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Gene Synthesis Market is Expected to Reach US$ 20,122.3 Million with 28.7% CAGR in 2025

04-26-2020 12:53 AM CET | Health & Medicine

Press release from: The Insight Partners

Gene Synthesis Market is Expected to Reach US$ 20,122.3 Million

The global gene synthesis market estimated to grow at a CAGR of 28.7% during the forecast period from 2018 to 2025. The gene synthesis market was valued at USD 2,866.1 Mn in 2017 and is estimated to reach US$ 20,122.3 Mn by 2025.

The global gene synthesis market is segmented on the basis of product & services, application, end user and geography. On the basis of product & services, the gene synthesis market is segmented into consumables, software and services. On the basis of application, the gene synthesis market is segmented into diagnostics, therapeutics, research & developmental activities and others. Based on end user, the gene synthesis market is classified as academic & research institutes, diagnostics laboratories, biotech & pharmaceutical companies and others.

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Gene synthesis is a technique of synthetic biology which is used to create artificial genes in the laboratory. The technique is used for molecular cloning, creating fusion proteins, or achieving sufficiently high protein expression levels. Compared to traditional molecular cloning techniques, the gene synthesis service is helpful in saving both time and money while offering unparalleled top to bottom customizability. The gene synthesis market is aimed to describe, define and estimate the forecast for market size of the gene synthesis till 2025. The report strategically analyzes macro and micro-markets to entail the major factors impacting the growth of the global gene synthesis market. The market report for gene synthesis is appropriate to cater the needs and demands of various stakeholders that include pharmaceutical, research institutes, biotechnology and medical companies in the form of research services.

The products & services segment is expected to accelerate the growth of the global gene synthesis market. Products such as consumables are used in the synthesis of DNA, which includes genetic analysers, DNA synthetizer, and peptide synthetizer. The consumables are used in the numerous stages of the gene synthesis procedures which include sample preparation, storing the samples and its purification, preparation of the library and quantification, and amplification. For instance, Illumina, Inc. offers Nextera DNA Library Prep Kit, ForenSeq DNA Signature Prep Kit, Nextera DNA Flex Library Prep, and Nextera Mate Pair Library Prep Kit for the library preparation in the gene synthesis.

The major players operating in the gene synthesis market include Thermo Fisher Scientific Inc, Integrated DNA Technologies, Inc., Twist Bioscience, OriGene Technologies, Inc., BioCat GmbH, GenScript, Eurofins Scientific, Bioneer Corporation, ATUM, GENEWIZ and among others. The global gene synthesis market is highly competitive and driven by large number of agreements, collaboration and partnerships.

Gene Synthesis Market Table of Contents:
1. Scope Of The Study
2. Key Takeways
3. Research Methodology
4. Gene Synthesis Landscape
5. Gene Synthesis - Key Market Dynamics
6. Gene Synthesis - Global Market Analysis
7. Gene Synthesis - Revenue And Forecasts To 2025 - Type
8. Gene Synthesis - Revenue And Forecasts To 2025 - End User
9. Gene Synthesis Revenue And Forecasts To 2025 - Geographical Analysis
10. Industry Landscape
11. Gene Synthesis, Key Company Profiles

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

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