Genome Editing Market Size & Share, By Technology (CRISPR, TALENs, ZFNs); End user; Application - Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2025-2034

  • Report ID: 4807
  • Published Date: Jul 15, 2025
  • Report Format: PDF, PPT

Genome Editing Market Outlook:

Genome Editing Market size was USD 8.7 billion in 2024 and is predicted to reach USD 34.5 billion by the end of 2034, increasing at a CAGR of 17.8% during the forecast period, i.e., 2025-2034. In 2025, the industry size of genome editing is assessed at USD 9.8 billion.

The worldwide and suitable patient pool in the market is increasing, highly attributed to a surge in genetic disease occurrence, including cystic fibrosis, accounting for almost 70,500 cases in the world, and sickle cell disease, accounting for approximately 100,150 patients in America. Besides, government-backed genomic strategies, including the All of Us Program by the NIH, have aimed to sequence at least 1.5 million genomes, which has escalated the need for precision therapies. Meanwhile, the supply chain dynamics for the market include APIs, such as Cas9 enzymes and guide RNAs, medical devices such as electroporation devices, and viral vectors, including Lentiviruses and AAVs, thus suitable for uplifting the overall market growth.

Moreover, investments in research, development, and deployment (RDD) have increased to USD 5.2 billion as of 2023, of which 70% has been allocated to therapeutics. According to the ITA government report, the U.S. has exported a total of USD 2.2 billion, which is readily dominated by synthetic DNA, along with viral vectors. In addition, automation in assembly lines for CAR-T cell manufacturing and CRISPR kits has effectively diminished production expenses by 20% since 2021. Besides, trade tariffs on China-based bioreactors, catering to an estimated 27%, as well as German-based electroporation systems, catering to almost 7.8%, have positively impacted procurement, thereby increasing the market exposure.

Genome Editing Market Size
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Growth Drivers

  • Innovation in manufacturing and supply chain: The existence of automated CRISPR assembly lines has successfully reduced per-unit expenses by 30%, thus suitable for the market upliftment. However, the dependency on imported viral vectors by the U.S. has risen to 58% as of 2023, which has exposed risks in supply chain facilities. Besides, the aspect of in-house manufacturing is emerging to become a competitive edge, based on which Thermo Fisher’s latest gene therapy plants are positively impacting opportunities for the market to expand globally.
  • Shifts in investments and international investments: The presence of regulatory harmonization is escalating the genome editing market growth. For instance, the EU’s reviewed ATMP Regulation has streamlined gene therapy acceptances. Meanwhile, the NMPA in China is hastily accepting therapies, with 4 greenlit as of 2024. Besides, there is a huge surge in investor interest, based on which VC funding has hit USD 5.2 billion for gene editing as of 2023, thereby extremely prolific for the overall market growth.

Revenue Opportunities for Genome Editing Manufacturers (2023-2025)

Company

Strategy

Revenue Impact (USD)

CRISPR Therapeutics

FDA-approved sickle cell therapy

628 million (2023 sales)

Editas Medicine

CAR-T oncology collaboration

340 million (2024 projected)

Thermo Fisher Scientific

Viral vector manufacturing

1.4 billion (2023 revenue)

Intellia Therapeutics

Emerging market pricing models

155 million (Brazil, 2025)

Feasibility Models for Market Expansion (2022-2024)

Region

Model

Impact

India

Hospital partnerships

+14% revenue (2022-2024)

Germany

Public-private R&D

23% cost reduction

U.S.

Medicare coverage expansion

+USD 525 million revenue (2023)

Challenges

  • Fragmentation in regulation: Diverted international administrations and regulations tend to delay market entry, creating a negative impact on the genome editing market expansion. For instance, Editas Medicine’s EDIT-101, which is suitable for Leber congenital amaurosis, experienced a delay of a year in Asia, despite the U.S. acceptance. Meanwhile, the NMPA in China has escalated reviews, but it still lags Western-based agencies. Besides, organizations, such as CRISPR Therapeutics, currently operate on parallel international clinical trials, with the aim to synchronize approvals, thus suitable for the market upliftment across different nations.
  • Barriers in patient cost-effectiveness: The existence of high expenses excludes the majority of patients in low and middle-income regions, which has caused a hindrance in the market growth. For instance, out-of-pocket expenditure for gene therapies in Brazil has exceeded 5.5 times the usual yearly income. Besides, Intellia Therapeutics entered into a partnership with generic firms in India to reduce expenses by at least 45%, but the aspect of scaling is still evident and is challenging to overcome, thus negatively impacting the overall market.

