Genetic Engineering Market Size & Share, Growth, Analysis, prediction research report and forecast to 2020-2027
Genetic engineering or genetic modification is the manipulation of genes in an organism for enhancing its abilities. Genetic engineering is generally used by biotechnology and pharmaceutical companies, and clinical research organizations and is extensively used to treat cancer and other infectious disease.
The global genetic engineering market is presumed to expand at 14.5 % CAGR during the forecast period owing to the growing technologies for gene therapy, asserts Market Research Future (MRFR).
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Regional Insights
Geographically, the genetic engineering market span across regions namely, Europe, America, Asia Pacific, and the Middle East and Africa.
The European market is expected to register a substantial growth rate and is anticipated to catch up with America soon owing to the extensive R&D in the field of genetic engineering and biotechnology. Also, the demand for genetically modified organisms is estimated to foster the market growth.
Among all the regions, America is presumed to dominate the global market during the review period owing to the growing use of genetic engineering in gene therapy, neurological disorders such as dementia and Alzheimer’s, and prevalence of cancer.
The Asia Pacific market is estimated to register a steady growth during the review period owing to the growing geriatric population and prevalence of infectious diseases in countries such as China, Singapore, and Japan.
Genetic Engineering Market Players
- Thermo Fisher Scientific, Inc.
- Cibus, Recombinetics, Inc.
- Sangamo
- Merck KGaA
- Lonza
- Precision Biosciences
- OriGene Technologies, Inc.
- Intellia Therapeutics, Inc.
- Caribou Biosciences, Inc.
- CRISPR Therapeutics
- AstraZeneca
- Horizon Discovery Group plc
- Takara Bio USA
- Egenesis Inc.
- Editas Medicine
- Integrated DNA Technologies, Inc.
among others are some key companies in the global Genetic Engineering that are listed by MRFR for market research.
The global genetic engineering market has been segmented on the basis of
- Devices
- Product
- Application
- Techniques
- End-users
- Region
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Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
TOC Continued…
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