Global Gene Synthesis Market
The gene synthesis is defined as a chemical chemically in vitro synthesis of double-stranded DNA molecules which is used in biotechnology and plays an important role in the field of synthetic biology. The gene synthesis technology has become a significant tool in various fields of recombinant DNA technology including vaccine development, gene therapy, molecular engineering, and heterologous gene expression. It can help in designing novel enzymes for the treatment of cancer. Also, it is used in diagnosis of viral genomes for vaccine development in real-time.
Market Drivers
The R & D associated with gene synthesis along with continuous improvement in the technological processes such as molecular separation & protein purification technology helps in developing reliable, fast, and cost-effective solutions. From past few years, gene synthesis has advanced with innovations in DNA as a data storage device & re-engineered genome. Next-generation gene synthesis offers highly accurate constructs in greater numbers & at comparatively lower prices than has been possible so far. Also, pharmaceutical & biotechnological companies invest heavily in R & D sector to develop breakthrough molecules to cater to the growing needs of the healthcare industry & combat new diseases. The global pharmaceutical research and development sector accounts for around 80% of the overall R&D expenditure in the life sciences industry.
Furthermore, the increase in emphasis on clinical research to unearth biological systems at the fundamental molecular level is expected to boost the demand in the gene synthesis market over the upcoming years.
Market Restraints
The Global Gene Synthesis Market has some restraining factors such as cut-throat competition which is enticing price reduction & technical limitations across the production process are anticipated to hamper the prosperity of gene synthesis market in the near future.
Impact of COVID-19 on the Global Gene Synthesis Market
Many pharmaceutical & biopharmaceutical companies, coupled with key operating players of gene synthesis market, have stepped forward to contribute to worldwide research efforts by offering synthetic biology for developing test kits, treatments, and vaccines to target the infection caused by the coronavirus. Synthetic biology is a one of the emerging technologies in a report from the European Parliament. It can fight the COVID-19 outbreak. The National Institute of Health in the US has also identified synthetic biology as one way to speed up vaccine development. Synthetic biology technologies have the potential to transform the development & production of vaccines, therapeutics, and diagnostics by utilizing their engineering approaches built on a variety of information such as sequence annotations, genomic sequences, enzyme properties, metabolic models, lab protocols, algorithms, and scientific knowledge.
Market Segmentation
The Global Gene Synthesis Market is segmented into product type such as Gene Library Synthesis, and Custom Gene Synthesis. Further, market is segmented into method such as Solid Phase Synthesis, PCR based enzyme synthesis, and Chip based DNA synthesis. Also, the market is segmented into end user such as Academic & Research Institutes, Biopharmaceutical Companies, and Contract Research Organizations.
Regional Analysis
Global Gene Synthesis Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America gene synthesis market is anticipated to hold a dominant position during the forecast period, owing to increased demand from biopharmaceutical companies & academic institutes, along with presence of large number of industry players with strong distribution channel. Further, the Asia Pacific market is anticipated to exhibit the highest growth rate, due to the increase in investment by government & private organizations to support growth of gene synthesis market. Japan is a leading country in synthetic biology with more private companies participating in synthetic biology research in the region.
Key Players
Key players in the global gene synthesis market are Thermo Fisher Scientific, Inc., ATDBio Ltd., GenScript Biotech Corporation, Bioneer Corporation, Eurofins Scientific, Eurogentec, Genewiz, Atum, Integrated DNA Technologies, Inc., OriGene Technologies, Inc. For instance, in 2016, Eurofins Scientific had announced strategic plans for expansion of its Ireland campus, including development of a new building, expansion of its facility & increase its workforce. The International Gene Synthesis Consortium is a group of gene synthesis organizations & companies which applies & designs a common method to screen sequences of synthetic gene orders. Also, the group works with international & national government organizations.
Market Taxonomy
By Product Type
By Method
By End User
By Region
Key Questions Addressed by the Report
Global Gene Synthesis Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Gene Synthesis Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Gene Synthesis Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Gene Synthesis Market Share Analysis, By Product Type
5.3 Global Gene Synthesis Market Size and Forecast, By Product Type
5.3.1 Gene Library Synthesis
5.3.2. Custom Gene Synthesis
6 Global Gene Synthesis Market, By Method
6.1 Y-o-Y Growth Comparison, By Method
6.2 Global Gene Synthesis Market Share Analysis, By Method
6.3 Global Gene Synthesis Market Size and Forecast, By Method
6.3.1 Solid Phase Synthesis
6.3.2 PCR based enzyme synthesis
6.3.3. Chip based DNA synthesis
7 Global Gene Synthesis Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Gene Synthesis Market Share Analysis, By End User
7.3 Global Gene Synthesis Market Size and Forecast, By End User
7.3. 1 Academic & Research Institutes
7.3.2. Biopharmaceutical Companies
7.3.3. Contract Research Organizations
8Global Gene Synthesis Market, By Region
8.1 Global Gene Synthesis Market Share Analysis, By Region
8.2 Global Gene Synthesis Market Share Analysis, By Region
8.3 Global Gene Synthesis Market Size and Forecast, By Region
9 North America Gene Synthesis Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Gene Synthesis Market Share Analysis, By Product Type
9.3 North America Gene Synthesis Market Size and Forecast, By Method
9.4 North America Gene Synthesis Market Size and Forecast, By End User
9.5 North America Gene Synthesis Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeGene Synthesis Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Gene Synthesis Market Share Analysis, By Product Type
10.3 Europe Gene Synthesis Market Size and Forecast, By Method
10.4 Europe Gene Synthesis Market Size and Forecast, By End User
10.5 Europe Gene Synthesis Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Gene Synthesis Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Gene Synthesis Market Share Analysis, By Product Type
11.3 Asia Pacific Gene Synthesis Market Size and Forecast, By Method
11.4 Asia Pacific Gene Synthesis Market Size and Forecast, By End User
11.5 Asia Pacific Gene Synthesis Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Gene Synthesis Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Gene Synthesis Market Share Analysis, By Product Type
12.3 Latin America Gene Synthesis Market Size and Forecast, By Method
12.4 Latin America Gene Synthesis Market Size and Forecast, By End User
12.5 Latin America Gene Synthesis Market Size and Forecast, Country
13Middle East Gene Synthesis Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Gene Synthesis Market Share Analysis, By Product Type
13.3 Middle East Gene Synthesis Market Size and Forecast, By Method
13.4 Middle East Gene Synthesis Market Size and Forecast, By End User
13.5 Middle East Gene Synthesis Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Thermo Fisher Scientific, Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. ATDBio Ltd
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. GenScript Biotech Corporation
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Bioneer Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Eurofins Scientific
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Eurogentec
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Genewiz
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Atum
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Integrated DNA Technologies, Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 OriGene Technologies, Inc
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