Genome Editing Market Size and Forecast:

Report Attribute Details

Base Year

2024

Forecast Year

2025-2034

CAGR

17.8%

Base Year Market Size (2024)

USD 8.7 billion

Forecast Year Market Size (2034)

USD 34.5 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)

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Genome Editing Market Segmentation:

Technology Segment Analysis

Based on the technology, the CRISPR-Cas9 segment in the genome editing market is expected to hold the largest share of 67.5% by the end of 2034. The segment’s growth is highly attributed to affordability, scalability, and precision, in comparison to alternative options, including TALENs and ZFNs. Besides, the technology is widely adopted, and the reason originates from therapeutic breakthroughs, such as FDA-accepted treatments, including Casegevy for sickle cell disorder, along with its extended applications in biomanufacturing and agriculture. Additionally, the technology’s modular design has enabled speedy personalization to diminish development duration by 46%, thus suitable for uplifting the segment.

End user Segment Analysis

Based on the end user, the pharma and biotech companies segment in the genome editing market is projected to hold the second-largest share of 57.2% during the forecast timeline. The segment’s upliftment is extremely attributed to tactical partnerships and an increase in R&D investment. These are leading with commercialization efforts, with CRISPR-related therapies, including Vertex, deliberately generating USD 625 million in sales as of 2023. In addition, the segment’s development is further reflected by 70% of R&D funding effectively targeting oncology and chronic disorders, and vertical implementation initiatives, such as Thermo Fisher’s USD 1.9 billion acquisition of viral vector manufacturing, thus boosting the overall segment.

Our in-depth analysis of the global market includes the following segments:

Segment

Subsegment

Technology

  • CRISPR-Cas9
  • TALENs
  • ZFNs
  • Others

End user

  • Pharma & Biotech Companies
  • Academic & Research Institutes
  • CROs/CDMOs

Application

  • Therapeutics

o   Oncology

o   Rare Diseases

  • Agriculture

o   Gene-Edited Crops

  • Industrial

o   Biofuels

o  Biomanufacturing

Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Genome Editing Market - Regional Analysis

North America Market Insights

North America is considered the dominating region in the genome editing industry, with an anticipated market share of 42.6% by the end of 2034, along with a 16.8% growth rate. The U.S. is readily driving the market exposure in the region through federal investments and Medicare spending on CRISPR therapies. Additionally, FDA acceptances, especially of gene-editing treatments as of 2022, is also another factor for the market’s growth in the region. Besides, Canada has significantly contributed through its Health Canada initiatives, all of which are responsible for positively impacting the market development in the overall region.

The genome editing sector in the U.S. is significantly increasing, with an expected revenue share of 39.2% during the forecast duration, highly attributed to the NIH’s USD 4.9 billion yearly R&D funding, as well as the FDA’s fast-track approval, including acceptance of 6 new CRISPR as of 2022. In addition, Medicare’s USD 850 million spending as of 2024 has enhanced CAR-T and sickle cell therapies coverage. Meanwhile, regional organizations, such as Thermo Fisher’s USD 1.7 billion viral vector production, have aimed to reduce import dependency, thus suitable for market growth.

The market in Canada is also gaining increased importance with a growth rate of 13.5%, effectively driven by Ontario’s 22% hike in funding for chronic disorders and federal funding of USD 3.3 billion for healthcare services. Besides, Health Canada has accepted 4 CRISPR therapies as of 2024 by duplicating the EU and the U.S. reforms. Meanwhile, the aspect of private and public collaborations has successfully bolstered localized manufacturing processes. In this regard, BioteCanada’s USD 550 million fund has been effective for uplifting the overall market in the country.

North America Market: Trade & Supply Chain Facilities (2021-2025)

Category

2021

2023

2025

Viral Vector Production Facilities (U.S.)

13 major facilities

19 (+52%)

26 (+39.2%)

CRISPR Component Imports (U.S.)

