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DNA Synthesis Market Size
- Report ID: GMI6000
- Published Date: Jun 2023
- Report Format: PDF
DNA Synthesis Market size
DNA Synthesis Market size was valued at USD 4.1 billion in 2023 and is expected to register a CAGR of 19.5% between 2024 and 2032. The growth of the market can be attributed to the growing demand for DNA synthesis for its utility in molecular biology, genetic engineering, and clinical diagnostics & therapeutics.
Rising disease burden globally coupled with growing demand for research in drug discovery and personalized medicine is positively impacting the market growth. Further, several technological advancements in the field of DNA synthesis and genomics in recent years, high R&D investments, and advanced services offered by market players are some major factors that will drive the market growth over the analysis period.
DNA synthesis is the process of artificially creating DNA molecules. It involves chemically synthesizing nucleotide sequences in the laboratory, that can be used for various applications such as genetic engineering, research, and biotechnology.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| DNA Synthesis Market Size in 2023: | USD 4.1 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 19.5% |
| 2032 Value Projection: | USD 20.5 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 190 |
| Tables, Charts & Figures: | 373 |
| Segments covered: | Service, Method, Application, End Use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
DNA Synthesis Market Scope
