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.
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.