The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Cloning And Mutagenesis Global Market Report 2023, the cloning and mutagenesis market is expected to show significant growth in the forecast period.

Key insights from the cloning and mutagenesis market forecast include:

1. Market Size

The global cloning and mutagenesis market is expected to grow from $2.09 billion in 2022 to $2.53 billion in 2023 at a compound annual growth rate (CAGR) of 21%. The global cloning and mutagenesis market size is expected to reach $5.12 billion in 2027 at a CAGR of 19.3%.

2. Major Driver

Rising demand for genetically modified products is projected to drive the cloning and mutagenesis industry ahead in the coming years. For example, according to the data imparted in the annual report published by Bayar AG, a Germany-based biotechnology and pharmaceutical company, in February 2023, the annual sales of crop sciences and pharmaceutical segment that includes genetically modified products increased significantly over 2021, where crop sciences segment annual sales reached $27,794.38 million in 2022, up from $22,314.79 million in 2021. As a result, increased demand for genetically engineered products is propelling the cloning and mutagenesis market forward.

View More On The Cloning And Mutagenesis Market Report 2023 – https://www.thebusinessresearchcompany.com/report/cloning-and-mutagenesis-global-market-report

3. Key Trend

Product innovations are a prominent trend in the cloning and mutagenesis business. To maintain their market position, major cloning and mutagenesis companies are focusing on new product development. Twist Bioscience, a biotechnology business based in the United States, for example, will launch Clonal-Ready Gene Fragments in December 2020. It is a best-in-class Gene fragment that may be used to produce develops and decrease the time and cost of screening for perfect clones, regardless of adapter presence. Gene Fragments had the lowest error rate of all size groups, at 1:5,300, representing an approximately 2-fold improvement.

4. Largest Region

North America was the largest region in the cloning and mutagenesis market in 2022.

5. Major Players

Major players in the food diagnostics market are Thermo Fisher Scientific, Takara Bio Inc., Agilent Technologies Inc., Jena Bioscience GmbH, Transgen Biotech Co, New England Biolabs, Merck KGaA, Promega Corporation, Bio-Rad Laboratories, Inc., Danaher, Assay Genie, Genomax Technologies Pte Ltd., GENEWIZ Inc., abm Inc., GenScript, EZBioscience, and Codex DNA Inc.

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Key Cloning And Mutagenesis Market Segments
The global cloning and mutagenesis market is segmented –
1) By Product: Cloning Kits, Mutagenesis Kits, Other Product
2) By Technique: Blunt End Cloning, Topo PCR Cloning, Seamless Cloning, Site-Directed Mutagenesis, Other Techniques
3) By End User: Academic and Research Institutes, Biotechnology Companies, Other End User

The Cloning And Mutagenesis Global Market Report 2023  provides an in-depth analysis on the cloning and mutagenesis market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the cloning and mutagenesis market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Gene Therapy Global Market Report 2023
Cell And Gene Therapy Global Market Report 2023
Nucleic Acid Based Gene Therapy Global Market Report 2023

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