Gene Synthesis for Research Use Market 2030 Economic Environmental Analysis and Future Forecast 2030
Gene Synthesis for Research Use Industry The global gene synthesis (research use) market size is expected to reach USD 5.14 billion by 2030 and is expected to grow at a CAGR of 16.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is primarily propelled by the growing number of research & development activities, increasing market competition, and the rising development in the field of synthetic biology. The wide range of applications associated with gene synthesis is also projected to drive the market growth. The methods involved in gene synthesis have unique advantages and make it feasible for widespread use. For instance, the solid-phase synthesis technique involved in gene synthesis allows for the acceleration of synthesis reaction by using solution-phase reagents in excess. It can be conducted without the need for a purification process after each step. In addition, this method helps in improving the efficiency ...