This Cas Nuclease market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The Cas nuclease market size has grown rapidly in recent years. It will grow from $2.75 billion in 2023 to $3.27 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth during the historic period can be attributed to the rise of genome editing, increased funding for biotechnology research, heightened demand for personalized medicine, government support for genetic research, and the growing prevalence of genetic disorders.
The Cas nuclease market size is expected to see rapid growth in the next few years. It will grow to $6.56 billion in 2028 at a compound annual growth rate (CAGR) of 19%. The projected growth during the forecast period can be attributed to increasing investment in gene editing startups, rising demand for therapeutic genome editing, regulatory approvals for gene therapies, the development of Cas-based diagnostics, and growing interest in epigenome editing. Key trends expected in this period include the adoption of CRISPR for treating rare diseases, growth in agricultural gene editing, heightened interest in synthetic RNA-guided nucleases, advancements in CRISPR-based drug discovery, and a rise in ethical debates surrounding genome editing.
The increasing investment in biotechnology is projected to drive the growth of the Cas nuclease market in the coming years. This surge in investment is propelled by significant breakthroughs in scientific research, a rising demand for advanced medical treatments, the expanding applications of biotechnology across various industries, and the substantial economic potential associated with innovative technologies. Investment in biotechnology, particularly in Cas nucleases, accelerates advancements in gene-editing technologies applicable to medical, agricultural, and research fields. For example, in August 2024, data released by the UK Bioindustry Association (BIA), a trade association for the innovative life sciences and biotech sectors, indicated that the UK's life sciences and biotech sector raised $2.61 billion in the first half of 2024, surpassing the total of $2.38 billion raised throughout 2023. Consequently, the growing investment in biotechnology is driving the Cas nuclease market forward.
Key companies within the Cas nuclease market are concentrating on developing advanced technological solutions, such as CRISPR-based gene editing therapy, to maintain their competitive edge. CRISPR-based gene editing therapy employs the CRISPR-Cas9 system to precisely modify DNA sequences in living organisms, enabling the treatment of genetic disorders by correcting mutations at the molecular level. For instance, in November 2023, Vertex Pharmaceuticals Incorporated, a U.S.-based biotechnology firm, in collaboration with CRISPR Therapeutics, a Switzerland-based gene editing company, announced the authorization of CASGEVY (exagamglogene autotemcel) by the UK Medicines and Healthcare Products Regulatory Agency (MHRA). This approval represents a significant milestone, as it is the first-ever gene therapy utilizing CRISPR/Cas9 technology approved for the treatment of sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT) in patients aged 12 and older.
In February 2024, Ginkgo Bioworks, a U.S.-based biotechnology company, acquired Proof Diagnostics Inc. for an undisclosed sum. This acquisition aims to bolster Ginkgo's gene editing capabilities by integrating Proof's innovative Omega ribonucleic acid (RNA) programmable nuclease libraries, providing a new, versatile tool for advancing genomic medicines and therapeutics. Proof Diagnostics Inc. is a U.S.-based life sciences company specializing in a cutting-edge, CRISPR-based platform that includes Omega nuclease and CRISPR Cas technologies.
Major companies operating in the cas nuclease market are Thermo Fisher Scientific Inc., AstraZeneca PLC, Merck KGaA, Vertex Pharmaceuticals, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Promega Corporation, GenScript Biotech Corporation, CRISPR Therapeutics AG, Integrated DNA Technologies Inc., Takara Bio Inc., New England Biolabs Inc., Horizon Discovery Group plc, OriGene Technologies Inc., Applied Biological Materials Inc. (ABM), Synthego Corporation, Novoprotein Scientific Inc., genOway, Precision BioSciences, Editas Medicine, Creative Biolabs, Cellectis, Caribou Biosciences, Addgene.
North America was the largest region in the Cas nuclease market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cas nuclease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cas nuclease market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cas nuclease is an enzyme derived from CRISPR systems, capable of being programmed to target and cleave specific DNA sequences, thus enabling precise genetic modifications. It plays a crucial role in genome editing for correcting genetic mutations, creating genetically modified organisms, and developing targeted therapies for various diseases.
The primary types of Cas nucleases include Cas9, Cas12, Cas13, and others. Cas9 is a CRISPR-associated endonuclease that introduces double-strand breaks in DNA at specified locations, guided by a complementary RNA sequence, to facilitate accurate gene editing and manipulation. These nucleases can be delivered through various methods, including viral vectors, lipid nanoparticles, electroporation, microinjection, and transposons. Distribution channels for Cas nucleases encompass direct sales and distributors. Their applications range from gene editing and cell line construction to the development of animal models, bioagriculture, gene therapy, and more. Key end users of Cas nucleases include academic and government research institutions, biotechnology and pharmaceutical companies, contract research organizations (CROs), and agricultural biotechnology firms, among others.
