DNA Synthesis Market Growth Forecasted at 18.5% CAGR to USD 10.5 Billion by 2030

Richmond, United States, 2024-Apr-12 — /EPR Network/ —

The DNA Synthesis Market, with a valuation of USD 3.2 Billion, is anticipated to reach USD 10.5 Billion by 2030. This growth reflects a robust compound annual growth rate (CAGR) of 18.5% during the forecast period 2030.

The DNA Synthesis Market is at the forefront of innovation in the field of synthetic biology, enabling the custom synthesis of DNA sequences for a wide range of applications in biotechnology, pharmaceuticals, agriculture, and research. DNA synthesis plays a crucial role in genetic engineering, gene editing, drug discovery, and molecular diagnostics, driving advancements in personalized medicine, biomanufacturing, and synthetic biology. In this blog, we will explore the dynamics, trends, innovations, and applications shaping the DNA Synthesis Market.

Download the Sample –
https://www.marketdigits.com/request/sample/3143

Major Vendors in the Global DNA Synthesis Market:

  • Brooks Automation, Inc. (GENEWIZ)
  • Boster Biological Technology
  • ProteoGenix
  • Biomatik
  • ProMab Biotechnologies, Inc.
  • Thermo Fisher Scientific, Inc.
  • Integrated DNA Technologies, Inc.
  • OriGene Technologies, Inc.

Understanding DNA Synthesis

DNA synthesis is the process of chemically assembling nucleotides to create custom-designed DNA sequences with specific genetic information. The synthesis of DNA sequences enables researchers and scientists to engineer novel genetic constructs, modify existing genes, and create synthetic DNA libraries for various applications in molecular biology and biotechnology. DNA synthesis technologies have evolved rapidly, enabling high-throughput, automated synthesis of DNA fragments, genes, and genomes with precise control over sequence design and length.

Market Dynamics

  • Rapid Advancements in Gene Editing and Synthetic Biology: The rapid advancements in gene editing technologies such as CRISPR-Cas9 and synthetic biology tools have fueled the demand for custom DNA synthesis services and products. DNA synthesis enables the design and construction of DNA sequences for gene editing, gene synthesis, and genetic engineering applications, driving innovation in biotechnology, medicine, and agriculture.
  • Growing Demand for Personalized Medicine and Precision Agriculture: The growing demand for personalized medicine and precision agriculture is driving the adoption of DNA synthesis technologies for the development of custom DNA-based therapeutics, diagnostics, and crop improvement solutions. DNA synthesis enables the design and synthesis of customized DNA constructs, gene therapies, and molecular diagnostics tailored to individual patient profiles and agricultural needs.
  • Expansion of Biopharmaceutical R&D and Biomanufacturing: The expansion of biopharmaceutical R&D and biomanufacturing activities is driving the demand for DNA synthesis services and products for the development of recombinant proteins, therapeutic antibodies, and gene therapies. DNA synthesis enables the design and production of synthetic genes, gene expression vectors, and gene editing tools for biopharmaceutical production and drug discovery applications.

Request for Discount
https://www.marketdigits.com/request/discount/3143

Market Trends and Innovations

  • High-Throughput DNA Synthesis Platforms: High-throughput DNA synthesis platforms enable the rapid and cost-effective synthesis of large DNA fragments, gene libraries, and genomes with high accuracy and fidelity. Next-generation DNA synthesis technologies such as oligonucleotide synthesis, microarray-based synthesis, and enzymatic synthesis enable parallel synthesis of thousands to millions of DNA sequences simultaneously, accelerating research and development in synthetic biology and genomics.
  • Custom DNA Design Software and Bioinformatics Tools: Custom DNA design software and bioinformatics tools enable researchers and scientists to design and optimize DNA sequences for specific applications in gene editing, protein engineering, and synthetic biology. DNA design software utilizes algorithms and machine learning techniques to predict DNA secondary structures, optimize codon usage, and design functional DNA sequences with desired properties and functions.
  • Expansion of DNA Data Storage and Synthetic Genomics: The expansion of DNA data storage and synthetic genomics applications is driving innovation in DNA synthesis technologies for data encoding, information storage, and synthetic genome construction. DNA synthesis enables the encoding of digital information into DNA sequences for long-term archival storage and the construction of synthetic genomes for studying gene function, evolution, and biotechnology applications.

