India Dna Synthesis Market Size & Outlook, 2023-2030

The dna synthesis market in India is expected to reach a projected revenue of US$ 279.0 million by 2030. A compound annual growth rate of 19% is expected of India dna synthesis market from 2024 to 2030.
Revenue, 2023 (US$M)
$82.4
Forecast, 2030 (US$M)
$279.0
CAGR, 2024 - 2030
19%
Report Coverage
India

India dna synthesis market highlights

  • The India dna synthesis market generated a revenue of USD 82.4 million in 2023 and is expected to reach USD 279.0 million by 2030.
  • The India market is expected to grow at a CAGR of 19% 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 82.4 million
Market revenue in 2030USD 279.0 million
Growth rate19% (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, India accounted for 2.6% 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 Asia Pacific, China dna synthesis market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 863.2 million by 2030.

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DNA Synthesis Market Companies

Name Profile # Employees HQ Website

India 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 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.

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

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

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

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