Custom Gene Synthesis Service Market to Grow with a CAGR of 8.23% through 2028
Rising ongoing technological innovations are expected to
drive the Global Custom Gene Synthesis Service Market growth in the forecast
period, 2024-2028.
According to TechSci Research report, “Custom Gene
Synthesis Service Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Custom
Gene Synthesis Service Market stood at USD 1.24 billion in 2022 and is
anticipated to grow with a CAGR of 8.23% in the forecast period, 2024-2028. The
global custom gene synthesis service market has witnessed remarkable growth in
recent years, and several key market drivers are propelling its expansion. This
dynamic sector, situated at the intersection of biotechnology and life
sciences, offers custom-designed DNA sequences for various applications.
One of the
major drivers of the custom gene synthesis service market is the escalating
need for personalized medicine. Custom-designed DNA sequences are at the
forefront of gene therapy, a revolutionary approach to treating genetic
disorders and diseases at the genetic level. Tailoring genetic material to
individual patients' needs allows for more effective and precise treatments,
ushering in a new era of medicine. Advances in synthetic biology have had a
profound impact on the custom gene synthesis service market. Synthetic biology
seeks to redesign and engineer biological systems for various purposes,
including the creation of new pharmaceuticals, biofuels, and materials. This
requires the precise construction of DNA sequences, driving the demand for
custom gene synthesis services.
Continuous innovation in gene synthesis techniques has
greatly improved the efficiency, accuracy, and affordability of creating DNA
sequences. Solid-phase synthesis, for example, has become a game-changer by
enabling the assembly of longer and more complex DNA constructs. These
technological advancements are making custom gene synthesis more accessible and
attractive to researchers and organizations. Historically, custom gene
synthesis was prohibitively expensive, limiting its use to a select few
research projects. However, falling costs have democratized access to these
services. Lower prices for synthetic DNA constructs have paved the way for a
broader range of applications, from academic research to biotech startups,
driving market growth.
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The pharmaceutical industry is increasingly relying on
custom gene synthesis to accelerate drug discovery and development. Creating
custom DNA constructs allows researchers to investigate the function of
specific genes and develop targeted therapies more efficiently. This is
especially valuable in the race to develop novel treatments, such as those for
cancer and rare diseases. The Global Custom Gene Synthesis Service Market is
segmented into Type, Application, Regional Distribution, And Company. Based on
the Type, the 1001 to 3000 bp segment emerged as the dominant player in the
global market for Global Custom Gene Synthesis Service Market in 2022DNA sequences falling within
the 1001 to 3000 bp range are frequently used for a wide variety of research
applications. They are long enough to encompass many functional elements and
genetic regions, making them suitable for studying gene function, promoter
analysis, and protein expression. Researchers often require these mid-sized
constructs to investigate specific biological processes, and they represent a
versatile choice for many experiments. Many therapeutic targets and drug
candidates fall within this size range. Custom gene synthesis services are
critical for producing these sequences accurately and efficiently, especially
in fields like gene therapy and the development of biopharmaceuticals. The
ability to customize and synthesize DNA constructs in this range supports the
creation of novel treatments for various diseases.
Based on the Application, the Commercial
segment emerged as the dominant player in the global market for Global Custom
Gene Synthesis Service Market in 2022. Commercial organizations are heavily
invested in drug discovery and development, a field that relies extensively on
custom gene synthesis services. These companies require precise DNA constructs
to investigate and validate drug targets, produce therapeutic proteins, and
develop novel drug candidates. The ability to design and obtain custom DNA
sequences is essential for accelerating the drug development process, making it
a primary driver of demand. The production of biopharmaceuticals, such as
monoclonal antibodies and recombinant proteins, is a lucrative sector within
the commercial biotechnology industry. Custom gene synthesis services play a
crucial role in designing DNA constructs that optimize the expression of these
complex molecules. As the demand for biopharmaceuticals continues to grow, so
does the need for custom gene synthesis. North America emerged as the dominant player in the
global Custom Gene Synthesis Service Market in 2022, holding the largest market
share. North America boasts a highly advanced biotechnology and pharmaceutical
sector, with numerous leading companies, research institutions, and academic
centers. These entities drive substantial demand for custom gene synthesis
services to support their research, drug discovery, and development efforts. The
region serves as a global hub for innovation in life sciences and biotechnology.
North American companies are at the forefront of cutting-edge technologies,
such as CRISPR-Cas9 genome editing, synthetic biology, and gene therapy, all of
which heavily rely on custom gene synthesis services. North America
houses a thriving research ecosystem, with a significant emphasis on genomics,
molecular biology, and genetic engineering. The demand for customized DNA
constructs for experiments and studies in academic and research institutions
remains consistently high.
Major companies operating in Global Custom Gene
Synthesis Service Market are:
- GenScript Biotech
Corporation
- Biomatik Corporation
- ProteoGenix
- Thermo Fisher
Scientific Inc.
- Integrated DNA
Technologies
- Synbio Technologies
- NZYTech
- Biocompare
- Eurofins Genomics
- BioCat GmbH
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“The Global
Custom Gene Synthesis Service Market is poised for substantial growth in the
coming years, driven by several converging factors. Advances in biotechnology,
particularly in areas like gene therapy, synthetic biology, and drug discovery,
are propelling the demand for precisely engineered DNA constructs. The rise of
personalized medicine and the development of novel therapeutics also
necessitate custom gene synthesis services to create tailored genetic
materials. Moreover, technological innovations, including solid-phase synthesis
and high-throughput methods, are enhancing the efficiency and affordability of
gene synthesis, making these services more accessible to a broader range of
research institutions and industries. The ever-expanding applications of
synthetic DNA, from biopharmaceutical production to environmental solutions,
further fuel market growth.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Custom Gene Synthesis Service Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By
Type (Below 1000 bp,1001 to 3000 bp, 3001 to 5000 bp, above 5000 bp), By
Application (Commercial, Academic Research) By Region and Competition”, has evaluated
the future growth potential of Global Custom Gene Synthesis Service Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Custom Gene Synthesis Service Market.
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