South Korea Dna And Gene Cloning Services Market Size & Outlook
The dna and gene cloning services market in South Korea is expected to reach a projected revenue of US$ 177.5 million by 2030. A compound annual growth rate of 14.7% is expected of South Korea dna and gene cloning services market from 2024 to 2030.
- Biotechnology
- Recombinant DNA & DNA Analysis
- DNA and Gene Cloning Services Market Outlook
- Recombinant DNA & DNA Analysis
Revenue, 2023 (US$M)
$68.0
Forecast, 2030 (US$M)
$177.5
CAGR, 2024 - 2030
14.7%
Report Coverage
South Korea
Global Market
Related Markets
Ask Prism AI anything about the dna and gene cloning services market
Get a cited answer from GVR research in seconds: segment shares, growth drivers, regulation and forecast assumptions.
Every answer starts with GVR research, and every figure is cited.Explore Prism AI
South Korea dna and gene cloning services market highlights
- The South Korea dna and gene cloning services market generated a revenue of USD 68.0 million in 2023 and is expected to reach USD 177.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 14.7% from 2024 to 2030.
- In terms of segment, gene synthesis was the largest revenue generating service in 2023.
- Custom Cloning is the most lucrative service segment registering the fastest growth during the forecast period.
Dna and gene cloning services market data book summary
| Market revenue in 2023 | USD 68.0 million |
| Market revenue in 2030 | USD 177.5 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Gene synthesis |
| Fastest growing segment | Custom Cloning |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Synthesis, Custom Cloning, Sub-cloning |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global dna and gene cloning services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dna and gene cloning services market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 628.1 million by 2030.
No credit card required*
Publish Date: Jul 23, 2024
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
- Turnaround
- 5–10 working days
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
DNA And Gene Cloning Services Market Scope
DNA and Gene Cloning Services Market segmentation & scope
DNA And Gene Cloning Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Merck KGaA | View profile | 62,345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | www.emdgroup.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Danaher Corp | View profile | 63,000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | www.danaher.com |
| Eurofins Scientific SE | View profile | 61,798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | www.eurofins.com |
| Charles River Laboratories International Inc | View profile | 21,400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | www.criver.com |
| Bio-Techne Corp | View profile | 3,050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | www.bio-techne.com |
| Genscript Biotech Corp Class H | View profile | 6,937 | No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 | www.genscript.com |
| Twist Bioscience Corp | View profile | 919 | 681 Gateway Boulevard, South San Francisco, CA, United States, 94080 | www.twistbioscience.com |
| Curia | View profile | 1001-5000 | Albany, New York, United States, North America | curiaglobal.com |
| Syngene | View profile | 1001-5000 | Bangalore, Karnataka, India, Asia | www.syngeneintl.com |
South Korea DNA and Gene Cloning Services Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to DNA and Gene Cloning Services Market Outlook will help companies and investors design strategic landscapes.
Gene Synthesis was the largest segment with a revenue share of 40.59% in 2023.
Horizon Databook has segmented the South Korea dna and gene cloning services market based on gene synthesis, custom cloning, sub-cloning covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Dna And Gene Cloning Services Market Service Outlook (Revenue, USD Million , 2018-2030)
- Gene Synthesis
- Custom Cloning
- Sub-cloning
- Others
- South Korea Dna And Gene Cloning Services Market Application Outlook (Revenue, USD Million , 2018-2030)
- DNA Sequencing
- Mutagenesis
- Genotyping
- Other
- South Korea Dna And Gene Cloning Services Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Academic & Research Institutes
- Pharmaceutical & Biotechnology Companies
- CROs & CMOs
Reasons to subscribe to DNA and Gene Cloning Services Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of DNA and Gene Cloning Services Market Outlook databook
- Our clientele includes a mix of DNA and Gene Cloning Services Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea DNA and Gene Cloning Services Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea DNA and Gene Cloning Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Dna And Gene Cloning Services Market, 2018-2030 (US$M)
South Korea dna and gene cloning services market statistics, by service, 2018-2030 (US$M)
