Market Research Future published a research report on “CAS9 Technology Market Research Report- Forecast To 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
CAS9 Technology Market – Overview
The rapid surge in the biotechnology sector is expected to boost the CAS9 technology market. Reports that judge the information and communication technology industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. An 11.30 % CAGR is expected to boost the potential of the market to earn revenues worth USD 3,505.3 million in the course of the forecast.
The increased level of investment in the market is anticipated to create a suitable level of traction for the growth of the market of CAS9 technology. Moreover, the augmented level of awareness concerning biotechnology techniques and products is expected to motivate the CAS9 technology market in the forthcoming period.
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Key Players:
Cellecta, Inc., abm Inc., GenScript, CRISPR Therapeutic, Intellia Therapeutics, Inc., GE Healthcare, Takara Bio, Inc., AstraZeneca, PLC, Merck KGaA, Bio-Rad Laboratories, Inc., Danaher Corporation (Integrated DNA Technologies, Inc.), New England Biolabs, OriGene Technologies, Inc., Lonza Group, and Thermo Fisher Scientific.
Segmental Analysis
The segment-based evaluation of the CAS9 Technology Market is segmented on the basis of application, delivery method, product type, end-user, and region. Based on the product type, the CAS9 technology market is split into vectors and consumables. The application basis of segmenting the CAS9 technology market comprises of knockdown/activation, molecular diagnostics, disease models, in-vitro genetic depletion, genome engineering, and others. The segmentation of the CAS9 technology market based on the delivery method consist of physical delivery methods, viral delivery methods, and non-viral delivery methods. Based on end-users, the CAS9 technology market is segmented into biotechnology and pharmaceutical companies, academic and research institutes, contract research organizations, and others. Based on the regions, the CAS9 technology market is segmented into the Asia Pacific, the Americas, Europe, the Middle East, and Africa.
Regional Outlook
The regional assessment of the CAS9 technology market comprises of regions such as the Asia Pacific, the Middle East, the Americas, Europe, and Africa. The Americas region was accredited for the chief market stake in 2017 and is expected to maintain an attractive streak throughout the forecast period. The regional market in the Americas region is anticipated to display a CAGR of 11.52 % in the forecast period and touch a valuation exceeding USD 1,300 Mn. The influence of factors such as a mounting biotechnology industry and the speedier implementation of advanced technologies in nations such as the U.S. and Canada. A remarkable development in the biotechnology sector in the U.S. is expected to motivate the market. As a result, the job prospects in the biotech sector increased by 6.7% in 2018 as associated with 2015 data in the country. The European region is expected to assume the second major market segment for the CAS9 technology market. The rising CRISPR/CAS research interests in the pharmaceutical and biotechnology group in the European region is backing up the development of the market.
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Intended Audience
- Pharmaceutical & Biopharmaceutical companies
- Biotechnology Companies
- Government Research Laboratories
- Independent Research Laboratories
- Market Research and Consulting Service Providers
- Medical Research Laboratories
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