CRISPR & Cas Genes Market (By Product and Services; By Application: Agricultural and Biomedical; End-User: Contract Research Organizations (CROs), Academics & Government Research Institutes and Biotechnology & Pharmaceutical Companies) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2023 - 2032

The global CRISPR and Cas genes market size was exhibited at USD 2.56 billion in 2022 and is projected to hit around USD 12.44 billion by 2032, growing at a CAGR of 17.11% during the forecast period 2023 to 2032.

CRISPR And Cas Genes Market Size, 2023 to 2032

Key Pointers:

  • The North American region dominated the global industry in 2022 and accounted for the maximum share of more than 39.19% of the overall revenue.
  • Asia Pacific, on the other hand, is anticipated to witness the fastest growth rate during the forecast period.  
  • The product segment dominated the global industry in 2022 and accounted for the highest share of more than 78.00% of the overall revenue.
  • The biomedical application segment dominated the global industry in 2022 and accounted for the largest share of more than 93.55% of the total revenue.
  • The biotechnology and pharmaceutical companies end-use segment dominated the global industry in 2022 and accounted for the maximum share of more than 50.19% of the overall revenue.  

CRISPR And Cas Genes Market Report Scope

Report Coverage

Details

Market Size in 2023

USD 3.00 Billion

Market Size by 2032

USD 12.44 Billion

Growth Rate From 2023 to 2032

CAGR of 17.11%

Base Year

2022

Forecast Period

2023 to 2032

Segments Covered

Product & Service, Application, End-use

Market Analysis (Terms Used)

Value (US$ Million/Billion) or (Volume/Units)

Regional Scope

North America; Europe; Asia Pacific; Central and South America; the Middle East and Africa

Key Companies Profiled

Caribou Biosciences, Inc., Editas Thermo Fisher Scientific, Takara Bio Inc, OriGene Technologies, Inc., Merck KGaA, Horizon Discovery Ltd., Addgene, Medicine, Crispr Therapeutics, and Mirus Bio LLC

 

The increasing usage of CRISPR and Cas genes systems in the biomedical research field. The use of CRISPR-Cas systems in diagnostics and the assessment of evolutionary analysis in prokaryotes has significantly increased, owing to the developments in the field of genome editing. The application of this technology enables easy and cost-efficient editing of genes. Genome editing has made a significant advancement in biomedical research, with the present trend of cutting-edge techniques paving the way for the future treatment of different genetic and non-genetic disorders.

The development and implementation of more effective ways for gene targeting and the generation of gene-edited avian species have been facilitated by the availability of the CRISPR/Cas9-mediated gene and genome editing technology. According to an article published on Frontiers in February 2021, CRISPR/Cas9 has become a robust and important tool for gene editing in the poultry industry. Potential applications in several fields would further boost the demand for this technology. The COVID-19 outbreak shifted the researcher’s emphasis to the development of COVID-19 molecular diagnostic tools based on this technology. For instance, in March 2021, Nanyang Technological University researchers in Singapore created a COVID-19 test based on CRISPR that provides results in 30 minutes.

Even after the virus has mutated, this test still discovers it. This would further encourage the other key players to leverage this technique, thereby driving the industry's growth. This technology is increasingly being used for several medical and other applications. Competition over patents for such a gene-editing technology is expected to grow, as more academic institutions and biotech companies attempt to develop new commercial applications of this technology. In addition, there is a lot of potential for this technique to advance with the use of machine learning technologies. For instance, in August 2022, Synthego launched engineered cell libraries, a cutting-edge service that expands access to CRISPR by giving arrayed CRISPR-edited cells for use directly in functional screening experiments.

It has potential applications in disease research. Key players offer tools and solutions for each step of the gene editing workflow. Integrating several tools, services, and improved processes makes it possible to complete research experiments rapidly and with little effort. Moreover, key players have raised significant funding to support the R&D of the CRISPR & Cas9 gene-editing approach. For instance, in April 2021, Vertex Pharmaceuticals collaborated with CRISPR Therapeutics to develop and manufacture a new CRISPR/Cas9-based gene editing therapy called CTX001, a potential therapeutic option for transfusion-dependent beta-thalassemia and Sickle Cell Disease (SCD). In January 2020, Mammoth Biosciences raised USD 45 million to develop next-gen CRISPR products for therapeutics & diagnostics purposes. This would further be used to develop the company’s CRISPR genes-driven diagnostics portfolio.

