Top 5 Companies in the Gene Synthesis Market

Top 5 Companies in the Gene Synthesis Market


Jun 6, 2024

Blog Biotechnology Top 5 Companies in the Gene Synthesis Market

What is Gene Synthesis?

Gene synthesis, also known as artificial gene synthesis, is a revolutionary technique that allows scientists to create specific DNA sequences in a laboratory without the need for a template DNA strand, which is the genetic unit that carries the genetic information of the parent to the child. It allows the formation of a DNA molecule.

Future Prediction for the Gene Synthesis Market

The global gene synthesis market is driven by advancements in biotechnology, increasing demand for synthetic genes in various applications, and growing investment in R&D. The global market for gene synthesis was valued at $2.0 billion in 2023. Between 2023 and 2028, the market is predicted to have a CAGR of 15.8%, leading to a value of $4.1 billion by the end of 2028. Emerging technologies such as enzymatic synthesis and AI-powered design are also driving the market, alongside a growing focus on personalized medicine.



Gene Synthesis: Technologies and Global Markets

The global market for Gene Synthesis is estimated to increase from $2.0 billion in 2023 to reach $4.1 billion by 2028, at a compound annual growth rate (CAGR) of 15.8% from 2023 through 2028.

This blog presents the top 5 leading players in this market.

The gene synthesis market is dominated by five companies: GenScript, Eurofins Scientific, Thermo Fisher Scientific, Merck and Azenta.

  1. GenScript

GenScript is a prominent New Jersey-based biotechnology company founded in 2002. It has established itself as a global leader in providing essential tools and services for life science research and development (R&D).

The company offers their products in four business segments:

  • Life-Science Services and Products
  • Biologics Development Services
  • Industrial Synthetic Biology Products
  • Cell Therapy
  1. Eurofins Scientific

It was founded in 1987. Eurofins Scientific is a huge company that offers testing services in Europe. Eurofins Genomics, as a subsidiary company, provides genomics and sequencing services using a variety of Sanger and next-generation instrument formats. It offers services in genetic testing, DNA sequencing, and bioinformatics, supporting research and development in various fields, including personalized medicine.

  1. Thermo Fisher Scientific Inc.

Thermo Fisher Scientific is a global leader in providing scientific solutions and services across various industries, including life sciences, healthcare, and analytical instruments. With a diverse portfolio of products and services, the company aims to enable customers to make the world healthier, cleaner, and safer.

Thermo Fisher Scientific operates through four key business segments:

  • Life Sciences Solutions
  • Analytical Instruments
  • Specialty Diagnostics
  • Laboratory Products and Biopharma Services
  1. Merck KgaA

Merck KGaA, often referred to as Merck, is a German multinational science and technology company headquartered in Darmstadt, Germany. Founded in 1668, it is the world’s oldest operating chemical and pharmaceutical company and one of the largest pharmaceutical companies globally.

Merck KgaA operates through three main business lines:

  • Healthcare
  • Life Sciences
  • Electronics
  1. Azenta US Inc.

Azenta US Inc., formerly known as Brooks Automation is a leading provider of life sciences solutions designed to accelerate the exploration, development, and delivery of impactful breakthroughs and therapies. The company offers products and services offerings which are developed internally within the company.

The company operates their business in two main segments:

  • Life Sciences Products
  • Life Sciences Services

Overall, the gene synthesis market is poised for continued growth, fueled by advances in biotechnology, increasing demand for synthetic genes, and expanding applications in healthcare, agriculture, and industrial biotechnology. Companies that embrace technological innovation and navigate regulatory challenges will be positioned to capitalize on emerging opportunities in this dynamic market.

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    Heena Singh

    Written By Heena Singh

    Heena Singh is a Senior Executive Email Marketer at BCC Research, with a master’s degree in computer applications. She specializes in content creation and data analytics.

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