Japan Gene Synthesis Market Size & Outlook, 2022-2030
Japan gene synthesis market, 2018-2030 (US$M)
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Japan gene synthesis market highlights
- The Japan gene synthesis market generated a revenue of USD 85.5 million in 2022 and is expected to reach USD 298.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 16.9% 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 85.5 million |
| Market revenue in 2030 | USD 298.3 million |
| Growth rate | 16.9% (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, Japan accounted for 4.9% 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 Asia Pacific, China gene synthesis market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 147.0 million by 2030.
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Gene Synthesis Market Scope
Gene Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 35.91% in 2022. Horizon Databook has segmented the Japan 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.
Japan's gene synthesis market is marked by numerous initiatives adopted by key players, to reinforce their global presence and strengthen their product offerings. Few players are involved in expanding their R&D capabilities, which, in turn, increases the demand for products in R&D procedures.
In October 2020, ERS Genomics Limited partnered with FASMAC Co., Ltd, Japan, for the commercialization of gene editing tools and reagents. The Japanese company offers DNA/RNA synthesis products and other services.
Furthermore, presence of initiatives such as the SmartCell Project, which is a national initiative being conducted in the country since 2016, is expected to drive growth. The project has launched a suite of synthetic biology research technologies and automated gene-editing tools to further boost development and commercialization of new techniques.
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Our clientele includes a mix of gene synthesis market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan gene synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Japan gene synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan gene synthesis market report size, by method, 2018-2030 (US$M)
Japan Gene Synthesis Market Share, 2022 & 2030 (US$M)
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