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Gene Synthesis Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Industry Overview, Opportunity Assessment And Top Companies Genscript Biotech Corporation, Brooks Automation Inc. (GENEWIZ), Boster Biological Technology Ltd., Twist Bioscience Corp.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Gene Synthesis Market Size, Growth Rate, And Forecast
The global gene synthesis market size is expected to grow from $2.32 billion in 2022 to $2.80 billion in 2023 at a compound annual growth rate (CAGR) of 20.43%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global gene synthesis market size is expected to reach $5.81 billion in 2027 at a CAGR of 20.05%.
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Gene Synthesis Market Drivers
The increased prevalence of chronic infectious diseases is expected to propel the growth of the gene synthesis market going forward. Chronic infectious diseases are illnesses caused by pathogens that persist in the body for a long time, often for years or even a lifetime. Gene synthesis can help reduce infectious diseases by enabling the development of new vaccines, diagnostics, and therapeutics that are specific to particular pathogens. This approach has the potential to be faster, more effective, and more targeted than traditional approaches, and has the potential to help control outbreaks of infectious diseases.
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Gene Synthesis Market Segments
• By Method: Solid-Phase Synthesis, Chip-Based Synthesis, Pcr-Based Enzyme Synthesis
• By Service: Antibody DNA Synthesis, Viral DNA Synthesis, Other Services
• By Application: Gene And Cell Therapy Development, Vaccine Development, Disease Diagnosis, Other Applications
• By End-User: Biotechnology And Pharmaceutical Companies, Academic And Government Research Institutes, Contract Research Organizations
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Gene Synthesis market.
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Gene Synthesis Market Key Players
Major competitors in the Gene Synthesis market include Genscript Biotech Corporation, Brooks Automation Inc. (GENEWIZ), Boster Biological Technology Ltd., Twist Bioscience Corp., ProteoGenix Inc., Biomatik Corporation, ProMab Biotechnologies Inc
The Business Research Company's "Global Gene Synthesis Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Gene Synthesis Market Include:
1. Executive Summary
2. Gene Synthesis Market Characteristics
3. Gene Synthesis Market Trends And Strategies
4. Gene Synthesis Market - Macro Economic Scenario
5. Gene Synthesis Market Size And Growth
……..
28. Key Mergers And Acquisitions In The Gene Synthesis Market
29. Gene Synthesis Market Future Outlook and Potential Analysis
30. Appendix
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