Japanese game designer Shinji Mikami, who created the original Dino Crisis in 1999, recently spoke in an interview about his thoughts on reviving the series.
According to him, even if he decided to take on Dino Crisis, the game would likely struggle to emerge from the shadow of Monster Hunter, another popular dinosaur-themed project.
The awesomeness of dinosaurs and the stuff you can do with dinosaurs, that's been kind of really nailed down by Monster Hunter in recent years. So even if I were to decide to make a remake or a new version of Dino Crisis, I don't really feel like there's a whole lot of space for that kind of game right now, just since Monster Hunter has become such a big game.
However, Shinji Mikami is not ready to return to survival horror games at the moment. He believes that it's better for him to stay away from this genre for now.