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The global CRISPR gene editing market was valued at $846.2 million in 2019 and is expected to reach $10,825.1 million by 2030, registering a CAGR of 26.86% during the forecast.
The development of genome engineering with potential applications proved to reflect a remarkable impact on the future of the healthcare and life science industry. The high efficiency of the CRISPR-Cas9 system has been demonstrated in various studies for genome editing, which resulted in significant investments within the field of genome engineering. However, there are several limitations, which need consideration before clinical applications. Further, many researchers are working on the limitations of CRISPR gene editing technology for better results. The potential of CRISPR gene editing to alter the human genome and modify the disease conditions is incredible but exists with ethical and social concerns.
CRISPR and CAS Gene Market to Score Past US$ 7,603 8 Million Valuation by 2027: CMI – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Search jobs 21-Dec-2020 CRISPR and CAS Gene Market to Garner US$ 7,603.8 Million, with a CAGR of 20.8% by 2026, Global Industry Analysis By Overview, Size, Growth, Share, Trends, Top Leaders, Regional Statistics
Global CRISPR and CAS Gene Market – Insights
CRISPR technology is a simple tool, which is used for gene editing. It is a powerful nucleic acid-targeting editing tools for genome, which allows researchers to easily alter DNA sequences and modify gene function. In this technology, protein Cas9 or CRISPR, which is an enzyme that acts as a pair of molecular scissors that is capable of cutting strands of DNA. It has many potential applications including correcting genetic defects, treating and preventing the spread of diseases, and improving crops. It is faster, cheaper, and more precise than previous techniques of editing DNA like ZFNs (Zinc Finger Nucleases) and TALENs (Transcription Activator-Like Effector Nucleases). Researc