Dublin, July 28, 2020 (GLOBE NEWSWIRE) -- The "Genome Editing/Genome Engineering Market by Technology (CRISPR, TALEN, ZFN, Antisense), Product & Service, Application (Cell Line Engineering, Genetic Engineering, Diagnostics, Drug Discovery & Development), End-User and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Rising government funding and increase in the number of genomic projects, especially in the area of rare diseases, and a growing application horizon are all expected to drive the growth of the genome editing/genome engineering market.

Market growth is largely driven by factors such as the rise in government funding, growth in the number of genomics projects, high prevalence of infectious diseases & cancer, technological advancements, increasing production of genetically modified crops, and growing application areas of genomics. However, the high cost of genomic equipment will restrain the growth of this market.

Based on technology, the market is segmented into CRISPR, TALEN, ZFN, antisense, and other technologies. CRISPR accounted for the largest share of the genome editing/genome engineering market in 2019. The large share of this segment can be attributed to the ease of use associated with the CRISPR technology and its ability to multiplex.

By end-user, the genome editing/genome engineering market is segmented into pharmaceutical companies, biotechnology companies, and academic & government research institutes. The pharmaceutical companies segment accounted for the largest share of the market. The pharmaceutical companies segment accounted for the largest share of the genome editing/genome engineering market in 2019. This is due to the increasing prevalence of infectious diseases and cancer, which is driving research in the pharma sector for drug development.

The Asia Pacific is estimated to grow at the highest CAGR during the forecast period. Factors such as the rapid growth in the pharmaceutical and biopharmaceutical industry, the rising number of genomic projects, and the presence of a genetically diverse population have supported the region's high growth rate.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview5.1 Introduction5.2 Market Dynamics: Drivers, Opportunities, and Challenges5.3 Value Chain Analysis5.4 Impact of Covid-19 Outbreak on the Genome Editing/Genome Engineering Market

6 Genome Editing/Genome Engineering Market, by Technology6.1 Introduction6.2 CRISPR6.3 Talen6.4 ZFN6.5 Antisense6.6 Other Technologies

7 Genome Editing/Genome Engineering Market, by Application7.1 Introduction7.2 Cell Line Engineering7.3 Genetic Engineering7.4 Diagnostic Applications7.5 Drug Discovery & Development7.6 Other Applications

8 Genome Editing/Genome Engineering Market, by Product & Service8.1 Introduction8.2 Reagents & Consumables8.3 Software & Systems8.4 Services

9 Genome Editing/Genome Engineering Market, by End-user9.1 Introduction9.2 Pharmaceutical Companies9.3 Biotechnology Companies

10 Genome Editing/Genome Engineering Market, by Region

11 Competitive Landscape11.1 Introduction11.2 Market Ranking Analysis11.3 Market Evaluation Framework11.4 Competitive Leadership Mapping11.4.1 Visionary Leaders11.4.2 Dynamic Differentiators11.4.3 Innovators11.4.4 Emerging Companies11.5 Competitive Scenario11.5.1 Key Product Launches11.5.2 Key Partnerships & Collaborations11.5.3 Key Acquisitions

12 Company ProfilesBusiness Overview, Products and Services Offered, Recent Developments, the Author's View12.1 Thermo Fisher Scientific12.2 Merck12.3 Horizon Discovery12.4 Genscript12.5 Sangamo Therapeutics12.6 Lonza12.7 Editas Medicine12.8 CRISPR Therapeutics12.9 Eurofins Scientific12.10 Precision Biosciences12.11 Oxford Genetics12.12 Intellia Therapeutics12.13 Synthego12.14 Vigene Biosciences12.15 Epigenie12.16 Integrated DNA Technologies12.17 New England Biolabs12.18 Origene Technologies12.19 Transposagen Biopharmaceuticals12.20 Creative Biogene

For more information about this report visit https://www.researchandmarkets.com/r/xk0ikg

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The Global Genome Editing/Genome Engineering Market is Projected to reach USD 11.2 Billion in 2025 from USD 5.1 Billion in 2020, at a CAGR of 17.0 % -...