Global Gene Synthesis Market Is Expected To Reach 562 M USD In The End Of 2024

New report published by Global Info Research which offers insights on the global Gene Synthesis market.

 

Gene synthesis refers to chemically synthesizing a strand of DNA base-by-base. Unlike DNA replication that occurs in cells or by Polymerase Chain Reaction (PCR), gene synthesis does not require a template strand. Rather, gene synthesis involves the step-wise addition of nucleotides to a single-stranded molecule, which then serves as a template for creation of a complementary strand. Gene synthesis is the fundamental technology upon which the field of synthetic biology has been built.

 

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Global Gene Synthesis Market: Forecast by Type / Application / Region

 

Market Segment by Manufacturers covers: Genescript, GeneArt (Thermofischer), IDT, DNA 2.0 (ATUM) , OriGene, BBI, Genewiz, Eurofins Genomics, Gene Oracle, SBS Genetech, Bio Basic.

 

Market Segment by Types covers: Below 1000 bp, 1001 – 3000 bp, 3001- 5000 bp, Above 5000 bp

 

Market Segment by Applications can be divided into: Commercial, Academic Research.

 

In the last several years, global market of Gene Synthesis developed rapidly, with the CAGR (from 2013 to 2017) of 12.5%. In 2017, global sales revenue of Gene Synthesis is nearly 202 M USD; meanwhile the global market is expected to reach 562 M USD in the end of 2024.

 

Genescript is the largest supplier of Gene Synthesis, with a sales market share nearly 30% in 2017. That is to say, Genescript is the most popular Gene Synthesis in global, and with most of the Gene Synthesis market share in global. Again, top 6 players dominated 80% global gene synthesis market share’ total, with most of which were USA companies.

 

Despite Genscript was ranked #1 in global gene synthesis market, other sophisticated companies in the US and Europe may enter into this sector through M&A on smaller competitors to Genscript or buying related business from other market. This will result in reshuffling of the biomedicine research services’ market, and that Genscript may loss its market share.

 

The classification of Gene Synthesis includes below 1000 bp, 1001 – 3000 bp, 3001 – 5000 bp and Above 5000 bp. The proportion of 1000 – 3000 bp in 2017 is about 40%, the proportion of below 1000 bp in 2017 is about 26.1%, and the proportion of 3001 – 5000 bp in 2017 is about 22.85%.

 

North America is the largest consumption market, with a consumption market share nearly 40% in 2017. Followed by North America, Asia Pacific is the second largest consumption place with the consumption market share of 29.9%.

 

Gene Synthesis is used for Commercial and Academic Research. Report data showed that 50.1 % of the Gene Synthesis market used of Academic Research in 2017.

 

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Related Information:

United States Gene Synthesis Market 2018 Forecast to 2023

Europe Gene Synthesis Market 2018 Forecast to 2023

North America Gene Synthesis Market 2018 Forecast to 2023

Asia-Pacific Gene Synthesis Market 2018 Forecast to 2023

China Gene Synthesis Market 2018 Forecast to 2023

EMEA Gene Synthesis Market 2018 Forecast to 2023

Global Gene Synthesis Market 2018 Forecast to 2023

 

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