Product & Service Insights

Based on product & service, the global industry has been further categorized into products and services. The product segment dominated the global industry in 2022 and accounted for the highest share of more than 78.00% of the overall revenue. Several cutting-edge technologies, such as CRISPR gene editing kits, have been developed to meet the growing demands for genome editing solutions. The maximum revenue share can be attributed to the availability of enhanced individual products that can be used to achieve a variety of goals, including simple gene knockouts, selective genome cleavage, reduced off-target cutting, genome engineering, and higher specificity.

Furthermore, increased investments in gene editing-based R&D, along with the introduction of several applications, are anticipated to drive the growth of the service segment during the forecast period. For instance, in July 2022, a U.K. charity (The British Heart Foundation) provided USD 37 million to an international team to develop innovative gene-editing treatments for inherited heart diseases. Recent gene editing techniques, particularly CRISPR technology, have offered several opportunities to combat cardiovascular diseases.

Application Insights

On the basis of applications, the global industry has been further categorized into biomedical and agricultural. The biomedical application segment dominated the global industry in 2022 and accounted for the largest share of more than 93.55% of the total revenue. The increasing utilization of CRISPR gene-editing technologies in a number of biological science fields has significantly contributed to the segment’s high revenue share. The effectiveness and specificity of this technology have been enhanced by better delivery methods and the introduction of nanocarriers. The number of studies and publications that use this method to modify the genomes of human somatic cells and induced pluripotent stem cells has significantly increased.

In addition, some companies provide commercial kits and services to help researchers who are working in this domain. On the other hand, the agriculture application segment is anticipated to register the fastest growth rate during the forecast period. Improvements in agricultural production through the incorporation of innovative breeding technology have increased access to nutrition-rich foods globally. For instance, in June 2019, researchers at the Cold Spring Harbor Laboratory implemented CRISPR/Cas9 technology to induce mutations in the flowering suppressor of tomatoes, which resulted in rapid flowering and improved compact growth of tomatoes, finally an early yield.

End-use Insights

On the basis of end-uses, the global industry has been further categorized into biotechnology & pharmaceutical companies, academics & government research institutes, and Contract Research Organizations (CROs). The biotechnology and pharmaceutical companies end-use segment dominated the global industry in 2022 and accounted for the maximum share of more than 50.19% of the overall revenue. Pharmaceutical companies are utilizing these technologies more frequently to quickly identify and validate new therapeutic targets and to produce better biological models for human diseases in less time.

The segment is also anticipated to be further driven by the rising number of biotechnology companies using gene modification for both research and commercial purposes. In addition, there is a huge demand for CRISPR-based gene-editing methods for the creation of innovative medicines for cell and gene therapies. CRISPR’s core architecture has been modified by extending its reach into the epigenome and granting control over an epigenetic inheritance. For instance, in April 2021, researchers from the Massachusetts Institute of Technology and the University of California created a CRISPR on-off switch to regulate gene expression.

Regional Insights

On the basis of geographies, the global industry has been further categorized into North America, Europe, Latin America, Middle East & Africa, and Asia Pacific. The North American region dominated the global industry in 2022 and accounted for the maximum share of more than 39.19% of the overall revenue. The growing biopharmaceutical R&D as well as the involvement of several pharmaceutical corporations in the creation of novel therapeutics has contributed to the region’s growth. For instance, in May 2020, Merck KGaA received U.S. approval for two of its CRISPR Cas9-driven gene-editing patents.

Asia Pacific, on the other hand, is anticipated to witness the fastest growth rate during the forecast period. The increasing government investment in R&D to develop novel treatments is aiding in the market expansion in Japan and China. For instance, in March 2022, Japanese biotech company Setsuro Tech received a patent for CRISPR-Cas9 technology from Dublin-based ERS Genomics. The company is creating animal and cell models using these advanced technologies. Such initiatives are predicted to enhance CRISPR technology adoption in the region, further contributing to revenue generation.

Some of the prominent players in the CRISPR And Cas Genes Market include:

  • Caribou Biosciences, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Cellectis
  • AstraZeneca
  • Editas Medicine, Inc.
  • Addgene
  • Egenesis
  • Horizon Discovery Group Plc
  • Intellia Therapeutics, Inc.
  • Genscrip
  • Danaher Corporation
  • Lonza
  • Merck KGaA
  • Synthego
  • Mammoth Biosciences
  • Inscripta, Inc.
  • Cibus
  • New England BioLabs
  • Takara Bio, Inc.

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global CRISPR And Cas Genes market.

