CRISPR Technology: Transforming Global Markets and Our Future | PR Newswire [Video]

“CRISPR is a gene-editing tool that makes precise DNA changes, advancing drug development, crop improvement, and disease research. It opens new business opportunities and offers solutions for genetic diseases and sustainable agriculture.“

, /PRNewswire/ — According to the latest study from BCC Research, the demand for CRISPR Technology: Global Markets was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029 at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

This report on CRISPR technology offers market predictions through 2029, examining how CRISPR is used across different fields like drug development, agriculture and diagnostics. It also looks at the users of CRISPR, including biotech and pharmaceutical companies, universities, government research institutes, and contract research organizations.

Interesting facts:

• With Casegvy’s approval in late 2023, the CRISPR market is set to grow, particularly in drug development for genetic and chronic …