Brazil Dna Synthesis Market Size & Outlook, 2023-2030
Brazil dna synthesis market, 2018-2030 (US$M)
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Brazil dna synthesis market highlights
- The Brazil dna synthesis market generated a revenue of USD 61.7 million in 2023 and is expected to reach USD 149.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, oligonucleotide synthesis was the largest revenue generating service type in 2023.
- Gene Synthesis is the most lucrative service type segment registering the fastest growth during the forecast period.
Dna synthesis market data book summary
| Market revenue in 2023 | USD 61.7 million |
| Market revenue in 2030 | USD 149.6 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Oligonucleotide synthesis |
| Fastest growing segment | Gene Synthesis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oligonucleotide Synthesis, Gene Synthesis |
| Key market players worldwide | Thermo Fisher Scientific Inc, Twist Bioscience Corp, Codexis Inc, LGC Group, Eurofins Scientific SE, Genscript Biotech Corp Class H, Bioneer, IBA Lifesciences, Danaher Corp, Quintarabio |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.0% of the global dna synthesis market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil dna synthesis market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 149.6 million by 2030.
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DNA Synthesis Market Scope
DNA Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil dna synthesis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dna synthesis market will help companies and investors design strategic landscapes.
Oligonucleotide synthesis was the largest segment with a revenue share of 55.92% in 2023. Horizon Databook has segmented the Brazil dna synthesis market based on oligonucleotide synthesis, gene synthesis covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for DNA synthesis is expected to surge due to the expansion of the biotechnology and pharmaceutical sectors. The biotech and pharmaceutical industries in Brazil drive the need for custom DNA in research, diagnostics, and therapeutic applications.
DNA is important in genetic research, such as genomics, transcriptomics, and molecular diagnostics. Growth in scientific research and genetic studies is expected to boost the demand for custom DNA for applications such as PCR, which is expected to improve further over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil dna synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Brazil dna synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil dna synthesis market report size, by service type, 2018-2030 (US$M)
Brazil DNA Synthesis Market Share, 2023 & 2030 (US$M)
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