Gene Synthesis Market 2019: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2024

(The Express Wire via Comtex)

Global Gene Synthesis Industry research report studies latest Gene Synthesis aspects market size, share, trends, industry summary and Gene Synthesis growth during the forecast period (2019-2024). The study report comprehensively determines several aspects which are very significant while observing global market on a minute level which contains analysis over arise of Gene Synthesis industry along with year-on-year manufacturing advancement, business environment and evolution rate over the years.

Global “Gene Synthesis Market” report provides detail analysis of all market dynamics including drivers and restraints, and trends and opportunities. Important factors supporting growth across various is also provided. Using the industrial figures, the market finds growth figures between the forecast period from 2019 - 2024. In order to present an executive-level model of the market and its future perspectives, Gene Synthesis Market report presents a clear segmentation based on different parameters. The factors that affect these segments are also discussed in detail in the report.

Following Companies Are Covered by Gene Synthesis Market

  • ATUM (DNA2.0 Inc.)
  • Bio Basic Inc.
  • Beijing SBS Genetech Co. Ltd
  • Eurofins Genomics
  • Genewiz Inc.
  • Genscript Biotech Corp.
  • Merck KGaA
  • OriGene Technologies Inc.
  • Thermo Fisher Scientific Inc. (GeneArt)

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Market Overview:

  • The gene synthesis market is expected to register a CAGR of 17.0%, over the forecast period. Factors that are responsible for the growth of this market include increasing RandD in the field of genomics and next-generation sequencing, increased government funding toward genomics, and increasing demand for personalized medicine. As personalized medicine aims to provide tailor-made therapies to individual patients, depending on the molecular basis of disease, it has become popular over recent years. Healthcare technology, genomics, connected devices, big data analytics, and artificial intelligence are generating vast amounts of health data and insights. This is enabling healthcare providers to offer better and faster diagnoses, and make more informed treatment decisions. Factors, such as the aging global population and rising prevalence of chronic diseases, are putting unrelenting pressure on the capacity and financial viability of the healthcare systems across the world. Personalized medicine holds the promise of providing better patient care and a high safety margin while lowering the total healthcare costs. In addition, gene synthesis is also finding its applications in the molecular diagnosis of infectious and genetic diseases. Genetic tests, which can detect genetic variations and predict how a person is likely to respond to certain drugs, are becoming commercially available.
  • Therefore, increasing focus on personalized medicine and other factors, such as the patient-centered approach, are driving the growth of the gene synthesis market.

Scope of the Report:

  • Gene synthesis refers to the in vitro, base-by-base synthesis of double-stranded DNA molecules. Unlike DNA replication, which occurs in vivo or by polymerase chain reaction (PCR), gene synthesis does not require a template strand for its initiation.

The Research Document Will Answer Following Questions Such as:

What are the cutting-edge technologies responsible for driving the growth of the market?

What are the main applications of the market? What are the growth prospects to the market applications into the market?

At what stage of development are the key market products?

What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?

What is the outlook for the industry?

What difference does performance characteristics of Gene Synthesis create from those of established entities?

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Key Market Trends:

PCR-mediated Assembly is Expected to Grow Rapidly in the Gene Assembly Segment

In the gene synthesis process, the chemical synthesis is typically used to create oligonucleotides of up to 120-150 nucleotide (nt) in length. Therefore, generally, gene assembly techniques are utilized to connect small oligonucleotides with each other, to synthesize the gene of the required length. Over the past three decades, a number of methods have been developed to assemble relatively short synthetic oligonucleotides into longer gene sequences. And the PCR-mediated assembly represents one of the most prominent approaches to mediate assembly of the desired DNA sequence. Pertaining to the broad applications of PCR, such as in molecular diagnostics, forensics, and epidemiology studies, the demand, and acceptance of PCR technologies are high, which, in turn, acts as a favorable factor for the development and adoption of PCR-mediated assembly methodologies, by academia and research institutes alike.

North America Dominates the Market and is Expected to do Same during the Forecast Period

Currently, North America dominates the market for gene synthesis and is expected to continue its stronghold for a few more years. In the North American region, the United States holds the largest market share. The increasing prevalence of genetic and chronic disorders, such as cancer, the aging population, increasing demand for targeted and personalized medicine, and favorable government initiatives are the primary factors responsible for the large market size.

Reasons for Buying Gene Synthesis Market Report:

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a five-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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Detailed TOC of Gene Synthesis Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing RandD in the Field of Genomics and Next Generation Sequencing
4.2.2 Increased Government Funding toward Genomics
4.2.3 Increasing Demand for Personalized Medicine
4.3 Market Restraints
4.3.1 Lack of Skilled Professionals
4.3.2 High Cost and Complexity of Techniques
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Method
5.1.1 Oligonucleotide Synthesis
5.1.1.1 Solid Phase Phosphoramidite Synthesis
5.1.1.2 Microchip-based Oligonucleotide Synthesis
5.1.2 Gene Assembly
5.1.2.1 Ligation-mediated Assembly
5.1.2.2 PCR-mediated Assembly
5.2 By End User
5.2.1 Academic and Research Institutes
5.2.2 Biopharmaceutical Companies
5.2.3 Contract Research Organizations
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 ATUM (DNA2.0 Inc.)
6.1.2 Bio Basic Inc.
6.1.3 Beijing SBS Genetech Co. Ltd
6.1.4 Eurofins Genomics
6.1.5 Genewiz Inc.
6.1.6 Genscript Biotech Corp.
6.1.7 Merck KGaA
6.1.8 OriGene Technologies Inc.
6.1.9 Thermo Fisher Scientific Inc. (GeneArt)

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

Contact Us:

Name: Ajay More

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Email: [email protected]

Press Release Distributed by The Express Wire

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