DNA Synthesis Industry Poised for Strong 14% Annual Growth Rate
The global DNA synthesis market is set to undergo a period of rapid expansion, driven by its fundamental role in a wide range of life sciences applications. A new market outlook report projects that the market, valued at an estimated USD 3.7 billion in 2025, will surge to USD 13.7 billion by 2035, demonstrating a robust compound annual growth rate (CAGR) of 14% over the forecast period. This significant growth is underpinned by the increasing demand for artificial DNA sequences in genetic research, biotechnology, diagnostic procedures, and therapeutic interventions. Overview The DNA synthesis market is a critical enabler of modern biology, facilitating the production of synthetic DNA sequences that are essential for advancing gene therapies, molecular diagnostics, and the development of personalized medicine. Its strong growth prospects are a direct result of rising global demand for genetic testing and the proliferation of precision medicine initiatives. The market's evolution...