Sweden Dna Synthesis Market Size & Outlook, 2023-2030

The dna synthesis market in Sweden is expected to reach a projected revenue of US$ 118.5 million by 2030. A compound annual growth rate of 11.7% is expected of Sweden dna synthesis market from 2024 to 2030.
Revenue, 2023 (US$M)
$54.7
Forecast, 2030 (US$M)
$118.5
CAGR, 2024 - 2030
11.7%
Report Coverage
Sweden

Sweden dna synthesis market highlights

  • The Sweden dna synthesis market generated a revenue of USD 54.7 million in 2023 and is expected to reach USD 118.5 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 11.7% 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 54.7 million
Market revenue in 2030USD 118.5 million
Growth rate11.7% (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, Sweden accounted for 1.7% 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 Europe, Germany dna synthesis market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 502.8 million by 2030.

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DNA Synthesis Market Companies

Name Profile # Employees HQ Website

Sweden 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 55.58% in 2023. Horizon Databook has segmented the Sweden dna synthesis market based on oligonucleotide synthesis, gene synthesis covering the revenue growth of each sub-segment from 2018 to 2030.


With its robust biotechnology and life sciences sectors, Sweden plays a significant role in the global DNA synthesis market. Sweden has a strong scientific research tradition, and DNA is crucial in biomedical research. Moreover, researchers use synthetic DNAs for gene expression studies, functional genomics, and other molecular biology applications.

Strategic initiatives, such as mergers, acquisitions, collaborations, and expansions, are expected to support market growth over the forecast period. For instance, in October 2021, Biotage acquired ATDBio Ltd., a UK-based company. This acquisition significantly strengthened Biotage’s position in the DNA synthesis market.

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

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

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

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

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