Gene Synthesis Market Market Set to Reach $8.67 Billion by 2029 with 21% Yearly Growth

How Are the key drivers contributing to the expansion of the gene synthesis market market?
The gene synthesis market is projected to expand due to the rising occurrence of chronic infectious diseases. Chronic infectious diseases are produced by pathogens that remain in the body for extended periods, sometimes for years or even a lifetime. The use of gene synthesis can help minimize these diseases by promoting the creation of novel vaccines, diagnostics, and treatments exclusively for particular pathogens. This method is likely quicker, more efficient, and better targeted than traditional methods, and could aid in managing infectious disease outbreaks. For example, in November 2023, the World Health Organization, a specialized health agency based in Switzerland, reported that 10.6 million people worldwide were diagnosed with tuberculosis (TB) in 2022, including 5.8 million men, 3.5 million women, and 1.3 million children. Consequently, the increasing incidence of chronic infectious diseases is fuelling the expansion of the gene synthesis market.

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What growth opportunities are expected to drive the gene synthesis market market's CAGR through 2034?
In the past few years, the gene synthesis market has experienced swift expansion. The market valuation is projected to increase from $3.32 billion in 2024 to $3.98 billion in 2025, marking a compound annual growth rate (CAGR) of 19.7%. The substantial growth during the historical period is primarily due to developments in genetic studies, the evolution of personalized medicine, amplified attention on biotechnology, expansion in the biopharmaceutical sphere, and the emergence of technology platforms for synthesis.

The gene synthesis industry is projected to undergo significant expansion in the upcoming years, with the market valuation expected to reach "$8.67 billion by 2029, marking a compound annual growth rate (CAGR) of 21.5%. Contributing factors for this projected enlargement during the forecast period include the fast-paced development of synthetic biology, the advent of CRISPR technology, a growing need for personalized genes, advancements in gene modification and treatment, along with its widening use in agricultural sector. The forecast period is also anticipated to witness trends like greater accessibility due to price decrease, bespoke gene libraries for functional genomics, automation, high-throughput synthesis, partnerships within the biotech and pharmaceutical industries, and a heightened focus on ethical and regulatory issues.

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What are the emerging trends shaping the future of the gene synthesis market market?
The gene synthesis market is seeing an increase in the prevalence of key trends such as technological advancements. In order to maintain their standing in the market, firms in this sector are implementing innovative technology. For example, in June 2024, GenScript Biotech Corporation, a biotechnology firm based in the US, launched the FLASH Gene service. This service is an ultra-fast sequence-to-plasmid (S2P) service, designed to cater to the expanding need for swift gene synthesis and plasmid preparation. With this new offering, researchers can get their plasmid constructs in as little as four business days, a substantial improvement over conventional methods.

Which growth-oriented segments of the gene synthesis market market are leading the industry's development?
The gene synthesis market market covered in this report is segmented -

1) By Method: Solid-Phase Synthesis, Chip-Based Synthesis, PR-Based Enzyme Synthesis
2) By Service: Antibody DNA Synthesis, Viral DNA Synthesis, Other Services
3) By Application: Gene And Cell Therapy Development, Vaccine Development, Disease Diagnosis, Other Applications
4) By End-User: Biotechnology And Pharmaceutical Companies, Academic And Government Research Institutes, Contract Research Organizations

Subsegments:
1) By Solid-Phase Synthesis: Phosphoramidite Method, H-phosphonate Method
2) By Chip-Based Synthesis: Microarray Technology, Light-Directed Synthesis
3) By PCR-Based Enzyme Synthesis: Polymerase Chain Reaction (PCR), Reverse Transcription PCR (RT-PCR)

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What regions are leading the charge in the gene synthesis market market?
North America was the largest region in the gene synthesis market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global gene synthesis market report during the forecast period. The regions covered in the gene synthesis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the gene synthesis market market?
Major companies operating in the gene synthesis market market include Genscript Biotech Corporation, Brooks Automation Inc., Boster Biological Technology Ltd., Twist Bioscience Corp., ProteoGenix Inc., Biomatik Corporation, ProMab Biotechnologies Inc., Thermo Fisher Scientific Inc., Integrated DNA Technologies Inc., OriGene Technologies Inc., GenScript Corp., Eurofins Scientific SE, Merck KGaA, Codex DNA Inc., Genewiz Inc., Eurofins Genomics LLC, BioCat GmbH, Bioneer Pacific Co. Ltd., Bio Basic Inc., Beijing SBS Genetech Co. Ltd, Creative Biogene Inc, Exonbio LLC., Trenzyme GmbH, AddLife AB, Polygen GmbH, MACROGEN CO. LTD., Synbio Technologies LLC

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What Is Covered In The Gene Synthesis Market Global Market Report?

• Market Size Forecast: Examine the gene synthesis market market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the gene synthesis market market for a structured understanding.
• Key Players Overview: Analyze major players in the gene synthesis market market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the gene synthesis market market.
• Segment Contributions: Evaluate how different segments drive overall growth in the gene synthesis market market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the gene synthesis market market.
• Industry Challenges: Identify potential risks and obstacles affecting the gene synthesis market market.
• Competitive Landscape: Review strategic developments in the gene synthesis market market, including expansions, agreements, and new product launches.

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