DNA Synthesizer Market Growth in Future Scope 2023-2030

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The Global DNA Synthesizer Market size is projected to reach US$ 15.60 Billion by 2030, from US$ 4.3 Billion in 2023, at a CAGR of 20.2% during the forecast period 2023-2030.

The global DNA Synthesizer Market is estimated to be valued at US$ 4.3 Bn in 2023 and is expected to exhibit a CAGR of 20. % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. 

Market Overview:

The DNA synthesizer market is highly concentrated with few major players accounting for a significant share. A DNA synthesizer is an automated machine used to synthesize short or long strands of DNA in the laboratory. It works on the basis of solid-phase synthesis techniques and phosphoramidite chemistry. DNA synthesizers offer advantages such as high synthesis quality, scalability, and reproducibility. With increasing application of DNA synthesizers in next-generation DNA sequencing, molecular diagnostics, and synthetic biology, the demand for DNA synthesizers is expected to rise substantially over the forecast period.

Read More @ https://www.coherentmarketinsights.com/market-insight/dna-synthesizer-market-5913

Market key trends:

Next-generation DNA sequencing (NGS) is one of the fastest growing application areas of DNA synthesizers that is fueling market growth. NGS requires generating a large number of DNA templates for library preparation, which is now possible with automated DNA synthesizers with high production capacity. Furthermore, continual technological improvements such as incorporation of microfluidics, revolutionary chemistries, and customizability of DNA sequences are supporting large-scale DNA synthesis for NGS. This is increasing adoption of DNA synthesizers among sequencing laboratories.

Segment Analysis

The global DNA synthesizer market is segmented into gene synthesis, oligonucleotide synthesis, and scientific RD based on application. Among these, the oligonucleotide synthesis segment is dominating the market and accounted for more than 50% share in 2022. This is due to the wide applications of oligonucleotides in research, diagnostics, and thera

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