New York, USA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Market Overview:
The global DNA and gene cloning services market size is predicted to grow from USD 2486.51 million in 2023 to USD 8201.62 million by 2032. It is anticipated to grow at a CAGR of 14.2% from 2024 to 2032, according to the latest research report by Polaris Market Research.
Market Introduction:
What are DNA and Gene Cloning Services?
Gene cloning is a customary practice in molecular biology labs that researchers utilize to generate replicas of particular genes for downstream administration, such as sequencing, mutagenesis, genotyping, or heterologous formulation of a protein. The conventional technique for gene cloning includes the conveyance of DNA pieces of engrossment from one life form to a self-duplicating genetic constituent such as a bacterial plasmid. This methodology is normally utilized currently for segregating extended or unaffected gene and protein formulation. Lately, the technique utilized is polymerase chain reaction (PCR), magnifying a gene of attentiveness.
The DNA and gene cloning services market is witnessing substantial demand owing to the growing desire for customized medicine and the escalating pervasiveness of genetic illnesses that entails progressive research and remedial medications. For instance, as per WHO, genetic illnesses and hereditary peculiarities impact roughly 2% to 5% of live births and are accountable for up to 30% of pediatric hospital acceptance. They also serve roughly 50% of early demise in advanced nations.
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DNA and Gene Cloning Services Market Report Attributes
| Report Attributes | Details |
| Market value in 2023 | USD 2,486.51 million |
| Market value by 2032 | USD 8,201.62 million |
| CAGR | 14.2% from 2024-2032 |
| Base year | 2023 |
| Historical data | 2019-2022 |
| Forecast period | 2024-2032 |
Key Highlights of the Report:
- Various factors, including CRISPR technology for accurate gene editing and the augmentation of artificial biology administration, are driving the market for DNA and gene cloning services.
- The market is primarily segmented based on services, genes, end users, and region.
- North America dominated the market with the largest DNA and gene cloning services market share.
DNA and Gene Cloning Services Market Key Players:
- Thermo Fisher Scientific
- GenScript
- Agilent Technologies
- Bio-Rad Laboratories
- Merck KGaA
- Takara Bio
- New England Biolabs
- Lonza Group
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Growth Drivers and Trends:
- Progressive Technology: CRISPR–Cas9 is a thorough gene editing instrument. It permits for accurate and productive moderation of genetic material. This technology has notably smoothened the cloning procedure, decreasing time and prices linked with conventional methods. Its potential to earmark particular gene series with escalated preciseness has unfurled contemporary approaches for research and remedial applications.
- Surge in Synthetic Biology: Synthetic biology is an associative field that merges biology and engineering to outline and structure contemporary biological establishments or remodel prevailing biological systems. The augmentation of manufactured biology applications is pushing the demand for progressive cloning services to generate man-made genes, routes, and life forms for several motives involving drug advancement, biofuels, and industrial biotechnology is supporting the DNA and gene cloning services market growth.
- Customized Medicines: Personalized medicine intends to customize medical cures to the distinctive attributes of each patient, frequently dependent on genetic details. This perspective needs substantial genetic research and the advancement of tailor-made genetic therapies, which pushes the demand for cloning services.
Which Region Leads DNA and Gene Cloning Services Sector?
- North America: The North American region dominated the DNA and gene cloning services industry with the largest revenue share. The region's dominance in the market can be attributed to a progressive research framework, sizeable investment, and a robust existence of pharmaceutical and biotech firms, especially in the U.S.
- Europe: Europe is anticipated to witness the fastest growth in DNA and gene cloning services market over the estimated period. This is due to robust governmental and private investment in genetic research and biotechnology. Nations such as Germany, the U.K., and France are spearheading due to their entrenched research establishments and flourishing biopharmaceutical sectors.
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Segmental Overview:
DNA and Gene Cloning Services Market - Services-Based Outlook:
- Gene Synthesis
- Custom Cloning
- Sub-cloning
- Others
DNA and Gene Cloning Services Market - Gene-Based Outlook:
- Standard Gene
- Complex Gene
- Others
DNA and Gene Cloning Services Market - End User-Based-Outlook:
- Academic and R&D
- Pharmaceutical and Biotechnology Companies
- Others
DNA and Gene Cloning Services Market – Regional - Outlook:
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, Australia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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About Polaris Market Research:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.
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