Gene Synthesis Market is Expected to Touch USD 9,121.31 Million by 2029

PRESS RELEASE
Published August 16, 2023

Gene Synthesis Market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 22.9% in the forecast period of 2022 to 2029 and is expected to reach USD 9,121.31 million by 2029 from USD 1,726.26 million in 2021.

Gene synthesis is the process of creating artificial genes in a lab setting using synthetic biology. The generation of recombinant proteins is one of the numerous applications of recombinant DNA technology, where gene synthesis is emerging as a key instrument. The traditional methods of cloning and mutagenesis are quickly being replaced by de novo gene synthesis, which also enables the production of nucleic acids for which there is no template.

Gene synthesis refers to the chemical synthesis of DNA strand base-by base. Unlike DNA replication that occurs in cells or by Polymerase Chain Reaction (PCR), gene synthesis does not require a template strand. Rather, gene synthesis involves the step-wise addition of nucleotides to a single-stranded molecule, which then serves as a template for creating a complementary strand. Gene synthesis is the fundamental technology upon which the field of synthetic biology has been built.

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Recent Development

  • In December 2020, Twist Bioscience launched clonal-ready gene fragments so as to complete the offering of genes. The fragments launched can be used with adapters or without adapters in order to build up the perfect clones. The clonal-ready gene fragments are compatible with the protein expression pathways, enzyme engineering, and gene expression, among others.
  • In 2020, according to an article published in an ACS journal, a total estimated 19.3 million new cancer cases and almost 10.0 million cancer deaths were reported worldwide. This suggests that cancer coverage is suboptimal, and there is a great need to implement high cancer coverage all over the world.

Some of the major players operating in the gene synthesis market are ATDBio Ltd (Subsidiary of Biotage), General Biosystems, Inc., MACROGEN CO., LTD., Boster Biological Technology, Creative Biogene, Bioneer Pacific, exonbio, trenzyme GmbH, Twist Bioscience, BioCat GmbH (Subsidiary of AddLife AB), OriGene Technologies, Inc., Integrated DNA Technologies, Inc. 9Subsidiary of Danaher Corporation), Eurofins Scientific, NZYTech, Lda. – Genes and Enzymes, Ansa Biotechnologies, Inc., Thermo Fisher Scientific, Genescript, Synbio Technologies, Proteogenix, Bio Basic Inc., ATG:biosynthetics GmbH, Merck KGaA, Kaneka Eurogentec S.A, Ginkgo Bioworks, Bbi-lifesciences, Evonetix, ProMab Biotechnologies, Inc., GCC Biotech (INDIA) Pvt. Ltd., CSBio, Azenta US, Inc., and among others.

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Global Gene Synthesis Market Scope

Global gene synthesis market is segmented into component, gene type, gene synthesis type, application, method, end user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Component

  • Synthesizers
  • Consumables
  • Software & services

On the basis of component, the global gene synthesis market is segmented into synthesizers, consumables, and software & services.

Gene Type

  • Standard gene
  • Express gene
  • Complex gene
  • Others

On the basis of gene type, the global gene synthesis market is segmented into the standard gene, express gene, complex gene and others.

Gene Synthesis Type

  • Gene library synthesis
  • Custom gene synthesis

On the basis of gene synthesis type, the global gene synthesis market is segmented into gene library synthesis, and custom gene synthesis.

Application

  • Synthetic biology,
  • Genetic engineering,
  • Vaccine design,
  • Therapeutics antibodies
  • Others

On the basis of application, the global gene synthesis market is segmented into synthetic biology, genetic engineering, vaccine design, therapeutics antibodies, and others.

Method

  • Solid based synthesis,
  • Chip-based DNA synthesis
  • PCR-based enzyme synthesis

On the basis of the method, the global gene synthesis market is segmented into solid based synthesis, chip-based DNA synthesis, and PCR-based enzyme synthesis.

End User

  • Academic & research institutes,
  • Diagnostics laboratories,
  • Biotech & pharmaceutical companies
  • Others

On the basis of end user, the global gene synthesis market is segmented into academic & research institutes, diagnostics laboratories, biotech & pharmaceutical companies, and others.

Distribution Channel

  • Direct tender
  • Online distribution
  • Third party distributors

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Gene Synthesis Market

Chapter 3: Regional analysis of the Global Gene Synthesis Market industry

Chapter 4: Gene Synthesis Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

For More Insights Get Detailed TOC @

https://www.databridgemarketresearch.com/toc/?dbmr=global-gene-synthesis-market&dv

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