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(MoneyNewsWire.Net, October 23, 2017 ) The Middle-East & Africa Genome Editing Market was worth USD 1.13 billion in 2016 and estimated to be growing at a CAGR of 13.98%, to reach USD 2.18 billion by 2021. Genome editing is a technique used to precisely and efficiently modify DNA within a cell using enzymes called engineered nucleases. There are several different types of engineered nucleases in genome editing, all of them having a nuclease part to cut the DNA and a targeting part to recognize where to make the cut. CRISPR-Cas 9 is the most common, cheap and efficient system used for genome editing.
Gene therapy is a medical technique wherein a new gene is transferred into cells to augment a defective gene. However, Gene therapy does not remove or modify the defective DNA and is generally suited only for a limited set of genetically defined diseases. Genome editing, on the other hand, corrects the defective DNA in its native location. The diversity of genetic drivers of disease demands a diversity of solutions. And genome editing has the potential to tackle a variety of types of genome modification to address a broad range of genetically defined diseases.
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The key driver of the Genome Editing Market in Middle-East & Africa is the government willingness to fund research and development in the field. The prospects of finding cures for currently incurable diseases and also better health standards and healthcare in general act as drivers for the market.
Other than healthcare, genome editing also finds applications in pharmaceutical, agricultural and biotechnological industries. Even though the market holds further development in the coming years, it is brought down to earth by factors such as the high costs associated with the equipment needed for the procedure. As always, ethical concerns are always a concern whenever modification of nature is involved.
Additionally, the probability of mishaps in modification is another restraint.
The Middle-East & Africa Genome Editing market is broadly classified into Cell Line, Animal Genetic and Plant Genetic Engineering in the basis of application, by technology into CRISPR, TALEN, ZFN, Antisense and Other Technologies and on the basis of end user into Biotechnological & Pharmaceutical Companies, Academic and Government Research Institutes and Contract Research Organizations. Based on geography, the Middle-East & Africa market is analysed under Middle-East and Africa. At present, it forms just a small part of the global market share with Middle-East & Africa generating the least revenue. Regions that show promise in the market are Saudi Arabia, Qatar, UAE and South Africa.
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The Genome Editing market is highly competitive with a large number of players. Some of the major ones are 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, and Transposagen Biopharmaceuticals.
Market Segmentation
1) Application
Introduction
Cell Line Engineering
Animal Genetic Engineering
Plant Genetic Engineering
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
2) Technology
Introduction
CRISPR
TALEN
ZFN
Antisense
Other Technologies
Growth Analysis, By Technology
Market Attractiveness Analysis, By Technology
Market Share Analysis, By Technology
3) End User
Introduction
Biotechnological & Pharmaceutical Companies
Academic and Government Research Institutes
Contract Research Organizations
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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Reasons to buy Middle-East & Africa Genome Editing Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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