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Genome Editing Market Analysis & Trends 2025

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Increased government funding and growth in number of genomics projects to drive global genome editing market until 2025

According to TechSci Research report, “Global Genome Editing Market By Technique, By Applications, By Source, By End-User, By Region, Forecast & Opportunities, 2025”, the global genome editing market is expected to witness substantial growth and is projected to grow at a robust CAGR during the forecast period owing to its application in a large number of areas, such as mutation, therapeutics, and agriculture biotechnology. The major factors propelling growth of genome editing market are increasing prevalence of cancer and other genetic disorders, prevalence of infectious and chronic diseases like hepatitis, tuberculosis, malaria and growth of biotechnology and pharmaceutical industries.

The number of research activities for the treatment of chronic diseases using genome editing technology is increasing, which is further driving the market growth. Additionally, technological advancements in the biotechnology sector are giving boost to the demand for genome editing, globally. Moreover, developing countries are serving as emerging market for the growth of genome editing. This can be majorly attributed to the continuous research and development activities and funding from various research organizations.

However, the global genome market also has some restraints. There are some risks and ethical issues associated with genome editing which hampers the market growth. Genetic alteration of human germline for medicinal purposes is a debatable issue. Many researchers and scientists have advocated for the ban or prohibition of genome editing fearing its illegal usage. Also, lack of skilled professionals, high equipment cost, and negative public opinion about genetic research are posing as a threat for the market growth.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on" Global Genome Editing Market" - https://bit.ly/2WJ8Abn

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