WASHINGTON and NEW YORK and LONDON, March 16, 2017 /PRNewswire/ -- The recently discovered gene-editing tool known as CRISPR is generating huge buzz among scientists, investors, ethicists, and the media alike. Harvard University describes CRISPR as "game-changing." Nature dubs it "the disrupter." Wired predicts that CRISPR "will remake the world."
A recent report published by Inkwood Research, a market intelligence firm, profiles 16 major players in this rapidly developing field. Editas Medicine, CRISPR Therapeutics, Horizon Discovery Group plc, Sigma-Aldrich, and GenScript are among the top companies covered in the report, in addition to many others.
Check out the report here: Global CRISPR Market Forecast 2016-2022
According to the report's data, the CRISPR market has potential for enormous growth:
- The global CRISPR market is expected to grow at an astonishing compound annual growth rate (CAGR) of 35% from 2016 to 2022.
- The number of scientific papers on CRISPR has skyrocketed, from below 200 papers in 2012 to more than 1,200 papers in 2015.
MarketResearch.com highlighted this new report in a blog post that explains key market drivers and restraints. "Increasing demand in drug discovery, late pregnancies leading to birth disorders, and aging genetic disorders are a few of the market drivers. The rise of genome editing is not without controversy, however. The possible misuse of CRISPR gene editing tools is an ongoing ethical concern and a restraint on the market," the blog states.
See MarketResearch.com's blog post on the CRISPR market for more information.
About MarketResearch.com
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance.
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SOURCE MarketResearch.com
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