The Cas nuclease market research report is one of a series of new reports that provides Cas nuclease market statistics, including Cas nuclease industry global market size, regional shares, competitors with a Cas nuclease market share, detailed Cas nuclease market segments, market trends and opportunities, and any further data you may need to thrive in the Cas nuclease industry. This Cas nuclease market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The Cas nuclease market consists of sales of CRISPR-Cas9 kits, Cas12a systems, Cas nuclease proteins, and gene-editing solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The Cas nuclease market size has grown rapidly in recent years. It will grow from $2.75 billion in 2023 to $3.27 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth during the historic period can be attributed to the rise of genome editing, increased funding for biotechnology research, heightened demand for personalized medicine, government support for genetic research, and the growing prevalence of genetic disorders.
The Cas nuclease market size is expected to see rapid growth in the next few years. It will grow to $6.56 billion in 2028 at a compound annual growth rate (CAGR) of 19%. The projected growth during the forecast period can be attributed to increasing investment in gene editing startups, rising demand for therapeutic genome editing, regulatory approvals for gene therapies, the development of Cas-based diagnostics, and growing interest in epigenome editing. Key trends expected in this period include the adoption of CRISPR for treating rare diseases, growth in agricultural gene editing, heightened interest in synthetic RNA-guided nucleases, advancements in CRISPR-based drug discovery, and a rise in ethical debates surrounding genome editing.
The increasing investment in biotechnology is projected to drive the growth of the Cas nuclease market in the coming years. This surge in investment is propelled by significant breakthroughs in scientific research, a rising demand for advanced medical treatments, the expanding applications of biotechnology across various industries, and the substantial economic potential associated with innovative technologies. Investment in biotechnology, particularly in Cas nucleases, accelerates advancements in gene-editing technologies applicable to medical, agricultural, and research fields. For example, in August 2024, data released by the UK Bioindustry Association (BIA), a trade association for the innovative life sciences and biotech sectors, indicated that the UK's life sciences and biotech sector raised $2.61 billion in the first half of 2024, surpassing the total of $2.38 billion raised throughout 2023. Consequently, the growing investment in biotechnology is driving the Cas nuclease market forward.
Key companies within the Cas nuclease market are concentrating on developing advanced technological solutions, such as CRISPR-based gene editing therapy, to maintain their competitive edge. CRISPR-based gene editing therapy employs the CRISPR-Cas9 system to precisely modify DNA sequences in living organisms, enabling the treatment of genetic disorders by correcting mutations at the molecular level. For instance, in November 2023, Vertex Pharmaceuticals Incorporated, a U.S.-based biotechnology firm, in collaboration with CRISPR Therapeutics, a Switzerland-based gene editing company, announced the authorization of CASGEVY (exagamglogene autotemcel) by the UK Medicines and Healthcare Products Regulatory Agency (MHRA). This approval represents a significant milestone, as it is the first-ever gene therapy utilizing CRISPR/Cas9 technology approved for the treatment of sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT) in patients aged 12 and older.
In February 2024, Ginkgo Bioworks, a U.S.-based biotechnology company, acquired Proof Diagnostics Inc. for an undisclosed sum. This acquisition aims to bolster Ginkgo's gene editing capabilities by integrating Proof's innovative Omega ribonucleic acid (RNA) programmable nuclease libraries, providing a new, versatile tool for advancing genomic medicines and therapeutics. Proof Diagnostics Inc. is a U.S.-based life sciences company specializing in a cutting-edge, CRISPR-based platform that includes Omega nuclease and CRISPR Cas technologies.
Major companies operating in the cas nuclease market are Thermo Fisher Scientific Inc., AstraZeneca PLC, Merck KGaA, Vertex Pharmaceuticals, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Promega Corporation, GenScript Biotech Corporation, CRISPR Therapeutics AG, Integrated DNA Technologies Inc., Takara Bio Inc., New England Biolabs Inc., Horizon Discovery Group plc, OriGene Technologies Inc., Applied Biological Materials Inc. (ABM), Synthego Corporation, Novoprotein Scientific Inc., genOway, Precision BioSciences, Editas Medicine, Creative Biolabs, Cellectis, Caribou Biosciences, Addgene.
