Global Base Editing Market 2024-2028
The base editing market is forecasted to grow by USD 307.66 mn during 2023-2028, accelerating at a CAGR of 15.1% during the forecast period. The report on the base editing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in applications of genome editing in therapeutics, increasing research activities in pharmaceutical and biotechnology sectors, and increasing demand for genetically edited crops.
Technavio's base editing market is segmented as below:
By Application
- Drug discovery and development
- Agriculture
- Veterinary
By Type
- DNA base editing
- RNA base editing
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the technological advancement in genome editing tools as one of the prime reasons driving the base editing market growth during the next few years. Also, growing developments in precision medicine and gene therapy and advances in genome editing tools to improve the development of vaccines will lead to sizable demand in the market.
The report on the base editing market covers the following areas:
- Base editing market sizing
- Base editing market forecast
- Base editing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading base editing market vendors that include Beam Therapeutics Inc., Bio Palette Co. Ltd., Cellectis SA, Creative Biogene, Danaher Corp., EdiGene Inc., ElevateBio, Genkore Co. Ltd., GenScript Biotech Corp., Horizon Discovery Ltd., Intellia Therapeutics Inc., KromaTiD Inc., Maravai LifeSciences Holdings Inc., Merck KGaA, Pairwise Plants Services, PerkinElmer Inc, ProQR Therapeutics NV, QI Biodesign Biotechnology Co. Ltd., Shape Therapeutics Inc., and Synthego Corp.. Also, the base editing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.