Canada Dna Synthesis Market Size & Outlook, 2023-2030

The dna synthesis market in Canada is expected to reach a projected revenue of US$ 286.7 million by 2030. A compound annual growth rate of 16.6% is expected of Canada dna synthesis market from 2024 to 2030.
Revenue, 2023 (US$M)
$98.1
Forecast, 2030 (US$M)
$286.7
CAGR, 2024 - 2030
16.6%
Report Coverage
Canada

Canada dna synthesis market highlights

  • The Canada dna synthesis market generated a revenue of USD 98.1 million in 2023 and is expected to reach USD 286.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 16.6% 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 2023USD 98.1 million
Market revenue in 2030USD 286.7 million
Growth rate16.6% (CAGR from 2023 to 2030)
Largest segmentOligonucleotide synthesis
Fastest growing segmentGene Synthesis
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOligonucleotide Synthesis, Gene Synthesis
Key market players worldwideThermo 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, Canada accounted for 3.1% 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 North America, U.S. dna synthesis market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 286.7 million by 2030.

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DNA Synthesis Market Companies

Name Profile # Employees HQ Website

Canada 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 55.86% in 2023. Horizon Databook has segmented the Canada dna synthesis market based on oligonucleotide synthesis, gene synthesis covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Canada dna synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Canada dna synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada dna synthesis market report size, by service type, 2018-2030 (US$M)

Canada DNA Synthesis Market Share, 2023 & 2030 (US$M)

Canada dna synthesis market report size, by service type, 2018-2030 (US$M)

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