North America was the largest region in the Cas nuclease market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cas nuclease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cas nuclease market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cas nuclease is an enzyme derived from CRISPR systems, capable of being programmed to target and cleave specific DNA sequences, thus enabling precise genetic modifications. It plays a crucial role in genome editing for correcting genetic mutations, creating genetically modified organisms, and developing targeted therapies for various diseases.
The primary types of Cas nucleases include Cas9, Cas12, Cas13, and others. Cas9 is a CRISPR-associated endonuclease that introduces double-strand breaks in DNA at specified locations, guided by a complementary RNA sequence, to facilitate accurate gene editing and manipulation. These nucleases can be delivered through various methods, including viral vectors, lipid nanoparticles, electroporation, microinjection, and transposons. Distribution channels for Cas nucleases encompass direct sales and distributors. Their applications range from gene editing and cell line construction to the development of animal models, bioagriculture, gene therapy, and more. Key end users of Cas nucleases include academic and government research institutions, biotechnology and pharmaceutical companies, contract research organizations (CROs), and agricultural biotechnology firms, among others.
The Cas nuclease market research report is one of a series of new reports that provides Cas nuclease market statistics, including Cas nuclease industry global market size, regional shares, competitors with a Cas nuclease market share, detailed Cas nuclease market segments, market trends and opportunities, and any further data you may need to thrive in the Cas nuclease industry. This Cas nuclease market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The Cas nuclease market consists of sales of CRISPR-Cas9 kits, Cas12a systems, Cas nuclease proteins, and gene-editing solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cas Nuclease Market Characteristics3. Cas Nuclease Market Trends and Strategies32. Global Cas Nuclease Market Competitive Benchmarking33. Global Cas Nuclease Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cas Nuclease Market
4. Cas Nuclease Market - Macro Economic Scenario
5. Global Cas Nuclease Market Size and Growth
6. Cas Nuclease Market Segmentation
7. Cas Nuclease Market Regional and Country Analysis
8. Asia-Pacific Cas Nuclease Market
9. China Cas Nuclease Market
10. India Cas Nuclease Market
11. Japan Cas Nuclease Market
12. Australia Cas Nuclease Market
13. Indonesia Cas Nuclease Market
14. South Korea Cas Nuclease Market
15. Western Europe Cas Nuclease Market
16. UK Cas Nuclease Market
17. Germany Cas Nuclease Market
18. France Cas Nuclease Market
19. Italy Cas Nuclease Market
20. Spain Cas Nuclease Market
21. Eastern Europe Cas Nuclease Market
22. Russia Cas Nuclease Market
23. North America Cas Nuclease Market
24. USA Cas Nuclease Market
25. Canada Cas Nuclease Market
26. South America Cas Nuclease Market
27. Brazil Cas Nuclease Market
28. Middle East Cas Nuclease Market
29. Africa Cas Nuclease Market
30. Cas Nuclease Market Competitive Landscape and Company Profiles
31. Cas Nuclease Market Other Major and Innovative Companies
35. Cas Nuclease Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cas Nuclease Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cas nuclease market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cas nuclease? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cas nuclease market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Cas9; Cas12; Cas13; Other Cas Nucleases2) By Delivery Method: Viral Vectors; Lipid Nanoparticles; Electroporation; Microinjection; Transposons
3) By Distribution Channel: Direct Sales; Distributor
4) By Application: Gene Editing Cell Line Construction; Animal Models; Bioagriculture; Gene Therapy; Other Applications
5) By End-User: Academic and Government Research Institutions; Biotechnology and Pharmaceutical Companies; Contract Research Organizations (CROS); Agricultural Biotechnology Companies; Other End-Users
Key Companies Mentioned: Thermo Fisher Scientific Inc.; AstraZeneca PLC; Merck KGaA; Vertex Pharmaceuticals; Agilent Technologies Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Cas Nuclease market report include:- Thermo Fisher Scientific Inc.
- AstraZeneca PLC
- Merck KGaA
- Vertex Pharmaceuticals
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- Promega Corporation
- GenScript Biotech Corporation
- CRISPR Therapeutics AG
- Integrated DNA Technologies Inc.
- Takara Bio Inc.
- New England Biolabs Inc.
- Horizon Discovery Group plc
- OriGene Technologies Inc.
- Applied Biological Materials Inc. (ABM)
- Synthego Corporation
- Novoprotein Scientific Inc.
- genOway
- Precision BioSciences
- Editas Medicine
- Creative Biolabs
- Cellectis
- Caribou Biosciences
- Addgene
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.27 Billion |
Forecasted Market Value ( USD | $ 6.56 Billion |
Compound Annual Growth Rate | 19.0% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |