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    Gene Editing Market

    ID: MRFR/LS/0236-CR
    128 Pages
    Rahul Gotadki
    June 2024

    Gene Editing Market Research Report Information by Technology (CRISPR, TALEN, ZFN, Antisense, and others), Application (Genetic Engineering, Gene Therapy, Cell Line Engineering, and Others), Method (Ex-vivo and In-vivo), End User (Biotechnology and Pharmaceutical Companies, Contract Research Organizations (CROs), and Academic & Government Research Institutes) and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2032

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    Gene Editing Market Research Report — Global Forecast till 2032 Infographic
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    Gene Editing Market Summary

    The Global Gene Editing Market is projected to experience substantial growth from 8.69 USD Billion in 2024 to 70.4 USD Billion by 2035.

    Key Market Trends & Highlights

    Gene Editing Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate (CAGR) of 20.95% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 70.4 USD Billion, indicating robust expansion.
    • In 2024, the market is valued at 8.69 USD Billion, reflecting the current demand for gene editing technologies.
    • Growing adoption of gene editing due to advancements in biotechnology is a major market driver.

    Market Size & Forecast

    2024 Market Size 8.69 (USD Billion)
    2035 Market Size 70.4 (USD Billion)
    CAGR (2025-2035) 20.95%

    Major Players

    GE Healthcare (US), Thermo Fisher Scientific Inc (US), Bio-Rad Laboratories, Inc (US), Lonza (Switzerland), GenScript (US), Horizon Discovery Ltd (UK), OriGene Technologies, Inc (US), Integrated DNA Technologies, Inc (US), New England Biolabs, Inc (US), Sangamo Therapeutics (US)

    Gene Editing Market Trends

      • Growing number of Strategic initiatives

    Genomic editing refers to the strategies and techniques used to modify the genetic information of any living organism. Genome editing involves the modification of genes in multiple locations using recombinant technology, which increases insertion precision and decreases cell toxicity. It is a collection of technologies that allow scientists to alter an organism's DNA. These technologies enable adding, deleting, or modifying genetic material at specific locations within the genome.

    Rise in the number of strategic initiatives in the form of mergers, acquisitions, product approval, collaborations, and partnerships among the players to gain a competitive edge and offer advanced treatment options for genomic editing is the major factor drive the growth of market. 

    For instance, in April 2022, Thermo Fisher Scientific (US) launched a new GMP-manufactured Gibco CTS TrueCut Cas9 Protein, as high-quality auxiliary materials and documentation are essential, as researchers using genome editing techniques transition from basic research to therapeutic settings. Gibco CTS TrueCut Cas9 Protein is an attractive option for CAR T-cell therapy research employing CRISPR-Cas9 genome editing since it consistently achieves high editing efficiency in all studied cell lines and better than 90% efficiency in human primary T-cells.

    Similarly, in February 2022, Intellia Therapeutics, Inc. (US) and Regeneron Pharmaceuticals, Inc. (US) announced the positive interim data from an ongoing Phase I clinical study of their lead in vivo genome editing candidate, NTLA-2001 (Investigational Crispr Therapy for Transthyretin (Attr) Amyloidosis). 

    Moreover, in February 2022, GenScript Biotech Corporation (US) launched its new CRISPR Genome Editing Cell Line Engineering Service, which enables scientists to create custom cell lines for research and therapeutic applications. The service utilizes GenScript's proprietary CRISPR/Cas9 technology and experienced team of scientists to deliver precise and efficient genome editing. Additionally, it will also expand the company’s position and its commitment to delivering therapeutic applications across the world.

    The ongoing advancements in gene editing technologies are poised to revolutionize therapeutic approaches, potentially addressing previously untreatable genetic disorders and enhancing agricultural productivity.

    U.S. National Institutes of Health (NIH)

    Gene Editing Market Drivers

    Market Growth Projections

    The Global Gene Editing Market Industry is projected to experience remarkable growth, with estimates indicating a rise from 8.69 USD Billion in 2024 to 70.4 USD Billion by 2035. This trajectory reflects a compound annual growth rate of 20.95% from 2025 to 2035, driven by advancements in technology, increasing applications across sectors, and supportive regulatory environments. The market's expansion is indicative of the transformative potential of gene editing in healthcare, agriculture, and biotechnology. As research continues to unveil new possibilities, the industry is likely to attract further investment and innovation, solidifying its position as a key player in the global economy.

