Market revenue in 2023 | USD 54.7 million |
Market revenue in 2030 | USD 118.5 million |
Growth rate | 11.7% (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 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.
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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