Global CRISPR Market : Market Analysis by Knowledge Sourcing Intelligence
T he global CRISPR market was valued at US$551.242 million in 2017 and is expected to grow at a CAGR of 33.26% to reach a total market size of US$3,086.697 million in 2023. CRISPR is one of the most popular tools for genome editing or engineering. This method utilizes a modified bacterial protein and RNA to facilitate DNA sequences alteration and gene function modification. Unparalleled control over genes offered by this tool has been increasing its popularity among researchers. Ongoing research in rare and orphan diseases and huge investments being pumped by market players into them are boosting the growth of the market. However, ethical concerns associated with genome editing have been restraining the market growth to some extent. Global CRISPR market by Geography : T he global CRISPR market was valued at US$ 551.242 million in 2017 and is expected to grow at a CAGR of 33.26% to reach a total market size of US$ 3 , 086.697 million in 2023. CRISPR is...