We have all heard of chemotherapy, psychotherapy, etc. But have you ever heard of “Gene Therapy”? Numerous diseases, including cancer, cystic fibrosis, heart disease, diabetes, hemophilia, and AIDS, may be treated using gene therapy. This becomes possible only because of DNA synthesis. What is DNA synthesis? How big is the DNA synthesis market, and what are the benefits of it? Let us find it out!
DNA Synthesis – Formation & Structure
Creating DNA molecules naturally or artificially is knowns as DNA synthesis. A macromolecule known as DNA is composed of repeating nucleotide units joined together by covalent and hydrogen bonds. These nucleotide units are joined to form DNA during DNA synthesis, which can occur in vivo or in vitro. A nitrogenous base (cytosine, guanine, adenine, or thymine), pentose sugar (deoxyribose), and phosphate group make up a nucleotide unit.
Multiplying The Market With Gene Therapy
The business that makes and sells synthetic DNA, also known as artificial or engineered DNA, is called the DNA synthesis market. The market was valued at USD 2.88 billion in 2023 and is expected to multiply with a CAGR of 19.7%, generating an unbelievable revenue of USD 12.15 billion by 2032.
Popularly known as Gene therapy, it is a complicated approach to injecting genes into patient cells to prevent diseases. Gene therapy cannot proceed without the use of synthetic gene structures. Gene therapy is gaining popularity because of its innovative and long-lasting therapeutic effects. Other factors that are boosting the growth are:
- Propels in engineered DNA innovation are a functional reaction to the rising number of new illnesses and expected pandemics.
- Gene synthesis can be used to replicate and identify genes of interest in the SARS-CoV-2 and subsequent pandemics.
- DNA combination reinforces the body’s protection from sickness and contamination.
- DNA synthesis is essential for stopping DNA changes that could cause oncological diseases.
- Interest in DNA union is ascending because of treating untimely aging potential.
Implementing The Gene Studies
- Research And Development
Research and development (R&D) play a pivotal role in driving innovation and advancements in the market. R&D efforts are focused on exploring new techniques, methodologies, and technologies to improve the efficiency and accuracy of DNA synthesis processes.
- Academic Institutes
Academic institutes serve as vital hubs for DNA synthesis research and education. These institutes, including universities and research centers, provide a nurturing environment for scientists, researchers, and students to delve into the intricacies of DNA synthesis. This segment was accounted for the largest DNA synthesis market share in 2021.
- Industrial
The industrial sector plays a significant role in the industry, translating scientific discoveries and research into practical applications. Industrial companies involved in DNA synthesis contribute to the development of commercial DNA synthesis platforms, instruments, and reagents.
- Diagnosis, Therapeutics
DNA synthesis has a significant impact on the fields of diagnosis and therapeutics. In diagnostics, DNA synthesis is utilized to develop advanced molecular diagnostic tests that can identify genetic mutations, detect infectious agents, and enable personalized medicine.
New Technologies, New World
Many recent developments have been made that have substantially boosted the DNA synthesis market growth.
- Clonal-prepared quality pieces will be made accessible by Contort Bioscience in December 2020 to finish its quality contribution. It is possible to create flawless clones with or without adapters using the released fragments.
- Globally, 19.3 million new cases of cancer and approximately 10.0 million deaths related to cancer were reported in 2020, according to an article published in an ACS journal.
Creating New With Magical Science
The fields of immunology, cancer therapy, infectious disease, vaccines, and synthetic biology are currently undergoing active research and development. This DNA synthesis market is expanding due to the commercialization of therapeutic oligonucleotides like siRNA, oligos, and miRNA inhibitors. This technology will provide humankind with quick, dependable, affordable, healthy living solutions.