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Pulished Date April, 2021
ID: 2674
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North America Genome Editing Market Research Report - Segmented By Application, Technology, End User and Country (the United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact and Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 2674
Pages: 145

North America Genome Editing Market Size (2021 to 2026)

The North American Genome Editing Market size is forecasted to worth USD 3.25 billion by 2026 and USD 1.69 billion in 2021, growing at a CAGR of 13.98% during the forecast period.

Genome editing can be categorized based on whether they result in the loss of function or gain of function. In the former, functional forms of a genome are removed, and the effect is studied, and in the following new active ways of the genome are introduced, and the result is studied. Some common examples of genome editing are target validation, drug repurposing, studying modulators of gene transcription, and identifying lethal synthetic interactions.

MARKET DRIVERS:

The key drivers of the Genome Editing Market in North America include the development of gene therapy in the U.S. and increasing the use of GM crops. Other factors driving the market include the high incidence of Alzheimer’s disease, dementia, cancer, and infectious diseases. The market is also driven by the growing availability of research grants and funding and the numerous workshops and conferences held on genome editing standards.

The invention of a novel CRISPR gene-editing technique that enables the identification of the Sars-CoV-2 or COVID-19 indicates the North American gene editing market's rapid expansion. Due to increased R&D spending, increased government support for genomic research, technological advancements, and increased production of genetically modified crops, the genome editing market is currently experiencing significant growth. Over the last few years, the industry has been largely driven by increased deployment of CRISPR genome editing technology, growing synthetic gene demand in various biotechnology fields, and developing CRISPR-based new diagnostic tools to reduce the harmful impact of the COVID-19 pandemic.

Understanding the function of certain genes and processes in organ-specific stem cells, such as brain stem cells and spermatogonia stem cells. In the near future, the number of diseases and applications is anticipated to increase, widening the scope of genome editing. A significant driver predicted to drive the genome editing market in North America during the forecast period is an increase in drug research and development efforts and increased government initiatives to assist small and start-up firms in the biotechnology and life sciences industry.

MARKET RESTRAINTS:

Despite the numerous drivers, the market is hampered by concerns such as the ethicality of genome editing as brought up by human and animal rights activists. Additionally, the market is restrained by the matter of toxicity due to nucleases affecting non-target DNA sequences. Industry expansion is further hampered by a lack of public awareness in emerging nations and strict government regulations. The high cost of genomic equipment will limit the market's expansion. Medical staff being assigned to Covid-19 frontlines has resulted in a shortage of competent experts, which is expected to hamper the market’s growth. The general public has a negative view of gene editing. Several scientists have argued that genome editing should be restricted or banned. CRISPR genome editing may result in unexpected heritable genetic changes, which might pose long-term risks. These are the challenges faced by the North America Genome Editing Market.

This research report on the North America Genome Editing Market has been segmented and sub-segmented into the following categories:

By Application: 

  • Cell Line
  • Animal Genetic
  • Plant Genetic Engineering

By Technology: 

  • CRISPR
  • TALEN
  • ZFN
  • Antisense
  • Other Technologies

By End-User: 

  • Biotechnological & Pharmaceutical Companies
  • Academic and Government Research Institutes
  • Contract Research Organizations

By Country: 

  • The United States
  • Canada
  • Rest of North America

Regionally, the North American genome editing market is presently dominating the global market. The rising production of genetically modified crops is escalating the growth rate of the market in this region. The U.S. and Canada are significant countries contributing to the highest shares of the market. The dominance of the market in the region is due to the availability of strong research and a commercial base for advanced therapeutic development, as well as a large number of clinical trials being performed for gene and stem cell therapies in the region. The approval of Bacillus thuringiensis (Bt) crops for commercial production and distribution in countries such as the United States has been a major growth driver for the industry because of characteristics like longer shelf life and a high nutritional value. The growing number of patents issued to important businesses located in the United States has expedited using these tools in the country, resulting in considerable market growth. Merck KGaA, for instance, recently reported that two of its CRISPR gene-editing patents had been granted in the United States. For a few years, Canada has seen an increase in the number of research activities and technical achievements in gene editing. According to the findings, CRISPR/ Cas9 might be used to change a specific gene in nerve cells in the human brain, therefore decreasing the formation of beta-amyloid peptide, which is related to Alzheimer's disease.

The genome editing market in the U.S. is expected to record the highest growth rate over the coming years in North America due to heightened awareness of genetic diseases and the increasing prevalence of genetic disorders like cancer and Alzheimer’s. Also, the issues related to genome editing are being reduced are witnessing higher growth in the forecast period. Big agricultural and biotechnology companies invest in research and development, which is anticipated to grow the U.S. genome editing market. Rising incidents of infectious diseases and dementia are also boosting up the demand of the market.

