Product Code: GVR-4-68040-114-3
Gene Synthesis (Research Use) Market Growth & Trends:
The global gene synthesis (research use) market size is expected to reach USD 5.14 billion by 2030 and is expected to grow at a CAGR of 16.1% from 2023 to 2030, according to a new report by Grand View Research, Inc.. The market growth is primarily propelled by the growing number of research & development activities, increasing market competition, and the rising development in the field of synthetic biology. The wide range of applications associated with gene synthesis is also projected to drive the market growth. The methods involved in gene synthesis have unique advantages and make it feasible for widespread use. For instance, the solid-phase synthesis technique involved in gene synthesis allows for the acceleration of synthesis reaction by using solution-phase reagents in excess.
It can be conducted without the need for a purification process after each step. In addition, this method helps in improving the efficiency of the synthesis process. Thus, several companies, including Agilent Technology and Blue Heron Biotech, use solid-phase synthesis methods for gene synthesis. The market growth has been fueled significantly during the last few years owing to the growing interest in synthetic biology and gene synthesis research and development activities. In addition, established research institutions and universities that conduct research activities on synthetic biology and gene synthesis are expected to support the market growth. For instance, the Center for Synthetic Biology at the University of Copenhagen is one of the leading departments conducting research on synthetic biology in Denmark.
In addition, Integrated DNA Technologies (IDT), a major company in the gene synthesis market, introduced the Collab Network in February 2023, which unites industry partners and researchers for impactful research and technological development. These factors are expected to augment the growth in gene synthesis in the coming years. Furthermore, the growing industry competition strengthens gene synthesis services. Key companies implement various approaches to provide cost-effective services and bolster their position in the industry. These market players are focusing on upcoming opportunities in the market. For instance, a team of Evonetix, a company in gene synthesis, attended the Synthetic Biology: Engineering, Evolution & Design (SEED) 2023 conference in Los Angeles to understand the advances in synthetic biology, which can help them reinforce their position in the gene synthesis and synthetic biology industry.
Gene Synthesis (Research Use) Market Report Highlights:
- The solid-phase synthesis segment witnessed the highest revenue share in 2022 due to various benefits & advantages offered by this method and its high adoption by many players
- The antibody DNA synthesis services segment held the largest revenue share in 2022 due to the high adoption of gene synthesis and its effectiveness in developing antibodies
- The gene & cell therapy development application segment held the largest revenue share in 2022 and is expected to register the fastest CAGR over the forecast period. A rising number of gene & cell therapy development activities drives segment growth
- The clinical research phase segment held the largest revenue share in 2022 and is expected to witness the fastest CAGR over the forecast period. Supportive government policies and the important role of gene synthesis in developing gene therapies are anticipated to drive the segment growth
- The academic & government research institutions end-use segment accounted for the largest share in 2022. The growing interest and emphasis on synthetic biology research are expected to propel the segment's growth
