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Enzymatic DNA Synthesis Market Report Covers Detailed Industry Scope, Future Scenario and Outlook to 2028

05-19-2023 12:55 PM CET | Health & Medicine

Press release from: Premium Market Insights

Enzymatic DNA Synthesis Market

Enzymatic DNA Synthesis Market

The "Enzymatic DNA Synthesis Market" value is projected to reach US$ 2,244.88 million by 2028 from US$ 240.96 million in 2022; it is estimated to record a CAGR of 45.1% from 2022 to 2028.

The rising prevalence of genetic disorders and the surging number of product launches are the major factors contributing to the growing market size. However, high costs and complex procedures hinder the enzymatic DNA synthesis market growth.

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Companies Profiled in this report includes:

• Telesis Bio Inc
• Evonetix
• Ansa Biotechnologies, Inc.
• Camena Bio
• GenScript Biotech Corp.
• Molecular Assemblies
• DNA Script
• Touchligh
• Synbio Technologies
• Twist Bioscience

Surging Number of Product Launches Drives Growth of Enzymatic DNA Synthesis Market:

Advancements in medical technologies and an increase in investments in R&D by manufacturers have resulted in the launch of various modern systems for genetic and molecular biology studies. Companies in the enzymatic DNA synthesis market are involved in different product development activities.

• In April 2022, DNA Script launched a new program for the customers of its SYNTAX System. Under this program, organizations receive early access to the latest advancements in their EDS technology. To add to the DNA Scriptors Early Access Program, the members already include the London Biofoundry and the BASE facility at the University of Queensland (UQ), Australia.
• In November 2021, OriCiro Genomics Inc. launched the OriCiro Cell-Free Switching system.
• In June 2021, DNA Script commercially launched its SYNTAX platform with the first product-the SYNTAX System. This system is the first benchtop nucleic acid printer powered by enzymatic DNA synthesis (EDS) technology. The SYNTAX System is a fully integrated, automated printer that synthesizes 96 DNA oligos in parallel, each of length of up to 60 nucleotides, and delivers them ready for use in molecular biology and genomics workflows, eliminating the need for additional handling.
• In January 2021, Codex DNA, Inc. signed a strategic collaboration and licensing agreement with Pfizer to access and further develop the novel EDS technology of Codex DNA for its potential application in Pfizer's mRNA-based vaccines and other biopharma products.

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Enzymatic DNA Synthesis Market Segmentation:

By Product Type:
• Custom DNA Synthesis
• DNA Library Synthesis

By Application:
• Synthetic Biology
• Genetic Engineering
• Therapeutic Antibodies
• Vaccine Design

By Technology:
• SOLA
• CRISPR
• PCR

New storage technologies are required to keep up with the global needs of data generation. Genetic code are perceived to be million-times more efficient at storing data than existing solutions, which are expensive, and consume immense power and space. DNA as a high-density data storage medium can drive breakthroughs in next-generation biosensing and bio-recording technology, and digital storage. DNA data storage is experiencing incredible growth with even giants from non-biological fields, such as Microsoft, entering the space. Enzymatic synthesis of DNA is considered to be a promising approach. Enzymatic systems synthesize DNA that records rapidly changing environmental signals directly into DNA sequences, a method that could change how scientists study and record neurons in the brain. Thus, growing efforts to harness multiplex enzymatic oligonucleotide synthesis in the context of important applications such as digital data storage will usher in a new era of scientific research and biotechnology.

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