31-May-2019 | Zion Market Research
Zion Market Research has published a new report titled “Gene Synthesis Market By Method (Oligonucleotides and Gene Assembly), By Type (Gene Library Synthesis and Custom Gene Synthesis), By Component (Product and Services), and By Application (Research and Development, Diagnosis, Therapeutics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018–2026”. According to the report, the global gene synthesis market was approximately USD 3,166 million in 2018 and is expected to generate around USD 21,565 million by 2026, at a CAGR of around 27.1% between 2019 and 2026.
Gene synthesis is a synthetic biological procedure conducted via in vitro conditions. In gene synthesis, the DNA is duplicated or synthesized with various chemicals. Gene synthesis provides flexibility to the engineered and synthesized target sequences for any kind of downstream application. The increasing investments made by leading companies and government of developing countries in gene synthesis, the introduction of new and cost-effective gene synthesis technology, growing awareness about the treatment for genetically inherited diseases, and the rising prominence of clinical research to understand biological systems at their core molecular levels are fueling the global gene synthesis market.
Browse the full “Gene Synthesis Market By Method (Oligonucleotides and Gene Assembly), By Type (Gene Library Synthesis and Custom Gene Synthesis), By Component (Product and Services), and By Application (Research and Development, Diagnosis, Therapeutics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/gene-synthesis-market
The gene synthesis market is fragmented into the method, type, component, and application. By the method, the gene synthesis market includes oligonucleotides and gene assembly. The oligonucleotide segment is sub-segmented into ion semiconductor sequencing, high-throughput array-based gene synthesis technology, phosphoramidite reaction cycle, and nanopore sequencing. Gene assembly segment is further divided into polymerase-based (PCR, OE, polymerase cycling assembly, TBIO, microchip-based multiplex gene synthesis, and others), ligase-based (shotgun ligation, two-step ligation and PCR, ligase chain reaction, and brick-based), and recombinant-based (transformation-associated recombination, SLIC, and biobrick assembly). The gene assembly segment dominated the gene synthesis market in 2018, due to the growing use and awareness about the benefits of ligase-based and polymerase-based gene assembly for gene synthesis.
The type segment is divided into custom library synthesis and gene library synthesis. The custom gene synthesis is further sub-segmented into customized coding sequences, RNAi constructs, genomic DNA, cDNA, and others. The custom gene synthesis segment is expected to show the highest growth rate in the years ahead, due to the developments witnessed in sequencing technologies, increasing number of sequencing procedures, and the introduction of easy-to-use consumables.
Based on component, the market is bifurcated into product and services. The product segment dominated the global gene synthesis market in 2018.
Based on application, the market includes research and development, therapeutics, diagnosis, and others. The research and development segment dominated the global gene synthesis market in 2018, due to the increasing number of gene-related research activities.
By region, North America is expected to dominate the global gene synthesis market in the future, due to the increasing awareness about the growing prevalence of gene-related diseases, rising research on the treatment of these diseases, and the presence of highly developed research infrastructure. The Asia Pacific gene synthesis market is projected to show the highest growth rate in the upcoming years, owing to the growing investments made by companies and government in gene synthesis research, rising number of biopharmaceutical establishments and biotechnology companies, and increasing numbers of gene tests for the diagnosis of gene-related diseases.
Some key players of the global gene synthesis market are ATDBio, ATUM, Bioneer Corporation, BioCat, Blue Heron Biotech, Biomatik, Epoch Life Science, GENEWIZ, Eurofins Genomics, Integrated DNA Technologies, Genscript, Kaneka Eurogentec, ProteoGenix, OriGene Technologies, Shanghai Medicilon, Thermo Fisher Scientific, Synbio Technologies, and Vigene Biosciences.
This report segments the global gene synthesis market into:
Global Gene Synthesis Market: Method Analysis
Global Gene Synthesis Market: Type Analysis
Global Gene Synthesis Market: Component Analysis
Global Gene Synthesis Market: Application Analysis
Global Gene Synthesis Market: Regional Analysis
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