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DNA Synthesis Market

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    Report

  • 119 Pages
  • December 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5724183
The global DNA synthesis market size is expected to reach USD 12.15 billion by 2030, according to a new study. The report “DNA Synthesis Market Share, Size, Trends, Industry Analysis Report, By Application (Research and Development, Academic, Industrial, Diagnosis, Therapeutics); By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global increase in instances of DNA synthesis may be responsible for the market’s optimistic growth potential. The main factors driving the industry are driving the growth of the life sciences, the demand for more effective synthesizers in life science labs, and the rising significance of DNA synthesis in molecular biology and synthetic biology.

During the projected period, the number of R&D programs for developing new pharmaceuticals is expected to rise, as is the number of significant companies concentrating on introducing new products and extending their product lines. The number of pharmaceutical and life science firms concentrating on research studies is anticipated to increase exponentially, as are their R&D expenditures and the demand for new therapeutic options for conditions with rare diseases. All of these factors are expected to benefit the global industry.

DNA synthesis is the process through which nucleic acid strands are naturally formed by DNA replication. They are artificially manufactured in the lab using genetic engineering and enzyme chemistry for various uses, including medicines, diagnostics, and academic and industrial research. These applications have become more well-liked since DNA synthesis was recently used. When it comes to price per base pair, error rates, lengths, throughput, and other factors, individual companies’ DNA synthesis services are very different from one another few examples are synthetic biology, immunology, cancer research, infectious disease, agricultural science, food science, and the discovery of antibodies. These sectors will propel the market throughout the anticipated time frame.

The desire for solutions that provide error-free gene sequences in a shorter time has increased as gene therapy has become more widely used. It increases the body’s capacity, aiding in the battle against sickness. DNA synthesis is essential to prevent DNA alterations that can result in oncological illnesses like cancer. The condition of accelerated aging has increased the necessity for DNA synthesis. In March 2021, Aldevron intended to enlarge its Madison manufacturing site. At this new facility, the corporation is stepping up manufacture of novel therapeutics and products for gene synthesis, among other things. As a result of this expansion, the company has grown the scope and scale of its projects as well as the manufacturing of its products.

The COVID-19 pandemic has significantly impacted the global market for gene synthesis. During the pandemic, there was an increase in scientific research across the globe, which drove up demand for gene synthesis. Gene synthesis has thus been widely used in scientific research, which has significantly increased market revenue. Coronavirus has therefore contributed to the market’s expansion in a beneficial way. During the forecast period, growing demand for gene synthesis in clinical testing and healthcare is anticipated to propel market expansion.

Additionally, a considerable increase in the number of elderly individuals and the rising incidence of chronic diseases among people worldwide are predicted to provide the market with tremendous growth potential over the course of the projection period.

DNA Synthesis Market Report Highlights

  • The academic and research institutions category dominated the industry revenue due to increased funding for global DNA synthesis-based cellular and genetic research following the pandemic.
  • North America is a dominant region due to the increasing use of clinical research; during the forecast period, a large increase in gene synthesis research efforts is anticipated to propel market expansion. The extensive presence of major market players in this region is also anticipated to hasten the growth of the regional gene synthesis market over the projected period.
  • The global players 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

The publisher has segmented the DNA synthesis market report based on application and region:

DNA Synthesis, Application Outlook (Revenue - USD Billion, 2018 - 2030)

  • Research And Development
  • Academic
  • Industrial
  • Diagnosis, Therapeutics

DNA Synthesis, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the DNA Synthesis Market

What is the estimated value of the DNA Synthesis Market?

The DNA Synthesis Market was estimated to be valued at $2.88 billion in 2022.

What is the growth rate of the DNA Synthesis Market?

The growth rate of the DNA Synthesis Market is 19.7%, with an estimated value of $12.15 billion by 2030.

What is the forecasted size of the DNA Synthesis Market?

The DNA Synthesis Market is estimated to be worth $12.15 billion by 2030.

Who are the key companies in the DNA Synthesis Market?

