Gene Synthesis Market to Grow at an Excellent CAGR of 22.9% by 2029

Recent study report released by Data Bridge Market research titled Global Gene Synthesis Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. The Gene Synthesis Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2022-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Gene Synthesis industry.

These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. This Report studies industry growth, regional trends, size, market share, product scope, entry barriers, distributors profile, statistics, business opportunity, top players profile. The Gene Synthesis research report also provides marketing strategy, value chain, industry challenges, business risk, Porter’s Five Forces analysis, revenue and development plans in coming years.

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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.

The global 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 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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The Gene Synthesis Market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance.

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.

Key points covered in the report: –

• The pivotal aspect considered in the global Gene Synthesis Market report consists of the major competitors functioning in the global market.
• The report includes profiles of companies with prominent positions in the global market.
• The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
• The driving factors for the growth of the global Gene Synthesis Market are thoroughly explained along with in-depth descriptions of the industry end users.
• The report also elucidates important application segments of the global market to readers/users.
• This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
• The experts also evaluate the export/import policies that might propel the growth of the Global Gene Synthesis Market.
• The Global Gene Synthesis Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

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.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Gene Synthesis Market Landscape

Part 04: Global Gene Synthesis Market Sizing

Part 05: Global Gene Synthesis Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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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

Reasons to Buy:

• Review the scope of the Gene Synthesis Market with recent trends and SWOT analysis.
• Outline of market dynamics coupled with market growth effects in coming years.
• Gene Synthesis Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
• Regional and country level analysis combining Gene Synthesis Market and supply forces that are affecting the growth of the market.
• Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
• and strategies adopted by the players in the last five years.

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