Applications of DNA Synthesis

  • Gene Editing and Genome Engineering: DNA synthesis enables the design and construction of synthetic DNA sequences for gene editing, genome engineering, and genetic modification applications. Custom DNA synthesis services provide researchers with access to customized DNA constructs, gene libraries, and gene editing tools for studying gene function, disease mechanisms, and therapeutic targets.
  • Molecular Diagnostics and Precision Medicine: DNA synthesis is used in molecular diagnostics and precision medicine for the development of custom DNA probes, primers, and synthetic genes for DNA sequencing, PCR amplification, and molecular diagnostic assays. Custom DNA synthesis enables the design and production of DNA-based diagnostic tests and personalized therapies tailored to individual patient genomes and disease profiles.
  • Biopharmaceutical Production and Drug Discovery: DNA synthesis plays a crucial role in biopharmaceutical production and drug discovery for the development of recombinant proteins, therapeutic antibodies, and gene therapies. Custom DNA synthesis services provide pharmaceutical companies with access to custom-designed DNA constructs, gene expression vectors, and synthetic genes for biomanufacturing and drug development applications.

Segmentations Analysis of DNA Synthesis Market: –

  • By Service Type:
    • Oligonucleotide Synthesis
      • Universal Oligonucleotide Synthesis
      • Custom Oligonucleotide Synthesis
    • Gene Synthesis
      • Custom Gene Synthesis
      • Gene Library Synthesis
  • By Application:
    • Research and Development
    • Academic Applications
    • Industrial Applications
    • Diagnosis
    • Therapeutics
  • By End User:
    • Biopharmaceutical Companies
    • Academic and Research Institutes
    • Contract Research Organizations
  • By Region
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
      • Peru
      • Rest of Latin America
    • Europe
      • Germany
      • France
      • Italy
      • Spain
      • U.K.
      • BENELUX
      • CIS & Russia
      • Nordics
      • Austria
      • Poland
      • Rest of Europe
    • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • Indonesia
    • Malaysia
    • Vietnam
    • Australia & New Zealand
    • Rest of Asia Pacific
    • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Nigeria
    • Egypt
    • Israel
    • Turkey
    • Rest of MEA

 Recent Developments

  • In March 2021, Aldevron expanded its manufacturing facility at Madison. At this new facility, the company is scaling up the manufacturing of gene synthesis products and ground-breaking therapies, among others. The company has expanded its product manufacturing and boosted the project scope and scale through this expansion.
  • In January 2023, Twist Bioscience and Astellas entered into a multitarget antibody discovery research collaboration. This strategic collaboration aimed to discover antibodies against multiple targets of interest and curative therapies for patients suffering from diseases that lack treatment options. This strategy is expected to help the company to enhance its service offerings.

Buy Now :
https://www.marketdigits.com/checkout/3143?lic=s

Conclusion

In conclusion, the DNA Synthesis Market is driving innovation and transformation in synthetic biology, genetic engineering, and biotechnology, enabling the design and construction of custom DNA sequences for a wide range of applications in healthcare, agriculture, and industrial biotechnology. With the rapid advancements in gene editing technologies, bioinformatics tools, and high-throughput DNA synthesis platforms, the DNA Synthesis Market is poised for continued growth and expansion, offering opportunities for research institutions, biotechnology companies, and pharmaceutical manufacturers to advance scientific discovery, develop novel therapeutics, and address global challenges in healthcare and sustainability.

Contact Us:
1248 CarMia Way Richmond,
VA 23235, United States.
Phone: +1 510-730-3200
Email: sales@marketdigits.com
Website: https://www.marketdigits.com

Matched content

Editor’s pick

Express Press Release Distribution