RECENT DEVELOPMENTS:

February 2018: Kite and Sangamo therapeutics announce collaboration to develop next-generation engineered cell therapies for the treatment of cancer.
MARKET OVERVIEW:

Middle-East & Africa Genome Editing Market was worth USD 0.22 billion in 2018 and estimated to be growing at a CAGR of 13.98%, to reach USD 0.42 billion by 2023. Genome editing is a technique used to accurately and efficiently modify a cell's DNA using enzymes called modified nucleases. Genome editing corrects the defective DNA in its place of origin and has the potential to tackle various types of genome modification to treat a wide range of genetically defined diseases.

DRIVERS & RESTRAINTS OF THE MARKET:

The primary driver of the genome-modification market in the Middle East and Africa is the government's willingness to fund research and development in the field.
The prospects of finding remedies for currently incurable diseases, better health standards and health care in general, act as market drivers.
In addition to health care, genome editing also finds applications in the pharmaceutical, agricultural and biotechnology industries.
Although the market is undergoing future development in the coming years, factors such as the high costs associated with the equipment needed for the procedure, ethical concerns and probability of failure in modification act as constraints of the market.
To know more, read @ https://www.marketdataforecast.com/market-reports/mea-genome-editing-market-2797/

REPORT SEGMENTED AS:

Based on Application:

Cell Line
Animal Genetic
Plant Genetic Engineering
Based on Technology:

CRISPR
TALEN
ZFN
Antisense
Other Technologies
Based on End-user:

Biotechnological & Pharmaceutical Companies
Academic Institutes
Government Research Institutes
Contract Research Organizations
GEOGRAPHICAL SEGMENTATION:

Geographically, the market is segmented into the Middle East and Africa regions. Due to the unstable economic conditions, this region stands last in terms of market value globally, and the market growth is currently stagnant. The promising markets that are showing buoyant growth are Saudi Arabia, Qatar, UAE, and South Africa regions.

KEY MARKET PLAYERS:

Thermo Fisher Scientific
Merck KGAA
Horizon Discovery Group Plc
Genscript Biotech Corporation
Sangamo Biosciences
Integrated DNA Technologies
Lonza Group Ltd
New England Biolabs
Origene Technologies
Transposagen Biopharmaceuticals
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SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with colossal growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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