Global DNA Synthesis Market

DNA Synthesis Market Size, Share, Growth Analysis, By Service Type(Gene Synthesis, Oligonucleotide Synthesis), By Application(Research And Development, Therapeutics), By End-user(Biopharmaceutical Companies, Academic and Research Institutes) - Industry Forecast 2024-2031


Report ID: SQMIG35H2185 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 88 | Figures: 71

DNA Synthesis Market Competitive Landscape

The competitive landscape of the DNA synthesis market is characterized by a diverse array of companies offering a range of synthesis services and technologies. These companies compete based on factors such as the quality and accuracy of synthesized DNA, turnaround times, customization options, and pricing.

Innovation plays a crucial role in this landscape, with companies continually striving to develop advanced synthesis techniques, improve scalability, and enhance the overall efficiency of DNA synthesis processes. Partnerships and collaborations between industry players and academic institutions are also common, facilitating knowledge exchange and the development of cutting-edge solutions.

As the demand for custom DNA sequences expands across various industries, the competitive landscape is expected to remain dynamic, with companies seeking to differentiate themselves through technological advancements and superior service offerings.

DNA Synthesis Market Top Player’s Company Profiles

  • Thermo Fisher Scientific, Inc. (US)
  • Twist Bioscience (US)
  • Bioneer Corporation (South Korea)
  • Eton Bioscience (US)
  • LGC Biosearch Technologies (US)
  • IBA GmbH (Germany)
  • Eurofins Scientific (Luxembourg)
  • Integrated DNA Technologies, Inc. (US)
  • Quintara Biosciences (US)
  • GenScript Biotech Corporation (China)
  • Agilent Technologies (US)
  • Merck KGaA (Germany)
  • Eurogentec (Belgium)
  • Cambio Ltd. (UK)
  • Biomatik (Canada)

DNA Synthesis Market

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DNA Synthesis Market size was valued at USD 2.90 Billion in 2022 and is poised to grow from USD 3.46 Billion in 2023 to USD 14.53 Billion by 2031, at a CAGR of 19.63% during the forecast period (2024-2031). 

The competitive landscape of the DNA synthesis market is characterized by a diverse array of companies offering a range of synthesis services and technologies. These companies compete based on factors such as the quality and accuracy of synthesized DNA, turnaround times, customization options, and pricing. 'Thermo Fisher Scientific, Inc. (US)', 'Twist Bioscience (US)', 'Bioneer Corporation (South Korea)', 'Eton Bioscience (US)', 'LGC Biosearch Technologies (US)', 'IBA GmbH (Germany)', 'Eurofins Scientific (Luxembourg)', 'Integrated DNA Technologies, Inc. (US)', 'Quintara Biosciences (US)', 'GenScript Biotech Corporation (China)', 'Agilent Technologies (US)', 'Merck KGaA (Germany)', 'Eurogentec (Belgium)', 'Cambio Ltd. (UK)', 'Biomatik (Canada)'

A major key market driver for the DNA synthesis market is the continuous advancements in genetic engineering technologies. These innovations, including CRISPR-Cas9 and other gene-editing techniques, have significantly increased the demand for custom DNA sequences, driving the growth of DNA synthesis services. Researchers and biotech companies require precise and tailored DNA constructs for their experiments and applications, making DNA synthesis a critical component of cutting-edge genetic engineering projects.

Advancements in Gene Editing Technologies: A major market trend in the DNA synthesis industry is the continuous advancement of gene editing technologies, such as CRISPR-Cas9. These technologies are driving demand for custom DNA sequences, as they enable precise genetic modifications for a wide range of applications, including therapeutic development and agriculture. As gene editing tools become more accessible and versatile, the DNA synthesis market is poised for sustained growth, catering to the evolving needs of researchers and biotech companies.

North America is currently the dominating region in the DNA synthesis market. This dominance can be attributed to the presence of well-established biotechnology and pharmaceutical industries, strong research and development capabilities, and a higher adoption rate of advanced biotechnological tools and techniques. Additionally, favorable regulatory environments and significant investments in genomics research contribute to North America's leadership in this market.

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Global DNA Synthesis Market

Product ID: SQMIG35H2185

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