Gene Synthesis Market To Witness the Highest Growth Globally in Coming Years 2021 to 2026: Genescript, GeneArt (Thermofischer), IDT, Eurofins Genomics

Global Gene Synthesis Market Size, Status And Forecast 2021-2026

MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Gene Synthesis market, forecast for 2021-2026, covering all aspects of the market and providing up-to-date data on current trends.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis. The report also includes a detailed study of key companies to provide insights into business strategies adopted by various players in order to sustain competition in this highly competitive environment.

Over the next five years the Gene Synthesis market will register a 19.0% CAGR in terms of revenue, the global market size will reach US$ 745.1 million by 2026.

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With our Gene Synthesis market research reports, we offer a comprehensive overview of this sector and its dynamics. We have done extensive research on this topic and are confident that our findings will be helpful for anyone who needs some guidance or direction when making important decisions related to their company’s future growth strategy.

Top Companies in the Global Gene Synthesis Market: Genescript, GeneArt (Thermofischer), IDT, Eurofins Genomics, DNA 2.0 (ATUM), BBI, Genewiz, Gene Oracle, SBS Genetech, Bio Basic

Many contracts and agreements are also initiated by companies worldwide which are also accelerating the gene synthesis market.

For instance,

In February 2018, Twist Bioscience expanded its presence in North America with the opening of a new office in San Diego, California. The company has adopted this initiative in order to scale up the manufacturing of synthetic gene constructs and DNA constructs. This expansion allowed the company to design, validate and provide with on-demand orders to the customers.

In March 2021, Aldevron expanded its manufacturing facility at Madison. At this new facility, the company is scaling up the manufacturing of gene synthesis products, groundbreaking therapies among others. Through this expansion, the company has expanded its product manufacturing and boosted the project scope and scale

Global Gene Synthesis Market Split by Product Type and Applications:

This report segments the global Gene Synthesis market on the basis of Types are:

Below 1000 bp
1001-3000 bp
3001-5000 bp
Above 5000 bp

On the basis of Application, the Global Gene Synthesis market is segmented into:

Commercial
Academic Research
Regional Analysis For Gene Synthesis Market:

For a comprehensive understanding of market dynamics, the global Gene Synthesis market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Market Insights

Growing Applications of Gene synthesis in Healthcare to Drive Gene synthesis in Healthcare Market Growth

Gene synthesis is a mostly accepted tool in the fields of recombinant DNA technology, which includes recombinant protein production. For instance, in July 2018, Innovate UK, the UK’s innovation agency, funded an approximately US$ 1.76 million (£1.3 million) project, Evonetix Ltd, (UK) that will be in partnership with Durham University. The funds will be used for the development of a new enzymatic approach to DNA synthesis. Moreover, in April 2018, DNA Script received approximately US$5.5 million in grant funds from the European Commission and Bpifrance (French investment bank). The technology platform and other related resources are helping the company to accelerate the development of gene synthesis. Companies have also increased their research and development funds for the enhancement of gene synthesis. Additionally, in 2016, Twist Bioscience raised its revenue by US$ 61 million for the scale-up and commercial operation of the silicon chip-based high throughput low-cost gene synthesis platform.

Globally, gene synthesis has set the benchmark with its innovations and dynamic results. The industry has attracted various global leaders to invest in gene synthesis. For instance, in November 2017, Bolt Threads raised US$123 million in Series D funding that was led by Baillie Gifford along with the others such as, aforementioned Formation 8, Founders Fund, Fidelity Management, Research Company, and Temasek. Allen & Company LLC. Bolt Threads also announced in TechCrunch that it has added to the amount for Series D round, to sum up the amount of US$213 million. Additionally, in 2015, Zymergen received US$44 million funds from investors such as Transcript, AME Cloud Ventures, Data Collective, , VHF, Innovation Endeavors, Obvious Ventures, True Ventures, and Two Sigma Ventures.

Key Takeaways from Gene Synthesis Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.
Understand the different dynamics influencing the Gene Synthesis market - key driving factors, challenges, and hidden opportunities.
Get in-depth insights on your competitor's performance - Gene Synthesis market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the Gene Synthesis

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluates key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Gene Synthesis Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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