CAS9 Technology Industry To Increase Valuation With Surging Investments By 2023
Advancement in the field of biotechnology and genetic engineering has led to the development of CAS9 technology that enables genetic and therapeutic analysts to alter the parts of genome by including, removing and changing few sections of the DNA. As per the market forecast published by Market Research Future (MRFR), the global CAS9 technology market is registered to expand significantly during the forecast period of 2017-2022.
FREE Sample@
Read on marketresearchfuture.com
Market Drivers and Restraints:
The CAS9 technology is being extensively used in various fields such as genetic engineering, DNA sequencing, gene library development, cell line engineering and DNA repair. Rapid advancement in biotechnology and genetic engineering owing to the recent technological advancements and increasing adoption of advanced technology are projected to be propelling the growth of the global CAS9 technology market.
Extensive research for the development of advanced medical techniques and technologies is positively impacting the growth of the global CAS9 technology market. Increasing utilization of CAS9 technology in gene interference or activation, gene knocking and other chromosome-related application are likely to boost the growth of the global CAS9 technology market during the forecast period. However, the complexities in gene alteration technology regarding missing the target are likely to create hindrance in the expansion of the global CAS9 technology market.
Market Segmentation:
The global CAS9 technology market has been segmented on the basis of medium, application, delivery and end-user. Based on medium, the CAS9 technology market has been segmented into RNA, enzyme and others. Based on application, the CAS9 technology market has been segmented into hepatitis B, DNA repair, DNA sequence, genetic engineering, cancer, gene therapy, gene library development, cell line engineering, and others. Based on delivery, the CAS9 technology market has been segmented into injection, IV infusion, and inhalation. Based on end-users, the global CAS9 technology market has been segmented into biotechnology companies, hospitals, research centers, and others.
Industry Updates:
In September 2018, it was announced that a team of European researchers had applied CRISPR-Cas9 gene editing technology to genetically engineer cassava plants that produce a modified type of starch which is used in both cooking and industrial processing.
Key Players:
The prominent players that are profiled by MRFR in the report on the global CAS9 technology market are Lonza, Transposagen Inc., Albany Molecular Research Inc., GenScript, Horizon Discovery Group Plc., New England Biolabs, Editas Medicine, CRISPR Therapeutics, CRISPR Therapeutics, Agilent Technologies, Thermo Fisher Scientific Inc., and others.
Access Full Report@
CAS9 Technology Market Research Report- Forecast To 2022 | MRFR
CAS9 Technology Market is projected to achieve an 11.30 % CAGR while earning revenues worth USD…
Read on marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]