Germany Crispr And Cas Genes Market Size & Outlook
Germany crispr and cas genes market, 2018-2030 (US$M)
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Germany crispr and cas genes market highlights
- The Germany crispr and cas genes market generated a revenue of USD 117.7 million in 2023 and is expected to reach USD 350.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 16.9% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Service is the most lucrative product & service segment registering the fastest growth during the forecast period.
Crispr and cas genes market data book summary
| Market revenue in 2023 | USD 117.7 million |
| Market revenue in 2030 | USD 350.9 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
| Key market players worldwide | AstraZeneca PLC, Caribou Biosciences Inc Ordinary Shares, Cellectis SA, CRISPR Therapeutics AG, Editas Medicine Inc, Roche Holding AG, PerkinElmer, Genscript Biotech Corp Class H, Danaher Corp, Intellia Therapeutics Inc, Lonza Group Ltd, Merck KGaA, Takara Bio Inc, Thermo Fisher Scientific Inc, Cibus Inc Ordinary Shares - Class A, Beam Therapeutics Inc, Vertex Pharmaceuticals Inc, Addgene, EGenesis, Synthego, Mammoth Biosciences, Inscripta, PLANTEDIT, Hera Biotech, Origene Technologies, Recombinetics |
Other key industry trends
- In terms of revenue, Germany accounted for 3.7% of the global crispr and cas genes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany crispr and cas genes market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 350.9 million by 2030.
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CRISPR And Cas Genes Market Scope
CRISPR And Cas Genes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany crispr and cas genes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to crispr and cas genes market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 78.67% in 2023. Horizon Databook has segmented the Germany crispr and cas genes market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
Germany accounted for a substantial revenue share in Europe’s CRISPR and Cas gene market. It has several institutes and universities that are actively involved in the adoption of CRISPR techniques to serve their research purposes, thereby, boosting revenue generation in this country.
In March 2020, researchers from German universities, namely the Martin Luther University Halle-Wittenberg and the Science of Pathogens, developed a Cas9 variant that is designed to increase the specificity of CRISPR technology. Such studies are anticipated to optimize CRISPR-Cas9 technology in this region.
Merck KGaA is one of the prominent players in this region. Besides, strategic initiatives undertaken by other players are expected to drive the country’s market growth over the forecast period. In November 2017, CRISPR Therapeutics, along with Casebia Therapeutics, collaborated with the German biopharmaceutical company CureVac AG.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany crispr and cas genes market , including forecasts for subscribers. This country databook contains high-level insights into Germany crispr and cas genes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany crispr and cas genes market size, by product & service, 2018-2030 (US$M)
Germany CRISPR And Cas Genes Market Outlook Share, 2023 & 2030 (US$M)
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