CRISPR and Cas Gene Market

CRISPR and Cas Gene Market Size by Product (Vector-based Cas, DNA-free Cas and Others), Service (DNA Synthesis, Cell Line Engineering, gRNA design and Microbial Gene Editing), Application (Genome Engineering, Disease Model Studies, Functional Genomics, Epigenetics and Others), End User (Academics & Government Research Institutes, Biotechnology & Pharmaceutical Companies, and Contract Research Organizations (CROs)), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14229
  • Published Date: Apr, 2024
  • Pages: 237
  • Category: Healthcare
  • Format: PDF
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The global CRISPR and Cas Gene market generated USD 3.16 billion revenue in 2023 and is projected to grow at a CAGR of 17.31% from 2024 to 2033. The market is expected to reach USD 15.60 billion by 2033. The rise in genetic disorders among populations has significantly propelled market growth. Additionally, there has been a notable surge in the adoption of CRISPR and Cas gene technology across diverse medical and non-traditional sectors, fueling demand within the market. Furthermore, governments worldwide have incentivized investments in genome editing advancements, laying the groundwork for the growth of CRISPR and Cas Gene markets.

Market Introduction:

Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) and CRISPR-associated (Cas) genes are part of an adaptive immune system found in bacteria and archaea. They provide these microorganisms with the ability to defend against invading viruses and plasmids by storing genetic information about past infections and using it to recognize and destroy similar threats in the future. CRISPR sequences consist of repeating DNA segments interspersed with short, unique sequences derived from past viral or plasmid infections. Adjacent to these CRISPR sequences are Cas genes, which encode Cas proteins responsible for the immune response. The CRISPR-Cas system has three main stages: adaptation, expression, and interference. During adaptation, the system captures snippets of DNA from invading viruses and incorporates them into the CRISPR array. In the expression stage, the CRISPR array is transcribed into RNA molecules called CRISPR RNAs (crRNAs), which guide the Cas proteins to their targets. Finally, in the interference stage, Cas proteins use the crRNAs as guides to identify and cleave the DNA of invading viruses or plasmids, effectively neutralizing the threat. The remarkable ability of CRISPR-Cas systems to target and modify specific DNA sequences with precision has revolutionized molecular biology. Researchers have harnessed this technology to develop powerful tools for genome editing, allowing for precise modifications to the DNA of various organisms. CRISPR-Cas systems hold immense potential for applications in gene therapy, agriculture, biotechnology, and medicine, with ongoing research to further improve their efficiency, specificity, and versatility.

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Recent Development
  • In April 2023: A group of researchers from the University of Florida has pioneered an innovative CRISPR-based technique for non-invasive blood testing. This breakthrough can potentially assist clinicians in detecting cancer in its early stages.
  • In December 2022: A scientist affiliated with the University of California led a clinical trial named "CRISPR_SCD001" to investigate the effectiveness of hematopoietic stem cell transplantation (HSCT) in treating severe sickle cell disease. This trial focused on using CRISPR/Cas9-edited red blood cells. The trial is known as the CRISPR_SCD001 Drug Product.
  • In November 2022: Researchers at the Massachusetts Institute of Technology (MIT) have introduced an innovative CRISPR-based approach known as PASTE. This technique facilitates the insertion of large DNA sequences into specific cell locations. By precisely targeting and modifying faulty genes, it can address a range of diseases stemming from genetic mutations.
  • In August 2022: iNtRON Biotechnology has revealed its ongoing efforts to develop a tailored CRISPR/Cas system specifically designed for genetic alterations in bacteria and bacteriophages.

Market Dynamics:

Drivers

Rising Prevalence of Genetic Disorders - The increasing prevalence of genetic disorders and diseases propels the demand for precise and efficient gene editing technologies like CRISPR-Cas. These technologies offer potential therapeutic solutions for genetic diseases by enabling targeted modification of DNA sequences.

Advantages over Traditional Gene Editing Techniques - CRISPR-Cas systems offer several advantages over traditional gene editing techniques, such as ease of use, cost-effectiveness, and precision. These advantages drive the adoption of CRISPR-Cas technologies across various research and industrial applications.

Supportive Regulatory Environment - Regulatory agencies in various countries actively engage with stakeholders to establish guidelines and regulations for the responsible use of CRISPR-Cas technologies. A supportive regulatory environment fosters innovation and investment in the market by providing clarity and streamlining the approval process for CRISPR-based products.

Restraints:

Off-Target Effects and Specificity Concerns - Despite advancements, off-target effects remain a significant concern with CRISPR-Cas gene editing. Off-target modifications can lead to unintended changes in the genome, potentially causing adverse effects or safety issues in therapeutic applications. Improving the specificity of CRISPR-Cas systems to minimize off-target effects is a critical challenge.

