Global Genetic Modification market cagr 6.50%

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Genetic Modification Market

Genetic Modification Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Genetic Modification Market Size and Growth

The genetic modification market is witnessing robust growth, driven by advancements in biotechnology and increasing demand for genetically modified organisms (GMOs) in agriculture. The market size is projected to reach approximately $34 billion by 2027, reflecting expanding applications in food production, pharmaceuticals, and industrial biotechnology amid evolving regulatory landscapes.

Companies Covered

(Covid 19 Impact Covered)

◍ Thermo Fisher Scientific

◍ GenScript

◍ Amgen

◍ Merck

◍ Transposagen Biopharmaceuticals

The genetic modification market features key players like Thermo Fisher Scientific, GenScript, Amgen, Merck, and Transposagen Biopharmaceuticals. These companies provide innovative tools and services for gene editing, enhancing research and therapeutics. Their advancements drive market growth through expanded applications in healthcare and agriculture.

- Thermo Fisher Scientific: $39 billion (2022)

- Amgen: $26 billion (2022)

- Merck: $59 billion (2022)

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Market Segmentation

By Application

Medicine

Research

Industrial

Agriculture

Others

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By Product

Molecular Cloning

Gene Delivery

Genome Editing

$ 45.51 Billion

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Global Genetic Modification market cagr 6.50% by ReportPrime - Issuu