Market revenue in 2022 | USD 24.2 million |
Market revenue in 2030 | USD 75.1 million |
Growth rate | 15.2% (CAGR from 2022 to 2030) |
Largest segment | Solid-phase synthesis |
Fastest growing segment | PCR-based Enzyme Synthesis |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Solid-phase Synthesis, Chip-based Synthesis, PCR-based Enzyme Synthesis |
Key market players worldwide | Genscript Biotech Corp Class H, Brooks Automation, Twist Bioscience Corp, ProteoGenix, Biomatik Corporation, Thermo Fisher Scientific Inc, Integrated DNA Technologies, Origene Technologies |
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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 gene synthesis market will help companies and investors design strategic landscapes.
Solid-phase synthesis was the largest segment with a revenue share of 35.95% in 2022. Horizon Databook has segmented the Brazil gene synthesis market based on solid-phase synthesis, chip-based synthesis, pcr-based enzyme synthesis covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing adoption of high throughput sequencing and rising computational capacities in Brazil are enabling growth in applications of genetic technologies. Similarly, the country’s emerging economy and expansion in biotechnology sector are fueling demand for innovative applications in this area.
Sectors such as plant biology and agricultural research are witnessing an increasing scope of genetic applications due to local presence of organizations such as Embrapa (Brazilian Agricultural Research Corporation), which has been involved in supporting research activities in this domain and has aided market growth.
Similarly, initiatives from other institutions in the country, such as the Brazilian Bio-renewables National Laboratory’s series of workshops on Industrial Biotechnology and Synthetic Biology, are driving an increasing number of research prospects for industrial applications of the technique. Such initiatives and are anticipated to support market growth in the near future.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil gene synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Brazil gene synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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