Gene Synthesis Market to Grow at an Impressive CAGR of 22.9% by 2029
Gene synthesis is the process of creating artificial genes in a lab setting using synthetic biology. The generation of recombinant proteins is one of the numerous applications of recombinant DNA technology, where gene synthesis is emerging as a key instrument. The traditional methods of cloning and mutagenesis are quickly being replaced by de novo gene synthesis, which also enables the production of nucleic acids for which there is no template.
The Global Gene Synthesis Market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 22.9% in the forecast period of 2022 to 2029 and is expected to reach USD 9,121.31 million by 2029 from USD 1,726.26 million in 2021.
Gene synthesis refers to the chemical synthesis of DNA strand base-by base. Unlike DNA replication that occurs in cells or by Polymerase Chain Reaction (PCR), gene synthesis does not require a template strand. Rather, gene synthesis involves the step-wise addition of nucleotides to a single-stranded molecule, which then serves as a template for creating a complementary strand. Gene synthesis is the fundamental technology upon which the field of synthetic biology has been built.
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Recent Development
- In December 2020, Twist Bioscience launched clonal-ready gene fragments so as to complete the offering of genes. The fragments launched can be used with adapters or without adapters in order to build up the perfect clones. The clonal-ready gene fragments are compatible with the protein expression pathways, enzyme engineering, and gene expression, among others.
- In 2020, according to an article published in an ACS journal, a total estimated 19.3 million new cancer cases and almost 10.0 million cancer deaths were reported worldwide. This suggests that cancer coverage is suboptimal, and there is a great need to implement high cancer coverage all over the world.
Some of the major players operating in the gene synthesis market are ATDBio Ltd (Subsidiary of Biotage), General Biosystems, Inc., MACROGEN CO., LTD., Boster Biological Technology, Creative Biogene, Bioneer Pacific, exonbio, trenzyme GmbH, Twist Bioscience, BioCat GmbH (Subsidiary of AddLife AB), OriGene Technologies, Inc., Integrated DNA Technologies, Inc. 9Subsidiary of Danaher Corporation), Eurofins Scientific, NZYTech, Lda. – Genes and Enzymes, Ansa Biotechnologies, Inc., Thermo Fisher Scientific, Genescript, Synbio Technologies, Proteogenix, Bio Basic Inc., ATG:biosynthetics GmbH, Merck KGaA, Kaneka Eurogentec S.A, Ginkgo Bioworks, Bbi-lifesciences, Evonetix, ProMab Biotechnologies, Inc., GCC Biotech (INDIA) Pvt. Ltd., CSBio, Azenta US, Inc., and among others.
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Global Gene Synthesis Market Scope
Global gene synthesis market is segmented into component, gene type, gene synthesis type, application, method, end user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Component
- Synthesizers
- Consumables
- Software & services
On the basis of component, the global gene synthesis market is segmented into synthesizers, consumables, and software & services.
Gene Type
- Standard gene
- Express gene
- Complex gene
- Others
On the basis of gene type, the global gene synthesis market is segmented into the standard gene, express gene, complex gene and others.
Gene Synthesis Type
- Gene library synthesis
- Custom gene synthesis
On the basis of gene synthesis type, the global gene synthesis market is segmented into gene library synthesis, and custom gene synthesis.
Application
- Synthetic biology,
- Genetic engineering,
- Vaccine design,
- Therapeutics antibodies
- Others
On the basis of application, the global gene synthesis market is segmented into synthetic biology, genetic engineering, vaccine design, therapeutics antibodies, and others.
Method
- Solid based synthesis,
- Chip-based DNA synthesis
- PCR-based enzyme synthesis
On the basis of the method, the global gene synthesis market is segmented into solid based synthesis, chip-based DNA synthesis, and PCR-based enzyme synthesis.
End User
- Academic & research institutes,
- Diagnostics laboratories,
- Biotech & pharmaceutical companies
- Others
On the basis of end user, the global gene synthesis market is segmented into academic & research institutes, diagnostics laboratories, biotech & pharmaceutical companies, and others.
Distribution Channel
- Direct tender
- Online distribution
- Third party distributors
Key points covered in the report: –
- The pivotal aspect considered in the global Gene Synthesis Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Gene Synthesis Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Gene Synthesis Market.
- The Global Gene Synthesis Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Major Points Covered in TOC:
Gene Synthesis Market Overview: It incorporates six sections, research scope, significant makers covered, market fragments by type, Gene Synthesis Market portions by application, study goals, and years considered.
Gene Synthesis Market Landscape: Here, the opposition in the Worldwide Gene Synthesis Market is dissected, by value, income, deals, and piece of the pie by organization, market rate, cutthroat circumstances Landscape, and most recent patterns, consolidation, development, obtaining, and portions of the overall industry of top organizations.
Gene Synthesis Profiles of Manufacturers: Here, driving players of the worldwide Gene Synthesis Market are considered dependent on deals region, key items, net edge, income, cost, and creation.
Gene Synthesis Market Status and Outlook by Region: In this segment, the report examines about net edge, deals, income, creation, portion of the overall industry, , and market size by locale. Here, the worldwide Gene Synthesis Market is profoundly examined based on areas and nations like North America, Europe, China, India, Japan, and the MEA.
Gene Synthesis Application or End User: This segment of the exploration study shows how extraordinary end-client/application sections add to the worldwide Gene Synthesis Market.
Gene Synthesis Market Forecast: Production Side: In this piece of the report, the creators have zeroed in on creation and creation esteem conjecture, key makers gauge, and creation and creation esteem estimate by type.
Gene Synthesis Research Findings and Conclusion: This is one of the last segments of the report where the discoveries of the investigators and the finish of the exploration study are given.
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The investment made in the study would provide you access to information such as:
- Gene Synthesis Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
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