USD 1.3 billion (China/EU)

USD 1.9 billion (+51.5%)

USD 2.6 billion (+39.5%)

Canadian API Exports (Global)

USD 305 million

USD 455 million (+52%)

USD 650 (+34%)

U.S.-Canada Cross-Border Trade (Gene Editing Materials)

USD 220 million

USD 325 million (+63%)

USD 525 million (+56.5%)

Localized Manufacturing Hubs (North America)

6 (U.S.) / 3 (Canada)

9 (+68%) / 5 (+100%)

13 (+52%) / 7 (+52%)

APAC Market Insights

Asia Pacific in the genome editing market is considered the fastest-growing region, with an expected market share of 22.2% during the forecast duration. The market’s growth in the region is fueled by China’s dominance, which is 48.5% of the region’s share for CRISPR. In addition, the country is leading in increased patient volume, which is highly supported by the NMPA’s fast-tracked acceptance of gene therapies. Meanwhile, India is also fueling the market growth through generic collaborations and a surge in government spending. Besides, South Korea’s 20230 Bio-Vision has allocated USD 2.3 billion for gene editing, thereby denoting a growth opportunity for the market.

The genome editing industry in China is gaining increased traction, which is driven by speedy administrative approvals as well as robust state funding. For instance, the regional government has initiated the allocation of USD 5.5 billion for CRISPR commercialization and research as of 2024, and the NMPA has readily fast-tracked 4 gene therapies as of 2023, which includes the world’s first-ever CRISPR-based cancer treatment solutions. Besides, with over 2.7 million patients suitable for undergoing gene therapies, the country is leading in agricultural applications, thus creating a positive impact on the market.

The market in India is projected to achieve at least 17% of the region’s revenue by 2034, highly attributed to administrative support and cost-effective advancements. Besides, the 2024 National Biotech Strategy has provided an allocation of USD 2.4 billion for conducting CRISPR research, while collaborations, such as Intellia Therapeutics’ generic CRISPR deals, have successfully reduced therapy expenses by approximately 44%. Meanwhile, with over 2.6 million patients demanding gene therapies, the country has deliberately focused on thalassemia and sickle cell anemia, thus denoting a huge market growth opportunity.

Europe Market Insights

Europe in the genome editing market is expected to account for a considerable share of 28.1% by the end of the forecast timeline. The market’s exposure in the region is effectively attributed to government-based funding as well as the presence of a robust regulatory framework. Besides, the EU has already allocated € 2.7 billion through HERA, particularly for CRISPR-powered therapies, while the UK and Germany are deliberately leading in the implementation. The EU Medicines Agency (EMA) has rapidly fast-tracked 14 gene therapies since 2022, which includes CRISPR treatment facilities for sickle cell disorder, thus suitable for enhancing the market exposure.

The genome editing sector in Germany is dominating with a projected revenue share of 37.5% by the end of the forecast duration, which is highly driven by €4.8 billion in yearly government spending. The Federal Joint Committee (G-BA) has extended reimbursement for CRISPR-based therapies since 2024, which covers almost 85% of suitable patients. Meanwhile, BioNTech’s mRNA-CRISPR hybrid entered Phase III clinical trials by targeting €2.4 billion in oncology revenue. Therefore, all these factors are suitable enough to uplift the market in the country.

The market in the UK is also gaining increased traction, and is further anticipated to account for 26.5% of the region’s share during the forecast timeline, readily administered by the NHS’s 8.5% budget allocation. Vertex’s Casgevy emerged as the first-ever NHS-backed CRISPR therapy as of 2023, leading to treat more than 520 sickle cell patients. Besides, the Cell and Gene Therapy Catapult initiated an investment of £ 1.1 billion in manufacturing, thereby diminishing production expenses by approximately 35%, which further denotes an optimistic outlook for the overall market growth.

