PUBLISHER: TechSci Research | PRODUCT CODE: 1668061
PUBLISHER: TechSci Research | PRODUCT CODE: 1668061
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Global Crispr Genomic Cure Market was valued at USD 2.95 Billion in 2024 and is anticipated to project impressive growth in the forecast period with a CAGR of 25.15% through 2030. The global CRISPR genomic cure market is a rapidly evolving sector within the biotechnology and healthcare industries. CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) technology has revolutionized gene editing and holds immense promise for treating various genetic and hereditary diseases.
Market Overview | |
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Forecast Period | 2026-2030 |
Market Size 2024 | USD 2.95 Billion |
Market Size 2030 | USD 11.36 Billion |
CAGR 2025-2030 | 25.15% |
Fastest Growing Segment | Genetic Disorders |
Largest Market | North America |
Key Market Drivers
Increasing Prevalence of Genetic Disorders and Chronic Diseases
The growing incidence of genetic disorders and chronic diseases is a major driver behind the rapid expansion of the Global CRISPR Genomic Cure Market. Genetic disorders and congenital abnormalities affect approximately 2%-5% of all live births, contributing to up to 30% of pediatric hospital admissions and accounting for nearly 50% of childhood mortality in industrialized nations. These figures highlight a critical demand for advanced genomic interventions, positioning CRISPR-based therapies as a transformative solution in pediatric healthcare. As the burden of hereditary and chronic illnesses continues to rise worldwide, there is an increasing demand for innovative, targeted, and long-term solutions to treat these conditions. CRISPR-based gene editing has emerged as a groundbreaking approach, offering precise and potentially curative treatments for diseases with a strong genetic basis. The incidence of genetic disorders and chronic diseases is increasing due to factors such as aging populations, environmental influences, and inherited genetic mutations. Annually,
Key Market Challenges
Ethical and Regulatory Hurdles
Perhaps one of the most significant challenges is the ethical and regulatory landscape surrounding CRISPR technology. The ethical debate over gene editing in humans, particularly germline editing, remains a contentious issue. Regulatory agencies worldwide are grappling with the need to strike a balance between fostering innovation and ensuring safety and ethical considerations.
In this report, the Global Crispr Genomic Cure Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Crispr Genomic Cure Market.
Global Crispr Genomic Cure market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: