The global gene synthesis industry is set for significant growth, with its valuation projected to rise from USD 779.4 million in 2023 to over USD 4.5 billion by 2033. This expansion reflects a remarkable CAGR of 19.2% during the forecast period. Key Drivers of Market Growth: Rising Demand for Synthetic Biology Applications: The growing application …
Tag Archives: Gene Synthesis Industry
Gene Synthesis Market Poised for Explosive Growth at 19.2% CAGR, Reaching US$4.5 Billion by 2033 | FMI Study
The Gene Synthesis Market is on the cusp of a remarkable transformation, driven by the burgeoning demand for these technologies across various scientific disciplines. According to recent industry analysis, the market, currently valued at US$779.4 million in 2023, is projected to experience a phenomenal Compound Annual Growth Rate (CAGR) of 19.2% over the next decade. …
North American Gene Synthesis Industry Anticipated to Expand at a Remarkable CAGR of 15.7%, Hitting US$1.3 Billion by 2033 | FMI Insights
According to Future Market Insights (FMI), the United States is poised to maintain its dominance in the North American Gene Synthesis Industry from 2023 to 2033. Fueled by the surging adoption of gene editing and synthesis procedures by pharmaceutical and diagnostic developers, the demand for gene synthesis services is on the rise in the United …