Europe Genome Editing Market Share, Size, Growth & Forecast 2023
Overview:
In the year 2018, Europe Genome Editing Market was valued at USD 0.89 Billion. By the year 2023, it is expected to reach USD 1.73 Billion at pace of 14.13% CAGR.
Genome editing is a way of making specific changes to the DNA of a cell or organism. An enzyme cuts the DNA at a specific sequence, and when this is repaired by the cell a change or edit is made to the sequence. The various applications used in the genome editing are CRISPR, TALEN, ZFN, Antisense and other technologies.
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Underlying Causes
The growth for Genome Editing Market is driven due to factors like increasing use of genome technology in medical sciences to cure or treat diseases and alteration of pathogen targets in the host, growing usage of genetically modified crops, technological advancements, increasing investments for R&D activities by government and private organizations. In addition, ability of genome editing therapies to provide a noteworthy improvement to healthcare services, and genome editing improves efficacy and reduce side effects of disease treatment is expected to drive the market growth. However, high costs associated with genome editing, stringent government policies and ethical concerns regarding genome editing is expected to hinder the growth rate for Europe Genome Editing Market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-genome-editing-market-2790/
Geographic Segmentation:
Based on geography the Europe Genome Editing Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe holds the second largest market share in the Genome Editing market during the forecast period.
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Key Players:
Leading companies for Europe Genome Editing Market are Thermo Fisher Scientific, Merck KGAA, Horizon Discovery Group Plc, Genscript Biotech Corporation, Sangamo Biosciences, Integrated DNA Technologies, Lonza Group Ltd, New England Biolabs, Origene Technologies, and Transposagen Biopharmaceuticals.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626
In the year 2018, Europe Genome Editing Market was valued at USD 0.89 Billion. By the year 2023, it is expected to reach USD 1.73 Billion at pace of 14.13% CAGR.
Genome editing is a way of making specific changes to the DNA of a cell or organism. An enzyme cuts the DNA at a specific sequence, and when this is repaired by the cell a change or edit is made to the sequence. The various applications used in the genome editing are CRISPR, TALEN, ZFN, Antisense and other technologies.
View sample and decide: https://www.marketdataforecast.com/market-reports/europe-genome-editing-market-2790/request-sample
Underlying Causes
The growth for Genome Editing Market is driven due to factors like increasing use of genome technology in medical sciences to cure or treat diseases and alteration of pathogen targets in the host, growing usage of genetically modified crops, technological advancements, increasing investments for R&D activities by government and private organizations. In addition, ability of genome editing therapies to provide a noteworthy improvement to healthcare services, and genome editing improves efficacy and reduce side effects of disease treatment is expected to drive the market growth. However, high costs associated with genome editing, stringent government policies and ethical concerns regarding genome editing is expected to hinder the growth rate for Europe Genome Editing Market during the forecast period.
To know more read: https://www.marketdataforecast.com/market-reports/europe-genome-editing-market-2790/
Geographic Segmentation:
Based on geography the Europe Genome Editing Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe holds the second largest market share in the Genome Editing market during the forecast period.
Get your customized report: https://www.marketdataforecast.com/market-reports/europe-genome-editing-market-2790/customize-report
Key Players:
Leading companies for Europe Genome Editing Market are Thermo Fisher Scientific, Merck KGAA, Horizon Discovery Group Plc, Genscript Biotech Corporation, Sangamo Biosciences, Integrated DNA Technologies, Lonza Group Ltd, New England Biolabs, Origene Technologies, and Transposagen Biopharmaceuticals.
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.
Phone: +1-888-702-9626