South Africa Crispr And Cas Genes Market Size & Outlook
South Africa crispr and cas genes market, 2018-2030 (US$M)
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South Africa crispr and cas genes market highlights
- The South Africa crispr and cas genes market generated a revenue of USD 10.7 million in 2023 and is expected to reach USD 29.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 15.6% 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 10.7 million |
| Market revenue in 2030 | USD 29.6 million |
| Growth rate | 15.6% (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, South Africa accounted for 0.3% 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 Middle East & Africa, South Africa crispr and cas genes market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.9 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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South Africa 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 78.5% in 2023. Horizon Databook has segmented the South Africa crispr and cas genes market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of a significant target population in South Africa is anticipated to drive its CRISPR technology market over the forecast period. Moreover, a growing disease burden is expected to greatly influence the country’s market growth by enhancing the application of gene editing technologies.
In March 2020, the KRISP, along with Thermos Fisher Scientific, opened a CRISPR-Cas9 laboratory in South Africa. This laboratory is expected to provide advanced training on genetic and epigenetic editing techniques and is available for scientific services, which can boost the penetration of CRISPR technologies in this region.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa crispr and cas genes market , including forecasts for subscribers. This country databook contains high-level insights into South Africa crispr and cas genes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa crispr and cas genes market size, by product & service, 2018-2030 (US$M)
South Africa CRISPR And Cas Genes Market Outlook Share, 2023 & 2030 (US$M)
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