Market revenue in 2023 | USD 82.4 million |
Market revenue in 2030 | USD 279.0 million |
Growth rate | 19% (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 |
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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 56.19% in 2023. Horizon Databook has segmented the India dna synthesis market based on oligonucleotide synthesis, gene synthesis covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the high birth rate, India has a high prevalence of genetic disorders due to various factors, such as consanguineous marriages and founder mutations. Gene expressions and oligonucleotides are essential for prenatal screening, carrier testing, & genetic counseling for these disorders. They are also used for potential gene therapy applications.
Furthermore, initiatives like “Make in India” and R&D grants empower domestic players and attract foreign investments, impacting the DNA synthesis market. For instance, in September 2019, the Department of Biotechnology (DBT) launched the Unique Methods of Management & Treatment of Inherited Disorders (UMMID) initiative in India to tackle inherited genetic diseases in newborn babies.
Horizon Databook provides a detailed overview of country-level data and insights on the India dna synthesis market, including forecasts for subscribers. This country databook contains high-level insights into India dna synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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