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Global CRISPR market to nearly double to $6.12B by 2031, driven by drug discovery and gene editing advances

Market News
27 Oct 2026, 18:02 WIB
Globe News Wire
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Bullish
Global CRISPR market to nearly double to $6.12B by 2031, driven by drug discovery and gene editing advances

The global CRISPR market is forecasted to grow from $3.48 billion in 2026 to $6.12 billion by 2031, at a CAGR of 12%. Growth is fueled by expanding use in drug discovery, gene therapy, precision medicine, and agriculture, alongside technological advances like base and prime editing. The US market is expected to lead growth due to strong research infrastructure and investment. Key players include Thermo Fisher Scientific, Merck, and Agilent Technologies, with rising demand for CRISPR kits and enzymes supporting market expansion.

As of Oct 27, 2026 22:22 WIB, Merck & Co., Inc. (MRK), a key player in the CRISPR market, trades at USD 142.41 with a 1-day gain of 1.28% on Pluang. Agilent Technologies (A), another major company in the sector, is priced at USD 177.65, up 0.96% for the day. The strong buying interest on Pluang, with 99% buy orders for MRK, highlights investor confidence in these stocks amid the expanding gene editing market.

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