Factors Hindering the DNA Synthesis Market

The global DNA synthesis industry is poised for a remarkable surge, propelled by the accelerating pace of advancements in genomics research. According to a recent analysis by Future Market Insights, a leading market research firm, the market is projected to experience a stellar Compound Annual Growth Rate (CAGR) of 13.2% from 2023 to 2033. This translates to a significant market expansion, with the value expected to climb from US$2,898.3 million in 2023 to a staggering US$9,999.6 million by 2033.