Gene prediction tools market is anticipated to grow at a CAGR of 18.3% during the forecast period. With the increasing emphasis on personalized medicines and precision healthcare, there is a rising demand for accurate gene prediction tools that assist in providing the impact of genetic variations on health and diseases. In order to cater to the rising demand, several market organization are focusing on launching new genome sequencing projectes which in turn to bolster the market growth. For instance, in August 2022, Mount Sinai Health System launched a genetic sequencing project with the Regeneron Genetics Center (RGC), part of New York-based biotechnology company Regeneron, which enrolls 1 million patients over five years to enhance precision medicine and improve patient care. It aims to gather data from racially and ethnically diverse patients to create a unique genomic datasets. Researchers will then use this datasets to assess the potential of precision medicine approaches in routine care and develop new therapies.
Segmental Outlook
The global gene prediction tools market is segmented based on its product, application, and end user. Based on product, the market is segmented into CRISPR/Cas9, ZFNs, TALENs, viral systems, transposon systems, and others. Based on application, the market is divided into veterinary medicine, cell line engineering, bioremediation, food and brewing development, food waste management, and bio sensing development. Based on end user, the market is categorized into biotech and pharma companies, academic and research institutes, and food industry. Among the end user, the food industry sub-segment is projected to grow at a favourable rate. The growth is attributed owing to the rising application of gene prediction tools for agriculture products, to detect weather, environments, and production systems in crops and animals to impact growth and productivity.
The CRISPR/Cas9 Segment Holds a Significant Share in the Global Gene Prediction Tools Market
The CRISPR/Cas9 segment is anticipated to lead the global gene prediction tools market. CRISPR/Cas9 or gene editing, also called genome editing, modifies an organism's DNA. This method replaces, adds, or removes genetic material from the genome. Increasing application of CRISPR/Cas9 in the agriculture and engineering field to reduce specificity, cost-effectiveness, turnaround time, and human errors, will drive the segment growth. In addition, the regulatory bodies are proving funding for developing novel gene editing tools, which further boost the segment growth. For instance, in 2021, the NIH provide Arizona State University and Bayer College of Medicine $1.6 million to test human genome editing. New solutions for genetic illnesses enhance CRISPR gene editing market growth.
Regional Outlooks
The global gene prediction tools market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific region is the fastest-growing region in the gene prediction tools market. The growth is mainly attributed owing to the high prevalence of chronic disorders and increasing acceptance of gene prediction tools among end user industries
Global Gene Prediction Tools Market Growth, by Region 2023-2030
The North America Region Holds a Prominent Market Share in the Global Gene Prediction Tools Market
Based on region, North America is anticipated to hold a major market share. The increasing prevalence of long-term chronic illnesses such as Alzheimer’s, heart disease, diabetes, and cancer among others and the rise in efficiency and effectiveness of genome editing methods with the help of gene prediction tools are the significant factors responsible for the growth of the gene prediction tools market. Additionally, the presence of major market players such as Pfizer, Novartis, Vertex Pharmaceuticals, and others that offer gene prediction tools to numerous verticals such as agriculture, biotechnology, engineering, and others will further drive the market growth in the region. For instance, in September 2022, Vertex Pharmaceuticals and CRISPR Therapeutics submitted a US approval application for a gene-editing medicine called exa-cell designed to treat two rare blood disorders. Exa-cel is the first marketed therapy based on the CRISPR gene editing technology which significantly alleviates the symptoms and burdens of sickle cell and beta-thalassemia.
Market Players Outlook
The major companies serving the global gene prediction tools market include Agilent Technologies, Inc., Bluebird Bio Inc., Crispr Therapeutics, Editas Medicine, Intellia Therapeutics, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, Thermo Fisher Scientific introduced its new protein, Invitrogen TrueCut HiFi Cas9 Protein, to complement its growing CRISPR gene editing solutions portfolio. Thermo Fisher’s growing portfolio of genome editing tools includes the Invitrogen TrueDesign Genome Editor, a free online tool to assist scientists in designing their genome editing experiments. The Invitrogen TrueCut HiFi Cas9 Protein eliminates off-target effects compared to wild-type Cas9 in several cell types, including T cells and induced pluripotent stem cells (iPSCs).
