Gene Synthesis Market Growth Analysis, Market Dynamics, Key Players and Innovations, Outlook and For

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On : 02 february 2025

• In 2023, the global Gene Synthesis market was valued at US$ 576 million and is projected to grow to US$ 1,661 million by 2030, registering a compound annual growth rate (CAGR) of 16.35% during the forecast period of 2024 to 2030. This robust growth reflects the increasing adoption of gene synthesis technologies across sectors like biotechnology, pharmaceuticals, and academic research.

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• The Gene Synthesis Market refers to the global industry focused on the artificial creation of DNA sequences or genes in laboratories, using chemical synthesis. This technology enables researchers and companies to design and construct genetic materials without the need for a pre-existing DNA template. Gene synthesis is an essential tool in synthetic biology, biotechnology, and genomics, facilitating advances in areas such as drug development, agriculture, and genetic engineering. Key products include synthetic DNA, oligonucleotides, and custom genes, which are used across various industries for research, therapeutics, and industrial applications.

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