The study on the Global Synthetic DNA Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Synthetic DNA Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Synthetic DNA industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Synthetic DNA industry
The Synthetic DNA Market is on the rise, driven by technological advancements in gene synthesis and editing. This growing market has seen an increase in the number of companies offering custom-made DNA for various applications, such as drug discovery, bioproduction, and agricultural improvement.
Synthetic DNA is created when artificial base pairs are added to the natural sequence of DNA. This allows scientists and researchers to create unique DNA sequences, which can be used for various purposes. For example, synthetic DNA can be used to produce proteins for drug discovery or increase crop yields through genetic modification.
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Some Key Highlights from the Report
- These players are adopting various strategies such as product launches and partnerships & collaborations to expand their market presence. For instance, in August 2020, Thermo Fisher Scientific launched QuantStudio 3D Digital PCR System for gene expression analysis.
- This system enables faster and more accurate quantification of gene expression. It also simplifies the process of data analysis, while providing robust results with higher accuracy. Such strategic initiatives are expected to help the players gain a competitive edge in the market.
- The companies are focusing on product launches, acquisitions and collaborations to gain competitive advantage in the market. For instance, in February 2021, Twist Bioscience Corporation launched the StarBright Fluorescent Labeling Kits — a DNA-labeling system for single-molecule imaging
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Synthetic DNA Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The key players operating in the global Synthetic DNA market are Thermo Fisher Scientific Inc., Eurofins Scientific SE, Integrated DNA Technologies (IDT), Agilent Technologies Inc., Merck KGaA, GenScript Biotech Corporation, Genscript USA Inc., LGC Limited, OriGene Technologies Inc., and Takara Bio Inc.
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
- Business trends
- Regional trends
- Product trends
- End-use trends
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
- Business Overview
- Financial Data
- Product Landscape
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For the purpose of this report, Emergen Research has segmented the global Synthetic DNA market on the basis of product, application and region:
- Product Outlook (Revenue, USD Million; 2019–2030)
- DNA libraries and sequencing services
- Gene synthesis services
- Gene editing tools/services
- Application Outlook (Revenue, USD Million; 2019–2030)
- Research and development
- Therapeutics/drug discovery
- Agriculture and animal health
- Industrial biotechnology
- Biofuel production
- Forensic analysis
The report addresses the following key points:
- The report provides a forecast of Synthetic DNA market drivers, restraints, and future opportunities for the Synthetic DNA market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the Synthetic DNA market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Synthetic DNA market in North America accounted for largest revenue share in 2021.
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