Spain Gene Synthesis Market Size & Outlook, 2022-2030
Spain gene synthesis market, 2018-2030 (US$M)
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Spain gene synthesis market highlights
- The Spain gene synthesis market generated a revenue of USD 10.7 million in 2022 and is expected to reach USD 30.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 14% 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 10.7 million |
| Market revenue in 2030 | USD 30.5 million |
| Growth rate | 14% (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, Spain accounted for 0.6% 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 |
|---|
Spain 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 36.45% in 2022. Horizon Databook has segmented the Spain 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.
Spain is slowly growing to become a new center of development in the biotechnology and gene synthesis sector in Europe. Increasing interest of investors in the country’s rapidly growing biotechnology field is an opportunity for Spain.
This interest can be attributed to the potential of therapeutics, vaccines, medical devices, and both small molecules & biologicals developed by top research groups at Spanish universities. For instance, Universitat Autònoma de Barcelona (UAB), Barcelona, is one of the leading institutes in the country with expertise in synthetic biology research.
Presence of such institutes and active involvement of researchers are anticipated to impel market growth. Spanish researchers have developed a new innovative type of genetic design that allows recreation of some of the key processes that are responsible for creation of structures in natural systems.
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Our clientele includes a mix of gene 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 Spain gene synthesis market, including forecasts for subscribers. This country databook contains high-level insights into Spain gene synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain gene synthesis market report size, by method, 2018-2030 (US$M)
Spain Gene Synthesis Market Share, 2022 & 2030 (US$M)
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