Crop Biotech Update

Report Projects Global Gene Editing Market Trends 2022-2026

April 20, 2022
Photo Source: Research and Markets

Research and Markets released the latest global market report on gene editing for 2022. According to the report, the gene editing market is projected to grow from US$5.41 billion in 2021 to US$6.35 billion in 2022 at a compound annual growth rate (CAGR) of 17.2%.

The projected growth is attributed to the resumption of operations of companies and adapting to the new normal while recovering from the impact of the COVID-19 pandemic. It is expected that the market would reach US12.04 billion in 2026 at a CAGR of 17.4%

The gene editing market covers the sales of gene editing tools such as CRISPR, TALENs, zinc finger nucleases, and other related services. Gene editing allows a change to occur in the genetic code at a specific location in a genome. It also involved cell line engineering, animal genetic engineering, and plant genetic engineering. The major players in the gene editing market include CRISPR, GenScript USA Inc, Horizon Discovery Group plc, Integrated DNA Technologies, New England Biolabs, OriGene Technologies, Thermo Fisher Scientific, Merck KgaA, GenScript Corporation, among others.

Read the summary of the report from Research and Markets.

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