Gene editing or Genome editing is a type of genetic engineering where a DNA is inserted, deleted or replaced in the genome of an organism to treat a particular disease. Genes control heredity and provide the basic biological code to determine the specific function of a cell. It is a synthetic modification of chromosomal DNA by using molecular scissors. Cells have a unique mechanism to protect themselves from attack from viruses, fungi and bacteria. Inside each cell lies a group of special proteins, called restriction enzymes. Restriction enzymes cut the DNA of a foreign organism into pieces before it has a chance to damage the cell. These enzymes are just like scissors or termed as molecular scissors.
Gene Editing Market Growth Influencer:
Gene Editing Marketdrivers includes: Increased R&D expenditure and growth of biotechnology and pharmaceutical industries, increased funding for genomics research, increasing demand for synthetic genes, global rise in production of genetically modified crops and technological advancements.
The restraints of the Gene editing market is strict regulatory policies and adverse public perception related to genetic research.
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Gene Editing Market Key Players:
- GenScript USA Inc. (U.S.),
- Horizon Discovery Group plc (U.K.),
- Integrated DNA Technologies, Inc. (U.S.),
- Lonza Group Ltd. (Switzerland),
- New England Biolabs, Inc. (U.S.),
- OriGene Technologies, Inc. (U.S.),
- Sangamo Biosciences, Inc. (U.S.),
- Sigma-Aldrich Corporation (U.S.)
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Gene Editing Market Segmentation:
The gene editing market can be segmented,
- On the basis of Methods: Crispr, Talen, ZFN, and Antisense Technology
- On the basis of Applications: Cell Line Engineering, Animal Genetic Engineering and Plant Genetic Engineering.
- On the basis of End-Users: Biotechnology and Pharmaceutical Companies, Academic and Government Research Institutes and Contract Research Organizations (CROs)
Gene Editing Market Regional Analysis
The gene editing market is dominated by North America due to the strong growth trend in the pharmaceuticals and biotechnology industries and is followed by Europe.
The Asian region is showing good opportunities in Gene editing market due to the expansion of leading genome editing companies and increased R&D spending.
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