Gene Synthesis Market expected to reach USD 17.5 Billion by 2025
Brandessence Market Research is working on a new report title “Gene Synthesis Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2025. Increasing prevalence of cancer disease and rising demand of personalized medicine driving the gene synthesis market.
Gene Synthesis Market is valued at USD 3.14 Billion in 2018 and expected to reach USD 17.5 Billion by 2025 with the CAGR of 27.9% over the forecast period.
Scope of Gene Synthesis Market-
Gene synthesis also refers as the artificial gene synthesis. Gene synthesis is described as the group of methods involves into the synthetic biology to construct and assemble gene from nucleotides. Unlike DNA synthesis in living cells, gene synthesis does not require template DNA. Gene synthesis involves two key steps, among them, the first step is solid phase DNA synthesis also known as 'DNA printing' that produces oligonucleotide fragments which are generally under 200 base pairs. The next step then involves connecting oligonucleotide fragments using multiple DNA assembly methods. Since gene synthesis does not need template DNA, this make possible to synthesis a completely synthetic DNA molecules with no limits on the nucleotide sequence or size.
Gene synthesis has multiple advantages including, it is used generate mutated, recombinant and completely novel DNA sequences without use of template. A wide variety of types of sequences can be produced which aid in research applications. Moreover,along with DNA sequences, RNA& oligos containing modified bases, chimeric DNA-RNA backbones can also be synthesized. In the era of gene synthesis, 2003 was the milestone as, thefirst synthesis of an entire viral genome, that of phiX174 bacteriophage is successfully completed.
Gene synthesis market report is segmented based on method, type, component, application and by regional & country level.Based upon method, gene synthesis market is classified intooligonucleotides and gene assembly. Based upon type, gene synthesis market is classified intogene library synthesis and custom gene synthesis. Based upon component, gene synthesis market is classified into product and services. Based upon application, gene synthesis market is classified into research and development, diagnosis, therapeutic and others.
The regions covered in this gene synthesismarket report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market ofgene synthesisis sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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Key Players Gene Synthesis Market Reports-
Gene synthesismarket report covers prominent playerslike Thermo Genewiz, Eurofins Scientific, Quintara Biosciences,ATD Bio Ltd., Fisher Scientific, Inc.,OriGene Technologies, Inc., Bioneer Corporation, Atum, Integrated DNA Technologies, Inc., BioCat GmbH,GenScript, Eurogentec, Twist Bioscience., LGC Biosearch Technologies, Eton Bioscience, Inc., Bio Basic Inc., SBS Genetech Co., Ltd., Merck KGaA and among others.
Evonetix raises USD30 million USDled by west-coast investor Foresite Capital
News: On March 02,2020,Evonetix announced the successfully close of its series B round and raises investment of USD30 million led by west-coast investor Foresite Capital. Evonetix is the synthetic biology company developing a desktop platform for scalable, high-fidelity and rapid gene synthesis. Evonetixclaims the new funding will be utilised to accelerate internal technology development, such as integration of Evonetix’s technology which enable the synthesis of DNA on a chip, introduction of its desktop DNA platform whichwill facilitate and enable the synthetic biology, with application across industries including pharma,healthcare, biotech, food and agriculture and data storage.
Key Benefits for Gene Synthesis Market Reports –
· Global Market report covers in depth historical and forecast analysis.
· Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
· Global Market report helps to identify opportunities in market place.
· Global Market report covers extensive analysis of emerging trends and competitive landscape.
Gene Synthesis Market Segmentation –
By Method
Oligonucleotides
Phosphoramidite Reaction Cycle
High-Throughput Array-Based Gene Synthesis Technology
Ion Semiconductor Sequencing
Nanopore Sequencing
Gene Assembly
Polymerase-Based
Dual-Asymmetric (DA) PCR
Overlap Extension (OE)
Polymerase Cycling Assembly
Thermodynamically-Balanced Inside-Out (TBIO)
Microchip-Based Multiplex Gene Synthesis
Others
Ligase-Based
Shotgun Ligation
Two-Step Ligation and PCR
Ligase Chain Reaction
Brick-Based
Recombinant-Based
Sequence and Ligation Independent Cloning (SLIC)
Transformation-Associated Recombination
BioBrick Assembly
By Type
Gene Library Synthesis
Custom Gene Synthesis
cDNA
Customized Coding Sequences
Genomic DNA
RNAi Constructs
Others
By Component
Product
Services
By Application
Research and Development
Diagnosis
Therapeutics
Others
By Regional & Country Analysis:
· North America
o U.S.
o Mexico
o Canada
· Europe
o UK
o France
o Germany
o Italy
· Asia Pacific
o China
o Japan
o India
o Southeast Asia
· South America
o Brazil,
o Argentina
o Columbia
· The Middle East and Africa
o GCC
o Africa
o Rest of Middle East and Africa
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