Increasing Consideration Of Gene Therapeutics Drives The CRISPR Technology Market
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CRISPR Technology Market Report - Opportunities And Strategies - Global Forecast To 2030
The Business Research Company’s CRISPR Technology Market Report - Opportunities And Strategies - Global Forecast To 2030
LONDON, GREATER LONDON, UK, April 21, 2021 /EINPresswire.com/ -- Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
Rising focus on gene therapeutics will contribute to the growth of the market for CRISPR technology. Globally, there has been a growing focus on gene therapeutics due to several factors, including increasing prevalence of various genetic disorders such as hemophilia and thalassemia. For instance, according to a study conducted by McMaster University in 2019, more than 1.12 million men had hemophilia and among those, 0.4 million had severe hemophilia. Gene therapy works by introducing DNA containing a functioning gene into a patient to correct the effect of a disease-causing gene. There has been an increasing preference for gene therapy in treatment of several diseases including cancer, cystic fibrosis, and AIDS. This rising demand for gene therapeutics will drive the market for CRISPR technology going forward.