Global Custom Synthetic Genes Services Market Growth (Status and Outlook) 2024-2030

Global Custom Synthetic Genes Services Market Growth (Status and Outlook) 2024-2030

Gene synthesis refers to chemically synthesizing a strand of DNA base-by-base. Unlike DNA replication that occurs in cells or by Polymerase Chain Reaction (PCR), gene synthesis does not require a template strand. Rather, gene synthesis involves the step-wise addition of nucleotides to a single-stranded molecule, which then serves as a template for creation of a complementary strand. Gene synthesis is the fundamental technology upon which the field of synthetic biology has been built.

The global Custom Synthetic Genes Services market size is projected to grow from US$ 654 million in 2024 to US$ 1675 million in 2030; it is expected to grow at a CAGR of 17.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Custom Synthetic Genes Services Industry Forecast” looks at past sales and reviews total world Custom Synthetic Genes Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Custom Synthetic Genes Services sales for 2023 through 2029. With Custom Synthetic Genes Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Custom Synthetic Genes Services industry.

This Insight Report provides a comprehensive analysis of the global Custom Synthetic Genes Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Custom Synthetic Genes Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Custom Synthetic Genes Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Custom Synthetic Genes Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Custom Synthetic Genes Services.

The Market Driver is the primary propelling the gene synthesis market forward is the rapid advancement of synthetic biology. This interdisciplinary field leverages gene synthesis to engineer biological systems for diverse applications, including bio manufacturing, healthcare, and agriculture. With gene synthesis enabling precise design and construction of custom DNA sequences, synthetic biology stands at the forefront of innovation, driving demand for gene synthesis services and technologies.

Despite its potential for growth, the gene synthesis market faces significant challenges related to quality control and reliability. Ensuring the accuracy and fidelity of synthesized DNA sequences is paramount for research reproducibility and commercial applications. Quality control issues such as sequence errors, synthesis errors, or contamination can undermine confidence in gene synthesis services and impede market expansion. Thus, addressing quality assurance challenges is crucial for sustaining the growth trajectory of the gene synthesis market.

GenScript is the largest supplier of Gene Synthesis, with a revenue market share nearly 26.85% in 2023. That is to say, GenScript is the most popular Gene Synthesis in global, and with most of the Gene Synthesis market share in global. Again, top 5 players dominated 72.41% global gene synthesis market share of the whole market, with most of which were USA companies.

Despite GenScript was ranked #1 in global gene synthesis market, other sophisticated companies in the US and Europe may enter into this sector through M&A on smaller competitors to GenScript or buying related business from other market. This will result in reshuffling of the biomedicine research services’ market, and that GenScript may loss its market share.

Asia-Pacific is the largest consumption market, with a consumption market share nearly 36.39% in 2023. Followed by Asia-Pacific, North America is the second two largest consumption place with the similar consumption market share of 34.45%.

This report presents a comprehensive overview, market shares, and growth opportunities of Custom Synthetic Genes Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
Below 1000 bp
1001 - 3000 bp
3001- 5000 bp
Above 5000 bp

Segmentation by Application:
Commercial
Academic Research

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Below 1000 bp
1001 - 3000 bp
3001- 5000 bp
Above 5000 bp

Segmentation by Application:
Commercial
Academic Research

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Genescript
Thermo Scientific
IDT
Eurofins Genomics
DNA 2.0 (ATUM)
BBI
Azenta Life Sciences
SBS Genetech
Bio Basic
Twist Bioscience
OriGene

Please note: The report will take approximately 2 business days to prepare and deliver.