1. What is the projected Compound Annual Growth Rate (CAGR) of the DNA Synthesis Market?
The projected CAGR is approximately 17.1%.
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DNA Synthesis MarketDNA Synthesis Market by Product & Service (Products, Services), by Type (Oligonucleotide Synthesis & Gene Synthesis), by Application (Diagnostics, , Therapeutics), by End-user (Pharmaceutical & Biotechnology Companies, Contract Research Organizations & Contract Development And Manufacturing Organizations), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2026-2034
The size of the DNA Synthesis Market was valued at USD 4.04 USD billion in 2023 and is projected to reach USD 12.20 USD billion by 2032, with an expected CAGR of 17.1% during the forecast period. DNA synthesis is the biological process through which cells replicate and create new strands of DNA, enabling genetic information to be passed on during cell division. It can also be achieved artificially in laboratories for various purposes, such as gene cloning, synthetic biology, and drug development. DNA synthesis is central to numerous scientific fields, including molecular biology, biotechnology, and genetic engineering.
The DNA Synthesis Market is experiencing dynamic growth, propelled by a confluence of transformative trends that are redefining the landscape of biology, medicine, and research. The increasing sophistication and accessibility of DNA synthesis are unlocking unprecedented opportunities across various sectors.
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 17.1% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 17.1%.
Key companies in the market include 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 market segments include Product & Service, Type, Application, End-user.
The market size is estimated to be USD 4.04 USD billion as of 2022.
Increasing Demand for DNA Synthesis Products & Services Due to its Multiple Applications to Propel Market Growth.
Increasing Demand for DNA Synthesis Products & Services Due to its Multiple Applications to Propel Market Growth.
Increasing Demand for DNA Synthesis Products & Services Due to its Multiple Applications to Propel Market Growth.
November 2023: Twist Bioscience introduced Twist Express Genes, a new gene synthesis service offering genes ranging from 0.3 to 5.0kb with an expedited shipping turnaround of five to seven business days.
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
The market size is provided in terms of value, measured in USD billion.
Yes, the market keyword associated with the report is "DNA Synthesis Market," which aids in identifying and referencing the specific market segment covered.
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