Germany Gene Synthesis Market Size & Outlook, 2022-2030
Germany gene synthesis market, 2018-2030 (US$M)
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Germany gene synthesis market highlights
- The Germany gene synthesis market generated a revenue of USD 65.4 million in 2022 and is expected to reach USD 210.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 15.8% from 2023 to 2030.
- In terms of segment, solid-phase synthesis was the largest revenue generating method in 2022.
- PCR-based Enzyme Synthesis is the most lucrative method segment registering the fastest growth during the forecast period.
Gene synthesis market data book summary
| Market revenue in 2022 | USD 65.4 million |
| Market revenue in 2030 | USD 210.9 million |
| Growth rate | 15.8% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 3.7% of the global gene synthesis market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany gene synthesis market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 210.9 million by 2030.
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Gene Synthesis Market Scope
Gene Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany gene 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 gene synthesis market will help companies and investors design strategic landscapes.
Solid-phase synthesis was the largest segment with a revenue share of 35.78% in 2022. Horizon Databook has segmented the Germany 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.
Germany has large number of institutes and universities involved in conducting biotech-based research, thereby boosting revenue generation in the country. Moreover, conferences and workshops held in the country regarding gene synthesis technology and various other aspects of synthetic biology are expected to drive growth of this market.
The society has conducted several research projects with the involvement of Max Planck Institutes across Germany along with Department of Theology of the Friedrich Alexander University Erlangen-Nuremberg. Furthermore, German Conference on Synthetic Biology (GCSB21) was to be held in September 2021.
It is focused on cutting-edge research from the different fields of synthetic biology, such as automation, bioinformatics & systems biology and smart materials, as well as expanding applications in agricultural, biomedical, & environmental fields. Such events would increase the adoption of gene synthesis products in the country, driving growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany gene synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Germany gene synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany gene synthesis market report size, by method, 2018-2030 (US$M)
Germany Gene Synthesis Market Share, 2022 & 2030 (US$M)
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