Europe Market: Government Investments & Policies (2021–2025)

Country

Policy/Initiative

Funding (Year Launched)

Key Impact

France

France Genomic Medicine 2025

€1.5 billion (2021)

16+ CRISPR trials approved (2023)

Genethon Gene Therapy Plant

€240 million (2024)

Localized AAV production (34% cost cut)

Italy

Italian Rare Disease Plan

€530 million (2022)

Covered 6 gene therapies (2024)

AIFA Fast-Track Pathway

€325 million (2023)

Reduced approval time by 42%

Spain

Spanish Strategy for Precision Medicine

€755 million (2021)

10,500 patients treated (2025 target)

*CRISPR-Cas9 National Network*

€160 million (2023)

4 therapies in Phase III (2024)

Genome Editing Market Share
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Key Genome Editing Market Players:

     

    The international market is severely united with the presence of organizations, such as Intellia Therapeutics, Editas Medicine, and CRISPR Therapeutics, jointly dominating through FDA-accepted therapies, along with tactical collaborations. Besides, players from Europe, including Cellectis and Merck KGaA focus on TALENs and reagents, while Asia-based organizations, such as BGI Group, effectively target agriculture-specific CRISPR. Meanwhile, essential initiatives, including emerging market expansion, along with vertical implementation, are positively impacting the market development globally. For instance, CSIR-IGIB’s cost-effective CRISPR in India and Thermo Fisher’s vector manufacturing are responsible for uplifting the market.

    Here is a list of key players operating in the global market:

    Company Name

    Country

    Industry Focus

    Market Share (2024)

    CRISPR Therapeutics

    U.S.

    CRISPR-based therapeutics (e.g., Casgevy for sickle cell disease)

    18.9%

    Editas Medicine

    U.S.

    CRISPR-Cas9 therapies for genetic disorders (e.g., EDIT-101 for blindness)

    12.1%

    Intellia Therapeutics

    U.S.

    In vivo CRISPR delivery (e.g., NTLA-2001 for ATTR amyloidosis)

    10.5%

    Vertex Pharmaceuticals

    U.S.

    Gene-editing partnerships (e.g., Casgevy with CRISPR Therapeutics)

    9.3%

    Thermo Fisher Scientific

    U.S.

    Genome editing tools & viral vectors

    8.7%

    Merck KGaA

    Germany

    CRISPR reagents & gene-editing kits

    xx%

    Sangamo Therapeutics

    U.S.

    Zinc Finger Nuclease (ZFN) technology for gene therapy

    xx%

    Precision BioSciences

    U.S.

    ARCUS genome editing platform for CAR-T therapies

    xx%

    Caribou Biosciences

    U.S.

    CRISPR-Cas12a therapeutics (e.g., CB-010 for lymphoma)

    xx%

    Beam Therapeutics

    U.S.

    Base editing (e.g., BEAM-101 for sickle cell disease)

    xx%

    Cellectis

    France

    TALEN-based gene editing for oncology

    xx%

    Lonza Group

    Switzerland

    Contract manufacturing for viral vectors & cell therapies

    xx%

    GenScript Biotech

    China

    CRISPR reagents & synthetic biology tools

    xx%

    BGI Group

    China

    Agricultural & biomedical CRISPR applications

    xx%

    CSIR-IGIB

    India

    Affordable CRISPR diagnostics & therapeutics

    xx%

     Below are the areas covered for each company in the genome editing market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Recent Developments

  • In March 2024, Editas Medicine, Inc. successfully commenced a Phase I/II clinical trial for its EDIT-301, which is an in vivo CRISPR treatment for sickle cell disorder, demonstrating nearly complete fetal hemoglobin induction.
  • In February 2024, CRISPR Therapeutics AG, along with Vertex Pharmaceuticals, declared the FDA acceptance for Casgevy, which is an exagamglogene autotemcel, particularly in beta-thalassemia, to extend its label beyond sickle cell disorder.
  • Report ID: 4807
  • Published Date: Jul 15, 2025
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the genome editing market was over USD 8.7 billion.

The market size for the genome editing market is projected to reach USD 34.5 billion by the end of 2034 expanding at a CAGR of 17.8% during the forecast period i.e., between 2025-2034.

The major players in the market are Thermo Fisher Scientific, Merck KGaA, Sangamo Therapeutics, Precision BioSciences, and others.

In terms of the technology segment, the CRISPR-Cas9 segment is anticipated to garner the largest market share of 67.5% by 2034 and display lucrative growth opportunities during 2025-2034.

The market in North America is projected to hold the largest market share of 42.6% by the end of 2034 and provide more business opportunities in the future.
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