DNA Synthesis Market 2024: Advances in Genetic Engineering and Biotech Innovation

DNA Synthesis Market 2024: Advances in Genetic Engineering and Biotech Innovation

As per Fortune Business Insights’ report, the DNA synthesis market share sector attained a worth of USD 4.04 Billion in 2023. Forecasts indicate a promising path, foreseeing a Compound Annual Growth Rate (CAGR) of 17.1% from 2023 to 2032. This trajectory will culminate in a noteworthy achievement of USD 16.08 Billion by 2032, highlighting considerable opportunities within this flourishing high-volume industry. North America dominated the market in 2023.

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In a recent study, Fortune Business Insights presents the nitty-gritty of the global DNA Synthesis Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities, and market growth trends. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

Top Companies in the DNA Synthesis Market:

  • Thermo Fisher Scientific Inc. (U.S.)

  • Integrated DNA Technologies, Inc. (Danaher) (U.S.)

  • Eurofins Scientific (Luxembourg)

  • GenScript (U.S.)

  • Azenta, Inc. (U.S.)

  • LGC Limited (U.K.)

  • Biomatik (Canada)

  • Telesis Bio Inc. (U.S.)

  • Twist Bioscience (U.S.)

  • Bioneer Corporation (South Korea)

The DNA Synthesis Market study outlines the key regions of North America, Latin America, Europe, East Asia, and Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing, and gross margin.

DNA Synthesis Market Dynamics:

  • Advancements in Synthetic Biology and Biotechnology: Growing applications of synthetic biology, such as gene editing and biomanufacturing, drive demand for high-quality and affordable synthetic DNA.

  • Drug Discovery and Development: DNA synthesis plays a crucial role in creating gene libraries and optimizing drug candidates, accelerating the drug discovery process and reducing development costs.

  • Personalized Medicine and Genomics: The rise of personalized medicine relies on understanding individual genetic makeup, necessitating synthetic DNA for research and development of targeted therapies.

  • Academic and Research Applications: DNA synthesis is essential for research in various fields, including molecular biology, genetics, and biotechnology, fueling market growth.

  • Technological Advancements and Cost Reduction: Continuous improvements in DNA synthesis technologies and economies of scale lead to increased accessibility and affordability of synthetic DNA, expanding the market.

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The insights for each vendor consist of:

  • Company profile

  • SWOT analysis

  • Main market information

  • Market share

  • Revenue, pricing, and gross margin

Crucial insights in the DNA Synthesis Market research:

  1. Underlying macro- and microeconomic factors impacting the growth of the DNA Synthesis Market.

  2. Basic overview of DNA Synthesis Market, including market definition, classification, and applications.

  3. Scrutinization of each DNA Synthesis Market player based on mergers & acquisitions, R&D projects, and product launches.

  4. Adoption trend of DNA Synthesis Market across various industries.

  5. Important regions and countries offer lucrative opportunities to DNA Synthesis Market stakeholders.

Important regions covered in the DNA Synthesis Market report include:

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa

Table of Contents:

1. Introduction

1.1 Research Scope

1.2 Customer Segmentation

1.3 Data Gathering Strategies

1.4 Key Definitions & Caveats

2. Executive Summary

3. Market Dynamics

3.1 DNA Synthesis Market Drivers

3.2 DNA Synthesis Market Restraints

3.3 Market Opportunities

4. Key Insights

4.1 Value Chain

4.2 Major M&A moves and game-changing partnerships.

4.3 Covid-19 Impact

5. Future of the Healthcare Industry

6. Competitive Landscape

7. Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

8. DNA Synthesis Market Growth Size 2024

9. Strategies Adopted by Leading Players

10. Company Profiles (Overview, Financials, Products and Services, and Recent Developments)

11. Disclaimer

TOC Continued…!

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FAQ’s

  1. How big is the DNA Synthesis Market?

  2. What factors are influencing the DNA Synthesis Market growth in North America?

  3. Who are the key DNA Synthesis Market players?

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