Global CRISPR Technology Market Current Analysis and Estimated
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Posted On: 09/04/2019 6:01:06 AM
The report also encloses the Crispr Technology Market into various segments based on the type of products/services it offers, Applications/End-Users, Prominent players, Regions, Ongoing trends and Forecast.
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Major strategies used by the players in the market include gaining investments from various pharmaceutical entities and licensing with other companies. For instance, 2017, Horizon Discovery Group plc, announced the amendment of its existing license with the company, ERS Genomics. This amendment allows the company to use CRISPR modified cell lines for Good Manufacturing Practices (GMP) manufacturing of bio therapeutics.
Key factors driving the growth of the market include the increasing funding from the private and government organizations and the high implementation of CRISPR technology. Currently, the technology is considered as a valuable tool for the biopharmaceutical and biotechnology companies to conduct highly efficient and cost effective genome editing procedures.
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.
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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.
Table OF Contents:
COMPETETIVE LANDSCAPEMarket Share Analysis (2018)Key Strategies AssessmentNew Product LaunchesMerger & AcquisitionsAgreements, Collaborations, & PartnershipsExpansionsOther Strategies
COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)* Merck KGaA Thermo Fisher Scientific Agilent Technologies Integrated DNA Technologies (IDT) GenScript GeneCopoeia, Inc. New England Biolabs Origene Technologies, Inc. Transposagen Biopharmaceuticals, IncApplied StemCell. Inc. (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
Read More:
Article preview thumbnail
CRISPR Technology Market 2030 Growth by Key Players | Merck KGaA , Agilent Technologies, GenScript,…
Aug 22, 2019 (The Expresswire) -- The global CRISPR technology market was valued at over US$ 550.0…
Read on marketwatch.com
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Contact Us-
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GET your Sample PDF @ https://www.marketindustryreports.com/pdf/6
Major strategies used by the players in the market include gaining investments from various pharmaceutical entities and licensing with other companies. For instance, 2017, Horizon Discovery Group plc, announced the amendment of its existing license with the company, ERS Genomics. This amendment allows the company to use CRISPR modified cell lines for Good Manufacturing Practices (GMP) manufacturing of bio therapeutics.
Key factors driving the growth of the market include the increasing funding from the private and government organizations and the high implementation of CRISPR technology. Currently, the technology is considered as a valuable tool for the biopharmaceutical and biotechnology companies to conduct highly efficient and cost effective genome editing procedures.
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.
Download PDF Brochure with doscount @ https://www.marketindustryreports.com/discount/6
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.
Table OF Contents:
COMPETETIVE LANDSCAPEMarket Share Analysis (2018)Key Strategies AssessmentNew Product LaunchesMerger & AcquisitionsAgreements, Collaborations, & PartnershipsExpansionsOther Strategies
COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)* Merck KGaA Thermo Fisher Scientific Agilent Technologies Integrated DNA Technologies (IDT) GenScript GeneCopoeia, Inc. New England Biolabs Origene Technologies, Inc. Transposagen Biopharmaceuticals, IncApplied StemCell. Inc. (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
Read More:
Article preview thumbnail
CRISPR Technology Market 2030 Growth by Key Players | Merck KGaA , Agilent Technologies, GenScript,…
Aug 22, 2019 (The Expresswire) -- The global CRISPR technology market was valued at over US$ 550.0…
Read on marketwatch.com
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Contact Us-
2nd Floor, Manikchand Ikon,
B-Wing, Dhole Patil Road,
Sangamwadi, Pune 411 001
Email: sales@marketindustryreports.com
Phone: +1 347 767 5477 ( US ) + 91 8956 767 535 ( IN )
Website: https://www.marketindustryreports.com/latest-...s?pageno=8
Follow Us- LinkedIn | Twitter | Face book
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