The Europe genome editing market on the basis of application is segmented into genetic engineering, cell line engineering and others. The cell line engineering segment is anticipated to grow at a CAGR of 17.5% during the forecast period. Moreover, the genetic engineering segment is expected to grow at the significant rate during the coming years owing to its sub segments such as animal genetic engineering and plant genetic engineering that are being carried out extensively.
Rising demand for aftermarket automotive parts is fueling the growth of the Genome Editing market. Moreover, the increase in the adoption of electric vehicles is anticipated to boost Genome Editing market growth in the forecast period. The aftermarket or replacement market plays an important role in Genome Editing market. With the increasing awareness of preventive maintenance as well as scheduled servicing of vehicles, consumers today are focusing on maximizing the lifespan value of their existing vehicles. This has significantly bolstered the growth of aftermarket parts and services demand and has generated new revenue opportunities for an extensive number of players operating in the automotive aftermarket industry.
Biotechnology is wide industry which is comprised of the enormous group of application that has enabled researchers and scientists to evolve the healthcare services and facilities for the humans, animals and plants. The wide range of application has also helped most of the industries to introduce the biotechnological products for commercialization and has generated so much of revenue and innovated novel products that have benefited the producers and consumers. The major market is contributed through the genome editing and the technologies have enabled to diagnosed and treat various chronic diseases.
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The US dominated the Genome Editing market in 2018 and is anticipated to lead the Genome Editing market across the North American region through the forecast period, followed by Mexico and Canada. The figure given below highlights the revenue share of the Mexico in the North American Genome Editing market in the forecast period
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NORTH AMERICA GENOME EDITING MARKET SEGMENTATION
EUROPE GENOME EDITING – MARKET SEGMENTATION
Zinc Finger Nucleases (ZFNs)
Animal Genetic Engineering
Plant Genetic Engineering
Cell Line Engineering
By End User
Biotechnology & Pharmaceutical Companies
Contract Research Organizations (CROs)
Academic & Government Research Institutes
Transposagen Biopharmaceuticals, Inc.
Integrated DNA Technologies, Inc.
Thermo Fisher Scientific Inc.
Horizon Discovery Group plc
Sangamo Therapeutics, Inc.
New England Biolabs
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