    Public Awareness and Acceptance

    Public awareness and acceptance of gene editing technologies are crucial drivers for the Global Gene Editing Market Industry. As educational initiatives and media coverage increase, the general population becomes more informed about the benefits and risks associated with gene editing. This growing understanding can lead to greater acceptance of gene therapies and genetically modified organisms in agriculture. Consequently, as public sentiment shifts favorably, it may encourage policymakers to support gene editing initiatives. This acceptance is vital for the market's expansion, as it influences funding, research priorities, and the adoption of innovative solutions across various sectors.

    Regulatory Support and Frameworks

    Regulatory support plays a pivotal role in shaping the Global Gene Editing Market Industry. Governments worldwide are establishing frameworks to facilitate the safe and ethical use of gene editing technologies. Initiatives aimed at streamlining approval processes for gene therapies and agricultural applications are gaining momentum. This supportive regulatory environment encourages investment and innovation, fostering public trust in gene editing solutions. As regulations evolve, they are likely to enhance the market's growth trajectory, enabling researchers and companies to bring novel products to market more efficiently. The alignment of regulatory policies with scientific advancements is essential for the sustainable development of the industry.

    Growing Applications in Agriculture

    The Global Gene Editing Market Industry is significantly influenced by the increasing applications of gene editing in agriculture. Techniques such as CRISPR are being utilized to develop crops with enhanced traits, including disease resistance and improved yield. This trend is particularly relevant in addressing global food security challenges. For example, gene-edited crops can potentially reduce reliance on chemical pesticides, promoting sustainable farming practices. As the agricultural sector embraces these innovations, the market is poised for substantial growth, contributing to the projected increase to 70.4 USD Billion by 2035. This evolution highlights the intersection of technology and sustainability in food production.

    Rising Demand for Precision Medicine

    The Global Gene Editing Market Industry experiences a surge in demand for precision medicine, which tailors treatments to individual genetic profiles. This trend is driven by advancements in gene editing technologies, such as CRISPR, that enable targeted therapies for genetic disorders. As healthcare systems increasingly adopt personalized approaches, the market is projected to reach 8.69 USD Billion in 2024. The integration of gene editing into clinical practices suggests a paradigm shift in treatment methodologies, potentially improving patient outcomes and reducing healthcare costs. This shift underscores the growing importance of genetic research and its applications in developing effective therapies.

    Increased Investment in Biotechnology

    Investment in biotechnology is a crucial driver for the Global Gene Editing Market Industry. Governments and private sectors are channeling substantial funds into research and development, fostering innovation in gene editing technologies. For instance, funding initiatives from national health organizations aim to accelerate the development of gene therapies. This influx of capital not only enhances technological capabilities but also expands the scope of applications, from agriculture to medicine. As a result, the market is expected to witness a compound annual growth rate of 20.95% from 2025 to 2035, reflecting the growing confidence in the potential of gene editing to revolutionize various sectors.

    Market Segment Insights

    Gene Editing Technology Insights

    By Technology the market is classified into CRISPR, TALEN, ZFN, antisense, and others. The CRISPR segment held the majority share in 2022 in the Gene editing Market revenue due to its wide range of applications in vivo to fix the target gene and ex vivo to rewire & redirect cells for genetic diseases and immuno-oncology

    . Furthermore, the increasing number of applications for CRISPR technology an rise in adoption key strategies by major players is expected to drive demand for gene editing over the forecast period. For instance, in 2024, Drug discovery company IRBM (Rome) has signed a non-exclusive agreement granting access to ERS Genomics’ CRISPR/Cas9 patent portfolio. The Italian CRO offers expertise ranging from target validation and hit finding to preclinical candidate nomination across various therapeutic areas, including oncology, infectious diseases and neuroscience.

    The company has contributed to the discovery and development of four marketed therapeutics for HIV, HCV, ovarian cancer and cutaneous T-cell lymphoma.

    Gene Editing Application Insights

    By application the market is classified into

    and clinical application. The genetic engineering segment has dominated the market in 2023, as it allows scientists to directly manipulate the genetic material of an organism to achieve desired traits or characteristics. This technology offers a precise and efficient way to edit genes, which can lead to advancements in agriculture, medicine, and other industries.

