Global DNA Synthesizer Market- WishTree Insight

Global DNA Synthesizer Market by Application (Diagnostics, Research & Development, Therapeutics), Product Type (Automated DNA Synthesizers and Benchtop DNA), End-User (Academic & Research Organizations, Contract Research Organizations, and Biotechnology Companies), and Regions, (APAC, Europe, North America, and LAMEA) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2022 – 2032

The DNA Synthesizer market was valued at USD 2.7 billion in 2022 and is expected to surpass USD 10.2 billion by 2032, expanding at a CAGR of 15 % during the forecast period, 2022–2032. The market's growth is attributed to the growth of research and developments, technological advancements, and increasing demand for the newest technology.

INTRODUCTION

A DNA synthesizer is a laboratory instrument used to chemically create or synthesize strands of DNA. It enables the automated and controlled production of DNA molecules with specific sequences. The synthesizer follows a process called solid-phase synthesis, where nucleotide building blocks are added one by one to construct the desired DNA sequence. These nucleotides are chemically modified to protect them during the synthesis process.

The DNA synthesizer typically consists of a reaction chamber, reagent reservoirs, a controlled heating and cooling system, and a computer interface for programming and monitoring the synthesis parameters. It precisely controls the addition of each nucleotide and activates chemical reactions to link them together, gradually building the DNA strand.

DNA synthesizers are invaluable tools in various fields of research, such as genetics, biotechnology, pharmaceutical development, and synthetic biology. They allow scientists to create custom DNA sequences for studying gene function, creating genetically modified organisms, designing new drugs, developing diagnostics, and much more. The automation and accuracy provided by DNA synthesizers have revolutionized the field of molecular biology and accelerated scientific discoveries.

Market Trends, Drivers, Restraints, and Opportunities

• Rising investments in synthetic biology and research are propelling market growth worldwide.
• Rising demand for diagnostic activities for multiple diseases is boosting the DNA Synthesizer market.
• The risk of false detection is considered a restraining factor in the growth of the market.
• The use of Synthesizer in synthetic biology is expected to create lucrative opportunities in the market.

Scope of the Report

Market Segment Insights

The diagnostic segment is projected to register a considerable CAGR

Based on application, the DNA Synthesizer market is divided into diagnostics, research & development, and therapeutics. The diagnostic segment is expected to expand rapidly during the forecast period owing to an increase in DNA content-based proteomics, genomics, and transcriptomics that improve technologies for the growth of DNA synthesizers.

The automated DNA Synthesizers segment is expected to expand at a rapid pace

Based on product type, the DNA Synthesizer market is divided into automated DNA synthesizers and benchtop DNA. The Automated DNA Synthesizer segment is expected to expand rapidly during the forecast period owing to the growing need for efficient synthesizers in the different life science labs. However, the benchtop DNA synthesizer segment is anticipated to hold a steady share of the market in the coming years as it raises the speed and efficiency of research conducted in industries and academic laboratories.

The biotechnology companies segment is expected to garner the market

On the basis of end-user, the DNA Synthesizer market is segregated into academic & research organizations, contract research organizations, and biotechnology companies. The biotechnology companies segment is projected to register a considerable CAGR during the forecast period owing to the detection of virus strains, and how they can be cured and controlled, after covid-19. On the other hand, the academic and research organization segment is anticipated to account for a major market share during the forecast period owing to the use of DNA synthesizer’s use in nucleic acid assays.

North America constitutes an essential market share of the market

In terms of regions, the DNA Synthesizer market is classified as APAC, Europe, North America, and LAMEA. The market of North America is expected to constitute a key share of the market during the projected period owing to the increasing prevalence of autoimmune disorders and the maximum number of key players present in the region. However, the market of the Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the rise in funding from startup companies, increase in metabolomics pathway studies, and growth in research and development.

Competitive Landscape

Key players competing in the DNA Synthesizer market are DNA Scrip; Biolytic; K&A Laborgeraete; Kilobaser; Twist.

FAQs

How much is the market worth?

The DNA Synthesizer market was valued at USD 2.7 billion in 2022 and is expected to surpass USD 10.2 billion by 2032.

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 15%.

What are the key drivers of the market?

The market's growth is attributed to the growth of research and developments, technological advancements, and increasing demand for the newest technology.

What segments are covered in the DNA Synthesizer report?

The segments covered in the report are Application (Diagnostics, Research & Development, Therapeutics), Product Type (Automated DNA Synthesizers and Benchtop DNA), and End-User (Academic & Research Organizations, Contract Research Organizations, and Biotechnology Companies).

Mention which region is expected to hold the highest share of the DNA Synthesizer market.

The North American region is expected to hold the highest share of the DNA Synthesizer market.

Mention the key players in the market.

Key players competing in the DNA Synthesizer market are DNA Scrip; Biolytic; K&A Laborgeraete; Kilobaser; Twist.