The Canadian genome editing market was the second leading nation in the North American market in 2019, followed by the United States. The government of Canada focussed on gene editing tools,s which can develop desirable traits in animals and plants. Canada is in partnership with Health Canada, which orders the entry of modified animals into the environment. Also, the rising scale of research centers with advanced technology is fuelling the market's growth rate.

KEY MARKET PLAYERS:

A few of the noteworthy companies leading the North American Genome Editing Market profiled in this report 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.

  1. Introduction

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

  1. Research Methodology

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

  1. Overview

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemiology                             

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

  1. Market Segmentation

                5.1 Application                 

                                5.1.1 Introduction           

                                5.1.2 Cell Line Engineering           

                                5.1.3 Animal Genetic Engineering            

                                5.1.4 Plant Genetic Engineering

                                5.1.5 Y-o-Y Growth Analysis, By Application         

                                5.1.6 Market Attractiveness Analysis, By Application       

                                5.1.7 Market Share Analysis, By Application        

                5.2 Technology                 

                                5.3.1 Introduction           

                                5.3.2 CRISPR      

                                5.3.3 TALEN       

                                5.3.4 ZFN            

                                5.3.5 Antisense

                                5.3.6 Other Technologies             

                                5.3.7 Y-o-Y Growth Analysis, By Technology        

                                5.3.8 Market Attractiveness Analysis, By Technology      

                                5.3.9 Market Share Analysis, By Technology        

                5.3 End User                      

                                5.2.1 Introduction           

                                5.2.2 Biotechnological & Pharmaceutical Companies       

                                5.2.3 Academic and Government Research Institutes     

                                5.2.4 Contract Research Organizations   

                                5.2.5 Y-o-Y Growth Analysis, By End User             

                                5.2.6 Market Attractiveness Analysis, By End User           

                                5.2.7 Market Share Analysis, By End User             

  1. Geographical Analysis

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Application

                                                6.1.3.3 By Technology

                                                6.1.3.4 By End User

                                6.1.4 Market Attractiveness Analysis      

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Application

                                                6.1.4.3 By Technology

                                                6.1.4.4 By End User

                                6.1.5 Market Share Analysis       

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Application

                                                6.1.5.3 By Technology

                                                6.1.5.4 By End User

                6.2 United States                            

                6.3 Canada                         

  1. Strategic Analysis

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five Analysis                             

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

  1. Market Leaders' Analysis

                8.1 Thermo Fisher Scientific                        

                                8.1.1 Overview 

                                8.1.2 Application Analysis            

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Merck KGAA                              

                8.3 Horizon Discovery Group Plc                               

                8.4 Genscript Biotech Corporation                           

                8.5 Sangamo Biosciences                             

                8.6 Integrated DNA Technologies                            

                8.7 Lonza Group Ltd                       

                8.8 New England Biolabs                              

                8.9 Origene Technologies                            

                8.10 Transposagen Biopharmaceuticals                 

  1. Competitive Landscape

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

  1. Market Outlook and Investment Opportunities

Appendix                                           

  1. a) List of Tables
  2. b) List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Genome Editing Market, By Application, From 2021 to 2026 (USD Billion)
  2. North America Cell Line Engineering Market, By Region, From 2021 to 2026 (USD Billion)
  3. North America Animal Genetic Engineering Market, By Region, From 2021 to 2026 (USD Billion)
  4. North America Plant Genetic Engineering Market, By Region, From 2021 to 2026 (USD Billion)
  5. North America Genome Editing Market, By Technology, From 2021 to 2026 (USD Billion)
  6. North America CRISPR Market, By Region, From 2021 to 2026 (USD Billion)
  7. North America TALEN Market, By Region, From 2021 to 2026 (USD Billion)
  8. North America ZFN Market, By Region, From 2021 to 2026 (USD Billion)
  9. North America Antisense Market, By Region, From 2021 to 2026 (USD Billion)
  10. North America Other Technologies Market, By Region, From 2021 to 2026 (USD Billion)
  11. North America Genome Editing Market, By End User, From 2021 to 2026 (USD Billion)
  12. North America Biotechnological & Pharmaceutical Companies Market, By Region, From 2021 to 2026 (USD Billion)
  13. North America Academic and Government Research Institutes Market, By Region, From 2021 to 2026 (USD Billion)
  14. North America Contract Research Organizations Market, By Region, From 2021 to 2026 (USD Billion)
  15. United States Genome Editing Market, By Application, From 2021 to 2026 (USD Billion)
  16. United States Genome Editing Market, By Technology, From 2021 to 2026 (USD Billion)
  17. United States Genome Editing Market, By End User, From 2021 to 2026 (USD Billion)
  18. Canada Genome Editing Market, By Application, From 2021 to 2026 (USD Billion)
  19. Canada Genome Editing Market, By Technology, From 2021 to 2026 (USD Billion)
  20. Canada Genome Editing Market, By End User, From 2021 to 2026 (USD Billion)

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