    Gene Editing Method Insights

    Based on Type, the Gene Editing Market is bifurcated into Ex-vivo and In-Vivo products. The in vivo segment has dominated the market in 2023, due to their ability to directly deliver genetic editing tools into living organisms, allowing for targeted and efficient gene editing. This method has gained popularity in recent years as it offers several advantages over traditional methods such as ex vivo delivery. Additionally, In vivo delivery methods are being used in a wide range of applications, including gene therapy, drug development, and agricultural biotechnology.

    These methods are particularly valuable in the field of gene therapy, where they have shown promising results in treating various genetic disorders such as cystic fibrosis, sickle cell anemia, and muscular dystrophy. Overall, the increasing adoption of in vivo delivery methods is driving the growth of the genetic editing market by providing more effective and efficient ways to edit genes in living organisms.

    By end user, the market is bifurcated into biotechnology and pharmaceutical companies, contract research organizations (CROs), and academic & government research institutes. The biotechnology and pharmaceutical companies’ segment have dominated the market in 2023 and is projected to be the fastest-growing segment during the forecast period, 2024-2032. This is due to the increase in funding for gene editing for the development of therapeutic products.

    Some major companies that raised funding for gene editing platform include Beam Therapeutics (US), which raised USD 135 million on March 2019, Graphite Bio (US), which raised USD 195 million in March 2021, and Caribou Biosciences (US), which raised USD 169 million in March 2021.

    Furthermore, in September 2022, Integrated DNA Technologies Inc (US) expands customization options for Alt-R Custom CRISPR gRNA Libraries for drug discovery. This expansion allows researchers to quickly assess new therapeutic options.

    Get more detailed insights about Gene Editing Market Research Report — Global Forecast till 2032

    Key Players and Competitive Insights

    The key market players in the gene editing industry include companies like Bio-Rad Laboratories, Inc, Lonza GenScript, Sangamo Therapeutics, and Thermo Fisher Scientific. These companies are at the forefront of developing cutting-edge gene-editing technologies and are continuously investing in research and development to expand their product offerings and market reach.

    The gene editing market is highly competitive, with a growing number of players entering the space and large investments being made in developing new and innovative gene-editing technologies. Additionally, partnerships and collaborations between industry players and academic institutions are becoming increasingly common, driving further innovation in the field. For instance, in November 2021, GenScript launched the GenWand Double-Stranded DNA (dsDNA) service for the manufacture of CRISPR knock-in homology-directed repair (HDR) templates in T-cell engineering.

    companies in the gene editing industry are also focused on obtaining regulatory approvals for their products and expanding their presence in key markets worldwide. The competition is intense, with players vying for market share and striving to differentiate themselves through technological advancements, strategic partnerships, and strong intellectual property portfolios.

    Overall, the gene editing market is dynamic and rapidly evolving, with key players working tirelessly to stay ahead of the curve and shape the future of gene editing technologies.

    Key Companies in the Gene Editing Market market include

    Industry Developments

    Korean-based biotechnology company GenKOre, Inc. specializes in hypercompact CRISPR-Cas tools and has entered into a strategic collaboration for developing gene-editing therapeutics in vivo. It relied on GenKOre’s TaRGET platform and its proprietary CRISPR-Cas technology.

    The Therapeutic Oligonucleotide Manufacturing facility at Coralville, Iowa, was announced as completed by Integrated DNA Technologies (IDT), one of the world's principal providers of genomic solutions.

    In January 2024,

     Danaher Corporation agreed with the Innovative Genomics Institute (IGI) to collaborate. The aim is to apply the different technologies that Danaher possesses and IGI’s academic skills to develop therapies based on CRISPR for rare genetic disorders.

    A collaboration agreement between Cellectis and AstraZeneca for accelerated development of advanced cancer and immunology therapy was concluded in November 2023.

    To create epigenetic drugs reliant on Sangamo's Zinc Finger Proteins (ZFPs), Sangamo Therapeutics partnered with Chroma Medicine in July 2023. For targets outside the central nervous system, Chroma will evaluate ZFPs against specific licenses that can be developed or commercialized.

    In May 2023,

     a research program at Lewis Katz School of Medicine at the University of Nebraska Medical Center reported successful treatment of HIV infection in animals utilizing CRISPR.