Ethical and Social Implications - The ethical and societal implications of CRISPR-Cas gene editing, particularly in human germline editing, are subject to intense debate and scrutiny. Concerns regarding the potential misuse, ethical considerations, and unforeseen consequences of altering the human genome pose challenges to the widespread acceptance and adoption of CRISPR-based technologies.

Opportunities:

Therapeutic Applications - There are vast opportunities for CRISPR-Cas gene editing in therapeutic applications. The ability to precisely target and modify disease-causing genes holds promise for treating various genetic disorders, including rare diseases, cancer, and neurodegenerative conditions. Additionally, CRISPR-based therapies could offer personalized treatment options by targeting specific genetic mutations in individual patients.

Drug Discovery and Development - CRISPR-Cas technology presents opportunities for accelerating drug discovery and development processes. CRISPR-based screening platforms can identify novel drug targets, validate therapeutic candidates, and streamline the drug development pipeline by enabling precise manipulation of genes associated with disease pathways. These aspects could lead to the discovery of innovative therapies for various diseases with unmet medical needs.

Agricultural Biotechnology - In agriculture, CRISPR-Cas gene editing offers opportunities for crop improvement, disease resistance, and enhanced nutritional traits. By precisely modifying plant genomes, CRISPR-based technologies can expedite the development of genetically modified crops with improved yield, quality, and resilience to biotic and abiotic stresses. These features could address food security challenges and contribute to sustainable agriculture practices.

Challenges:

Delivery Efficiency - Efficient delivery of CRISPR-Cas components to target cells or tissues presents a significant challenge, particularly in therapeutic settings. Developing effective delivery vehicles that can accurately deliver gene editing tools to specific locations within the body while minimizing off-target effects is crucial for the success of CRISPR-based therapies.

Immune Response - The immune response triggered by CRISPR-Cas gene editing components, such as Cas proteins or viral vectors used for delivery, poses a challenge in therapeutic applications. Immune reactions can limit the efficacy of CRISPR-based therapies, induce inflammation, or lead to immune rejection of edited cells. Overcoming immune responses and developing strategies to mitigate immunogenicity are essential for advancing CRISPR-based therapeutics.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most prominent global CRISPR and Cas Gene market, with a 40.17% market revenue share in 2023.

North America, particularly the United States, possesses advanced research infrastructure, including top-tier universities, research institutions, and biotechnology hubs. These institutions have been at the forefront of CRISPR-Cas research, contributing to significant advancements in the field and driving innovation. Furthermore, the availability of substantial funding from government agencies, private investors, and venture capitalists has fueled CRISPR-Cas research and development in North America. Initiatives like the NIH funding for genome editing research and grants from organizations like the National Science Foundation (NSF) have supported pioneering research projects and technology development. In addition, North America boasts a thriving biotechnology industry, with numerous biotech companies specializing in gene editing technologies. These companies, including industry leaders like CRISPR Therapeutics, Editas Medicine, and Intellia Therapeutics, are driving innovation in CRISPR-based therapeutics, diagnostics, and agricultural applications, contributing to the market's growth. Besides, North American institutions and companies have formed strategic partnerships and collaborations to advance CRISPR-Cas technologies. Collaborations between academia, industry, and government entities facilitate knowledge exchange, resource sharing, and technology transfer, accelerating the development and commercialization of CRISPR-based products and therapies.

North America Region CRISPR and Cas Gene Market Share in 2023 - 40.17%

 

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Product Segment Analysis

The product segment is divided into vector-based cas, DNA-free cas and others. The vector-based cas segment dominated the market, with a share of around 44.76% in 2023. Vector-based CRISPR-Cas systems, such as viral vectors (e.g., lentiviral, adenoviral, adeno-associated viral vectors) or non-viral vectors (e.g., plasmids), offer efficient delivery of CRISPR-Cas components into target cells or tissues. These vectors can effectively transport Cas proteins, guide RNAs, and donor DNA templates to facilitate precise genome editing. Furthermore, viral vectors, in particular, exhibit high transduction efficiency, allowing for robust and widespread delivery of CRISPR-Cas components into various cell types, including hard-to-transfect cells and primary cells. This high efficiency is essential for achieving therapeutic levels of gene editing in clinical applications. Additionally, vector-based CRISPR-Cas systems can mediate the stable integration of transgenes or gene-editing machinery into the host genome, leading to long-lasting gene expression and sustained editing activity. This feature is advantageous for applications requiring persistent gene modification, such as gene therapy and cellular reprogramming.

