PUBLISHER: Value Market Research | PRODUCT CODE: 1274345
PUBLISHER: Value Market Research | PRODUCT CODE: 1274345
The global demand for DNA Synthesis Market is presumed to reach the market size of nearly USD 33.19 BN by 2030 from USD 6.44 BN in 2022 with a CAGR of 22.75% under the study period 2023 - 2030.
DNA synthesis refers to the natural or artificial creation of deoxyribonucleic acid (DNA) through DNA replication. Deoxynucleic acids (adenine, thymine, cytosine and guanine) are linked together to form DNA. DNA is a macromolecule made by nucleotide units which are linked by covalent bonds and hydrogen bonds in a recurring structure. They are synthesized with the help of genetic engineering and enzyme chemistry in the lab. DNA synthesis occurs in eukaryotes, prokaryotes as well as viruses. DNA synthesis are used for a variety of applications including diagnostic, therapeutic and industrial research etc.
The demand for DNA synthesis is driven by the rising adoption of gene therapy and increasing requirement for gene synthesis products. Synthetic biology segment is the major dominant segment contributing to the growth of DNA synthesis in the market. In addition, Different end use industries of oligonucleotide synthesis and gene synthesis such as antibody discovery, immunology, infectious diseases, food science and synthetic biology are surging the demand for this market. Moreover, continuous advancement and innovation in technology along with increasing research and development activities related to gene synthesis are boosting the demand for this market. Conversely, the extended time for approval for products synthesized may obstruct the growth of the DNA synthesis market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of dna synthesis. The growth and trends of dna synthesis industry provide a holistic approach to this study.
This section of the dna synthesis market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the DNA Synthesis market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the dna synthesis market include Thermo Fisher Scientific Inc., Twist Bioscience, Bioneer Corporation, Eton Bioscience, LGC Biosearch Technologie, IBA GmbH, Eurofins Scientific, Integrated DNA Technologies, Inc., Quintara Biosciences, GenScript Biotech Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.