Genetic Engineering Market Share, Share | Growth Drivers 2023
Ramkumarss29 Aug, 2023Business
Genetic Engineering Market size was valued at USD 4.8 billion in 2022 and is poised to grow at a significant CAGRof 15.55% during the forecast period 2023-2029. The alteration of genes in an organism or species to improve its skills is known as genetic engineering. Pharmaceutical and biotechnology firms, as well as clinical research institutions, utilise the technology. Gene therapy is the most extensively utilised therapeutic method for cancer and other infectious disorders in medicine. Genetic engineering Market alludes to the set of technologies that directly manipulate on an organism's genes, change the genetic makeup of cells and add one or more new traits that are not found in that organism.
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