- North America held the largest market share in 2022 due to the presence of various prominent players in the region. Asia Pacific is anticipated to register the fastest CAGR during the forecast period owing to the rising number of research activities for the development of therapeutics
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.1.1. Market definitions
- 1.2. Information Procurement
- 1.2.1. Market formulation & data visualization
- 1.2.2. Data validation & publishing
- 1.3. Research Assumptions
- 1.4. Research Methodology
- 1.4.1. Purchased database
- 1.4.2. GVR's internal database
- 1.4.3. Secondary sources
- 1.4.4. Primary research
- 1.4.5. Details of primary research
- 1.5. Information or Data Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Commodity flow analysis
- 1.7.1.1. Approach 1: Commodity flow approach
- 1.8. List of Secondary Sources
- 1.9. Global Market: CAGR Calculation
- 1.10. Objectives
- 1.10.1. Objective 1
- 1.10.2. Obective 2
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Trends and Outlook
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.1.1. Rising investment in synthetic biology market
- 3.3.1.2. Advent of enzymatic DNA synthesis process
- 3.3.1.3. Technological advancements in the DNA synthesis platforms
- 3.3.1.4. Declining price of DNA synthesis & sequencing
- 3.3.2. Market Restraint Analysis
- 3.3.2.1. Lack of skilled professionals
- 3.3.2.2. Misuse of gene synthesis
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.4.2. SWOT Analysis; By Factor (Political & Legal, Economic and Technological)
- 3.4.3. COVID-19 Impact Analysis
Chapter 4. Gene Synthesis (Research Use) Market: Method Estimates & Trend Analysis
- 4.1. Global Gene Synthesis (Research Use) Market: Method Movement Analysis
- 4.2. Solid-phase Synthesis
- 4.2.1. Solid Phase Synthesis Market, 2018 - 2030 (USD Million)
- 4.3. Chip-based Synthesis
- 4.3.1. Chip Based Synthesis Market, 2018 - 2030 (USD Million)
- 4.4. PCR-based Enzyme Synthesis
- 4.4.1. PCR based Enzyme Synthesis Market, 2018 - 2030 (USD Million)
Chapter 5. Gene Synthesis (Research Use) Market: Service Estimates & Trend Analysis
- 5.1. Global Gene Synthesis (Research Use) Market: Services Movement Analysis
- 5.2. Antibody DNA Synthesis
- 5.2.1. Antibody DNA Synthesis Market, 2018 - 2030 (USD Million)
- 5.3. Viral DNA Synthesis
- 5.3.1. Viral DNA Synthesis Market, 2018 - 2030 (USD Million)
- 5.4. Others
- 5.4.1. Others Market, 2018 - 2030 (USD Million)
Chapter 6. Gene Synthesis (Research Use) Market: Application Estimates & Trend Analysis
- 6.1. Global Gene Synthesis (Research Use) Market: Application Movement Analysis
- 6.2. Gene & Cell Therapy Development
- 6.2.1. Gene & Cell Therapy Development Market, 2018 - 2030 (USD Million)
- 6.3. Vaccine Development
- 6.3.1. Vaccine Development Market, 2018 - 2030 (USD Million)
- 6.4. Others
- 6.4.1. Others Market, 2018 - 2030 (USD Million)
Chapter 7. Gene Synthesis (Research Use) Market: Research Phase Estimates & Trend Analysis
- 7.1. Global Gene Synthesis (Research Use) Market: Research Phase Movement Analysis
- 7.2. Preclinical
- 7.2.1. Preclinical Market, 2018 - 2030 (USD Million)
- 7.3. Clinical
- 7.3.1. Clinical Market, 2018 - 2030 (USD Million)
Chapter 8. Gene Synthesis (Research Use) Market: End-use Estimates & Trend Analysis
- 8.1. Global Gene Synthesis (Research Use) Market: End-use Movement Analysis
- 8.2. Biopharmaceutical & Pharmaceutical Companies
- 8.2.1. Biopharmaceutical & Pharmaceutical Companies Market, 2018 - 2030 (USD Million)
- 8.3. Academic & Government Research Institutes
- 8.3.1. Academic & Government Research Institutes Market, 2018 - 2030 (USD Million)
- 8.4. Contract Research Organizations
- 8.4.1. Contract Research Organizations Market, 2018 - 2030 (USD Million)
