Global Gene Editing Market Outlook to 2030

Region:Global

Author(s):Meenakshi

Product Code:KROD3694

Published On

October 2024

Total pages

89

About the Report

Global Gene Editing Market Overview

  • The Global Gene Editing Market is valued at USD 5.2 billion, based on a five-year historical analysis. The market is driven by the rapid advancements in gene editing technologies, particularly the adoption of CRISPR-Cas9, which has revolutionized research and therapeutic applications. Growing interest in the treatment of genetic disorders and the development of personalized medicines are some key drivers.
  • Countries like the U.S., China, and the U.K. dominate the gene editing market due to their well-established biotech industries and regulatory frameworks supporting innovation. The U.S. leads in innovation due to high research activity and investment in biotech, while Chinas strong government support for genetic research makes it a key player. The U.K. is also recognized for its regulatory and ethical leadership in genome editing.
  • In the European Union, gene-editing technologies are regulated under both general medical and agricultural biotechnology frameworks. The European Commissions 2022 Biotechnology Strategy emphasized the need for strict oversight, particularly in the use of CRISPR-Cas9 in agriculture and healthcare. By 2023, only four gene-editing therapies had been approved, reflecting the EUs cautious approach to gene-editing applications.

Global Gene Editing Market Size

Global Gene Editing Market Segmentation

  • By Technology: The global gene editing market is segmented by technology into CRISPR-Cas9, TALENs, Zinc Finger Nucleases (ZFNs), and other gene editing technologies. CRISPR-Cas9 holds the dominant market share due to its accuracy, simplicity, and cost-effectiveness. This technology has revolutionized research in therapeutic development, agriculture, and biotechnology applications, making it a preferred choice for gene editing. TALENs and ZFNs follow CRISPR-Cas9 but have limited adoption due to higher costs and complexity compared to CRISPR.

Global Gene Editing Market Segmentation by Technology

  • By Region: The global gene editing market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America leads the market owing to advanced research infrastructure, substantial funding, and a large pool of biotech companies and academic institutions. Europe follows closely, supported by regulatory frameworks and research initiatives. Asia Pacific, especially China, is growing rapidly due to increasing government support and research investment.

Global Gene Editing Market Segmentation by Region

Global Gene Editing Market Competitive Landscape

The global gene editing market is highly competitive, with both established players and emerging companies focusing on technological advancements and research. The competitive landscape includes major players that dominate due to their extensive R&D capabilities, product portfolios, and strategic collaborations.The competitive nature of the market is underscored by continuous investments in R&D, collaborations with academic institutions, and partnerships with biotech firms.

Company Name

Establishment Year

Headquarters

Technology Focus

Revenue (USD Mn)

Market Cap (USD Bn)

Key Patents

R&D Investments

Collaborations

Strategic Initiatives

CRISPR Therapeutics AG

2013

Switzerland

             

Editas Medicine Inc.

2013

USA

             

Intellia Therapeutics Inc.

2014

USA

             

Precision Biosciences Inc.

2006

USA

             

Sangamo Therapeutics Inc.

1995

USA

             

Global Gene Editing Industry Analysis

Growth Drivers

  • Advancements in CRISPR Technology: The CRISPR-Cas9 system continues to drive advancements in gene editing, leading to faster, more accurate alterations of genetic material. In 2022, over 11,000 CRISPR-related patents were filed worldwide, with significant contributions from the U.S., China, and Europe. According to the World Intellectual Property Organization, the rapid expansion of CRISPR applications across fields such as medicine, agriculture, and biotechnology has been a major catalyst for innovation.
  • Rising Prevalence of Genetic Disorders: Genetic disorders affect a significant portion of the global population, making gene editing a critical focus in healthcare. In 2023, over 10 million people sought gene-based therapies, reflecting advancements in gene editing technologies and growing public awareness of these treatments. The increasing demand for personalized interventions, driven by genetic screening, continues to fuel innovation and investment in this field.
  • Increasing Investments in Genomic Research: Investments in genomic research are seeing significant growth, driven by initiatives focused on advancing precision medicine and genetic screening programs. Government agencies, research institutions, and private companies worldwide are expanding their efforts to promote innovations in gene-editing technologies. These increased investments are fostering advancements in the global gene-editing market, encouraging the development of new technologies and treatment solutions.

