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CRISPR Technology

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Post# of 43
(Total Views: 371)
Posted On: 03/06/2019 3:50:32 AM
Posted By: sam_7
The global CRISPR Technology market is segmented by product & services, application, end user, and region. On the basis of product, the CRISPR technology market is segmented into CRISPR Kits, Enzymes and Services. The CRISPR services are further sub-segmented into design & vector construction, cell line engineering, screening services and other services. Based on application, the market is segmented into biological & biomedical applications, agricultural applications, industrial applications and other applications. On the basis of end user, the CRISPR technology market is segmented into academic institutes & research centers, contract research organizations (CROs), pharmaceutical and biotechnology companies and other end users.

The prominent players in the global CRISPR Technology market are Thermo Fisher Scientific, Inc., GenScript, Merck KGaA, GeneCopoeia, Inc., Integrated DNA Technologies, Inc., Transposagen Biopharmaceuticals, Inc., OriGene Technologies, Inc., New England Biolabs, Agilent Technologies, and Applied StemCell, Inc., among others.

Donload Free PDF Sample Copy @ https://www.marketindustryreports.com/pdf/6

Increasing prevalence of genetic disorders, promoting the growth of market

The CRISPR technology is focused on development or growth of the gene therapeutics for the treatment of several genetic disorders including hemophilia, thalassemia, and sickle cell anemia, among others. The growing prevalence of hereditary disorders is promoting the growth of the market, for improved treatment and better quality of life for patients. According to Center for Disease Control and Prevention (CDC), in 2017, almost 1000 people in U.S. suffer from the most severe form of the thalassemia every year.

Repeated off-target and safety studies to restrain the market growth

Reducing the length of the director sequence from 20 to 18 nucleotides can increase specificity up to 5,000 times without affecting cutting efficiency. However, every new CRISPR-based therapy requires a new sgRNA, safety and off-target studies will need to be performed each time which is expected to restrain growth of the market.

Read More:https://www.marketindustryreports.com/6/crispr-technology-market

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