Mexico Dna Synthesis Market Size & Outlook, 2023-2030
Mexico dna synthesis market, 2018-2030 (US$M)
Related Markets
Mexico dna synthesis market highlights
- The Mexico dna synthesis market generated a revenue of USD 39.5 million in 2023 and is expected to reach USD 89.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.3% 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 39.5 million |
| Market revenue in 2030 | USD 89.2 million |
| Growth rate | 12.3% (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, Mexico accounted for 1.3% 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 |
|---|
Mexico 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 55.19% in 2023. Horizon Databook has segmented the Mexico 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 Mexico is relatively small. The market is driven by the increasing adoption of personalized medicine, the growing popularity of genomics & proteomics research, and the rising demand for diagnostics.
Mexico has a significant burden of chronic diseases, such as diabetes, obesity, and cardiovascular diseases. According to the World Obesity Federation, in 2022, Mexico reported around 36.9% of the population with obesity cases.
Moreover, DNA can be used to develop rapid and accurate diagnostic tests for these diseases, allowing for quicker intervention and better control of outbreaks. In addition, the increasing research initiatives for developing DNA-based vaccines or antiviral therapies are expected to boost the market.
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Our clientele includes a mix of dna synthesis market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico dna synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Mexico dna synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico dna synthesis market report size, by service type, 2018-2030 (US$M)
Mexico DNA Synthesis Market Share, 2023 & 2030 (US$M)
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