The Gene Synthesis Global Market Report 2023, provides comprehensive information on the gene synthesis market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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According to The Business Research Company's Gene Synthesis Global Market Report 2023, the anticipated trajectory of the global gene synthesis market is poised for substantial expansion. Forecasts indicate a noteworthy ascent from its $2.32 billion valuation in 2022 to a projected $2.80 billion in 2023, showcasing an impressive compound annual growth rate (CAGR) of 20.43%. However, geopolitical unrest, particularly the Russia-Ukraine conflict, has cast a shadow on the world's economic recovery from the recent global pandemic. This discord has triggered widespread economic sanctions, a surge in commodity prices, and significant disruptions in global supply chains, exerting palpable repercussions on various markets worldwide. Despite these challenges, the global gene synthesis market is anticipated to further burgeon, reaching an estimated $5.81 billion in 2027, sustaining a robust CAGR of 20.05%. This underscores the resilience and inherent growth potential of the gene synthesis sector amid the prevailing geopolitical and economic complexities.
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Prominent trends in the gene synthesis market are underscored by rapid technological advancements. Companies within this sector are strategically embracing cutting-edge technologies to fortify their market standing. A notable illustration of this is the paradigm-shifting initiative by DNA Script SAS, an innovative DNA printing entity based in France. In June 2021, the company unveiled its groundbreaking SYNTAX platform, a sophisticated benchtop nucleic acid printer fueled by Enzymatic DNA Synthesis (EDS) technology. The SYNTAX System represents a fully integrated and automated solution, adept at concurrently synthesizing 96 DNA oligos, each spanning up to 60 nucleotides. The resulting DNA sequences are tailored for seamless integration into molecular biology and genomics processes. What distinguishes this product is its remarkable speed and efficiency; the SYNTAX System achieves the synthesis of 20mers in approximately 6 hours, delivering same-day outcomes. Moreover, it can generate 60mers in around 13 hours, facilitating efficient overnight operations. This revolutionary advancement not only exemplifies the relentless pursuit of innovation within the gene synthesis domain but also heralds a new era of expeditious and streamlined molecular research methodologies.
The gene synthesis market is segmented:
1) Gene Synthesis Market By Method: Solid-Phase Synthesis, Chip-Based Synthesis, Pcr-Based Enzyme Synthesis
2) Gene Synthesis Market By Service: Antibody DNA Synthesis, Viral DNA Synthesis, Other Services
3) Gene Synthesis Market By Application: Gene And Cell Therapy Development, Vaccine Development, Disease Diagnosis, Other Applications
4) Gene Synthesis Market By End-User: Biotechnology And Pharmaceutical Companies, Academic And Government Research Institutes, Contract Research Organizations
North America was the largest region in the gene synthesis market in 2022.
The table of contents in TBRC’s gene synthesis market report includes:
1. Executive Summary
2. Gene Synthesis Market Characteristics
3. Gene Synthesis Market Trends And Strategies
4. Gene Synthesis Market - Macro Economic Scenario
5. Gene Synthesis Market Size And Growth
....
26. Africa Gene Synthesis Market
27. Gene Synthesis Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gene Synthesis Market
29. Gene Synthesis Market Future Outlook and Potential Analysis
30. Appendix
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