Global DNA synthesis market to grow $6.5 billion by 2028

29 October 2024

The global DNA synthesis market is set to grow by $6.5 billion over the next five years, according to a new report from Technavio.

Driven by the rise of DNA synthesis-based therapeutics and automation, the sector is projected to expand at a compound annual growth rate of 18.1% from 2024 to 2028.

While the market shows strong potential in areas like synthetic biology, diagnostics, and gene therapy, regulatory challenges around the safe production of synthetic DNA remain a hurdle.

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