DNA Synthesis Market Size, Trends, Growth, Opportunities (2024-2032) | Thermo Fisher Scientific Inc. and Integrated DNA Technologies, Inc.
The DNA synthesis market size was valued at USD 4.04 billion in 2023 and is projected to grow from USD 4.56 billion in 2024 to USD 16.08 billion by 2032, recording a CAGR of 17.1% during the forecast period (2024-2032).Artificial DNA synthesis has advanced our understanding and engineering of biology. Various synthetic DNA forms (oligonucleotides, genes, fragments) are used in drug/vaccine development, gene therapies, and diagnostics (PCR, sensors). Growing demand for personalized medicine and increased healthcare spending further drive the use of synthetic DNA in therapeutics, diagnostics, and research, fueling market growth.
๐๐ถ๐๐ฐ๐ผ๐๐ฒ๐ฟ ๐ช๐ต๐ฎ๐ ๐ฌ๐ผ๐'๐ฟ๐ฒ ๐ ๐ถ๐๐๐ถ๐ป๐ด: ๐๐ฒ๐ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (๐ฃ๐๐) ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ: https://www.fortunebusinessinsights.com/enquiry/sample/dna-synthesis-market-109799
๐๐ฒ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐
In November 2023, Twist Bioscience launched Twist Express Genes, an innovative gene synthesis service designed to provide expedited delivery of genes ranging from 0.3 to 5.0kb. This service offers a rapid shipping turnaround of five to seven business days, catering to the growing demand for faster and more reliable gene synthesis solutions in research and biotechnology.
๐ง๐ผ๐ฝ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Thermo Fisher Scientific Inc. (U.S.)
Integrated DNA Technologies, Inc. (Danaher) (U.S.)
Eurofins Scientific (Luxembourg)
GenScript (U.S.)
Azenta, Inc. (U.S.)
LGC Limited (U.K.)
Biomatik (Canada)
Telesis Bio Inc. (U.S.)
Twist Bioscience (U.S.)
Bioneer Corporation (South Korea)
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐ & ๐ฅ๐ฒ๐๐๐ฟ๐ฎ๐ถ๐ป๐๐
Market Drivers: The DNA Synthesis Market is driven by advancements in synthetic biology, increasing demand for gene editing technologies, and the expanding scope of genetic research. The rise of personalized medicine, coupled with growing investments in genomics, has further accelerated the adoption of DNA synthesis solutions across industries.
Market Restraints: Challenges such as the high cost of advanced synthesis technologies and technical complexities in large-scale DNA synthesis processes may hinder market growth. However, ongoing technological innovations and cost-effective solutions are expected to address these barriers in the coming years.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ
The DNA Synthesis Market report offers comprehensive insights into market trends, competitive dynamics, and emerging opportunities. It includes a detailed analysis of market segments, regional performance, and the competitive landscape, helping stakeholders make informed business decisions.
๐๐ผ๐ฟ ๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐ฉ๐ถ๐๐ถ๐: https://www.fortunebusinessinsights.com/dna-synthesis-market-109799
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
The competitive landscape of the DNA Synthesis Market is marked by significant advancements, strategic partnerships, and acquisitions. Key players such as Twist Bioscience, Thermo Fisher Scientific, and GenScript are continually innovating to enhance their product offerings and expand their global presence. Emerging companies are focusing on specialized solutions to carve a niche in the growing market.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐
Leading Segment: The services segment dominated the DNA Synthesis Market in 2023. This growth is attributed to the rising demand for custom DNA synthesis services and the increasing outsourcing of synthesis requirements by research institutions and biotechnology companies.
Other Segments: The product segment, including oligonucleotides and gene fragments, also holds significant potential, driven by advancements in molecular biology research and diagnostics.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐
North America leads the DNA Synthesis Market, supported by strong research infrastructure, significant investments in biotechnology, and a growing focus on personalized medicine. Europe follows as another major market, driven by robust R&D activities and government initiatives in genomics. The Asia-Pacific region is emerging as a high-growth market due to cost advantages, increasing research activities, and expanding biotech industries in countries like China, India, and South Korea.
๐๐๐๐๐ฟ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฐ๐ผ๐ฝ๐ฒ
The DNA Synthesis Market is poised for significant growth, fueled by advancements in automation and artificial intelligence in gene synthesis processes. These innovations are expected to enhance accuracy, reduce costs, and accelerate the development of synthetic biology applications. Additionally, the integration of CRISPR technology with DNA synthesis is anticipated to open new avenues for research and therapeutic applications, solidifying the market's role in the future of biotechnology and medicine.
For a detailed analysis and additional insights, visit the DNA Synthesis Market Report.
๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ฐ๐ฐ๐ผ๐ฟ๐ฑ๐ถ๐ป๐ด ๐ง๐ผ ๐ฌ๐ผ๐๐ฟ ๐๐ผ๐ป๐๐ฒ๐ป๐ถ๐ฒ๐ป๐ฐ๐ฒ: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/dna-synthesis-market-109799
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