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.
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