Key companies 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. and GenScript Biotech Corporation.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary
2.1. Market Highlights

3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources

4. Global DNA Synthesis Market Insights
4.1. DNA Synthesis Market - Industry Snapshot
4.2. DNA Synthesis Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rapid Technological Advancements in the Field of Synthetic Biology
4.2.1.2. Rising Investments Toward Research & Development (R&D) Activities
4.2.2. Restraints and Challenges
4.2.2.1. Stringent Government Regulations & Guidelines
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.6. DNA Synthesis Industry trends
4.7. COVID-19 Impact Analysis

5. Global DNA Synthesis Market, by Application
5.1. Key Findings
5.2. Introduction
5.2.1. Global DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
5.3. Research And Development
5.3.1. Global DNA Synthesis Market, by Research And Development, by Region, 2018 - 2030 (USD Billion)
5.4. Academic Institutes
5.4.1. Global DNA Synthesis Market, by Academic Institutes, by Region, 2018 - 2030 (USD Billion)
5.5. Industrial
5.5.1. Global DNA Synthesis Market, by Industrial, by Region, 2018 - 2030 (USD Billion)
5.6. Diagnosis, Therapeutics
5.6.1. Global DNA Synthesis Market, by Diagnosis, Therapeutics, by Region, 2018 - 2030 (USD Billion)

6. Global DNA Synthesis Market, by Geography
6.1. Key findings
6.2. Introduction
6.2.1. DNA Synthesis Market Assessment, By Geography, 2018 - 2030 (USD Billion)
6.3. DNA Synthesis Market - North America
6.3.1. North America: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.3.2. DNA Synthesis Market - U.S.
6.3.2.1. U.S.: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.3.3. DNA Synthesis Market - Canada
6.3.3.1. Canada: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4. DNA Synthesis Market - Europe
6.4.1. Europe: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.2. DNA Synthesis Market - UK
6.4.2.1. UK: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.3. DNA Synthesis Market - France
6.4.3.1. France: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.4. DNA Synthesis Market - Germany
6.4.4.1. Germany: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.5. DNA Synthesis Market - Italy
6.4.5.1. Italy: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.6. DNA Synthesis Market - Spain
6.4.6.1. Spain: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.7. DNA Synthesis Market - Netherlands
6.4.7.1. Netherlands: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.4.8. DNA Synthesis Market - Russia
6.4.8.1. Russia: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5. DNA Synthesis Market - Asia Pacific
6.5.1. Asia Pacific: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5.2. DNA Synthesis Market - China
6.5.2.1. China: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5.3. DNA Synthesis Market - India
6.5.3.1. India: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5.4. DNA Synthesis Market - Malaysia
6.5.4.1. Malaysia: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5.5. DNA Synthesis Market - Japan
6.5.5.1. Japan: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5.6. DNA Synthesis Market - Indonesia
6.5.6.1. Indonesia: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.5.7. DNA Synthesis Market - South Korea
6.5.7.1. South Korea: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.6. DNA Synthesis Market - Middle East & Africa
6.6.1. Middle East & Africa: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.6.2. DNA Synthesis Market - Saudi Arabia
6.6.2.1. Saudi Arabia: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.6.3. DNA Synthesis Market - UAE
6.6.3.1. UAE: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.6.4. DNA Synthesis Market - Israel
6.6.4.1. Israel: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.6.5. DNA Synthesis Market - South Africa
6.6.5.1. South Africa: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.7. DNA Synthesis Market - Latin America
6.7.1. Latin America: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.7.2. DNA Synthesis Market - Mexico
6.7.2.1. Mexico: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.7.3. DNA Synthesis Market - Brazil
6.7.3.1. Brazil: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)
6.7.4. DNA Synthesis Market - Argentina
6.7.4.1. Argentina: DNA Synthesis Market, by Application, 2018 - 2030 (USD Billion)

7. Competitive Landscape
7.1. Expansion and Acquisition Analysis
7.1.1. Expansion
7.1.2. Acquisitions
7.2. Partnerships/Collaborations/Agreements/Exhibitions

8. Company Profiles
8.1. Thermo Fisher Scientific, Inc.
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Recent Development
8.2. Twist Bioscience
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Recent Development
8.3. Bioneer Corporation
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Recent Development
8.4. Eton Bioscience
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Recent Development
8.5. LGC Biosearch Technologie
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Recent Development
8.6. IBA GmbH
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Recent Development
8.7. Eurofins Scientific
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Recent Development
8.8. Integrated DNA Technologies, Inc
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Recent Development
8.9. Quintara Biosciences
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Recent Development
8.10. GenScript Biotech Corporation
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Recent Development

Companies Mentioned

  • 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
  • others.