Mutation Detection Kits in Genome Editing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021 - 2031
Mutation Detection Kits in Genome Editing Market - An Overview
The global mutation detection kits in genome editing market is expected to witness moderate growth during the forecast period between 2021 and 2031.
The demand for genome editing techniques and mutation kits has increased substantially in various end-use industries, in the last few years.
Also, findings of polymorphisms and other novel mutations in genome sequencing is a key aspect of extensive research and clinical areas, which includes disease treatment and pharmacogenetics.
As a result of these developments, the adoption of mutation detection kits in the genome manipulation field has increased which, in turn, is expected to propel the overall mutation detection kits in genome editing market.
Also, growth in the CRISPR field and the emergence of a large number of CRISPR-Cas-based reagents could widen the application range for genome editing and create novel revenue-generating opportunities, too.
Mutation Detection Kits in Genome Editing Market - Trends and Opportunities
Rising deployment of genome editing techniques in leading economies globally is the key growth driver for the mutation detection kits in genome editing market.
Also, growing investment in the production of mutation detection kits which would help in the adoption of genome editing techniques could create significant revenue-generating opportunities for the leading market players, in the coming years.
Emergence of new methodologies for mutation detection in DNA could increase the demand for gene manipulation technologies and propel the overall mutation detection kits in genome editing market, in the years ahead.
Other factors such as increased gene therapy adoption and significant number of therapies in various clinical trials could also bolster the mutation detection kits in genome editing market, in future.
Academic institutes are expected to offer the maximum revenue-generating opportunities for the overall market owing to existing clinical trials and an increasing preference for personalized medicine in the clinical diagnostics field.
Mutation Detection Kits in Genome Editing Market - Competitive Landscape
With the presence of several prominent market players, the competition in the global mutation detection kits in genome editing market has intensified and it is anticipated that most of these players will account for a large share in the overall market, in future.
Research and development activities could be a key revenue-generating strategy for well-established market players in the coming years.
Growth strategies such as novel product launches could help leading market players gain a competitive edge over others.
In April 2021, researchers at three universities- UC Berkeley, Keck Graduate Institute (KGI), and Vilnius University- worked together to manufacture a novel handheld device, integrated with CRISPR technology. The device, named CRISPR-Chip, has shown the ability to detect genetic disorders in reduced time and can be deployed to evaluate the precision of genome-editing technologies.
A few leading players in the global mutation detection kits in genome editing market include ThermoFischer Scientific, Lucigen, GenScript, Biovision Inc., and Lucigen.
Mutation Detection Kits in Genome Editing Market - Regional Assessment
North America is expected to offer maximum revenue-generating opportunities for the overall mutation detection kits in genome editing market because of the presence of several prominent market players in countries such as US and Canada, contributing to market growth in the region.
Asia Pacific is expected to witness significant growth in the global market because of increasing transfer of genetically modified cells into human cells in a bid to improve the overall immunity and help cure lung cancer, in countries such as China.
Europe is expected to witness moderate growth in the overall mutation detection kits in genome editing market owing to the presence of fewer market players in countries such as Italy and Germany.
Other regions of the world such as Latin America and Middle East and Africa are expected to witness sluggish growth in the overall market, in the coming years.
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