Gene Synthesis Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028
Report Description
Research Snapshot-
The global Gene Synthesis market size was valued at USD 1,207.1 million in 2021, expanding at a CAGR 29.6% from 2022-2028 to reach 9,000.6 Million USD in 2028.
Market Dynamics
Gene Synthesis market is expected to witness substantial growth over the forecast period. Recent technological advancements have led to the development of well-designed products and services, including molecular separation, gene synthesis on microchips, and protein purification, which have all accelerated life science research. Gene synthesis has been recognised as an effective and affordable substitute for conventional cloning and mutagenesis processes. Federal funding for a number of university research initiatives is being pushed for by these trustworthy and time-saving solutions in industrialised nations, and they are also driving the market. It is anticipated that over the coming years, clinical research will place a greater emphasis on uncovering biological systems at the fundamental molecular level, which will fuel demand in the gene synthesis industry.
It is anticipated that during the forecast period, the demand in the gene synthesis market will mainly be attributed to the increasing emphasis on clinical research to uncover biological systems at the fundamental molecular level. The growth of life science research is due to the recent technological advancements and developments that have produced well-designed goods and services, including molecular separation, gene synthesis on microchips, and protein purification.
Regional Insights
North America is estimated to dominate the global market. The main drivers of the enormous market include the incidence of genetic and chronic diseases like cancer, as well as the ageing population, rising demand for targeted and customised medication, and government programmes that encourage gene synthesis. However, due to growing investment from governmental and commercial organisations, Asia Pacific is predicted to become a profitable market in the near future.
Segment Dynamics
The Gene Synthesis market is fragmented into the product type, and end-user segments. Based on the product type, the gene library synthesis segment is anticipated to dominate the market. By end-user, the academic and research institutions is expected to hold the majority of the market share.
Competitive Insights
The Gene Synthesis market is highly competitive in nature with the presence of local & international players. Major players in the industry engage in strategic merger & acquisition, partnership, and new product launches to remain competent in the market. Market participants offer a range of services related to gene synthesis, including library preparation, DNA isolation, data analysis, sequencing, and biological interpretation of the results in an understandable format. Numerous businesses provide services. For instance, Novogene offers a variety of services for gene synthesis for various sample types. On the other hand, Eurofins Genomics is the first service provider in Europe to offer gene synthesis services using the Roche/454 GS20.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses market size and forecast of Gene Synthesis by type, region, and end user. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- GenScript
- GENEWIZ
- Boster Biological Technology
- Twist Bioscience
- ProteoGenix
- Biomatik
- ProMab Biotechnologies
- Thermo Fisher Scientific
- Integrated DNA Technologies
- OriGene Technologies
Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Gene Library Synthesis
- Custom Gene Synthesis
End User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Research Organizations
- Academic and Research Institutes
- Biopharmaceutical Companies
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
TABLE OF CONTENT
1. Gene Synthesis Market Overview
1.1. Product Overview and Scope of Gene Synthesis
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Gene Synthesis Market Size Growth Rate Analysis by Product, 2021 VS 2028
1.3.1. Gene Library Synthesis
1.3.2. Custom Gene Synthesis
1.4. Global Gene Synthesis Consumption Comparison by Application: 2021 VS 2028
1.4.1. Research Organizations
1.4.2. Academic and Research Institutes
1.4.3. Biopharmaceutical Companies
1.5. Global Gene Synthesis Market Size Estimates and Forecasts by Region: 2021 VS 2028
1.5.1. North America Gene Synthesis Estimates
1.5.2. Europe Gene Synthesis Estimates
1.5.3. China Gene Synthesis Estimates
1.5.4. Japan Gene Synthesis Estimates
2. Market Competition by Manufacturers
2.1. Global Gene Synthesis Revenue Market Share by Manufacturers (2020)
