New York, NY, June 10, 2019 (GLOBE NEWSWIRE) -- 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 through 95 Tables & 29 Figures spread over 110 Pages and in-depth TOC on “Global Gene Synthesis Market Size & Growth 2018 Report: Industry Type, Share, Trends, Segments, Analysis and Forecast to 2025”.
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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.
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Based on the 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.
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
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 and diagnosis of these diseases, and the presence of highly developed research infrastructure. In 2016, North America contributed over 40% of the global gene synthesis market revenue. According to the National Cancer Institute (NCI), in 2016, in the U.S., approximately 1 million cancer cases were diagnosed. The growing awareness about the development of medicines using gene synthesis and the presence of leading players are other factors driving the region’s gene synthesis market.
Europe contributed approximately 31% to the global market revenue in 2016 and is expected to show significant growth over the forecast time period. This can be due to the presence of advanced infrastructure, increase in the use of bioinformatics in the research sector, rise in the incidences of genetically inherited disease, development of technologically advanced gene synthesizers, and escalating awareness about the use of personalized medicines.
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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. Japan has a large number of companies that are involved in synthetic biology. Rapid technological development in China and Japan is anticipated to attract global players for investments in the development of gene synthesis technology in the Asia Pacific region.
The Middle Eastern and African and Latin American regions are expected to witness steady growth in the future, owing to rapid economic developments, increasing investments in the healthcare system, and rising awareness about gene therapies and the use of gene synthesis for detection of chronic and 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.
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This report segments the global gene synthesis market into:
Global Gene Synthesis Market: Method Analysis
- Oligonucleotides
- Phosphoramidite Reaction Cycle
- High-Throughput Array-Based Gene Synthesis Technology
- Ion Semiconductor Sequencing
- Nanopore Sequencing
- Gene Assembly
- Polymerase-Based
- Dual-Asymmetric (DA) PCR
- Overlap Extension (OE)
- Polymerase Cycling Assembly
- Thermodynamically-Balanced Inside-Out (TBIO)
- Microchip-Based Multiplex Gene Synthesis
- Others
- Ligase-Based
- Shotgun Ligation
- Two-Step Ligation and PCR
- Ligase Chain Reaction
- Brick-Based
- Recombinant-Based
- Sequence and Ligation Independent Cloning (SLIC)
- Transformation-Associated Recombination
- BioBrick Assembly
- Polymerase-Based
Global Gene Synthesis Market: Type Analysis
- Gene Library Synthesis
- Custom Gene Synthesis
- cDNA
- Customized Coding Sequences
- Genomic DNA
- RNAi Constructs
- Others
Global Gene Synthesis Market: Component Analysis
- Product
- Services
Global Gene Synthesis Market: Application Analysis
- Research and Development
- Diagnosis
- Therapeutics
- Others
Global Gene Synthesis Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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