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Genome Editing Global Market to Grow 31.1% by 2022 - Increased R&D Expenditure in Biotechnology & Pharmaceutical Industries - Research and MarketsResearch and Markets has announced the addition of the "Genome Editing Global Market-Forecast to 2022" report to their offering. This report studies the genome editing global market over the forecast period 2015 to 2022 and the market is expected to grow at a CAGR of 31.1%. Increased R&D expenditure and growth of biotechnology and pharmaceutical industries, increasing private and public sector funding, rapid advancements in sequencing and gene editing technologies, non-labeling of gene-edited products as Genetically Modified Organisms (GMOs), applications in various drug discovery processes are some of the factors driving the genome editing global market growth. Factors such as stringent regulatory framework, ethical issues concerning editing human embryo and adverse public perception, unavailability of gene-editing based therapeutics in the market, off-target effects of CRISPR and patent disputes associated with CRISPR technology are hampering the market growth. North America dominated the genome editing market with the largest shre which is driven by factors such as increasing awareness of technology, proximity of companies, and early adoption of latest treatments. The Asian market is expected to occupy second place due increasing government funding of research, economic prosperity, early adoption of latest technology and the relaxed regulatory environment. The European market is expected to be third largest market, growing at a lower rate mainly due to the stringent regulatory environment and slow growth due to the economic crisis. Companies Mentioned:
Key Topics Covered: 1 Executive Summary 2 Introduction 3 Market Overview 4 Genome Editing Global Market, By Technology 5 Genome Editing Global Market, By Application 6 Genome Editing Global Market, By Products And Services 7 Genome Editing Global Market, By End Users 8 Genome Editing Global Market, By Region 9 Competitive Landscape 10 Major Companies For more information about this report visit http://www.researchandmarkets.com/research/7r73wl/genome_editing View source version on businesswire.com: http://www.businesswire.com/news/home/20160922005954/en/ |
