Press release
Strong Growth Ahead: DNA And Gene Cloning Services Market Size To Grow At Arecord 13.9% Cagr By 2029
DNA And Gene Cloning Services
How Big Is the DNA And Gene Cloning Services Market Size Expected to Be by 2034?
Over the recent years, there has been a swift growth in the DNA and gene cloning services market size. Estimates indicate that it will expand from a figure of $2.69 billion in 2024 to reach $3.07 billion in 2025, the compound annual growth rate (CAGR) being 14.2%. The notable progress during the historic period can be credited to a surge in personalized medicine requirements, increased investment in biopharmaceutical research, greater prevalence of genetic disorders, wider applications in the fields of agriculture and biotechnology, and government funding supporting genomic research.
Expectations are high for a significant surge in the DNA and gene cloning services market in the upcoming years, escalating to a market value of $5.16 billion by 2029 with a compound annual growth rate (CAGR) of 13.9%. The anticipated expansion in the coming years is attributable to a surge in demand for individualized medical treatment, increased application in gene therapy, rising investment in biopharmaceutical research and development, extended use of synthetic biology, favourable government regulations and biotech funding, and the escalating occurrence of genetic disorders. Key trends predicted for this period encompass the refinement of CRISPR-Cas9 precision, cost-efficient next-generation sequencing options, automation in cloning platforms, high-throughput screening techniques, innovations in synthetic biology, artificial intelligence-guided gene analysis, and enhanced designs of vectors for therapy applications.
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What Are the Emerging Segments Within the DNA And Gene Cloning Services Market?
The DNA and gene cloning services market covered in this report is segmented -
1) By Type Of Gene: Standard Gene, Complex Gene, Other Types Of Genes
2) By Service Type: Gene Synthesis, Custom Cloning, Subcloning, Other Service Types
3) By Application: DNA Sequencing, Mutagenesis, Genotyping, Other Applications
4) By End-User Industry: Academic And Research And Development (RAndD), Pharmaceutical And Biotechnology Companies, Other End User Industries
Subsegments:
1) By Standard Gene: Cloning Of Protein-coding Genes, Non-coding Genes
2) By Complex Gene: Multi-exon Genes, Genes With Alternative Splicing, Large Or Multi-structural Genes
3) By Other Types Of Genes: Synthetic Genes, Viral Genes, Genomic DNA Cloning
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What Long-Term Drivers Are Shaping DNA And Gene Cloning Services Market Trends?
The DNA and gene cloning services market is projected to expand courtesy of the rising popularity of gene therapy. This therapeutic method changes a patient's genes to prevent or cure diseases, which can involve swapping out defective genes, disabling harmful ones, or inserting new ones to fight off diseases. What fuels the surge in gene therapy are its ability to address previously untreatable genetic disorders, advancements in biotechnology, and increased consciousness among medical professionals and patients. DNA and gene cloning services play a crucial role in gene therapy in order to create targeted genetic changes to manage genetic disorders. As an illustration, in April 2024, the American Society of Gene & Cell Therapy, a non-profit medical and scientific organization based in the US, reported a 10% increase in the phase III gene therapy clinical trials in the fourth quarter - the first of such growth observed since the third quarter of 2022. Therefore, the increasing demand for gene therapy is serving as the main driving force behind the DNA and gene cloning services market.
Who Are the Top Competitors in Key DNA And Gene Cloning Services Market Segments?
Major companies operating in the DNA and gene cloning services market are Merck KGaA, Thermo Fisher Scientific Inc., Danaher Corporation, Eurofins Scientific, Agilent Technologies Inc., Lonza Group, Sartorius AG, Charles River Laboratories, Bio-Rad Laboratories Inc., Bio-Techne, Curia Global Inc., Integrated DNA Technologies Inc., GenScript Biotech Corporation, Takara Bio Inc., Syngene International Limited, Twist Bioscience, New England Biolabs Inc., Origene Technologies Inc., MedGenome, Sino Biological, Genewiz Inc., Creative Biogene, Addgene.
What DNA And Gene Cloning Services Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the DNA and gene cloning market are emphasizing on advancements such as AI-powered gene editors to boost precision, decrease development duration, and smoothen operations for tailored genetic modifications and therapeutic applications. An AI-powered gene editor is a gene editing tool or system that has been created, improved, or optimized with the help of AI technology. For example, Profluent, a biotechnology research firm based in the US, introduced OpenCRISPR-1, an AI-developed gene editor in April 2024. With this innovation, there has been a substantial enhancement in precision genome editing with adjustable CRISPR-type proteins made via large language models, considerably expanding CRISPR functionality and transforming genetic science.
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Which Regions Are Becoming Hubs for DNA And Gene Cloning Services Market Innovation?
North America was the largest region in the DNA and gene cloning services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the DNA and gene cloning services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the DNA And Gene Cloning Services Market?
2. What is the CAGR expected in the DNA And Gene Cloning Services Market?
3. What Are the Key Innovations Transforming the DNA And Gene Cloning Services Industry?
4. Which Region Is Leading the DNA And Gene Cloning Services Market?
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