(Health-NewsWire.Net, February 12, 2019 ) The global gene synthesis market estimated to grow at a CAGR of 28.7% during the forecast period from 2018 to 2025. The gene synthesis market was valued at USD 2,866.1 Mn in 2017 and is estimated to reach US$ 20,122.3 Mn by 2025. The global gene synthesis market is segmented on the basis of product & services, application, end user and geography. On the basis of product & services, the gene synthesis market is segmented into consumables, software and services. On the basis of application, the gene synthesis market is segmented into diagnostics, therapeutics, research & developmental activities and others. Based on end user, the gene synthesis market is classified as academic & research institutes, diagnostics laboratories, biotech & pharmaceutical companies and others.
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Gene synthesis is a technique of synthetic biology which is used to create artificial genes in the laboratory. The technique is used for molecular cloning, creating fusion proteins, or achieving sufficiently high protein expression levels. Compared to traditional molecular cloning techniques, the gene synthesis service is helpful in saving both time and money while offering unparalleled top to bottom customizability. The gene synthesis market is aimed to describe, define and estimate the forecast for market size of the gene synthesis till 2025. The report strategically analyzes macro and micro-markets to entail the major factors impacting the growth of the global gene synthesis market. The market report for gene synthesis is appropriate to cater the needs and demands of various stakeholders that include pharmaceutical, research institutes, biotechnology and medical companies in the form of research services.
Leading Gene Synthesis Market Players: 1. Thermo Fisher Scientific Inc 2. Integrated DNA Technologies, Inc. 3. Twist Bioscience 4. OriGene Technologies, Inc. 5. BioCat GmbH 6. GenScript 7. Eurofins Scientific 8. Bioneer Corporation 9. ATUM 10. GENEWIZ
The products & services segment is expected to accelerate the growth of the global gene synthesis market. Products such as consumables are used in the synthesis of DNA, which includes genetic analysers, DNA synthetizer, and peptide synthetizer. The consumables are used in the numerous stages of the gene synthesis procedures which include sample preparation, storing the samples and its purification, preparation of the library and quantification, and amplification. For instance, Illumina, Inc. offers Nextera DNA Library Prep Kit, ForenSeq DNA Signature Prep Kit, Nextera DNA Flex Library Prep, and Nextera Mate Pair Library Prep Kit for the library preparation in the gene synthesis.
The major players operating in the gene synthesis market include Thermo Fisher Scientific Inc, Integrated DNA Technologies, Inc., Twist Bioscience, OriGene Technologies, Inc., BioCat GmbH, GenScript, Eurofins Scientific, Bioneer Corporation, ATUM, GENEWIZ and among others. The global gene synthesis market is highly competitive and driven by large number of agreements, collaboration and partnerships. For instance, in July 2017 Twist Bioscience signed an agreement with Synbio Technologies. The aim of the agreement is to provide the next generation DNA manufacturing and long-length DNA assembly at a commercial scale to customers across the globe.
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Table of Contents: 1. INTRODUCTION 20 1.1 SCOPE OF THE STUDY 20 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 20 2. GLOBAL GENE SYNTHESIS MARKET - KEY TAKEAWAYS 21 3. GLOBAL GENE SYNTHESIS MARKET - MARKET LANDSCAPE 24 3.1 OVERVIEW 24 3.2 MARKET SEGMENTATION 24 3.2.1 Global Gene Synthesis Market - By Products & Services 25 3.2.2 Global Gene Synthesis Market - By Application 25 3.2.3 Global Gene Synthesis Market - By End User 26 3.2.4 Global Gene Synthesis Market - By Geography 26 3.3 PEST ANALYSIS 27 3.3.1 North America - PEST Analysis 27 3.3.2 Europe- PEST Analysis 29 3.3.3 Asia Pacific - PEST Analysis 31 3.3.4 Middle East And Africa- PEST Analysis 33 3.3.5 South and Central America - PEST Analysis 35 4. GLOBAL GENE SYNTHESIS MARKET - KEY MARKET DYNAMICS 37 4.1 KEY MARKET DRIVERS 37 4.1.1 Increase in Investments & Funds for Gene Synthesis 37 4.1.2 Rising Numbers of Start-up Companies 38 4.1.3 Technological Advancements 39 4.2 KEY MARKET RESTRAINTS 40 4.2.1 Lack of Skilled Professionals 40 4.2.2 Long Approval Processes 40 4.3 KEY MARKET OPPORTUNITIES 41 4.3.1 Emerging Nations 41 4.4 FUTURE TRENDS 42 4.4.1 Usage of Gene Synthesis in Personalized Medicine 42 4.5 IMPACT ANALYSIS 43 5. GENE SYNTHESIS MARKET - GLOBAL ANALYSIS 44 5.1 GLOBAL GENE SYNTHESIS MARKET REVENUE FORECASTS AND ANALYSIS 44 5.2 GLOBAL GENE SYNTHESIS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 45 5.3 MARKET POSITIONING 46 5.4 PERFORMANCE OF KEY PLAYERS 46 5.4.1 Eurofins Scientific 46 5.4.2 GenScript 46 5.4.3 Thermo Fisher Scientific Inc. 46 5.5 EXPERT OPINIONS 47
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