The U.S. genome editing market was valued at USD 3.49 billion in 2023 and is projected to reach USD 10.69 billion by 2030, growing at a CAGR of 16.5% from 2024 to 2030. This robust growth is primarily driven by increasing demand for synthetic genes, the widespread application of CRISPR technology, and significant government funding. Additional growth factors include advancements in R&D, the production of genetically modified crops, and the expansion of genomics projects. Innovations in gene editing tools have greatly enhanced molecular biology and gene therapy, with user-friendly gene therapy platforms and the ability to conduct large-scale genome-wide analyses further contributing to market expansion.
In 2023, the U.S. represented more than 43.9% of the global genome editing market, marking its strong position in the industry. The emergence of advanced technologies that facilitate straightforward editing of genomic DNA has opened a new chapter in therapeutic development. Genome editing holds the potential to elevate precision medicine, and upcoming regulatory approvals for clinical trials and research involving gene editing therapies are expected to accelerate their adoption. Promising results from preclinical and early-stage trials are likely to encourage product launches and generate new opportunities within the market.
The demand for synthetic genes and the increasing use of CRISPR genome editing across various biotech sectors have significantly contributed to recent market expansion. Continued growth is expected due to rising public and private investment, government-backed genomics initiatives, and the growing use of genetically modified crops. CRISPR-based diagnostics also support this trend—highlighted by innovations like the VaNGuard (Variant Nucleotide Guard) test, developed in March 2021 at Nanyang Technological University, which can detect mutated strains of SARS-CoV-2. This reinforces the role of CRISPR technology in diagnostics and pandemic preparedness.
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Key Market Trends & Insights
Market Size & Forecast
Key Companies & Market Share Insights
U.S.-based genome editing companies are actively forming licensing agreements with technology providers to reinforce their market position. Many are pursuing acquisitions, partnerships, and strategic collaborations to expand their market share.
For instance, in April 2022, Thermo Fisher Scientific launched the Gibco CTS TrueCut Cas9 Protein, a high-performance tool designed to assist researchers transitioning from laboratory studies to therapeutic applications using genome editing. The product has shown strong performance in CRISPR-Cas9 research, particularly for CAR T-cell therapy, consistently achieving over 90% efficiency in human primary T-cells and high editing success across various cell types.
Key Players
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Conclusion
The U.S. genome editing market is on a trajectory of rapid growth, fueled by innovation in CRISPR technologies, government funding, and increasing demand from biotech and pharmaceutical sectors. With a projected CAGR of 16.5%, the industry is expected to more than triple in size by 2030. CRISPR/Cas9 technology, in particular, continues to drive advancements in gene therapy and diagnostics. Additionally, contract-based services and genetic engineering applications are seeing strong uptake. As clinical research progresses and regulatory pathways become clearer, genome editing is poised to become a cornerstone of precision medicine and therapeutic innovation in the coming years.