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CRISPR Gene-Editing Market Growth Driven by Advances in Biotechnology
The global CRISPR gene-editing market is entering a transformative phase, with revenues projected to rise from US$ 5.06 billion in 2025 to US$ 11.02 billion by 2032, reflecting a compound annual growth rate (CAGR) of 11.8% during the forecast period. This surge highlights the expanding role of CRISPR technology in biotechnology, pharmaceuticals, agriculture, and beyond. Industry experts attribute this momentum to accelerating investments in genetic research, rising demand for innovative therapies, and the adoption of precision-editing technologies in crop engineering and drug development.
Historical Market Landscape: 2019 – 2024
Between 2019 and 2024, the CRISPR gene-editing industry witnessed steady expansion, driven by advances in genome engineering and increased research funding from governments and private organizations. Early adoption of CRISPR-based kits and enzymes in academic and research institutions played a pivotal role in building market momentum. Moreover, breakthroughs in agriculture, such as the development of pest-resistant crops and higher-yield varieties, helped…
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