DNA Synthesizer Market to Grow with a CAGR of 9.21% through 2028
Rapid
technological advancements are expected to drive the Global DNA Synthesizer Market
growth in the forecast period, 2024-2028
According to
TechSci Research report, “DNA Synthesizer Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2028”, the
Global DNA Synthesizer Market stood at USD 226.12 million in 2022 and is
anticipated to grow with a CAGR of 9.21% in the forecast period, 2024-2028. At
the forefront of the DNA synthesizer market is the relentless pursuit of
knowledge in genetics. Advancements in genetic research, including the decoding
of the human genome and the exploration of gene functions, have heightened the
demand for sophisticated tools like DNA synthesizers. These instruments enable
researchers to custom-create DNA sequences, facilitating a deeper understanding
of genetic structures and functions. As genetic research becomes increasingly
nuanced, the market for DNA synthesizers is set to expand proportionately.
Personalized
medicine, tailoring healthcare solutions to an individual's genetic makeup, is
gaining prominence. DNA synthesizers play a pivotal role in this paradigm shift
by enabling the synthesis of specific DNA sequences for diagnostic and
therapeutic purposes. The ability to create custom DNA sequences tailored to an
individual's genetic profile is crucial for developing targeted therapies, and
DNA synthesizers are becoming indispensable tools in the pursuit of
personalized medicine.
The
pharmaceutical industry is a major driving force behind the DNA synthesizer
market. DNA synthesizers are integral to drug discovery processes, allowing
researchers to create and study specific DNA sequences associated with disease
targets. This capability expedites the drug development pipeline by
streamlining the identification and validation of potential drug candidates. As
the demand for novel pharmaceuticals continues to rise, the role of DNA
synthesizers in accelerating drug discovery is a key driver for market growth.
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"Global DNA Synthesizer Market”
The Global DNA
Synthesizer Market is segmented into Type, End use,
Application, Regional Distribution, And Company.
Based on the
Type, Large-scale DNA Synthesizer emerged as the dominant segment in the global
market for Global DNA Synthesizer in 2022. large-scale
DNA synthesizers are essential in fields like genomics and synthetic biology,
where researchers work with complex genetic information and aim to create
artificial genes or modify existing ones. The ability to synthesize large DNA
fragments is crucial for constructing genetic circuits, developing genetically
modified organisms, or producing DNA libraries for comprehensive genomic
studies. Large-scale synthesizers facilitate these intricate tasks, allowing
for the generation of extensive DNA sequences with high fidelity and
efficiency. Additionally, large-scale DNA synthesizers are favored for their
versatility. They can accommodate various scales of synthesis, from small
batches to large-scale production, making them adaptable to the diverse needs
of different research projects and industries. The flexibility to handle both
small and large-scale synthesis makes large-scale DNA synthesizers a preferred
choice for laboratories and facilities with varying research requirements.
Based
on the End use, Pharmaceutical & Biotechnology Companies emerged as the
dominant segment in the global market for Global DNA Synthesizer Market in
2022. DNA synthesizers play a pivotal role in these processes, facilitating the
creation of custom DNA sequences for a range of applications, including target
identification, lead optimization, and the development of therapeutic agents.
The ability to synthesize specific DNA sequences is crucial for these companies
to advance their drug development pipelines efficiently. Moreover, in the realm
of biotechnology, the synthesis of DNA is fundamental for various applications
such as the production of recombinant proteins, creation of genetically
modified organisms (GMOs), and development of novel biomaterials. Biotechnology
companies leverage DNA synthesizers to engineer genetic material for these
purposes, driving the demand for these instruments.
Based
on the Application, Drug Discovery & Development emerged as the dominant
segment in the global market for Global DNA Synthesizer Market in 2022. Drug Discovery & Development
processes often require the synthesis of a vast number of DNA sequences for
various purposes, such as target identification, lead optimization, and
preclinical studies. DNA synthesizers with high-throughput capabilities are
essential for generating large libraries of DNA sequences rapidly. The demand
for high-throughput synthesis to support expansive drug discovery projects
significantly contributes to the widespread use of DNA synthesizers in this
application. In drug discovery, precision is paramount, and the ability to
design and synthesize specific DNA sequences with accuracy is crucial. DNA
synthesizers allow researchers to create custom DNA sequences tailored to their
specific research needs. This precision in sequence design is essential for
studying the interaction of drugs with specific targets, understanding disease
mechanisms, and developing therapeutic agents with high specificity.
North
America emerged as the dominant player in the Global DNA Synthesizer Market in
2022, holding the largest market share. North
America, especially the United States, is a global hub for research and
development activities in the life sciences. Academic institutions, research
centres, and biotechnology companies in the region are at the forefront of
genetic research and applications, driving the demand for advanced DNA
synthesizers. The United States is home to a significant portion of the world's
leading biotechnology and pharmaceutical companies. These companies, involved
in drug discovery, genetic engineering, and other biotechnological
applications, heavily rely on DNA synthesizers for their research and
development endeavours.
Major companies
operating in Global DNA Synthesizer Market are:
- Danaher
Corporation
- Twist
Bioscience
- Kilobaser
- LGC Limited
- CSBio
- K&A
Labs GmbH
- DNA Script
- OligoMaker
ApS
- PolyGen
GmbH
- Biolytic
Lab Performance Inc
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“The
Global DNA Synthesizer Market is poised for significant growth in the coming years.
Anticipated advancements in genomics, personalized medicine, and synthetic
biology are expected to be major drivers, propelling the market forward. The
rise of precision medicine, driven by a growing understanding of the genetic
basis of diseases, is boosting the need for DNA synthesizers to create
customized DNA sequences for diagnostics and therapeutic applications.
Additionally, the expanding applications of gene editing technologies, such as
CRISPR-Cas9, in diverse fields including agriculture and biotechnology, are
contributing to the heightened demand for DNA synthesis tools. As technological
innovations continue to enhance the capabilities of DNA synthesizers, making
them more user-friendly, efficient, and cost-effective, their accessibility is
likely to broaden. The collaborative efforts between academic research
institutions and industry players are fostering a climate of innovation, paving
the way for groundbreaking discoveries.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“DNA
Synthesizer Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028 Segmented By Type (Benchtop DNA Synthesizers, Large-scale
DNA Synthesizers), By End use (Hospitals & Clinical Laboratories, Academic
& Research Institutes, Pharmaceutical & Biotechnology Companies), By
Application (Drug Discovery & Development, Genetic Engineering, Clinical
Diagnostics) Region and Competition”, has evaluated
the future growth potential of Global DNA Synthesizer 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 DNA Synthesizer Market.
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