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Agilent Technologies, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Bluebird Bio Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Crispr Therapeutics
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Editas Medicine
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Intellia Therapeutics, Inc
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Gene Prediction Tools Market by Product
4.1.1. CRISPR/Cas9
4.1.2. ZFNs
4.1.3. TALENs
4.1.4. Viral Systems
4.1.5. Transposon Systems
4.1.6. Others (Antisense)
4.2. Global Gene Prediction Tools Market by Application
4.2.1. Veterinary Medicine
4.2.2. Cell Line Engineering
4.2.3. Bioremediation
4.2.4. Food and Brewing Development
4.2.5. Food Waste Management
4.2.6. Bio Sensing Development
4.3. Global Gene Prediction Tools Market by End User
4.3.1. Biotech and Pharma Companies
4.3.2. Academic and Research Institutes
4.3.3. Food Industry
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Azo life science
6.2. ERS Genomics
6.3. GeneCopoeia, Inc.
6.4. GenScript
6.5. Horizon Discovery Ltd.
6.6. Merck KGaA
6.7. National Human Genome Research Institute
6.8. New England Biolabs
6.9. Qiagen Inc.
6.10. Sangamo Therapeutics
6.11. Takara Bio Inc.
6.12. Thermo Fisher Scientific Inc.
1. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
2. GLOBAL CRISPR/CAS9 GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL ZFNS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL TALENS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL VIRAL SYSTEMS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL TRANSPOSON SYSTEMS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL OTHER GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
9. GLOBAL GENE PREDICTION TOOLS FOR VETERINARY MEDICINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL GENE PREDICTION TOOLS FOR CELL LINE ENGINEERING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL GENE PREDICTION TOOLS FOR BIOREMEDIATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL GENE PREDICTION TOOLS FOR .FOOD AND BREWING DEVELOPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL GENE PREDICTION TOOLS FOR FOOD WASTE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL GENE PREDICTION TOOLS FOR BIO SENSING DEVELOPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
16. GLOBAL GENE PREDICTION TOOLS IN BIOTECH AND PHARMA COMPANIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL GENE PREDICTION TOOLS IN ACADEMIC AND RESEARCH INSTITUTES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL GENE PREDICTION TOOLS IN FOOD INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. NORTH AMERICAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. NORTH AMERICAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT , 2022-2030 ($ MILLION)
22. NORTH AMERICAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
23. NORTH AMERICAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
24. EUROPEAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
25. EUROPEAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT,2022-2030 ($ MILLION)
26. EUROPEAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
27. EUROPEAN GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT,2022-2030 ($ MILLION)
30. ASIA-PACIFIC GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
32. REST OF THE WORLD GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
33. REST OF THE WORLD GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
34. REST OF THE WORLD GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
35. REST OF THE WORLD GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
36. REST OF THE WORLD GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
1. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022 VS 2030 (%)
2. GLOBAL CRISPR/CAS9 GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL ZFNS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL TALENS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
5. GLOBAL VIRAL SYSTEMS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL TRANSPOSON SYSTEMS GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
7. GLOBAL OTHERS (ANTISENSE) GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022 VS 2030 (%)
9. GLOBAL GENE PREDICTION TOOLS FOR VETERINARY MEDICINE MARKET RESEARCH AND ANALYSIS BY REGION,2022 VS 2030 (%)
10. GLOBAL GENE PREDICTION TOOLS FOR CELL LINE ENGINEERING MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
11. GLOBAL GENE PREDICTION TOOLS FOR BIOREMEDIATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
12. GLOBAL GENE PREDICTION TOOLS FOR FOOD AND BREWING DEVELOPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
13. GLOBAL GENE PREDICTION TOOLS FOR FOOD WASTE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
14. GLOBAL GENE PREDICTION TOOLS FOR BIO SENSING DEVELOPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
15. GLOBAL GENE PREDICTION TOOLS MARKET RESEARCH AND ANALYSIS BY END USER, 2022 VS 2030 (%)
16. GLOBAL GENE PREDICTION TOOLS IN BIOTECH AND PHARMA COMPANIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
17. GLOBAL GENE PREDICTION TOOLS IN ACADEMIC AND RESEARCH INSTITUTES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
18. GLOBAL GENE PREDICTION TOOLS IN FOOD INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
19. US GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
20. CANADA GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
21. UK GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
22. FRANCE GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
23. GERMANY GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
24. ITALY GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
25. SPAIN GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
26. ROE GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
27. INDIA GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
28. CHINA GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
29. JAPAN GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF ASIA-PACIFIC GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)
31. REST OF THE WORLD GENE PREDICTION TOOLS MARKET SIZE, 2022-2030 ($ MILLION)