Market revenue in 2023 | USD 315.8 million |
Market revenue in 2030 | USD 971.9 million |
Growth rate | 17.4% (CAGR from 2023 to 2030) |
Largest segment | (crispr)/cas9 |
Fastest growing segment | (CRISPR)/Cas9 |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | (CRISPR)/Cas9, TALENs/MegaTALs, ZFN, Meganuclease |
Key market players worldwide | Merck KGaA, Cibus Inc Ordinary Shares - Class A, Recombinetics, Sangamo Therapeutics Inc, Editas Medicine Inc, Precision BioSciences Inc, CRISPR Therapeutics AG, Intellia Therapeutics Inc, Caribou Biosciences Inc Ordinary Shares, Cellectis SA, AstraZeneca PLC, Takara Bio Inc, Horizon Discovery, Danaher Corp, Genscript Biotech Corp Class H, New England Biolabs, Origene Technologies, Bluebird bio Inc, Lonza Group Ltd, Thermo Fisher Scientific Inc |
(crispr)/cas9 was the largest segment with a revenue share of 44.4% in 2023. Horizon Databook has segmented the France genome editing market based on (crispr)/cas9, talens/megatals, zfn, meganuclease covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of hereditary diseases, such as hemophilia and metabolic disorders, is expected to drive market growth in the region. To cure such disorders, several researchers are using genome editing technologies.
These tools can provide a novel therapeutic solution for several patients with rare genetic disorders. Furthermore, France is undertaking several efforts to drive innovation in plant genetics, thereby boosting market growth in the country.
Some of the 28 leading private and public research organizations involved in plant breeding, plant science, and connected technologies formed the Plant Alliance. Plant Alliance is a consortium designed to accelerate innovation in genomics, genetics, and breeding of new varieties.
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