Report ID: SQMIG35H2185
DNA Synthesis Market Size, Share, Growth Analysis, By Service(Oligonucleotide Synthesis (Standard, Custom), Gene Synthesis (Custom, Gene Library)), By Length(Oligonucleotide Synthesis (< 50 nt, 51-100 nt, 101-150 nt, > 150 nt)), By Application(Research and Development (Oligonucleotide Synthesis [PCR, NGS, CRISPR, Cloning and Mutagenesis), By End Use(Biopharmaceutical and Diagnostics Companies, Academic and Research Institutes, Contract Research Organizations), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35H2185 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
88 |
Figures:
71
DNA Synthesis Market Regional Insights
North America is currently the dominating region in the global DNA synthesis market. This dominance can be attributed to the presence of well-established biotechnology and pharmaceutical industries, strong research and development capabilities, and a higher adoption rate of advanced biotechnological tools and techniques. Additionally, favorable regulatory environments and significant investments in genomics research contribute to North America's leadership in this market.
However, the Asia Pacific is the fastest growing region in the global DNA synthesis market. This rapid growth is driven by factors such as increasing healthcare expenditure, a rising focus on biotechnology research and development, and the growing awareness of personalized medicine. Moreover, the region benefits from a large pool of skilled scientists and researchers, lower operating costs for biotech companies, and a growing trend of outsourcing DNA synthesis services to Asia Pacific countries. These factors collectively contribute to the region's remarkable growth in the DNA synthesis market.
DNA Synthesis Market Report Snapshots
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