Gene Editing Market Value to Reach USD 17.5 B by 2031
December 11, 2024| |
The global gene editing market value is expected to reach USD 17.5 billion by the end of 2031 with a compound annual growth rate of 13.9% from 2023 to 2031. This projection is according to the latest report of Transparency Market Research.
The growth in the gene editing market is attributed to the advancements in biotechnology, increasing investments in biotech research, and a boost in applications of gene editing tools in healthcare, agriculture, and industrial sectors. Gene editing allows precise changes in the DNA of living organisms, offering transformative potential for treating genetic disorders, developing disease-resistant crops, and designing bio-based industrial products.
“As technological advancements continue to enhance the precision and efficiency of genome editing tools, the market is poised for robust growth. Stakeholders who prioritize ethical considerations, regulatory compliance, and technological innovation will be well-positioned to lead in this transformative field,” the report highlights.
Read the press release for more information.| |
You might also like:
- What is the Difference Between Genetic Engineering and Gene Editing?
- Pocket K No. 54: Plant Breeding Innovation: CRISPR-Cas9
- The First Decade of CRISPR: Advances and Outlook
Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10.
-
See more articles:
-
Gene Editing Supplement (December 11, 2024)
-
Research and Tools
- CRISPR Enhances Resistance of Tomato Against Bacterial Wilt Disease
- Gene Editing and Plant Domestication as Key Tools for Food Security and Facing Climate Change
- Gene Editing Market Value to Reach USD 17.5 B by 2031
- CRISPR-Cas9 for Disease Resistant Vines
-
Read the latest: - Biotech Updates (March 19, 2025)
- Gene Editing Supplement (March 12, 2025)
- Gene Drive Supplement (February 22, 2023)
-
Subscribe to BU: - Share
- Tweet