By Product & Service

  • By Service
    • Microbial Gene Editing
    • Cell Line Engineering
    • gRNA Design
    • DNA Synthesis
  • By Product
    • Design Tool
    • Kits & Enzymes
    • Libraries
    • Antibodies
    • Others

By Application

  • Agricultural
  • Biomedical
    • Functional Genomics
    • Genome Engineering
    • Disease Model Studies
    • Epigenetics
    • Others

End-use Outlook

  • Contract Research Organizations (CROs),
  • Academics & Government Research Institutes
  • Biotechnology & Pharmaceutical Companies

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global CRISPR & Cas Genes Market, By Product & Service

7.1. CRISPR & Cas Genes Market, by Product & Service Type, 2020-2032
7.1.1. Service
7.1.1.1. Market Revenue and Forecast (2020-2032)
7.1.2. Product
7.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 8. Global CRISPR & Cas Genes Market, By Application

8.1. CRISPR & Cas Genes Market, by Application, 2020-2032
8.1.1. Agricultural
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Biomedical
8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global CRISPR & Cas Genes Market, By End-Use

9.1. CRISPR & Cas Genes Market, by End-Use, 2020-2032
9.1.1. Contract Research Organizations (CROs)
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Academics & Government Research Institutes
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Biotechnology & Pharmaceutical Companies
9.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global CRISPR & Cas Genes Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.1.2. Market Revenue and Forecast, by Application (2020-2032)
10.1.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.1.4.2. Market Revenue and Forecast, by Application (2020-2032)
10.1.4.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.1.5.2. Market Revenue and Forecast, by Application (2020-2032)
10.1.5.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.2.2. Market Revenue and Forecast, by Application (2020-2032)
10.2.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.2.4.2. Market Revenue and Forecast, by Application (2020-2032)
10.2.4.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.2.5.2. Market Revenue and Forecast, by Application (2020-2032)
10.2.5.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.2.6.2. Market Revenue and Forecast, by Application (2020-2032)
10.2.6.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.2.7.2. Market Revenue and Forecast, by Application (2020-2032)
10.2.7.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.3.2. Market Revenue and Forecast, by Application (2020-2032)
10.3.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.3.4.2. Market Revenue and Forecast, by Application (2020-2032)
10.3.4.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.3.5.2. Market Revenue and Forecast, by Application (2020-2032)
10.3.5.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.3.6.2. Market Revenue and Forecast, by Application (2020-2032)
10.3.6.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.3.7.2. Market Revenue and Forecast, by Application (2020-2032)
10.3.7.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.4.2. Market Revenue and Forecast, by Application (2020-2032)
10.4.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.4.4.2. Market Revenue and Forecast, by Application (2020-2032)
10.4.4.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.4.5.2. Market Revenue and Forecast, by Application (2020-2032)
10.4.5.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.4.6.2. Market Revenue and Forecast, by Application (2020-2032)
10.4.6.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.4.7.2. Market Revenue and Forecast, by Application (2020-2032)
10.4.7.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.5.2. Market Revenue and Forecast, by Application (2020-2032)
10.5.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.5.4.2. Market Revenue and Forecast, by Application (2020-2032)
10.5.4.3. Market Revenue and Forecast, by End-Use (2020-2032)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product & Service (2020-2032)
10.5.5.2. Market Revenue and Forecast, by Application (2020-2032)
10.5.5.3. Market Revenue and Forecast, by End-Use (2020-2032)

Chapter 11. Company Profiles

11.1. Caribou Biosciences, Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. F. Hoffmann-La Roche Ltd.
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Cellectis
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. AstraZeneca
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Editas Medicine, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Addgene
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Egenesis
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Horizon Discovery Group Plc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Intellia Therapeutics, Inc.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Genscrip
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Danaher Corporation
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. Lonza
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. Merck KGaA
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives
11.14. Synthego
11.14.1. Company Overview
11.14.2. Product Offerings
11.14.3. Financial Performance
11.14.4. Recent Initiatives
11.15. Mammoth Biosciences
11.15.1. Company Overview
11.15.2. Product Offerings
11.15.3. Financial Performance
11.15.4. Recent Initiatives
11.16. Inscripta, Inc.
11.16.1. Company Overview
11.16.2. Product Offerings
11.16.3. Financial Performance
11.16.4. Recent Initiatives
11.17. Cibus
11.17.1. Company Overview
11.17.2. Product Offerings
11.17.3. Financial Performance
11.17.4. Recent Initiatives
11.18. New England BioLabs
11.18.1. Company Overview
11.18.2. Product Offerings
11.18.3. Financial Performance
11.18.4. Recent Initiatives
11.19. Takara Bio, Inc.
11.19.1. Company Overview
11.19.2. Product Offerings
11.19.3. Financial Performance
11.19.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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