Market revenue in 2022 | USD 5.9 million |
Market revenue in 2030 | USD 18.5 million |
Growth rate | 15.4% (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 35.59% in 2022. Horizon Databook has segmented the Mexico 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.
Mexico’s gene synthesis market is favored by presence of several important institutions, such as CINVESTAV (Centro de Investigación y Estudios Avanzados) and IBT (Instituto de Biotecnología), among others, which are supporting growth of its biotechnological sector.
The country has also established a government program called PECiTI (Programa Especial de Ciencia y tecnología e Innovación) in 2013 for promoting biotechnological applications and innovations. Such programs are anticipated to open new avenues for application of genetic technologies and positively impact the market.
The company has developed low-cost lab equipment & information kits for this purpose and intends to boost genetic engineering capabilities in the country. Such initiatives are expected to drive adoption of gene synthesis & its applications in Mexico and contribute to market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico gene synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Mexico gene synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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