On 2024-9-18 Global Info Research released【Global Gene Synthesis Service Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Gene Synthesis Service industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Gene Synthesis Service.
Gene synthesis refers to chemically synthesizing a strand of DNA 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 creation of a complementary strand. Gene synthesis is the fundamental technology upon which the field of synthetic biology has been built.
The global Gene Synthesis Service market size is expected to reach $ 1674 million by 2030, rising at a market growth of 16.0% CAGR during the forecast period (2024-2030).
The Market Driver is the primary propelling the gene synthesis market forward is the rapid advancement of synthetic biology. This interdisciplinary field leverages gene synthesis to engineer biological systems for diverse applications, including bio manufacturing, healthcare, and agriculture. With gene synthesis enabling precise design and construction of custom DNA sequences, synthetic biology stands at the forefront of innovation, driving demand for gene synthesis services and technologies.
Despite its potential for growth, the gene synthesis market faces significant challenges related to quality control and reliability. Ensuring the accuracy and fidelity of synthesized DNA sequences is paramount for research reproducibility and commercial applications. Quality control issues such as sequence errors, synthesis errors, or contamination can undermine confidence in gene synthesis services and impede market expansion. Thus, addressing quality assurance challenges is crucial for sustaining the growth trajectory of the gene synthesis market.
GenScript is the largest supplier of Gene Synthesis, with a revenue market share nearly 26.85% in 2023. That is to say, GenScript is the most popular Gene Synthesis in global, and with most of the Gene Synthesis market share in global. Again, top 5 players dominated 72.41% global gene synthesis market share of the whole market, with most of which were USA companies.
Despite GenScript was ranked #1 in global gene synthesis market, other sophisticated companies in the US and Europe may enter into this sector through M&A on smaller competitors to GenScript or buying related business from other market. This will result in reshuffling of the biomedicine research services’ market, and that GenScript may loss its market share.
Asia-Pacific is the largest consumption market, with a consumption market share nearly 36.39% in 2023. Followed by Asia-Pacific, North America is the second two largest consumption place with the similar consumption market share of 34.45%.
This report studies the global Gene Synthesis Service demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Gene Synthesis Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gene Synthesis Service that contribute to its increasing demand across many markets.
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https://www.globalinforesearch.com/reports/2227098/gene-synthesis-service
Market segment by Type： Below 1000 bp、1001 to 3000 bp、3001 to 5000 bp、Above 5000 bp
Market segment by Application：Commercial、Academic Research
Major players covered： Genescript、Thermo Scientific、IDT、Eurofins Genomics、DNA 2.0 (ATUM)、BBI、Azenta Life Sciences、SBS Genetech、Bio Basic、Twist Bioscience、OriGene
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gene Synthesis Service product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Gene Synthesis Service, with price, sales, revenue and global market share of Gene Synthesis Service from 2019 to 2024.
Chapter 3, the Gene Synthesis Service competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gene Synthesis Service breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Gene Synthesis Service market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Gene Synthesis Service.
Chapter 14 and 15, to describe Gene Synthesis Service sales channel, distributors, customers, research findings and conclusion.
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