Genetic Engineering Industry: Analysis, Opportunity and Forecast to 2027
Genetic Engineering Industry 2021 The Genetic Engineering Industry is expected to grow at a rapid pace. The factors influencing the growth of the market include increasing technologies for gene, widespread use of genetic engineering found in developed countries, special attention towards stem cells, increasing use of genetic engineering in medicine and various others. Technology advanced products helps in treatment of various diseases. Organisms are also used for insulin production required for the treatment of patients suffering from diabetes. Hence, genetic engineering is expected to be an emerging technology in the field of medicine, enhancing the growth of this market. Increasing funding for research and development of medical products is further favouring the growth of the market. Global Genetic Engineering Industry is expected to reach USD 6.90 billion by 2027 at a CAGR of 12.48% during forecast period 2017 to 2027. Access Full Report Details and Order this Premium Repo