Genome editing

Genome Editing And How It Can Help Change The World

With the ever-growing and diverse expertise of technology and science, we see discoveries every single day. Science is being used to help mankind solved so many ongoing concerns and make life easier. One such interesting discovery which is being practiced worldwide is Genome editing. 

What is Genome editing?

Genome editing, which also goes by the name of ‘gene editing’ is a form of genetic engineering wherein a DNA is either inserted, modified, replaced, or deleted in a living organism’s genome. Gene editing is the process of editing existing deformed genes or introducing edited healthier genes into the system. 

What is amazing is the fact that gene editing is not only limited to human beings. The scope for this extends to so many other living organisms. Right from the human beings, you see around you, to animals and the vegetables you eat, all of these living organisms can be used as subjects of genome editing.

Why is it done?

When it comes to life, everyone wants an excellent quality of living. Let us just say genome editing is a process that can help this aspect. In the case of human beings, this technology could be used to give real-time insights to edit the T-cells within our body to help identify cancer or to perhaps help create immunity for HIV patients. The potential of this is limitless. 

In the case of plants and animals around us, using this process to improve or modify an animal or plant DNA can help increase their levels of yielding. Doing this can help create better resistance towards diseases and can help them adapt to live under adverse conditions which otherwise would not have been possible in their original state. 

Gene editing also extends towards Biofuels, Polymers, and a lot more aspects that are still in the process of discovery.

Which tool is used for gene editing?

As of now there are a variety of tools available in the industry which include TALENs, ZFNs etc. However, at the moment, CRISPR/Cas9 is the most sought-after gene-editing tool that was launched in 2012 and has contributed towards making gene editing a simple and more accessible technology for scientists and biotechnology companies. Scientists are still working towards creating more such tools and other alternatives to this system.

Growth and market forecast

As per the Stallion Market Research, the global genome editing market is expected to grow from USD 5 billion in 2020 to USD 18 billion by the year 2028.

Finally, global CRISPR gene editing market was initially valued at USD 850 million back in 2019 and is now expected to reach around USD 11million by the year 2030, registering a compound annual growth rate of around 27% during the forecast.

Future potential

Gene editing has great potential and can help by giving real-time insights towards becoming the answer to several global crises. By increasing the yielding power of plants, a practical solution can be created to help grow crops in countries where resources are limited. Diseases can be cured before symptoms even arrive and personalized care can be provided to patients through analyzing their genetic make-up. 

This can help provide clean and affordable energy by modifying organisms to produce biofuels more efficiently which will lessen our reliability towards non-sustainable sources of energy that are destroying our planet.  

Since implanting all these ideas will take work, this will also help create quite a few job opportunities thereby contributing to the economy.

Someone once said, “With great power comes great responsibility”. If gene editing is exploited, it can cause huge amounts of damage. To prevent this, creating new policies and regulations extremely crucial and must be followed. Using this technology correctly can help unleash humongous benefits that can help transform the world.

Stallion Market Research is a global business research company, offering end to end market research and consulting services. Our market research reports contain details related to Product Portfolio Analysis, Market Forecast, Revenue analysis, Market Analysis and Segmental Analysis

To know more about the services we offer, click here.

Related Reports

  • Clinical Trial Management System Market 2021-2030 – Insights and Analysis in the US
  • DNA Sequencing Market 2021-2030 – Insights and Analysis in North America
  • Internet-of-Things (IoT) in Healthcare Market 2021-2030 – Insights and Analysis
  • Nanobiotechnology Market 2021-2030 – Insights and Analysis China
  • Next Generation Sequencing Market 2021-2030 – Insights and Analysis Europe
  • Synthetic Biology Market 2021-2030 – Insights and Analysis Asia Pacific 

Note: Consumer Goods Market Report, Healthcare Market Report, Pharmaceutical Market Report, and Chemical Market Report are available for global, regional, and country level.