Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Thursday, November 9, 2023

Global DNA Synthesizer Market is Anticipated to Grow at a CAGR of 14.8% during 2024 to 2030

The future of the global DNA synthesizer market looks promising with opportunities in the academic & research institute, pharmaceutical & biotechnology company, and clinical laboratory markets. The global DNA synthesizer market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 14.8% from 2024 to 2030. The major drivers for this market are rising adoption of novel synthesis technologies, on-going technological advancements, and growing demand for benchtop DNA synthesizers.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the DNA synthesizer market by type (benchtop DNA synthesizers and large-scale DNA synthesizers), application (drug discovery & development, genetic engineering, and clinical diagnostics), end use (academic & research institutes, pharmaceutical & biotechnology companies, and clinical laboratories), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, benchtop DNA synthesizers, large-scale DNA synthesizers are the major segments of DNA synthesizer market by type. Lucintel forecasts that benchtop DNA synthesizers will remain the largest segment over the forecast period due to high focus on R&D and rising demand for custom DNA synthesis.Within this market, pharmaceutical and biotechnology companies will remain the largest segment due to increasing need for precision medicine and novel therapeutic approaches.

North America will remain the largest region over the forecast period due to technological advancements and increasing demand for innovative synthesizers.

Danaher, Twist Bioscience, Kilobaser, Lgc, Csbio, K&A Labs, DNA Script, Oligomaker Aps, Polygen, and Biolytic Lab Performance are the major suppliers in the DNA synthesizer market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Explore Our Latest Publications

Local SEO Software Market

Online On-Demand Laundry Service Market

Automotive Protection Film Market

Field Induced Polymer Electroluminescent (FIPEL) Market

Polyacetal (Polyoxymethylene, POM) Market

Toluene Diisocyanate (TDI) Market

No comments:

Post a Comment