South Korea Mutation Detection Kits In Genome Editing Market Size & Outlook
South Korea mutation detection kits in genome editing market, 2017-2028 (US$M)
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South Korea mutation detection kits in genome editing market highlights
- The South Korea mutation detection kits in genome editing market generated a revenue of USD 2,211.3 million in 2020 and is expected to reach USD 8,471.7 million by 2028.
- The South Korea market is expected to grow at a CAGR of 18.3% from 2021 to 2028.
- In terms of segment, (crispr)/cas9 was the largest revenue generating technology in 2020.
- (CRISPR)/Cas9 is the most lucrative technology segment registering the fastest growth during the forecast period.
Mutation detection kits in genome editing market data book summary
| Market revenue in 2020 | USD 2,211.3 million |
| Market revenue in 2028 | USD 8,471.7 million |
| Growth rate | 18.3% (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 |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.7% of the global mutation detection kits in genome editing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China mutation detection kits in genome editing market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 19,550.2 million by 2028.
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Mutation Detection Kits In Genome Editing Market Scope
Mutation Detection Kits In Genome Editing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea mutation detection kits in genome editing 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 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 42.7% in 2020. Horizon Databook has segmented the South Korea 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.
South Korea’s market for mutation detection kits in genome editing is expected to witness significant growth throughout the forecast period. In September 2020, the U.S. Department of Agriculture approved a new variety of petunia co-developed with CRISPR genome editing technology as a non-GMO.
It was developed by the team of researchers at Toolgen and Chungnam National University. Since the approval, gene-edited plants are being promoted in the country. Such factors are likely to increase the R&D on transgene plants, boosting the demand for mutation detection kits.
In January 2019, -G+FLAS Life Sciences, Inc. a South Korean CRISPR/Cas gene modification company, licensed two patents pertaining to non-GMO ways of plant genome engineering. Such initiatives are anticipated to boost the market in the near future
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea mutation detection kits in genome editing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea mutation detection kits in genome editing market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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South Korea mutation detection kits in genome editing market size, by technology, 2017-2028 (US$M)
South Korea Mutation Detection Kits In Genome Editing Market Outlook Share, 2020 & 2028 (US$M)
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