Chapter 9. Gene Synthesis (Research Use) Market: Region Estimates & Trend Analysis
- 9.1. Gene Synthesis (Research Use) Market: Region Outlook
- 9.2. North America
- 9.2.1. North America gene synthesis (research use) market estimates and forecast, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. Key Country Dynamics
- 9.2.2.2. Target Disease Prevalence
- 9.2.2.3. Competitive Scenario
- 9.2.2.4. Regulatory Framework
- 9.2.2.5. U.S. gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Key Country Dynamics
- 9.2.3.2. Target Disease Prevalence
- 9.2.3.3. Competitive Scenario
- 9.2.3.4. Regulatory Framework
- 9.2.3.5. Canada gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe gene synthesis (research use) market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2. Germany
- 9.3.2.1. Key Country Dynamics
- 9.3.2.2. Target Disease Prevalence
- 9.3.2.3. Competitive Scenario
- 9.3.2.4. Regulatory Framework
- 9.3.2.5. Germany gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3. France
- 9.3.3.1. Key Country Dynamics
- 9.3.3.2. Target Disease Prevalence
- 9.3.3.3. Competitive Scenario
- 9.3.3.4. Regulatory Framework
- 9.3.3.5. France gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.4. UK
- 9.3.4.1. Key Country Dynamics
- 9.3.4.2. Target Disease Prevalence
- 9.3.4.3. Competitive Scenario
- 9.3.4.4. Regulatory Framework
- 9.3.4.5. UK gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.5. Italy
- 9.3.5.1. Key Country Dynamics
- 9.3.5.2. Target Disease Prevalence
- 9.3.5.3. Competitive Scenario
- 9.3.5.4. Regulatory Framework
- 9.3.5.5. Italy gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.6. Spain
- 9.3.6.1. Key Country Dynamics
- 9.3.6.2. Target Disease Prevalence
- 9.3.6.3. Competitive Scenario
- 9.3.6.4. Regulatory Framework
- 9.3.6.5. Spain gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.7. Denmark
- 9.3.7.1. Key Country Dynamics
- 9.3.7.2. Target Disease Prevalence
- 9.3.7.3. Competitive Scenario
- 9.3.7.4. Regulatory Framework
- 9.3.7.5. Denmark gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.8. Sweden
- 9.3.8.1. Key Country Dynamics
- 9.3.8.2. Target Disease Prevalence
- 9.3.8.3. Competitive Scenario
- 9.3.8.4. Regulatory Framework
- 9.3.8.5. Sweden gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.9. Norway
- 9.3.9.1. Key Country Dynamics
- 9.3.9.2. Target Disease Prevalence
- 9.3.9.3. Competitive Scenario
- 9.3.9.4. Regulatory Framework
- 9.3.9.5. Norway gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.10. The Netherlands
- 9.3.10.1. Key Country Dynamics
- 9.3.10.2. Target Disease Prevalence
- 9.3.10.3. Competitive Scenario
- 9.3.10.4. Regulatory Framework
- 9.3.10.5. The Netherlands gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.11. Switzerland
- 9.3.11.1. Key Country Dynamics
- 9.3.11.2. Target Disease Prevalence
- 9.3.11.3. Competitive Scenario
- 9.3.11.4. Regulatory Framework
- 9.3.11.5. Switzerland gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific gene synthesis (research use) market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4.2. Japan
- 9.4.2.1. Key Country Dynamics
- 9.4.2.2. Target Disease Prevalence
- 9.4.2.3. Competitive Scenario
- 9.4.2.4. Regulatory Framework
- 9.4.2.5. Japan gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4.3. China
- 9.4.3.1. Key Country Dynamics
- 9.4.3.2. Target Disease Prevalence
- 9.4.3.3. Competitive Scenario
- 9.4.3.4. Regulatory Framework
- 9.4.3.5. China gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. Key Country Dynamics
- 9.4.4.2. Target Disease Prevalence
- 9.4.4.3. Competitive Scenario
- 9.4.4.4. Regulatory Framework
- 9.4.4.5. India gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4.5. Australia
- 9.4.5.1. Key Country Dynamics
- 9.4.5.2. Target Disease Prevalence
- 9.4.5.3. Competitive Scenario
- 9.4.5.4. Regulatory Framework
