Transparency Market Research
(TMR) has published a new report titled, “CRISPR and Cas Genes Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.
According to the report, the global CRISPR and Cas genes market was
valued at US$ 7,234.5 Mn by 2026, expanding at a CAGR of around 20.1% from 2018
to 2026.
Increase in applications of
CRISPR and Cas gene editing technology in bacteria and usage of gene editing
technology for prevention of various diseases are the major factors anticipated
to drive the market from 2018 to 2026. Rise in need of alternative medicine for
chronic diseases and increase in investments by key players in Asia Pacific are
projected to propel the market during the forecast period.
Request a PDF Sample
- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26417
Increase in Usage of DNA-free Cas
DNA-free Cas9 is most commonly
used with synthetic crRNA tracrRNA and chosen by researchers who strive to
avoid unwanted vector DNA integration into their genomic DNA. CRISPR-Cas9
utilizing mRNA or protein is ideal for applications such as knocking of a
fluorescent reporter using HDR or knockout cell line generation. Advantages
such as gene editing with DNA-free CRISPR-Cas9 components to reduce potential
off-targets and potential usage of CRISPR-Cas9 gene editing to find
correlations with human diseases in model systems drive the segment.
Rise in Incidence of Genetic Disorders and Increase in Applications of
CRISPR and Cas Genes to Propel Market
Genetic diseases are generally
termed as rare diseases. According to NCBI, prevalence of these rare diseases
is approximately 5 in 10,000. There are 6,000 to 8,000 rare diseases, with 250
to 280 new diseases diagnosed every year. Hence, 6% to 8% of the global
population is projected to be affected by rare diseases i.e., genetic diseases
in the near future. Researchers are developing treatments for these diseases
with applications of new technologies such as CRISPR. The applications of
CRISPR technology are expanding in other industrial sectors. This is expected
to drive the market during the forecast period.
Request for Analysis
of COVID19 Impact on CRISPR and Cas Genes Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=26417
Usage of CRISPR/Cas9 technology
in plant research has enabled the investigation of plant biology in detail
which has helped to create innovative applications in crop breeding. Site-directed
mutagenesis and site-specific integration of a gene, which is also called
knock-in, are important in precision crop breeding. Cas9/gRNA-mediated
site-directed mutagenesis and knock-in is widely used in rice and Arabidopsis
protoplasts. CRISPR/Cas9 provides a simple method to generate a DSB at a target
site to trigger HDR repair.
Ethical Issues Concerning Gene Editing Technology to Restrain Market
Any changes in the human genome
are made in the germline, and hence are expected to be passed on to the future
generations. The safety and efficacy concerns with genome editing have gained
momentum with the discovery of CRISPR, as it has the potential to make accurate
use of genome editing technologies. Major ethical issues concerning the human
genome editing technology are disturbance of the ecological equilibrium, patent
regulations concerning CRISPR/Cas9 gene technology, non-therapeutic
interventions using human genome, and formation of chimera which has the risk
of violation of the order of nature and giving rise to moral confusion for
treating organisms.
Purchase CRISPR and
Cas Genes Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=26417<ype=S
Asia Pacific Market to Witness Exponential Growth
In terms of revenue, the CRISPR
and Cas genes market in Asia Pacific is expected to expand at a CAGR of 22.0%
during the forecast period. Growth of the market in the region can be
attributed to increase in incidence of chronic diseases such as cancer and the
need of development of genetic engineered treatment options.
According to the report, Call for
Action: Expanding Cancer Care for Women in India, 2017, an estimated 0.7
million women in India are suffering from cancer. China dominated the CRISPR
and Cas genes market in Asia Pacific. In 2016, scientists based in China
launched the first known human trials of CRISPR, the genomic tech that involves
slicing and dicing the body’s very source code to fight cancer. Japan was the
second largest market for CRISPR and Cas genes in Asia Pacific.
Addgene, Thermo Fisher Scientific, Inc., and Integrated DNA
Technologies, Inc. to Lead Market
The report also provides profiles
of leading players operating in the global CRISPR and Cas market such as
Synthego, Thermo Fisher Scientific, Inc., GenScript, Addgene, Merck KGaA
(Sigma-Aldrich), Integrated DNA Technologies, Inc., Transposagen
Biopharmaceuticals, Inc., OriGene Technologies, Inc., New England Biolabs, Dharmacon,
Cellecta, Inc., Agilent Technologies, and Applied StemCell, Inc.
More Trending Reports
by Transparency Market Research –
Cellulite Treatment
Market: https://www.biospace.com/article/cellulite-treatment-market-market-in-asia-pacific-to-expand-at-a-significant-pace/
Read our Case study
at https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up
About Us
Transparency Market Research is a
global market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and
trends analysis provides forward-looking insight for several decision makers.
Our experienced team of analysts, researchers, and consultants use proprietary
data sources and various tools and techniques to gather and analyze
information.
Our data repository is
continuously updated and revised by a team of research experts so that it
always reflects latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and
secondary research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free:
866-552-3453
Website: https://www.transparencymarketresearch.com/
