Market Overview

The Global CRISPR Technology Market was valued at USD 3,226.7 million in 2023 and is expected to reach USD 13,772.9 million by 2031 while growing at a CAGR of 19.9% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global CRISPR technology market growth. CRISPR technology, short for Clustered Regularly Interspaced Short Palindromic Repeats, is a groundbreaking gene-editing tool derived from the natural defense mechanisms of bacteria and archaea. It utilizes the Cas9 protein as molecular scissors and a guide RNA to achieve precise DNA modification in organisms.

Advancement in CRISPR technology and ongoing research drive market growth, with a surge in interest in gene editing. Despite this, obstacles like ethical concerns, regulatory challenges, and intellectual property rights may hinder market expansion.

Furthermore, the global CRISPR technology industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global CRISPR Technology Market is segmented among Enzymes, Kits and Reagents, Guide RNA, and Other Products, based on Product. In 2023, Enzymes accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global CRISPR Technology Market is segmented among Biomedical, Agricultural, Industrial, and Other Applications, based on Application. In 2023, Biomedical accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global CRISPR Technology Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Agilent Technologies, Cellecta Inc., GeneCopoeia Inc., GenScript, PerkinElmer Inc. (Horizon Discovery Group), Danaher Corporation (Integrated DNA Technologies (IDT)), Merck KGaA, New England Biolabs, Origene Technologies Inc., and Thermo Fisher Scientific.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global CRISPR Technology Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global CRISPR Technology Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global CRISPR Technology Market Segmentation, By Product

• Global CRISPR Technology Market Share Analysis, By Product

• Global CRISPR Technology Market Growth Analysis, By Product

• Global CRISPR Technology Market Trends, By Product

o Enzymes

o Kits and Reagents

o Guide RNA

o Other Products

6. Global CRISPR Technology Market Segmentation, By Application

• Global CRISPR Technology Market Share Analysis, By Application

• Global CRISPR Technology Market Growth Analysis, By Application

• Global CRISPR Technology Market Trends, By Application

o Biomedical

o Agricultural

o Industrial

o Other Applications

7. Global CRISPR Technology Market Segmentation, By End-user

• Global CRISPR Technology Market Share Analysis, By End-user

• Global CRISPR Technology Market Growth Analysis, By End-user

• Global CRISPR Technology Market Trends, By End-user

o Pharmaceutical Companies and Biotechnology Companies

o Academics and Government Research Institutes

o Other End-users (CROs, etc.)

8. Global CRISPR Technology Market Segmentation, By Region

• Global CRISPR Technology Market Share Analysis, By Region

• Global CRISPR Technology Market Growth Analysis, By Region

• Global CRISPR Technology Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Agilent Technologies*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Cellecta Inc.

• GeneCopoeia Inc.

• GenScript

• PerkinElmer Inc. (Horizon Discovery Group)

• Danaher Corporation (Integrated DNA Technologies (IDT))

• Merck KGaA

• New England Biolabs

• Origene Technologies Inc.

• Thermo Fisher Scientific

 *Similar analysis will be provided for each company listed above.