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Gene Editing Market Size to Reach USD 73.7 Billion by 2033 growing at 16.9% CAGR - Exclusive Report by Acumen Research and Consulting

03 Mar 2025
ARC
Healthcare and Pharmaceuticals

Gene Editing market, valued at USD 18.3 Billion in 2024, is projected to surpass USD 73.7 Billion by 2033, indicating a robust CAGR of 16.9%.

Gene editing is a cutting-edge biotechnology that allows for exact DNA alterations. It entails modifying, adding, or removing certain genetic sequences in order to cure mutations, improve phenotypes, or investigate gene functions. The most often utilized gene-editing techniques are CRISPR-Cas9, TALENs, and ZFNs, which provide great accuracy and efficiency. This technology has numerous uses in healthcare, including the treatment of genetic illnesses like sickle cell anemia and cystic fibrosis. In agriculture, gene editing improves insect resistance, nutritional value, and productivity. Furthermore, it plays an important role in drug discovery, regenerative medicine, and synthetic biology breakthroughs.

Gene Editing market registered a revenue of USD 18.3 Billion in 2024 and is anticipated to reach the value of USD 73.7 Billion by 2033, at a robust CAGR of 16.9%.

Gene Editing Market Statistics

  • The global gene editing market, generating USD 18.3 billion in 2024, projects a robust CAGR exceeding 16.9% from 2025 to 2033
  • North America leads with a substantial USD 8.62 billion of revenue in 2024
  • Asia-Pacific anticipates impressive growth with a projected CAGR of 18.2%
  • Based on technology, CRISPR sub-segment accomplished 42% of share in 2024
  • A discernible trend in the gene editing market is increasing focus on gene therapies for rare and genetic diseases

Gene Editing Market Dynamics

Advancements in CRISPR Technology Increasing Precision and Efficiency Fuels the Gene Editing Market Value

CRISPR (clustered regularly interspaced short palindromic repeats) technology has transformed gene editing, providing unparalleled precision and efficiency. It allows scientists to precisely target specific DNA sequences while reducing off-target effects. The technique uses a guide RNA to target the Cas9 enzyme to a specific genetic site, allowing for precise alterations such as deletions, insertions, or repairs. CRISPR, unlike other gene-editing technologies, is faster, less expensive, and simpler to employ, making it popular in research and therapies. Continuous developments, such as base and prime editing, improve its precision and adaptability. These advancements foster innovation in medicine, agriculture, and biotechnology.

Increasing Partnerships and Collaborations between Biotech Firms and Academic Institutions Offer Significant Gene Editing Market Opportunity

The gene editing sector is seeing an increase in collaborations between biotech companies and academic institutions, stimulating innovation and quickening research. Academic institutions do cutting-edge research and have a thorough understanding of genetics, whereas biotech corporations specialize in commercialization and regulatory processes. These collaborations allow for faster development of gene-editing medicines, resulting in a smoother transition from laboratory findings to real-world applications. Joint initiatives also help to get funding, pool resources, and reduce research expenses, making breakthrough technology more accessible. Partnerships drive progress in precision medicine, disease modeling, and agricultural development. This synergy is critical for transforming scientific discoveries into meaningful solutions.

Gene Editing Market Segmentation

The global market for gene editing has been segmented into, technology, application, end-users, and region.

  • Technology is classified into CRISPR, TALEN, ZFN, and other technologies
  • Product & services are divided into reagents & consumables, software & systems, and services
  • Application are categorized into cell line editing, animal genome editing, plant genome editing, and others
  • End-user are sub-segmented into pharmaceutical & biotechnology companies, academics and government research institutes, and clinical research organizations (CRO)
  • The gene editing market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa

Gene Editing Market Regional Outlook

In terms of gene editing market analysis, North America dominates the industry because of significant investments in biotechnology, excellent research infrastructure, and supportive government regulations. The presence of significant market firms and leading academic institutions promotes gene-editing technology discovery and commercialization. For example, in May 2023, a research program at the Lewis Katz School of Medicine at the University of Nebraska Medical Center stated that CRISPR was used successfully to treat HIV infection in mice. The region's supremacy is further strengthened by the widespread acceptance of CRISPR-based medicines and personalized medicine. Continuous funding and collaborations between biotech firms and research institutes accelerate advancements in gene editing.

Asia-Pacific's gene editing business is expanding rapidly as a result of increased government support and biotechnology investments. For example, the Press Information Bureau (PIB) reports that India has made a significant leap in genomics with the creation of an Indian genetic data set and IBDC websites to support global research. In India's genomic revolution, 10,000 whole genome samples are now available globally. Furthermore, developments in agriculture and pharmaceuticals drive market growth. The region's enormous population base also fuels demand for gene therapies that target genetic abnormalities and rare diseases.

Gene Editing Market Players

Gene editing companies profiled in the report include GenScript Corporation, CRISPR Therapeutics, Sangamo Biosciences, Addgene, Caribou Biosciences, Inc, Thermo Fisher Scientific, Allele Biotech, Bio-Rad, GE Healthcare, GeneCopoeia, Inc., Horizon Discovery Group plc, Integrated DNA Technologies, Precision Biosciences, and OriGene Technologies.

Gene Editing Market Key Insights

Parameter

Details

Size in 2024

USD 18.3 Billion

Forecast by 2033

USD 73.7 Billion

CAGR During 2025 - 2033

16.9%

Largest End-User Segment (% share 2024)

Pharmaceutical & Biotechnology Companies– 52%

Largest Region Size (2024)

North America - USD 8.62 Billion

Fastest Growing Region (% CAGR)

Asia-Pacific– 18.2%

Key Players Covered

GenScript Corporation, CRISPR Therapeutics, Sangamo Biosciences, Addgene, Caribou Biosciences, Inc, Thermo Fisher Scientific, Allele Biotech, Bio-Rad, GE Healthcare, GeneCopoeia, Inc., Horizon Discovery Group plc, Integrated DNA Technologies, Precision Biosciences, and OriGene Technologies.

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Mr. Richard Johnson

Acumen Research and Consulting

India: +91 8983225533

E-mail: [email protected]

Acumen Research and Consulting

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