Gene synthesis is the process utilized for the development of synthetic genes in a laboratory location, this method helps in bringing the text-based researches conducted by scientists and technically proficient individuals in real life-form sequences with high levels of accuracy and operational ease. It is commonly also known as DNA printing and comes under synthetic biology study. This process improves the developmental areas of sequencing, even developing gene sequences that are hard to develop from natural origins. This method is expected to have a positive impact on the overall synthetic biology model even allowing for overall expansion of the genetic codes currently available.
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Gene synthesis market is growing due to increasing emphasis on clinical research & development, advancements in the market & rising amount of healthcare expenditure; the effects of these factors are mentioned below:
Product expansions and strategic acquisitions undertaken by the players:
The market is segmented on the basis of products & services as consumables, software, services; application is categorized into diagnostics, therapeutics, research & development activities, others; method is segmented into solid phase synthesis, chip based DNA synthesis, PCR based enzyme synthesis; end users is categorized as academic & research institutes, diagnostic laboratories, biotech & pharmaceutical companies, others.
“According to Data Bridge Market Research, global gene synthesis market is expected to be reach USD 19,295.56 million by 2026, growing with a healthy CAGR during the forecast period of 2019 to 2026”
Some of the major players operating in market are Thermo Fisher Scientific, Inc., Genewiz, Eurofins Scientific, ATD Bio Ltd., OriGene Technologies, Inc., Bioneer Corporation, Atum, Integrated DNA Technologies, Inc., GenScript, Eurogentec, Twist Bioscience., BioCat GmbH, LGC Biosearch Technologies, Eton Bioscience, Inc., Quintara Biosciences, Bio Basic Inc., SBS Genetech Co., Ltd., Merck KGaA among others.
Gene synthesis is also witnessing a valuable opportunity for their expansion in the life-science industry as its integration with microfluidics devices has improved the assembly and development sequence of gene pools. Microfluidic devices utilizing gene synthesis process helps in faster method of fabrication of development while also reducing the errors in the entire development process.
Global Gene Synthesis Market– Industry Trends and Forecast to 2026