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DNA Synthesizer Market From Sequence to Synthesis: The DNA Synthesizer Market Landscape

07-17-2024 03:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

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DNA Synthesizer Market From Sequence to Synthesis: The DNA

DNA Synthesizer Market

DNA Synthesizer Market to reach over USD 754.55 million by the year 2031 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global DNA Synthesizer Market Size, Share & Trends Analysis Report By type (benchtop DNA synthesizers and large-scale DNA synthesizers), application (drug discovery & development,

genetic engineering, and clinical diagnostics) and end users (academic & research institutes, pharmaceutical & biotechnology companies and clinical laboratories.), Region, Market Outlook And Industry Analysis 2031"

The global DNA synthesizer market is estimated to reach over USD 754.55 million by 2024-2031, exhibiting a CAGR of 14.8% during the forecast period.

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The DNA synthesis market is experiencing robust growth driven by several key factors. Firstly, the surge in gene synthesis-related research and development is fueling demand for synthetic DNA as a foundational tool for genetic exploration and discovery. Secondly, advancements in protein purification and molecular separation technologies are contributing to the development of more reliable, efficient, and cost-effective DNA synthesis systems. This increased accessibility is driving market expansion.

Moreover, the diverse applications of DNA synthesis across industries are propelling market growth. From its use in medical diagnostics and therapeutics to its role in academic research, synthetic biology, and agriculture, the versatility of DNA synthesis is evident. This broad spectrum of applications underscores the technology's increasing importance and its potential to drive significant market expansion in the coming years.

Key improvements:
• Conciseness: Removed redundant phrases and streamlined sentence structure.
• Clarity: Used more direct and precise language.
• Focus: Emphasized the primary drivers of market growth.

List of Prominent Players in the DNA Synthesizer Market:
• K&A Labs GmbH
• DNA Script
• Oligomer Apes
• Polygene GmbH
• Biolytic Lab Performance Inc.
• Danaher
• Twist Bioscience
• Kilobase
• LGC Limited
• CSBio

Market Dynamics:
Drivers-
The growing demand for efficient DNA synthesizers in life science laboratories, pharmaceutical companies, and biotechnology firms drives the market. This increasing demand is a significant factor contributing to market growth. Additionally, advancements in genomics and life sciences, along with the rising importance of DNA synthesizers in synthetic and molecular biology, further support the expansion of the market.

The rising demand for novel synthesis technologies and continuous technological advancements also propels the global market. These factors drive innovation and provide new opportunities for market participants. Furthermore, improvements in nucleic acid synthesis methods have opened new avenues for the market, enabling the development of more reliable and efficient DNA synthesizers.

Challenges:
The high cost of equipment and reagents might be a hurdle for university institutions and smaller research labs with tighter resources. The cost-effectiveness and accessibility of DNA synthesizers continue to be obstacles to their widespread use. Continuous difficulties include raising synthesizer throughput to support larger-scale synthesis programs and raising synthesis process effectiveness.

Addressing these throughput and efficiency issues is essential because researchers frequently need huge amounts of produced DNA in a short amount of time. Due to a lack of understanding or familiarity with the technology, certain institutions and researchers may be reluctant to use DNA synthesizers, which limits the market's potential growth.

Regional Trends:
The North American, DNA synthesizer market is expected to register a major market share. Due to large enterprises and government activities supporting the creation and implementation of synthetic biology programs, North America represented the most impressive revenue share.

The increased use of techniques linked to gene editing and synthesis by drug and diagnostic makers in the United States has encouraged the expansion of the local market. Besides, Europe had a substantial share of the market. The region's marketing of synthetic gene products and regulatory approval of those items have also aided market expansion. Several cellular and gene therapies have recently received regional approval, which promotes more investment in this area by other enterprises.

The problem is brought on by multiregional businesses investing more in the local market.

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Recent Developments:
• In 2020-Twist Bioscience will make clonal-ready gene fragments available to complete its gene offering. The fragments released can be used to create adapter-free or adapter-containing perfect clones. The clonal-ready gene fragments work with pathways for protein expression, enzyme engineering, and gene expression, among other things.

• In 2020-Globally, 19.3 million new cases of cancer and almost 10.0 million cancer-related deaths were reported, according to an article in an ACS journal. This shows that increasing cancer coverage must be implemented internally, as the existing level of cancer coverage is insufficient.

Segmentation of DNA Synthesizer Market-
By Type
• Benchtop DNA Synthesizers
• Large-scale DNA Synthesizers
By Application
• Drug Discovery & Development
• Genetic Engineering
• Clinical Diagnostics
By End use
• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• Clinical Laboratories
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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