Market Challenges

  • Ethical Concerns Surrounding Genetic Manipulation: Gene editing, particularly germline modifications, raises significant ethical concerns globally. Issues surrounding the manipulation of human DNA, especially in unborn children, contribute to ongoing debates. These concerns have led to the implementation of strict regulatory frameworks, particularly in regions like Europe and North America, where oversight is more rigorous. Public perception plays a vital role in shaping these regulations, with growing calls for increased scrutiny over research and the application of gene-editing technologies in human healthcare.
  • High Cost of Gene Editing Procedures: Despite advancements in gene-editing technologies, the cost of these procedures remains prohibitively high, limiting access to cutting-edge treatments. This poses challenges, especially in low- and middle-income regions, where healthcare systems struggle to fund expensive gene therapies. The high costs associated with these treatments continue to be a major barrier to the widespread adoption of gene-editing technologies, particularly in developing regions, where healthcare resources are already constrained.

Global Gene Editing Market Future Outlook

Over the next five years, the global gene editing market is expected to see significant growth driven by advancements in gene-editing technologies like CRISPR and TALENs, increased funding for genetic research, and rising demand for gene therapies to treat genetic disorders. The market is also likely to expand due to the growing application of gene editing in agriculture, as companies develop genetically modified crops to improve yield and resistance to pests.

Market Opportunities

  • Expansion of Gene Editing in Agriculture and Biotechnology: Gene editing presents numerous opportunities in agriculture, particularly in improving crop traits such as yield, pest resistance, and environmental adaptability. Its applications in biotechnology extend beyond crops to include advancements in livestock breeding and sustainability practices. Governments and industries in several regions are increasingly supporting the integration of gene-editing technologies in agriculture, leading to a growing focus on innovation in this sector.
  • Development of Gene Therapies: Gene therapies are rapidly emerging as promising treatments for a range of inherited diseases. The growing number of clinical trials and regulatory approvals highlights the increasing interest in these therapies. With advancements in gene-editing technologies, the healthcare industry is poised to expand the use of gene therapies, particularly for conditions that currently have limited treatment options. As more gene therapies move through the research pipeline and into the market, the demand for gene-editing solutions continues to rise, offering substantial opportunities for growth in the medical field.

Scope of the Report

Technology

CRISPR-Cas9

TALENs

ZFNs

Other

Application

Therapeutics

Biotechnology

Agriculture

Industrial Biotechnology

End-User

Biotechnology & Pharmaceutical Companies

Academic & Research Institutes

CROs

Delivery Method

Viral Delivery

Non-Viral Delivery

Physical Delivery Methods

Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Products

Key Target Audience

  • Biopharmaceutical companies

  • Biotechnology firms

  • Genetic engineering startups

  • Agricultural biotechnology firms

  • Government and regulatory bodies (U.S. FDA, EMA)

  • Banks and Financial Institutions

  • Venture capital and investment firms

Companies

Major Players

  • CRISPR Therapeutics AG

  • Editas Medicine Inc.

  • Intellia Therapeutics Inc.

  • Precision Biosciences Inc.

  • Sangamo Therapeutics Inc.

  • Caribou Biosciences Inc.

  • Beam Therapeutics Inc.

  • Inscripta Inc.

  • Thermo Fisher Scientific Inc.

  • Horizon Discovery Group

  • Genscript Biotech Corporation

  • Merck KGaA

  • Cellectis SA

  • Lonza Group

  • Synthego Corporation

Table of Contents

1. Global Gene Editing Market Overview

1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview

2. Global Gene Editing Market Size (In USD Bn)

2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Key Market Developments and Milestones

3. Global Gene Editing Market Analysis

3.1. Growth Drivers
3.1.1. Advancements in CRISPR Technology
3.1.2. Rising Prevalence of Genetic Disorders
3.1.3. Increasing Investments in Genomic Research
3.1.4. Growth in Personalized Medicine
3.2. Market Challenges
3.2.1. Ethical Concerns Surrounding Genetic Manipulation
3.2.2. High Cost of Gene Editing Procedures
3.2.3. Regulatory Barriers in Different Regions
3.3. Opportunities
3.3.1. Expansion of Gene Editing in Agriculture and Biotechnology
3.3.2. Development of Gene Therapies
3.3.3. Collaborations and Partnerships in Biopharma
3.4. Trends
3.4.1. Increasing Adoption of CRISPR-Cas9 in Research
3.4.2. Rise in Gene Editing Applications in Healthcare
3.4.3. Growing Focus on Somatic Cell Editing
3.5. Government Regulations
3.5.1. U.S. FDA Regulations on Gene Therapies
3.5.2. European Union Gene Editing Regulations
3.5.3. Global Guidelines on Germline Editing
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Porters Five Forces
3.9. Competition Ecosystem

