Crop Biotech Update

CRISPR Technology Market to Drive More Business Opportunities

November 2, 2022

The global CRISPR technology market was valued at US$2,251.2 Mn in 2021 and is projected to reach a value of US$7,715.6 Mn by 2028, at a CAGR of 19.2% between 2022 and 2028. This is according to the market research report released by Coherent Market Insights.

The strong market growth in the CRISPR market is attributed to the increased disease burden and the rising demand and adoption of CRISPR. Furthermore, rising funding from the government and the private sector, as well as technological advancements, are expected to boost the market's growth. The increasing development of novel therapeutics is also expected to drive the growth of the global CRISPR market during the forecast period.

Read more from Coherent Market Insights.

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