.1. Middle East & Africa (MEA) CRISPR Technology Market Forecasts and Analysis (US$ Mn)
10.4.2. Middle East & Africa (MEA) CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.4.3. Middle East & Africa (MEA) CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.4.4. Middle East & Africa (MEA) CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.4.5. Middle East & Africa (MEA) CRISPR Technology Market Forecasts and Analysis - By Country
10.4.6. South Africa Market Overview
10.4.6.1. South Africa CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.4.6.2. South Africa CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.4.6.3. South Africa CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.4.7. Saudi Arabia Market Overview
10.4.7.1. Saudi Arabia CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.4.7.2. Saudi Arabia CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.4.7.3. Saudi Arabia CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.4.8. UAE Market Overview
10.4.8.1. UAE CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.4.8.2. UAE CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.4.8.3. UAE CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.5. SOUTH AND CENTRAL AMERICA CRISPR TECHNOLOGY MARKET
10.5.1. South And Central America CRISPR Technology Market Forecasts and Analysis (US$ Mn)
10.5.2. South And Central America CRISPR Technology Market Forecasts and Analysis - By Product and Services (US$ Mn)
10.5.3. South And Central America CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.5.4. South And Central America CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
10.5.5. South And Central America CRISPR Technology Market Forecasts and Analysis - By Country
10.5.6. Brazil Market Overview
10.5.6.1. Brazil CRISPR Technology Market Forecasts and Analysis - By Product and Services(US$ Mn)
10.5.6.2. Brazil CRISPR Technology Market Forecasts and Analysis - By Application (US$ Mn)
10.5.6.3. Brazil CRISPR Technology Market Forecasts and Analysis - By End User (US$ Mn)
11. INDUSTRY LANDSCAPE
11.1. ORGANIC GROWTH STRATEGIES
11.1.1. New Product Launches
11.1.2. Marketing & Promotional Activities
11.2. INORGANIC GROWTH STRATEGIES
11.2.1. Partnerships, Collaborations, and Joint Ventures
11.2.2. Mergers & Acquisitions
12. CRISPR TECHNOLOGY MARKET, KEY COMPANY PROFILES
12.1. THERMO FISHER SCIENTIFIC INC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. MERCK KGAA
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HORIZON DISCOVERY GROUP PLC,
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. AGILENT TECHNOLOGIES, INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. CELLECTA, INC
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. GENECOPOEIA, INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. NEW ENGLAND BIOLABS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ORIGENE TECHNOLOGIES, INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. GENSCRIPT
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. INTEGRATED DNA TECHNOLOGIES, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
Thermo Fisher Scientific Inc.
2. Merck KGaA,
3. Horizon Discovery Group plc,
4. Cellecta, Inc
5. GeneCopoeia, Inc.
6. New England Biolabs
7. OriGene Technologies, Inc.
8. GenScript
9. Integrated DNA Technologies, Inc.
10. Agilent Technologies, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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