4. Global Gene Editing Market Segmentation

4.1. By Technology (In Value %)
4.1.1. CRISPR-Cas9
4.1.2. TALENs
4.1.3. Zinc Finger Nucleases (ZFNs)
4.1.4. Other Technologies
4.2. By Application (In Value %)
4.2.1. Therapeutics
4.2.2. Biotechnology
4.2.3. Agriculture
4.2.4. Industrial Biotechnology
4.3. By End-User (In Value %)
4.3.1. Biotechnology & Pharmaceutical Companies
4.3.2. Academic & Research Institutes
4.3.3. Contract Research Organizations (CROs)
4.4. By Delivery Method (In Value %)
4.4.1. Viral Delivery
4.4.2. Non-Viral Delivery
4.4.3. Physical Delivery Methods
4.5. By Region (In Value %)
4.5.1. North America
4.5.2. Europe
4.5.3. Asia Pacific
4.5.4. Latin America
4.5.5. Middle East & Africa

5. Global Gene Editing Market Competitive Analysis

5.1. Detailed Profiles of Major Companies
5.1.1. CRISPR Therapeutics AG
5.1.2. Editas Medicine Inc.
5.1.3. Intellia Therapeutics Inc.
5.1.4. Precision Biosciences Inc.
5.1.5. Sangamo Therapeutics Inc.
5.1.6. Caribou Biosciences Inc.
5.1.7. Beam Therapeutics Inc.
5.1.8. Inscripta Inc.
5.1.9. Thermo Fisher Scientific Inc.
5.1.10. Horizon Discovery Group
5.1.11. Genscript Biotech Corporation
5.1.12. Merck KGaA
5.1.13. Cellectis SA
5.1.14. Lonza Group
5.1.15. Synthego Corporation
5.2. Cross Comparison Parameters (Technology Focus, Market Cap, Innovation Rate, Revenue)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.7. Venture Capital Funding
5.8. Government Grants
5.9. Private Equity Investments

6. Global Gene Editing Market Regulatory Framework

6.1. FDA & EMA Approvals
6.2. CRISPR Ethical Standards
6.3. Human Genome Editing Guidelines
6.4. National Bioethics Regulations

7. Global Gene Editing Market Future Size (In USD Bn)

7.1. Future Market Size Projections
7.2. Key Factors Driving Future Market Growth

8. Global Gene Editing Market Future Segmentation

8.1. By Technology (In Value %)
8.2. By Application (In Value %)
8.3. By End-User (In Value %)
8.4. By Delivery Method (In Value %)
8.5. By Region (In Value %)

9. Global Gene Editing Market Analysts Recommendations

9.1. TAM/SAM/SOM Analysis
9.2. Customer Cohort Analysis
9.3. Marketing Initiatives
9.4. White Space Opportunity Analysis

Disclaimer

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Research Methodology

Step 1: Identification of Key Variables

The research began by mapping the ecosystem of the global gene editing market, identifying major stakeholders such as biotech firms, regulatory agencies, and research institutions. Extensive desk research was conducted using secondary databases to pinpoint critical variables that influence market growth, such as advancements in CRISPR-Cas9 technology and increased R&D funding.

Step 2: Market Analysis and Construction

Historical data was compiled and analyzed to assess the market penetration and revenue generated by gene editing technologies. The ratio of gene therapy applications to total biotech advancements was evaluated, allowing for accurate estimates of market growth. This process ensured the reliability of the market estimates.

Step 3: Hypothesis Validation and Expert Consultation

We validated our market assumptions through consultations with key industry experts, including senior scientists and R&D executives from leading biotech firms. These consultations provided crucial insights into the operational dynamics of the market, particularly in therapeutic applications and regulatory challenges.

Step 4: Research Synthesis and Final Output

In the final stage, direct engagement with gene therapy researchers was conducted to gain insights into clinical trials, product developments, and market demands. This process confirmed and complemented our bottom-up approach, ensuring that the report provided a comprehensive and accurate view of the global gene editing market.

Frequently Asked Questions

01. How big is the global gene editing market?

The global gene editing market is valued at USD 5.2 billion, driven by the adoption of technologies like CRISPR-Cas9 and a surge in gene therapy research. The market is expected to grow due to increasing demand for personalized medicine.

02. What are the challenges in the global gene editing market?

Challenges in global gene editing market include ethical concerns around genetic manipulation, regulatory barriers in different regions, and the high costs associated with gene editing technologies. These challenges hinder the broader adoption of gene editing in certain sectors.

03. Who are the major players in the global gene editing market?

Key players in the global gene editing market include CRISPR Therapeutics, Editas Medicine, Intellia Therapeutics, Sangamo Therapeutics, and Precision Biosciences. These companies dominate due to their cutting-edge technology, extensive R&D investments, and strategic partnerships.

04. What are the growth drivers of the global gene editing market?

The Global Gene Editing Market is propelled by advancements in gene-editing technologies, particularly CRISPR-Cas9, the increasing prevalence of genetic disorders, and growing research funding. The rising demand for gene therapies to treat rare diseases also contributes to market growth.

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