2.2. Gene Synthesis Market Share by Company Product (Tier 1, Tier 2 and Tier 3)
2.3. Global Gene Synthesis Average Price by Manufacturers (2017-2021)
2.4. Manufacturers Gene Synthesis Production Sites, Area Served, Product Types
2.5. Gene Synthesis Market Competitive Situation and Trends
2.5.1. Gene Synthesis Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Gene Synthesis Consumption by Region (2017-2021)
3.1. Global Gene Synthesis Consumption by Region
3.2. Global Gene Synthesis Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Gene Synthesis Consumption Growth Rate (2017-2021)
3.2.3. North America Gene Synthesis Consumption, Price and Gross Margin (2017-2021)
3.2.4. North America Gene Synthesis Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Gene Synthesis Consumption Growth Rate (2017-2021)
3.2.7. Europe Gene Synthesis Consumption, Price and Gross Margin (2017-2021)
3.2.8. Europe Gene Synthesis Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Gene Synthesis Consumption Growth Rate (2017-2021)
3.2.11. Asia Pacific Gene Synthesis Consumption, Price and Gross Margin (2017-2021)
3.2.12. Asia Pacific Gene Synthesis Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Gene Synthesis Consumption Growth Rate (2017-2021)
3.2.15. South America Gene Synthesis Consumption, Price and Gross Margin (2017-2021)
3.2.16. South America Gene Synthesis Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Gene Synthesis Consumption Growth Rate (2017-2021)
3.2.19. Middle East and Africa Gene Synthesis Consumption, Price and Gross Margin (2017-2021)
3.2.20. Middle East and Africa Gene Synthesis Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Gene Synthesis Consumption by Product (2017-2021)
4.1. Global Gene Synthesis Price by Product (2017-2021)
4.2. Global Gene Synthesis Revenue Market Share by Product (2017-2021)
4.2.1. Gene Library Synthesis
4.2.2. Custom Gene Synthesis
5. Global Gene Synthesis Consumption by Application (2017-2021)
5.1. Global Gene Synthesis Price by Application (2017-2021)
5.2. Global Gene Synthesis Revenue Market Share by Application (2017-2021)
5.2.1. Research Organizations
5.2.2. Academic and Research Institutes
5.2.3. Biopharmaceutical Companies
6. Key Companies Profiled
6.1. GenScript
6.1.1. GenScript Gene Synthesis Corporation Information
6.1.2. GenScript Gene Synthesis Product Portfolio
6.1.3. GenScript Gene Synthesis Consumption, Price and Gross Margin (2017-2021)
6.1.4. GenScript Main Business and Markets Served
6.1.5. GenScript Recent Developments/Updates
6.2. GENEWIZ
6.3. Boster Biological Technology
6.4. Twist Bioscience
6.5. ProteoGenix
6.6. Biomatik
6.7. ProMab Biotechnologies
6.8. Thermo Fisher Scientific
6.9. Integrated DNA Technologies
6.10. OriGene Technologies
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. Gene Synthesis Distributors List
7.3. Gene Synthesis Customers
8. Market Dynamics
8.1. Gene Synthesis Industry Trends
8.2. Gene Synthesis Growth Drivers
8.3. Gene Synthesis Market Challenges
8.4. Gene Synthesis Market Restraints
9. Global Gene Synthesis Consumption and Demand Forecast, by Region (2022-2028)
9.1. Global Forecasted Demand Analysis of Gene Synthesis, by Regions and Country
9.1.1. North America Forecasted Consumption of Gene Synthesis by Country
9.1.2. Europe Market Forecasted Consumption of Gene Synthesis by Country
9.1.3. Asia Pacific Market Forecasted Consumption of Gene Synthesis by Region
9.1.4. Latin America Forecasted Consumption of Gene Synthesis by Country
9.1.5. Middle East and Africa Forecasted Consumption of Gene Synthesis by Country
10. Global Gene Synthesis Consumption and Demand Forecast, by Product Segments (2022-2028)
10.1. Global Forecasted Consumption of Gene Synthesis by Product Segments (2022-2028)
10.2. Global Consumption and Price Forecast by Product Segments (2022-2028)
10.3. Global Forecasted Growth Rate of Gene Synthesis by Product Segments (2022-2028)
11. Global Gene Synthesis Consumption and Demand Forecast, by Application Segments (2022-2028)
11.1. Global Forecasted Consumption of Gene Synthesis by Application Segments (2022-2028)
11.2. Global Consumption and Price Forecast by Application Segments (2022-2028)
11.3. Global Forecasted Growth Rate of Gene Synthesis by Application Segments (2022-2028)
12. Research Finding and Conclusion
13. Methodology and Data Source
13.1. Methodology/Research Approach
13.1.1. Research Programs/Product
13.1.2. Market Size Estimation
13.1.3. Market Breakdown and Data Triangulation
13.2. Data Source
13.2.1. Secondary Sources
13.2.2. Primary Sources
13.3. Author List
13.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
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