Gene Synthesis Software Market to Notice Prominent Growth of Billion by 2030

PRESS RELEASE
Published November 8, 2023

Data Bridge Market Research recently completed an extensive market intelligence study, conducting a thorough analysis of the Gene Synthesis Software Market. The freshly released report is designed with an attractive layout, effectively presenting crucial data using visually engaging tables, graphs, charts, and figures.

The Gene Synthesis Software market report serves as a comprehensive analysis of the Gene Synthesis Software industry, encompassing an assessment of the parent market. This global report estimates the market’s status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors, and Porter’s Five Forces Analysis. It identifies and analyzes emerging trends, major drivers, challenges, and opportunities within the Gene Synthesis Software industry, providing analysis on vendors, geographical regions, types, and applications. The report meticulously examines inhibitors and motivators of the market in both quantitative and qualitative manners to ensure users have comprehensive information.

The report on the Gene Synthesis Software market lucidly explains market definitions, classifications, applications, engagements, and market trends within the industry. Moreover, it details market drivers and restraints, providing insights into the rise or fall in consumer demand for specific products based on various factors. The global Gene Synthesis Software market report evaluates industry capabilities for each geographical region based on customer purchasing patterns, macroeconomic parameters, development rates, and the states of market demand and supply. Additionally, it assesses the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market.

Data Bridge Market Research analyses that the gene synthesis software market is expected to reach USD 5.75  billion by 2030, which is USD 1.47 billion in 2022, and is expected to undergo a CAGR of 18.6% during the forecast period 2022 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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 It has been witnessed that supportive government policies related with synthetic biology are the major driving factors of the market. Scientific communities are discovering untapped avenues in the space, thus leading to revenue growth. The traditional methods of cloning and mutagenesis are quickly being substituted by de novo gene synthesis, which also allows nucleic acid production.

Key Growth Drivers:

  • Increasing demand of solid-phase synthesis

The solid-phase synthesis came into much limelight in recent years. The high accuracy of this method boosts its disposition among therapy developers and research settings. Though, its high cost and low output hamper its usage in some cases, are creating much opportunities for other methods. PCR- and other chip-based methods are projected to show major CAGRs during the forecast period. These methods permit the synthesis of larger fragments at a much lower rate, leading to their increased usage. Additionally, the PCR-based method offers high accuracy of the gene sequence using cell systems.

  • High use of personalized medicine

Growing demand for personalized medicines has led the way for genomics that demands the error-free gene sequences at a much low cost in a very short period, therefore acts as an opportunity for the gene synthesis market.

The report outlines the involvement of key players, including:

GenScript (China), Sangamo Therapeutics (U.S.), Eurofins Genomics (Japan), ATDBio Ltd (U.K.), BIONEER CORPORATION. (South Korea), Kaneka Eurogentec S.A. (Belgium)., GENEWIZ Germany GmbH (Germany), Twist Bioscience (U.S.), Synthetic Genomics (U.S.), Codexis Inc. (U.S.), Synthego (U.S.), Creative Enzymes (U.S.), Eurofins Scientific (Luxembourg), Cyrus Biotechnology Inc. (U.S.), ATUM (U.S.), TeselaGen (U.S.), Arzeda (U.S.), Integrated DNA Technologies Inc. (U.S.), New England Biolabs (U.S.), Quintara Biosciences (U.S.), Genome Medical, Inc. (U.S.), BioMed Central Ltd (U.K.)

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Key Market Segmentation

Application (Research and Development Activities, Diagnostics, Therapeutics, Others) End User (Academic and Research Institutes, Biotech and Pharmaceutical Companies, Diagnostic Laboratories, Others), Synthesis Type (Gene Library Synthesis, Custom Gene Synthesis), Method (Solid Phase Synthesis, Chip-Based DNA Synthesis, PCR-Based Enzyme Synthesis), End User (Hospitals, Trauma Centres, Ambulatory Surgical Centres and Other), Distribution Channel (Direct Tender and Retail Sales)

The Gene Synthesis Software market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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