Service Segment Analysis

The service segment is classified into DNA synthesis, cell line engineering, gRNA design and microbial gene editing. The microbial gene editing segment dominated the market, with a share of around 42.61% in 2023. CRISPR-Cas systems were initially discovered and characterized in microbial organisms, particularly bacteria and archaea. The natural function of CRISPR-Cas systems in microbial defence against viruses and foreign DNA provided the foundation for developing CRISPR-based gene editing tools. In addition, microbial CRISPR-Cas systems exhibit remarkable versatility and adaptability, with diverse types and subtypes identified across different microbial species. This diversity allows researchers to select CRISPR-Cas variants with desirable properties, such as high specificity, efficiency, or targeting range, for specific gene editing applications. Moreover, microbial CRISPR-Cas systems are relatively simple and accessible compared to alternative gene editing technologies. The components required for microbial gene editing, including Cas proteins and guide RNAs, are readily available, easy to manipulate, and cost-effective to produce, enabling widespread adoption and experimentation in research laboratories.

Application Segment Analysis

The application segment includes genome engineering, disease model studies, functional genomics, epigenetics and others. The genome engineering segment dominated the market, with a share of around 40.13% in 2023. CRISPR-Cas gene editing offers unparalleled precision and versatility in genome engineering. The ability to precisely target specific DNA sequences for modification allows researchers to edit genes with high accuracy, enabling various applications in basic research, biotechnology, and therapeutic development. Besides, CRISPR-Cas systems provide efficient and scalable tools for genome engineering. The simplicity of CRISPR-Cas technology allows for rapid and cost-effective editing of genes in various organisms and cell types, making it accessible to a wide range of researchers and industries. Most importantly, genome engineering using CRISPR-Cas technology has many applications across multiple fields, including agriculture, medicine, biotechnology, and basic research. CRISPR-based gene editing enables precise modification of genes to improve crop traits, develop novel therapeutics, create genetically modified organisms, and study gene function.

End User Segment Analysis

The end user segment is split into academics & government research institutes, biotechnology & pharmaceutical companies, and contract research organizations (CROs). The biotechnology & pharmaceutical companies segment dominated the market, with a share of around 50.37% in 2023. Biotechnology and pharmaceutical companies possess extensive research and development capabilities, including molecular biology, genomics, and drug discovery expertise. These companies have the resources and infrastructure to conduct comprehensive research on CRISPR-Cas gene editing, driving innovation and technological advancements. Furthermore, biotech and pharmaceutical firms have invested heavily in developing and commercializing CRISPR-Cas gene editing technologies. These investments support the discovery of novel CRISPR-based applications, the optimization of gene editing tools, and the translation of research findings into therapeutic products and services. Moreover, biotechnology and pharmaceutical companies are focused on developing CRISPR-based therapeutics for treating various diseases, including genetic disorders, cancer, infectious diseases, and rare conditions. These companies leverage CRISPR-Cas gene editing to develop innovative therapies with the potential to address unmet medical needs and improve patient outcomes.

Some of the Key Market Players:
  • AstraZeneca plc.
  • Addgene
  • Beam Therapeutics
  • Cibus
  • Caribou Biosciences, Inc.
  • Cellectis
  • CRISPR Therapeutics
  • Danaher
  • Editas Medicine, Inc.
  • eGenesis
  • F. Hoffmann-La Roche Ltd.
  • GenScript
  • GE Healthcare
  • Hera BioLabs
  • Horizon Discovery Group plc
  • Intellia Therapeutics, Inc.
  • Inscripta, Inc.
  • Lonza
  • Merck KGaA
  • Mammoth Biosciences
  • Mirus Bio LLC
  • OriGene Technologies, Inc.
  • PLANTeDIT
  • Recombinetics, Inc.
  • Synthego
  • Sangamo Therapeutics
  • Takara Bio Inc.
  • Thermo Fisher Scientific, Inc.
  • Vertex Pharmaceuticals Incorporated

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 3.16 Billion
Market size value in 2033 USD 15.60 Billion
CAGR (2024 to 2033) 17.31%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Product, Service, Application, and End User

Frequesntly Asked Questions

As per The Brainy Insights, the size of the crispr and cas gene market was valued at USD 3.16 billion in 2023 to USD 15.60 billion by 2033.

The global crispr and cas gene market is growing at a CAGR of 17.31% during the forecast period 2024-2033.

North America became the largest market for crispr and cas gene.

Rising prevalence of genetic disorders and supportive regulatory environment drive the market's growth.

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This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global CRISPR and Cas Gene market based on below-mentioned segments:

Global CRISPR and Cas Gene Market by Product:

  • Vector-based Cas    
  • DNA-free Cas
  • Others

Global CRISPR and Cas Gene Market by Service:

  • DNA Synthesis
  • Cell Line Engineering
  • gRNA design
  • Microbial Gene Editing 

Global CRISPR and Cas Gene Market by Application:

  • Genome Engineering      
  • Disease Model Studies
  • Functional Genomics
  • Epigenetics
  • Others

Global CRISPR and Cas Gene Market by End User:

  • Academics & Government Research Institutes
  • Biotechnology & Pharmaceutical Companies
  • Contract Research Organizations (CROs)

Global CRISPR and Cas Gene Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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