CRISPR & Cas Genes Market (By Product and Services; By Application: Agricultural and Biomedical; End-User: Contract Research Organizations (CROs), Academics & Government Research Institutes and Biotechnology & Pharmaceutical Companies) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2023 - 2032

According to Precedence Research, the global CRISPR & Cas genes market is poised to reach a value of around USD 14.65 billion by 2032 and is predicted to register a compound annual growth rate (CAGR) of around 19% during the period 2023 to 2032.

CRISPR and Cas Genes Market Size 2023 to 2032

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Growth Factors

Escalating private and government spending for enhancement of innovative therapies is tremendously fuelling the growth of CRISPR and Cas genes market. Cumulative focus on development of innovative therapeutics on account of emergent pervasiveness of different genetic ailments and cancer is key influence projected to stimulate the progress of CRISPR and Cas genes marketplace during years to come. Further high-tech progressions in CRISPR sector are also estimated to propel demand in the target market during forthcoming years.

Additionally, intensifying studies and research regarding CAS and CRISPR gene technology by different researchers across the world are further pushing revenue growth in this market arena. Besides, at present, numerous organizations are also concentrating on introducing novel clinical trials for the Cas and CRISPR gene for cancer treatment. For occurrence, CRISPR Therapeutics and Vertex introduced the pioneering in-human clinical trial of CRISPR genome editing technology which was subsidized by the U.S. companies in 2021.

Application Insights

Among different application segment assessed in this research study, biomedical application occupied more than 90% share of the total market in 2022. This tremendous revenue chunk is attributable to amplified practice of CRISPR in biomedical research. There is a substantial escalation in the number of research studies engaging this method for editing genomes of induced pluripotent stem cells and human somatic cells. Furthermore, introduction of better-quality delivery systems and employment of nano-carriers have suggestively enriched the effectiveness and specificity of CRISPR and Cas technology across the biomedical sector.

Product Insights

In terms of revenue, product segment ruled the global market with stake of more than 75% of the total market in 2022. Some of the crucial factors supporting this growth include constant growth of engineered enzymes and amalgamation of diverse enzymes, like Cas12a and Cas9. This is due to engineered enzymes deliver more flexibility in experiments, and henceforth is progressively being implemented by researchers.

End-user Insights

The biotechnology and pharmaceutical companies division occupied for the biggest share of the total market revenue. Impending clinical applications of CRISPR-Cas9 have fortified pharmaceutical start-ups to advance products using CRISPR-mediated gene-editing methods. Furthermore, the industry has perceived mergers among protruding and evolving companies with CRISPR-based services and product portfolios.

Regional Insights

CRISPR and Cas genes market in North America accounted for noteworthy revenue stake compared with markets in other regions, in 2022. Extraordinary implementation of advance technologies together with existence of foremost companies in market is estimated to boost development of North America CRISPR and cas genes industry. Besides, advantageous government initiatives and an upsurge in the numeral of research collaboration are certain factors anticipated to up turn the market growth. U.S. has the prevalent revenue contribution on account of reassuring healthcare policies, established healthcare sector and the high prevalence of chronic illnesses.

Asia Pacific is expected to observer the firmest development over the prediction period. China grasps a noteworthy place in the global CRISPR market arena and is progressively discovering genome-editing for the improvement of medicines. It has introduced numerous CRISPER-based clinical trials, particularly for treatment of cancer.At present, China hosts the prevalent number of clinical trials including CRISPR technology across the globe.Further, it holds more than 858 publicly accessible CRISPR patent applications, particularly in agricultural and other sectors. Furthermore, more than 20 research groups practice these molecular tools for crop variation to advance agricultural productivity in China.  In turn, these influences are projected to lift the progression of the market in Asia Pacific.

Key Companies & Market Share Insights

Noticeable marketplace performers in this sector involve Integrated DNA Technologies, Addgene, and Thermo Fisher Scientific among others. A robust distribution network worldwide, extensive product assortment of CRISPR plasmids, and partnership with research institutes are few vital strategies expanding the revenue stake of these corporations in the global marketplace.

