Japan Dna Synthesis Market Size & Outlook, 2023-2030
Japan dna synthesis market, 2018-2030 (US$M)
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Japan dna synthesis market highlights
- The Japan dna synthesis market generated a revenue of USD 144.6 million in 2023 and is expected to reach USD 423.2 million by 2030.
- The Japan 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 2023 | USD 144.6 million |
| Market revenue in 2030 | USD 423.2 million |
| Growth rate | 16.6% (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, Japan accounted for 4.6% 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 Scope
DNA Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 55.81% in 2023. Horizon Databook has segmented the Japan dna synthesis market based on oligonucleotide synthesis, gene synthesis covering the revenue growth of each sub-segment from 2018 to 2030.
The DNA synthesis market in Japan is expected to witness significant growth over the forecast period. Japan has a significant aging population and a high focus on personalized medicine. According to the World Economic Forum, in 2023, the aging population in Japan is rapidly rising, and over 10% of its citizens are now aged 80 or above.
Furthermore, oligonucleotides are crucial for molecular diagnostics, including Polymerase Chain Reaction (PCR), DNA sequencing, and gene editing. This is further anticipated to boost the demand for DNA synthesis during the forecast period.
The growing adoption of precision medicine and personalized healthcare in Japan is boosting the demand for these diagnostic applications. In addition, Japan is a major player in scientific research, particularly in biotechnology and biopharmaceuticals.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan dna synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Japan dna synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan dna synthesis market report size, by service type, 2018-2030 (US$M)
Japan DNA Synthesis Market Share, 2023 & 2030 (US$M)
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