Global Gene Synthesis Market is Growing with a CAGR of 27.0% in the Forecast Period of 2021 to 2028

Global Gene Synthesis Market is growing with factors such as rising prevalence of chronic infectious disease and growing interest of gene synthesis in the field of molecular biology. Rising adoption of gene therapy also acts as a major factor for the growth of the market. Favorable government initiatives and expanding field of synthetic biology have also given a boom to the global Gene synthesis market.

Technological advancements have propelled the demand of the market. However, threat imposed to ecosystem and biodiversity and technical limitation across the production process has decreased the demand of the market.

Global Gene Synthesis Market Scenario                                  

According to Data Bridge Market Research, the market for global gene synthesis in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Integrated DNA Technologies, Inc. (a subsidiary of Danaher), which accounts an estimated market share of approximately 11.76% in the global market. The company has gained outstanding sale by providing novel gene synthesis products.

  • In December 2017, Integrated DNA Technologies, Inc. (a subsidiary of Danaher) had acquired GeneWorks Pty Ltd in Australia with an aim to accelerate the manufacturing of oligonucleotides used for gene synthesis, among other purposes. This acquisition had leverages the company’s manufacturing abilities and allowed it to fulfill the unmet customers demand dealing in the gene synthesis market.

Gene Synthesis Market

Trends Impacting the Market

Now the question is which other regions Integrated DNA Technologies, Inc. (a subsidiary of Danaher), Thermo Fisher Scientific Inc. and Merck KGaA are targeting? Data Bridge Market Research has forecasted a large growth in North America gene synthesis market and the market leaders targeting U.S. and Canada to be their next pocket revenue for 2021.

The gene synthesis market is becoming more competitive with companies like Integrated DNA Technologies, Inc. (a subsidiary of Danaher), Thermo Fisher Scientific Inc. and Merck KGaA. These are the top dominating companies in gene synthesis market and have launched novel software, services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global gene synthesis market.

For more analysis on the global gene synthesis market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-gene-synthesis-market

Gene Synthesis Market Developments

  • In June 2020, Integrated DNA Technologies, Inc. (a subsidiary of Danaher) launched gBlocks HiFi Gene Fragment which proved beneficial to researchers by allowing allow them to build large gene constructs and avoid unwanted mutations in the gene sequences. This product launch boosted the company’s product portfolio and allowed it penetrate its root in the global gene synthesis market.
  • In February 2021, Thermo Fisher Scientific Inc. had acquired the Mesa Biotech. Mesa Biotech has developed the PCR-based testing platform for infectious disease diagnosis. This system provides with efficient result in less span of time. The product launched depended carries out the gene synthesis in order to confirm the nucleic acid molecule of pathogenic organism. This acquisition thus allowed Thermo Fisher Scientific Inc. bolster its existing product portfolio and to expand its root in gene synthesis market.
  • In April 2020, Merck KGaA announced that they would be launching 100 million euros worth commercial facility for its BioReliance viral and gene therapy services next year for major advancements in medicine. As the company is constantly engaged in manufacturing of reagents among others used in the field of genomic, this expansion helped the company to accelerate the growth of gene therapy services which is greatly dependent upon gene synthesis.

Scope of the Gene Synthesis Market

Global gene synthesis market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa.

  • All country based analysis of the global gene synthesis market is further analysed based on maximum granularity into further segmentation. On the basis of product & services, the gene synthesis market is segmented into synthesizer, consumables and software & services. On the basis of gene type, the gene synthesis market is segmented into standard gene, express gene, complex gene and others. On the basis of product type, the gene synthesis market is segmented into gene library synthesis and custom gene synthesis. On the basis of application, the gene synthesis market is segmented into synthetic biology, genetic engineering, vaccine design, therapeutic antibodies and others. On the basis of method, the gene synthesis market is segmented into solid phase synthesis, chip based DNA synthesis and PCR based enzyme synthesis. On the basis of end user, the gene synthesis market is segmented into academic & research institutes, diagnostic laboratories, biotech & pharmaceutical companies and other. On the basis of distribution channel, the gene synthesis market is segmented into direct tender, online distribution and third party distributors.

To know more about the study https://www.databridgemarketresearch.com/reports/global-gene-synthesis-market

Key Pointers Covered in Gene Synthesis Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of Gene synthesis market
  • Company profiling of top eight players of Gene synthesis market

Key Market Competitors Covered in the Report

  • Bio Basic Inc.
  • Twist Bioscience
  • ATG:biosynthetics GmbH
  • BioCat GmbH
  • Aldevron
  • Integrated DNA Technologies, Inc. (a subsidiary of Danaher)
  • Eurofins Scientific
  • Exonbio
  • bbi-lifesciences
  • Creative Biogene
  • trenzyme GmbH
  • Thermo Fisher Scientific Inc.
  • Merck KGaA
  • Kaneka Eurogentec S.A.
  • LGC Limited
  • Codex DNA, Inc.
  • ATUM
  • GenScript
  • GENEWIZ (a subsidiary of Brooks Automation, Inc.)
  • Evonetix

Above are the key players covered in the report, to know about more and exhaustive list of gene synthesis companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-gene-synthesis-market

Research Methodology: Global Gene Synthesis Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Geneticists, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Related Reports

Browse in Healthcare Category Related Reports@ https://www.databridgemarketresearch.com/report-category/healthcare/