Global Gene Synthesis Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Gene Synthesis Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Method (Oligonucleotide Synthesis (Solid Phase Phosphoramidite Synthesis, and Microchip-based Oligonucleotide Synthesis), and Gene Assembly (Ligation-mediated Assembly, and PCR-mediated Assembly)), End User (Academic and Research Institutes, Biopharmaceutical Companies, and Contract Research Organizations), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Gene Synthesis Market was valued at USD 2,045.6 million in 2023 and is expected to reach USD 6,752.6 million by 2031 while growing at a CAGR of 16.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global gene synthesis market growth. Gene synthesis, a lab technique, involves artificially creating a DNA sequence. Researchers design the sequence on a computer, specifying nucleotides to synthesize a new or modified gene.
Advancements in DNA sequencing technologies and the rising demand for customized DNA sequences are driving the growth of the gene synthesis market. However, challenges such as quality and reliability concerns, along with high synthesis costs, may impede market expansion.
Furthermore, the global gene synthesis industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Method Analysis
The Global Gene Synthesis Market is segmented among Oligonucleotide Synthesis, and Gene Assembly, based on Method. In 2023, Oligonucleotide Synthesis accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End User Analysis
The Global Gene Synthesis Market is segmented among Academic and Research Institutes, Biopharmaceutical Companies, and Contract Research Organizations, based on End User. In 2023, Academic and Research Institutes accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Gene Synthesis Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are ATUM (DNA2.0 Inc.), Bio Basic Inc., Beijing SBS Genetech Co. Ltd, Eurofins Genomics, Azenta (Genewiz Inc.), Genscript, Merck KGaA, OriGene Technologies Inc., and Thermo Fisher Scientific Inc. (GeneArt)
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Gene Synthesis Market Dynamics
Drivers
Restraints
Opportunity
4. Global Gene Synthesis Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Gene Synthesis Market Segmentation, By Method
Global Gene Synthesis Market Share Analysis, By Method
Global Gene Synthesis Market Growth Analysis, By Method
Global Gene Synthesis Market Trends, By Method
o Oligonucleotide Synthesis
Ø Solid Phase Phosphoramidite Synthesis
Ø Microchip-based Oligonucleotide Synthesis
o Gene Assembly
Ø Ligation-mediated Assembly
Ø PCR-mediated Assembly
6. Global Gene Synthesis Market Segmentation, By End User
Global Gene Synthesis Market Share Analysis, By End User
Global Gene Synthesis Market Growth Analysis, By End User
Global Gene Synthesis Market Trends, By End User
o Academic and Research Institutes
o Biopharmaceutical Companies
o Contract Research Organizations
7. Global Gene Synthesis Market Segmentation, By Region
Global Gene Synthesis Market Share Analysis, By Region
Global Gene Synthesis Market Growth Analysis, By Region
Global Gene Synthesis Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
ATUM (DNA2.0 Inc.)*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Bio Basic Inc.
Beijing SBS Genetech Co. Ltd
Eurofins Genomics
Azenta (Genewiz Inc.)
Genscript
Merck KGaA
OriGene Technologies Inc.
Thermo Fisher Scientific Inc. (GeneArt)
*Similar analysis will be provided for each company listed above.
