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CRISPR Technology - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5302857
Global CRISPR Technology Market to Reach $2.7 Billion by 2027

Amid the COVID-19 crisis, the global market for CRISPR Technology estimated at US$680.3 Million in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 21.8% over the period 2020-2027. Products, one of the segments analyzed in the report, is projected to record 21.1% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 22.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $203.2 Million, While China is Forecast to Grow at 21.4% CAGR

The CRISPR Technology market in the U.S. is estimated at US$203.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$474.7 Million by the year 2027 trailing a CAGR of 21.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.7% and 18.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.2% CAGR.

Select Competitors (Total 34 Featured):
  • Agilent Technologies
  • Cellecta, Inc.
  • GeneCopoeia, Inc.
  • GenScript
  • Horizon Discovery Group
  • Integrated DNA Technologies (IDT)
  • Merck KGaA
  • New England Biolabs
  • Origene Technologies, Inc.
  • Synthego Corporation
Frequently Asked Questions about the Global Market for CRISPR Technology

What is the estimated value of the Global Market for CRISPR Technology?

The Global Market for CRISPR Technology was estimated to be valued at $680.3 Million in 2020.

What is the growth rate of the Global Market for CRISPR Technology?

The growth rate of the Global Market for CRISPR Technology is 21.8%, with an estimated value of $2700 Million by 2027.

What is the forecasted size of the Global Market for CRISPR Technology?

The Global Market for CRISPR Technology is estimated to be worth $2700 Million by 2027.

Who are the key companies in the Global Market for CRISPR Technology?

Key companies in the Global Market for CRISPR Technology include Agilent Technologies, Cellecta, Inc., GeneCopoeia, Inc., GenScript, Horizon Discovery Group, Integrated DNA Technologies (IDT), Merck KGaA, New England Biolabs and Synthego Corporation.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • REST OF EUROPE
  • ASIA-PACIFIC
  • REST OF WORLD

IV. COMPETITION
  • Total Companies Profiled: 34

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Agilent Technologies
  • Cellecta, Inc.
  • GeneCopoeia, Inc.
  • GenScript
  • Horizon Discovery Group
  • Integrated DNA Technologies (IDT)
  • Merck KGaA
  • New England Biolabs
  • Origene Technologies, Inc.
  • Synthego Corporation