Point mutation has a wide range of applications that benefit various industries, particularly the medical industry. These are some of the more common applications of point mutations: 

• Point mutation is often induced to target various cancer cells. This is done by using different mutations to remove a particular nucleotide. 
• In molecular therapy, point mutation is widely used to alter genes that are associated with pathological conditions. 
• Beneficial characteristics can be introduced into various organisms as a way to counteract heritable mutations. This can be done using point mutations. 
• Point mutation is involved in mutational breeding, a process that helps improve crops by using mutagens to induce desirable mutations in various plant species.