Gene Synthesis Services Is The Fastest Growing Segment Fueling The Growth Of M-RNA Synthesis Service Market

https://www.coherentmarketinsights.com/market-insight/mrna-synthesis-service-market-5537
M-RNA Synthesis Service Market

https://www.coherentmarketinsights.com/market-insight/mrna-synthesis-service-market-5537
M-RNA Synthesis Service MarkeT



Market Overview:

The m-RNA synthesis service market involves production of synthetic gene fragments or full-length genes through in vitro transcription. It helps in the development of new medicines, understand biological processes, improve crop yields and evaluating biological pathways.

Market key trends:
The growing demand for synthetic biology with rising need for gene and DNA synthesis is expected to surge the demand for m-RNA synthesis services during the forecast period. Synthetic gene synthesis is gaining traction as it helps in elucidating biological mechanisms, drug discoveries and facilitating research related to gene therapy. Advancing technologies in DNA synthesis have enabled development of personalized medicines and accelerated medical research activities thereby fueling market growth.
Segment Analysis

The global m-RNA synthesis service market is segmented into service type, end-user, and region. By service type, the market is segmented into in vitro transcription, gene/mRNA synthesis, individual gene/mRNA synthesis, full gene/mRNA synthesis, and special synthesis & cloning. The individual gene/mRNA synthesis dominates the m-RNA synthesis service market as it offers custom mRNA synthesis services for various RNA-based research applications.

The global m-RNA Synthesis Service Market Growth is estimated to be valued at US$ 6,438.6 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways

The m-RNA synthesis service market involves production of synthetic gene fragments or full-length genes through in vitro transcription. It helps in the development of new medicines, understand biological processes, improving crop yields and evaluate biological pathways.

Market key trends:
The growing demand for synthetic biology with rising need for gene and DNA synthesis is expected to surge the demand for m-RNA synthesis services during the forecast period. Synthetic gene synthesis is gaining traction as it helps in elucidating biological mechanisms, drug discoveries and facilitating research related to gene therapy. Advancing technologies in DNA synthesis have enabled development of personalized medicines and accelerated medical research activities thereby fueling market growth.
Segment Analysis

The global m-RNA synthesis service market is segmented into service type, end-user, and region. By service type, the market is segmented into in vitro transcription, gene/mRNA synthesis, individual gene/mRNA synthesis, full gene/mRNA synthesis, and special synthesis & cloning. The individual gene/mRNA synthesis dominates the m-RNA synthesis service market as it offers custom mRNA synthesis services for various RNA-based research applications.

The global m-RNA Synthesis Service Market Growth is estimated to be valued at US$ 6,438.6 Mn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Key Takeaways

Market size:
The global m-RNA synthesis service market is expected to witness high growth, exhibiting CAGR of 5.5% over the forecast period, due to increasing demand for custom mRNA synthesis services in pharmaceutical and biotechnology industries.

Regional analysis:
North America dominates the global m-RNA synthesis service market and is expected to continue dominating over the forecast period owing to presence of key players and strong funding from government and private organizations for research activities. Asia Pacific exhibits the fastest growth in the market due to rising biotechnology research in major emerging countries.

Key players:
Key players operating in the m-RNA synthesis service market are Maravai LifeSciences, Azenta US, Inc., Creative Biolabs, Becton, Dickinson And Company, Creative Biogene, Kaneka Corporation, Danaher, eTheRNA, Biomay AG, ApexBio Technology, RiboPro, F. Hoffmann-La Roche Ltd, System Biosciences, LLC., Aurigene Pharmaceutical Services Ltd., OZ Biosciences, Aldevron and GenScript.


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