UAE Dna Synthesis Market Size & Outlook, 2023-2030
UAE dna synthesis market, 2018-2030 (US$M)
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UAE dna synthesis market highlights
- The UAE dna synthesis market generated a revenue of USD 12.1 million in 2023 and is expected to reach USD 26.7 million by 2030.
- The UAE market is expected to grow at a CAGR of 12% 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 12.1 million |
| Market revenue in 2030 | USD 26.7 million |
| Growth rate | 12% (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, UAE accounted for 0.4% 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 Middle East & Africa, Saudi Arabia dna synthesis market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 41.8 million by 2030.
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DNA Synthesis Market Scope
DNA Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 55.37% in 2023. Horizon Databook has segmented the UAE dna synthesis market based on oligonucleotide synthesis, gene synthesis covering the revenue growth of each sub-segment from 2018 to 2030.
The United Arab Emirates (UAE) has a rapidly growing healthcare sector fueled by government investments, an increasing population, and rising disposable incomes. As per the International Trade Administration, the 2022 federal budget of UAE allocated a total of USD 17.18 billion for public expenditures, with 7.6% specifically committed to healthcare.
Furthermore, the UAE government is actively promoting the adoption of precision medicine, which tailors medical treatments to an individual’s genetic makeup. This personalized approach relies heavily on oligonucleotides for targeted therapies and diagnostics.
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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 UAE dna synthesis market, including forecasts for subscribers. This country databook contains high-level insights into UAE dna synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE dna synthesis market report size, by service type, 2018-2030 (US$M)
UAE DNA Synthesis Market Share, 2023 & 2030 (US$M)
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