According to a 2019 BCC report titled "Genome Editing: Technologies and Global Markets", the global market for genome editing should grow from $1.4 billion in 2018 to $4.4 billion by 2023, with a compound annual growth rate (CAGR) of 25.7% for the period of 2018-2023. U.S. Market for genome editing should grow from $535 million in 2018 to $1.7 billion by 2023, with a CAGR of 26.6% within this period.