Market revenue in 2020 | USD 4,879.7 million |
Market revenue in 2028 | USD 23,429.3 million |
Growth rate | 21.7% (CAGR from 2020 to 2028) |
Largest segment | (crispr)/cas9 |
Fastest growing segment | (CRISPR)/Cas9 |
Historical data | 2017 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | (CRISPR)/Cas9, TALENs/MegaTALs, ZFN, Meganuclease |
Key market players worldwide | Thermo Fisher Scientific Inc, Takara Bio Inc, Danaher Corp, Promega, GenScript ProBio, New England Biolabs, Applied Materials Inc, Bio-Rad Laboratories Inc, Lucigen, Synthego, Addgene, Abcam PLC |
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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 mutation detection kits in genome editing market will help companies and investors design strategic landscapes.
(crispr)/cas9 was the largest segment with a revenue share of 42.9% in 2020. Horizon Databook has segmented the Canada mutation detection kits in genome editing market based on (crispr)/cas9, talens/megatals, zfn, meganuclease covering the revenue growth of each sub-segment from 2017 to 2028.
Canada’s market for genome editing is under stringent regulations. According to Assisted Human Reproduction Act of 2004, human genome editing is a punishable offense, making genome editing illegal for researchers. This impedes the growth of mutation detection kits in Canadian market.
However, in April 2021, Health Canada declared that gene-editing technology used in crops is safe for human consumption and the environment. This is anticipated to increase the adoption of geneedited crops by Canadian farmers, in turn, increasing research on transgene plants.
The need to revisit laws and policies that address social, legal, and ethical implications of human genome editing is felt by researchers. The change in these regulatory policies is anticipated to be a critical move in Canada’s legal and scientific history.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada mutation detection kits in genome editing market , including forecasts for subscribers. This country databook contains high-level insights into Canada mutation detection kits in genome editing market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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