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The CRISPR technology market size is forecast to increase by USD 2.72 billion at a CAGR of 18.51% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for the treatment of genetic diseases and the advent of CRISPR /Cas9. However, regulatory obstacles, ethical issues, and intellectual property conflicts pose challenges to market expansion. Regulatory agencies are closely monitoring CRISPR applications to ensure safety and ethical use. Ethical concerns surround the potential misuse of CRISPR technology, including gene editing of human embryos. Intellectual property conflicts arise from patent rights and license terms for CRISPR -related DNA sequences and nucleases. Additionally, adjacent markets, such as agriculture and industrial applications, offer opportunities for market expansion. Addressing these challenges through collaborative efforts and clear regulatory guidelines will be crucial for the continued growth of the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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