Numerous enterprises are converging on alliances to carry out research and development for treatment of numerous diseases including AIDS, cancer, genetic diseases and others. For example, in 2021, Bayer AG which is a CRISPR therapeutics and pharmaceutical company and established Casebia Therapeutics, collaborated for cooperative research project to determine, cultivate and commercialize innovative therapeutics to treat blindness, blood disorders, and congenital heart illness.

Noteworthy market participants competing in this market arena are as follows:

  • Caribou Biosciences, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Cellectis
  • AstraZeneca
  • Editas Medicine, Inc.
  • Addgene
  • Egenesis
  • Horizon Discovery Group Plc
  • Intellia Therapeutics, Inc.
  • Genscrip
  • Danaher Corporation
  • Lonza
  • Merck KGaA
  • Synthego
  • Mammoth Biosciences
  • Inscripta, Inc.
  • Cibus
  • New England BioLabs
  • Takara Bio, Inc.

Report Scope of the CRISPR & Cas Genes Market

Report Highlights Details
Market Size USD 14.65 Billion by 2032
Growth Rate CAGR of 19% from 2023 to 2032
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2030
Segments Covered Product & Services, Application, End User, Region
Companies Mentioned Caribou Biosciences, Inc., Editas Thermo Fisher Scientific, Takara Bio Inc, OriGene Technologies, Inc., Merck KGaA, Horizon Discovery Ltd., Addgene, Medicine, Crispr Therapeutics, and Mirus Bio LLC


Segments Covered in the Report

This research study comprises comprehensive assessment of the marketplace revenue with the help of prevalent quantitative and qualitative acumens, and forecasts of the market. This report presents breakdown of market into major and niche segments. Furthermore, this research study gauges market revenue growth and its drift at global, regional, and country from 2020 to 2032. This report includes market division and its revenue assessment by categorizing it depending on product & service, application, end-user and region as follows:

By Product & Service

  • By Service
    • Microbial Gene Editing
    • Cell Line Engineering
    • gRNA Design
    • DNA Synthesis
  • By Product
    • Design Tool
    • Kits & Enzymes
    • Libraries
    • Antibodies
    • Others

By Application

  • Agricultural
  • Biomedical
    • Functional Genomics
    • Genome Engineering
    • Disease Model Studies
    • Epigenetics
    • Others

End-use Outlook

    • Contract Research Organizations (CROs),
    • Academics & Government Research Institutes
    • Biotechnology & Pharmaceutical Companies

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East & Africa
  • Latin America

Frequently Asked Questions

What is the current size of the global CRISPR & Cas genes market?
The global CRISPR & Cas genes market value is projected to reach around US$ 14.65 billion by 2032.
What is the CRISPR & Cas genes market growth?
The global CRISPR & Cas genes market is expected to grow at a CAGR of 19% from forecast period 2023 to 2032.
Which factor contributing the CRISPR & Cas genes market growth?
Progressions in the arena of genome editing have eased augmented adoption of CRISPR-Cas systems in diagnostics and in the valuation of evolutionary study in prokaryotes. This method is precisely utilized to comprehend the evolution of bacteria. Government organizations across the world have stimulated spending for genome editing developments thereby offering alluring growth prospects for global CRISPR and Cas genes market growth.
Which region accounted largest market share in the CRISPR & Cas genes market?
In 2022, North America conquered the whole CRISPR and Cas genes sector on account of reasons including occurrence of key companies, snowballing finance in genomics and biotechnology programs, and proven healthcare infrastructure among others.
Who are the top key players of CRISPR & Cas genes market?
Particular players contending in this industry are Caribou Biosciences, Inc., Editas Thermo Fisher Scientific, Takara Bio Inc, OriGene Technologies, Inc., Merck KGaA, Horizon Discovery Ltd., Addgene, Medicine, Crispr Therapeutics, and Mirus Bio LLC amongst others.
Which segment accounted for the largest CRISPR & Cas genes market share?
The biotechnology and pharmaceutical companies division occupied for the biggest share of the total market revenue.


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