    LGC acquired Rapid Genomics in April 2022 as part of its NGS application enhancement strategy aimed at high-throughput genotyping for the agrigenomics market. New Biologix SA emerged from hiding as a technological innovation firm establishing an unrivaled revolutionary platform used for sophisticated production cell lines used in gene and cell therapy applications. The company intends to use recombinant adeno-associated viral vectors to generate advanced therapy medicinal products as an alternative DNA-based process addressing critical manufacturing bottlenecks.

    September 2022:

    Integrated DNA Technologies Inc (US) expands customization options for Alt-R Custom CRISPR gRNA Libraries for drug discovery. This expansion allows researchers to quickly assess new therapeutic options.

    Future Outlook

    Gene Editing Market Future Outlook

    The Global Gene Editing Market is projected to grow at a 20.95% CAGR from 2024 to 2035, driven by advancements in CRISPR technology, increasing investments in biotechnology, and rising demand for personalized medicine.

    New opportunities lie in:

    • Develop innovative CRISPR-based therapies targeting genetic disorders.
    • Expand gene editing applications in agriculture for crop enhancement.
    • Invest in partnerships with biotech firms for collaborative research initiatives.

    By 2035, the Gene Editing Market is expected to be a cornerstone of biotechnological advancements, significantly impacting healthcare and agriculture.

    Market Segmentation

    Gene Editing Method Outlook

    • Ex-vivo
    • In-vivo

    Gene Editing Regional Outlook

    • US
    • Canada
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
    • Middle East
    • Africa

    Gene Editing End-Users Outlook

    • Biotechnology and Pharmaceutical Companies
    • Contract Research Organizations (CROs)
    • Academic and Government Research Institutes

    Gene Editing Technology Outlook

    • CRISPER
    • TALEN
    • ZFEN
    • Antisense
    • Other

    Gene Editing Application Outlook

    Genetic Engineering
    • Cell line engineering
    • Animal genetic engineering
    • Plant genetic engineering
    • Others

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 7.19 billion
    Market Size 2024 USD 8.69 billion
    Market Size 2032 USD 39.79 billion
    Compound Annual Growth Rate (CAGR) 20.94% (2024-2032)
    Base Year 2023
    Forecast Period 2024-2032
    Historical Data 2019 to 2022
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends.
    Segments Covered Technology, Application, Method, Application, Region
    Key Companies Profiled GE Healthcare (US), Thermo Fisher Scientific Inc (US), Bio-Rad Laboratories, Inc (US), Lonza (Switzerland), GenScript (US), Horizon Discovery Ltd (UK), OriGene Technologies, Inc (US), Integrated DNA Technologies, Inc (US), New England Biolabs, Inc (US), Sangamo Therapeutics (US
    Key Market Opportunities Increasing application of areas of gene editing.
    Key Market Dynamics Increasing funding for genetic research, Rising incidence of genetic disorders.

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    How much is Gene Editing market?

    The global gene editing is market is anticipated to reach USD 39.79 billion at a CAGR of 20.94% during the forecast period of 2024 to 2032.

    How big is the US gene editing market?

    The US gene editing market is anticipated to reach USD 39.79 billion at a CAGR of 20.94% during the forecast period of 2024 to 2032.

    What is the growth rate of Gene Editing Market?

    The Gene editing Market is expected to register a CAGR of 20.94% during the forecast period of 2024 to 2032.

    Which region held the largest market share in the Gene Therapy Market?

    The North America gene editing market accounted for USD 11.32 billion in 2022 and is expected to exhibit a 21.19% CAGR during the study period.

    Who are the key players in the Gene Editing market?

    GE Healthcare (US), Thermo Fisher Scientific Inc (US), Bio-Rad Laboratories, Inc (US), Lonza (Switzerland), GenScript (US), Horizon Discovery Ltd (UK), OriGene Technologies, Inc (US), Integrated DNA Technologies, Inc (US), New England Biolabs, Inc (US), Sangamo Therapeutics (US).

    Which technology had the largest market share in the gene editing market?

    The CRISPR segment held the majority share in 2022 contributing to around 35.5% with respect to the Gene editing Market.

    Which application holds the largest segment share in the gene editing market?

    The gene engineering segment held the majority share in 2022 contributing to around 44.2% with respect to the Gene editing Market.

    Which end user had the largest market share in the gene editing market?

    The biotechnology and pharmaceutical companies segment dominated the market in 2022 and is projected to be the fastest-growing segment during the forecast period, 2024-2032.

    Gene Editing Market Research Report — Global Forecast till 2032 Infographic
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