- 9.4.5.5. Australia gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4.6. South Korea
- 9.4.6.1. Key Country Dynamics
- 9.4.6.2. Target Disease Prevalence
- 9.4.6.3. Competitive Scenario
- 9.4.6.4. Regulatory Framework
- 9.4.6.5. South Korea gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.4.7. Thailand
- 9.4.7.1. Key Country Dynamics
- 9.4.7.2. Target Disease Prevalence
- 9.4.7.3. Competitive Scenario
- 9.4.7.4. Regulatory Framework
- 9.4.7.5. Thailand gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America gene synthesis (research use) market Estimates And Forecast, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Key Country Dynamics
- 9.5.2.2. Target Disease Prevalence
- 9.5.2.3. Competitive Scenario
- 9.5.2.4. Regulatory Framework
- 9.5.2.5. Brazil gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.5.3. Mexico
- 9.5.3.1. Key Country Dynamics
- 9.5.3.2. Target Disease Prevalence
- 9.5.3.3. Competitive Scenario
- 9.5.3.4. Regulatory Framework
- 9.5.3.5. Mexico gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.5.4. Argentina
- 9.5.4.1. Key Country Dynamics
- 9.5.4.2. Target Disease Prevalence
- 9.5.4.3. Competitive Scenario
- 9.5.4.4. Regulatory Framework
- 9.5.4.5. Argentina gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.6. Middle East & Africa
- 9.6.1. Middle East & Africa gene synthesis (research use) market Estimates And Forecast, 2018 - 2030 (USD Million)
- 9.6.2. Saudi Arabia
- 9.6.2.1. Key Country Dynamics
- 9.6.2.2. Target Disease Prevalence
- 9.6.2.3. Competitive Scenario
- 9.6.2.4. Regulatory Framework
- 9.6.2.5. Saudi Arabia gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.6.3. South Africa
- 9.6.3.1. Key Country Dynamics
- 9.6.3.2. Target Disease Prevalence
- 9.6.3.3. Competitive Scenario
- 9.6.3.4. Regulatory Framework
- 9.6.3.5. South Africa gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.6.4. UAE
- 9.6.4.1. Key Country Dynamics
- 9.6.4.2. Target Disease Prevalence
- 9.6.4.3. Competitive Scenario
- 9.6.4.4. Regulatory Framework
- 9.6.4.5. UAE gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
- 9.6.5. Kuwait
- 9.6.5.1. Key Country Dynamics
- 9.6.5.2. Target Disease Prevalence
- 9.6.5.3. Competitive Scenario
- 9.6.5.4. Regulatory Framework
- 9.6.5.5. Kuwait gene synthesis market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Strategy Mapping
- 10.3. Company Share Analysis, 2022
- 10.4. Company Profiles/Listing
- 10.4.1. GenScript
- 10.4.1.1. Overview
- 10.4.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 10.4.1.3. Method Benchmarking
- 10.4.1.4. Strategic Initiatives
- 10.4.2. Azenta, Inc. (GENEWIZ)
- 10.4.2.1. Overview
- 10.4.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 10.4.2.3. Method Benchmarking
- 10.4.2.4. Strategic Initiatives
- 10.4.3. Boster Biological Technology
- 10.4.3.1. Overview
- 10.4.3.2. Method Benchmarking
- 10.4.3.3. Strategic Initiatives
- 10.4.4. Twist Bioscience
- 10.4.4.1. Overview
- 10.4.4.2. Method Benchmarking
- 10.4.4.3. Strategic Initiatives
- 10.4.5. ProteoGenix, Inc
- 10.4.5.1. Overview
- 10.4.5.2. Method Benchmarking
- 10.4.5.3. Strategic Initiatives
- 10.4.6. Biomatik.
- 10.4.6.1. Overview
- 10.4.6.2. Method Benchmarking
- 10.4.6.3. Strategic Initiatives
- 10.4.7. ProMab Biotechnologies, Inc.
- 10.4.7.1. Overview
- 10.4.7.2. Method Benchmarking
- 10.4.7.3. Strategic Initiatives
- 10.4.8. Thermo Fisher Scientific, Inc
- 10.4.8.1. Overview
- 10.4.8.2. Method Benchmarking
- 10.4.8.3. Strategic Initiatives
- 10.4.9. Integrated DNA Technologies, Inc. (Danaher)
- 10.4.9.1. Overview
- 10.4.9.2. Method Benchmarking
- 10.4.9.3. Strategic Initiatives
- 10.4.10. OriGene Technologies, Inc.
- 10.4.10.1. Overview
- 10.4.10.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 10.4.10.3. Method Benchmarking
- 10.4.10.4. Strategic Initiatives