Gene Synthesis Market Size to Cross USD 14.2 Bn by 2033 with CAGR of 23.6% | Transparency Market Research

According to Transparency Market Research, The global 𝗚𝗲𝗻𝗲 𝗦𝘆𝗻𝘁𝗵𝗲𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 stood at US$ 1.6 Billion in 2023 and the industry is expected to reach US$ 14.2 Billion by 2033. The global industry is projected to grow at a CAGR of 23.6% between 2023 and 2033.

As concerns about chronic and infectious diseases grow, along with the introduction of new treatments and medicines, the demand for gene synthesis therapies and new medicines is driving the market.

Targeted therapy is a relatively new concept that is gaining a lot of attention within the biotechnology and pharmaceutical industries. Significant growth in targeted therapies combined with chemotherapy and immunotherapy is expected to occur in the next few years.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗿𝗲𝗽𝗼𝗿𝘁 𝘄𝗶𝘁𝗵 𝗟𝗮𝘁𝗲𝘀𝘁 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝘁https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=43520

𝗚𝗲𝗻𝗲 𝗦𝘆𝗻𝘁𝗵𝗲𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗻𝗮𝗽𝘀𝗵𝗼𝘁:

With the development of gene editing technologies like CRISPR-Cas9, it has become easier to manipulate DNA sequences with precision, which has led to the creation of high-quality synthetic DNA. With the development of affordable DNA sequencing technologies, it has become easier to design and verify synthetic DNA sequences.

A new era of drug discovery, biofuel development, and other products has emerged in synthetic biology with the development of new biological systems and their design of them. Increasing demand for custom DNA sequences from biotechnology, pharmaceutical, and academic research laboratories is expected to drive the gene synthesis market in the coming years. Increasing access to gene synthesis services, along with improving accuracy and affordability, are expected to drive further market growth.

The development of new energy sources, new materials, artificial organisms, DNA vaccines, and biomedicine are driving the growth of gene synthesis. A growing number of millennials in Europe and North America are interested in this cold storage business, resulting in rapid global expansion for the market. Advanced refrigerators are being introduced in these regions to give users a more real-time temperature control experience.

Synthetic biology, owing to its immense potential, is likely to become one of the most important technologies of the future. The advent of automation and artificial intelligence has made DNA sequencing and synthesis more convenient, allowing this process to become less expensive and more feasible. A rapid and cost-effective improvement in DNA synthesis has enabled scientists to develop new biofuels, bioproducts, green chemicals, specialized chemicals, and food ingredients derived from modified bacteria.

𝗞𝗲𝘆 𝗙𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁

Antibody DNA synthesis to be the primary service type, expanding at a 23.7% CAGR until 2033
Additionally, gene synthesis can be used to develop novel therapeutics such as gene and cell therapies, which are becoming increasingly popular beyond traditional applications.

With the advancement in gene synthesis technologies, the market for gene synthesis is gaining traction due to the faster production of custom DNA sequences.
As personalized medicine becomes a growing trend in the marketplace, the gene synthesis industry is evolving to meet the needs of end users.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗚𝗲𝗻𝗲 𝗦𝘆𝗻𝘁𝗵𝗲𝘀𝗶𝘀 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗿𝗼𝘄𝘁𝗵 𝗗𝗿𝗶𝘃𝗲𝗿𝘀

Gene synthesis, due to the growing production of DNA sequences and the development of protein-functional markets, is expected to grow consistently between 2023 and 2033.

In addition to encouraging researchers to explore genetic engineering and develop groundbreaking technologies, organizations, facilitate the growth of this industry.
Increased government funding for gene development paired with increased reimbursement policies help to accelerate the market.

A new generation of scientists and engineers synthesizing and utilizing genes for future development, including long-term therapies such as targeted therapy and immunotherapy, as chronic diseases continue to increase among the general population.

A rise in oncological conditions and a desire for new innovative treatments will drive the market for gene synthesis.

𝗛𝗮𝘃𝗲 𝗮 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻? 𝗧𝗮𝗹𝗸 𝘄𝗶𝘁𝗵 𝗔𝗻𝗮𝗹𝘆𝘀𝘁:https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=43520

𝗚𝗹𝗼𝗯𝗮𝗹 𝗚𝗲𝗻𝗲 𝗦𝘆𝗻𝘁𝗵𝗲𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

North America to lead the market for gene synthesis, backed by growing demand for evaluating gene synthesis processes and rapid research and development in genetic engineering, medicine, and biotechnology

China to be a promising landscape for gene synthesis, having documented a value CAGR worth over 25% from 2018-2022
The market in China is expected to yield absolute dollar growth worth US$ 1.5 billion from 2023 to 2033

𝗚𝗹𝗼𝗯𝗮𝗹 𝗚𝗲𝗻𝗲 𝗦𝘆𝗻𝘁𝗵𝗲𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

GeneScript
Brooks Automation, Inc.
Booster Biological Technology
Twist Bioscience
ProteoGenix, Inc.
Biomatik
ProMab Biotechnologies, Inc.
Thermo Fisher Scientific, Inc.
Integrated DNA Technologies, Inc.
OriGene Technologies, Inc.
Global Gene Synthesis Market: Segmentation

𝗠𝗲𝘁𝗵𝗼𝗱
Solid-phase Synthesis
Chip-based Synthesis
PCR-based Enzyme Synthesis

𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝘆𝗽𝗲
Antibody DNA Synthesis
Viral DNA Synthesis
Other Service Types
Application

𝗚𝗲𝗻𝗲 & 𝗖𝗲𝗹𝗹 𝗧𝗵𝗲𝗿𝗮𝗽𝘆 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁
Vaccine Development
Disease Diagnosis
Others

𝗘𝗻𝗱-𝘂𝘀𝗲𝗿
Biotechnology & Pharmaceutical Companies
Academic & Government Research Institutes
Contract Research Organizations

𝗠𝗼𝗿𝗲 𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗯𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 -

𝗘𝘅𝗼𝘀𝗸𝗲𝗹𝗲𝘁𝗼𝗻 𝗠𝗮𝗿𝗸𝗲𝘁-https://www.prnewswire.com/news-releases/exoskeleton-market-in-united-states-to-reach-value-of-us-745-6-mn-by-2032--reveals-tmr-report-301678624.html

𝗪𝗼𝗺𝗲𝗻'𝘀 𝗛𝗲𝗮𝗹𝘁𝗵 𝗗𝗶𝗮𝗴𝗻𝗼𝘀𝘁𝗶𝗰𝘀 𝗠𝗮𝗿𝗸𝗲𝘁-https://www.prnewswire.com/news-releases/womens-health-diagnostics-market-to-rise-at-6-cagr-during-the-forecast-period-notes-tmr-study-301680155.html

𝗡𝗲𝘅𝘁-𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝗲𝗾𝘂𝗲𝗻𝗰𝗶𝗻𝗴 𝗗𝗮𝘁𝗮 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁-https://www.globenewswire.com/en/news-release/2022/11/21/2559991/0/en/Next-Generation-Sequencing-Data-Analysis-Market-to-Reach-US-5-4-Bn-by-2032-TMR-Study.html

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