1. Product:
a) Sub-Segment: Reagents and Consumables
Reagents and consumables form a crucial part of the gene synthesis workflow. These include nucleotides, enzymes, primers, and buffers, among others. The increasing demand for these reagents and consumables in gene synthesis experiments is driving this segment. Factors such as ongoing advancements in reagent formulations and the ease of use are boosting their adoption in various research and diagnostic applications.
The gene synthesis market is highly competitive with the presence of several established and emerging market players. Some of the key players operating in the market include Thermo Fisher Scientific Inc., GenScript Biotech Corporation, Eurofins Scientific SE, Integrated DNA Technologies, Inc., and ATUM (formerly DNA2.0), among others. These companies are focusing on strategic partnerships, collaborations, and acquisitions to strengthen their market presence and expand their product portfolio. Moreover, continuous investments in research and development activities to enhance the efficiency and accuracy of gene synthesis technologies are also observed among market players.