North America Genome Editing Market Size & Outlook
North America genome editing market, 2018-2030 (US$M)
Related Markets
North America genome editing market highlights
- The North America genome editing market generated a revenue of USD 3,805.5 million in 2023.
- The market is expected to grow at a CAGR of 17.4% from 2024 to 2030.
- In terms of segment, (crispr)/cas9 was the largest revenue generating technology in 2023.
- (CRISPR)/Cas9 is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,805.5 million |
| Market revenue in 2030 | USD 11,717.8 million |
| Growth rate | 17.4% (CAGR from 2023 to 2030) |
| Largest segment | (crispr)/cas9 |
| Fastest growing segment | (CRISPR)/Cas9 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 47.8% of the global genome editing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,743.8 million by 2030.
(crispr)/cas9 was the largest segment with a revenue share of 41.88% in 2024. Horizon Databook has segmented the North America genome editing market based on (crispr)/cas9, talens/megatals, zfn, meganuclease covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of robust research infrastructure, rise in genetically modified crops, and increase in prevalence of genetic diseases are some of the major driving factors boosting the U.S. genome editing market. Moreover, in the U.S., genetic diseases such as cystic fibrosis are prevalent.
According to the Cystic Fibrosis Foundation Patient Registry, around 30,000 people are suffering from cystic fibrosis in the country. In addition, around 1,000 new cystic fibrosis cases are diagnosed every year. On the other hand, rise in the number of patent approvals for U.S.-based companies has also accelerated the adoption of genome editing tools in the country, leading to positive market growth.
For instance, in May 2020, Merck announced that two CRISPR gene editing patents were approved in the U.S. In September 2020, Editas Medicine revealed that the U.S. Patent and Trademark Office approved certain Broad’s CRISPR/Cas9 patents for priority benefits.
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Genome Editing Market Scope
Genome Editing Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America genome editing market size, by country, 2018-2030 (US$M)
North America Genome Editing Market Outlook Share, 2024 & 2030 (US$M)
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