Dublin, Jan. 23, 2026 (GLOBE NEWSWIRE) — The “Genetic Engineering Tool Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031” has been added to ResearchAndMarkets.com’s offering.
The Global Genetic Engineering Tool Market is projected to expand from USD 22.09 Billion in 2025 to USD 28.57 Billion by 2031, reflecting a CAGR of 4.38%. A primary catalyst for growth is the rapid technological evolution of genome editing platforms, specifically the progression of CRISPR-Cas9 from a laboratory concept to a clinically proven therapeutic method.
This advancement forces tool providers to engineer highly refined, high-fidelity reagents and automated systems that satisfy the strict standards necessary for human use. The trend toward precision medicine establishes a direct connection between the quality of engineering tools and the commercial success of gene therapies. For example, Vertex Pharmaceuticals announced in January 2024 that the US FDA approved CASGEVY, the first CRISPR/Cas9 gene-edited therapy for transfusion-dependent beta-thalassemia, a milestone that validates the maturity and utility of these modern editing suites.
Concurrently, a significant increase in private and public funding for biotechnology ventures and genomic research is driving the acquisition of advanced engineering instrumentation. Large capital infusions allow emerging biopharmaceutical firms to expand their R&D capabilities, thereby boosting the purchase volume of hardware and consumables from tool manufacturers. This financial momentum extends beyond startups to major syndicates backing new platform technologies; Fierce Biotech reported in March 2025 that Xaira Therapeutics raised a record $1 billion to further AI-led drug discovery. Such a strong investment landscape supports the supply chain and results in tangible outcomes, with the Alliance for Regenerative Medicine noting in 2025 that the sector saw nine new product approvals the previous year, maintaining demand for validated tools.
Market Challenges
The Global Genetic Engineering Tool Market faces a formidable barrier in the form of strict regulatory frameworks and ethical issues regarding off-target effects. These compliance demands compel developers to undertake extensive and prolonged safety studies to demonstrate that gene-editing interventions do not induce unintended genomic changes. As a result, the progression of therapeutic candidates from clinical research to commercial manufacturing faces significant delays. This slowdown directly impedes market expansion for tool providers, as the expected transition from low-volume research reagent use to high-volume commercial procurement is continually pushed back.
The consequences of this regulatory bottleneck are highlighted by the gap between the active development pipeline and actual market launches. According to the Alliance for Regenerative Medicine, the sector managed only nine new product approvals globally in 2024. This restricted number of commercial authorizations limits the addressable market for large-scale genetic engineering supplies. Consequently, tool manufacturers experience slower revenue growth from their advanced platforms, as the industry grapples with navigating the intricate approval processes necessary to deliver these technologies to patients.
Market Trends
The incorporation of artificial intelligence to optimize guide RNA design is fundamentally transforming the creation of genetic engineering tools by minimizing trial-and-error delays. Developers are utilizing foundation models to predict molecular interactions with exceptional speed, enabling the production of highly specific editors that reduce off-target risks. This technological advancement directly supports the generation of high-fidelity reagents needed for complex genomic modifications. For instance, NVIDIA announced in February 2025 that its Evo 2 foundation model, trained on nearly 9 trillion nucleotides, is now available to accurately forecast the function and form of genetic sequences and proteins.
Simultaneously, the growth of gene editing in climate-resilient agriculture is fostering a specific market segment dedicated to versatile, high-throughput plant breeding systems. In contrast to human therapeutics, this sector requires broad-spectrum editing suites that can improve crop endurance against environmental stressors in various regions. This trend involves licensing proprietary editing architectures to global research groups to speed up the deployment of enhanced staple crops. As an example, Pairwise announced in June 2025 that it licensed its Fulcrum platform to CIMMYT to accelerate trait development across 20 countries.
Key Players Profiled in the Genetic Engineering Tool Market:
- Thermo Fisher Scientific Inc.
- Lonza
- Cibus
- Recombinetics Inc.
- Sangamo
- Merck KGaA
- Precision Biosciences
- OriGene Technologies Inc.
- Intellia Therapeutics Inc.
- Caribou Biosciences Inc.
Report Scope
In this report, the Global Genetic Engineering Tool Market has been segmented into the following categories:
Genetic Engineering Tool Market, by Type:
- Genome Scale Editing Tools
- Genome Scale Engineering Tools
Genetic Engineering Tool Market, by Therapeutic Area:
- Sickle Cell Disease
- Heart Disease
- Diabetes
- Alzheimer’s Disease
- Obesity
- Others
Genetic Engineering Tool Market, by End User:
- Biotechnology & Pharmaceutical Companies
- Academic & Research Institutions
- Others
Genetic Engineering Tool Market, by Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Key Attributes
| Report Attribute | Details |
| No. of Pages | 185 |
| Forecast Period | 2025-2031 |
| Estimated Market Value (USD) in 2025 | $22.09 Billion |
| Forecasted Market Value (USD) by 2031 | $28.57 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/2hjgyt
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- Genetic Engineering Tool Market
