Press release
Synthetic Biology Market Crossing $26 Billion Up to 2025 | Major Market Demanding Players: GenScript, Intrexon Corporation, Integrated DNA Technologies, Inc., New England Biolabs, Inc., Synthetic Genomics Inc., Amyris, Inc., Thermo Fisher Scientific Inc.,
The document “Artificial Biology Market by way of manufacturers, regions, kind and alertness” covers the producers’ information, exact view about regions and nations of the arena; which demonstrates a local development fame, quantity and fee, which include market size, in addition to price information. along side segment statistics, inclusive of: by way of kind and application phase and so forth. On the basis of geography this file covers North the usa, Europe, Asia-Pacific, South the USA, middle East and Africa.Read Comprehensive Overview of Report at: https://www.crystalmarketresearch.com/report/synthetic-biology-market .
Industry Trend Analysis:
The synthetic biology market is expected to be around $26 billion by 2025. Synthetic biology is termed as designing and manufacturing of new biological parts, devices, and systems by applying engineering principles. It also involves redesigning of existing natural biological components. The market is largely driven by factors such as increasing research and development related expenditure by biotechnology and pharmaceutical companies, increase in the production of genetically modified crops and rising demand for synthetic genes. However, factors such as concerns related to biosafety and biosecurity and stringent regulatory policies can hamper the growth of the global synthetic biology market.
Competitive Analysis:
The major players operating in the synthetic biology market are focusing on strategic collaborations to facilitate advanced research and development of innovative solutions in order to capture a larger share of the market. For instance, in February 2016, Caribou Biosciences, Inc. (a leading company involved in the development of CRISPR technology for precision cell engineering) signed a non-exclusive license agreement with Integrated DNA Technologies, Inc., which is a producer of custom synthetic oligonucleotide-based technology. Under the terms of this agreement, Caribou granted IDT rights for the commercialization of CRISPR-Cas9 reagents across the globe under its intellectual property.
Some of the major players in the global synthetic biology market are GenScript, Intrexon Corporation, Integrated DNA Technologies, Inc., New England Biolabs, Inc., Synthetic Genomics Inc., Amyris, Inc., Thermo Fisher Scientific Inc., DuPont, Gingko Bioworks, and Agilent Technologies, Inc.
Market Opportunities:
Asia-Pacific region will offer lucrative growth opportunities due to increasing demand for high-quality nutrition and economical medicines. Additionally, increasing demand for protein therapy will offer growth opportunities for the key players in the market. For instance, in June 2014, Agilent Technologies Inc. launched QuikChange HT Protein Engineering System to accelerate protein engineering by developing libraries of rationally designed protein variants. Moreover, synthetic biology will provide ample opportunities in the field of DNA sequencing and for recreating natural biological systems and highly complex pathways.
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Synthetic Biology Market Segmentation:
By Product: Enabling Products: (Oligonucleotide Synthesis and DNA Synthesis), Core Products: (Standardized DNA Parts, Synthetic Genes and Chassis Organisms) and Enabled Products
By Application: Agriculture, Chemicals, Biofuels, Healthcare and Others
By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)
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Regional Trend Analysis:
Europe accounted for the major share of the global market for synthetic biology in 2016. This is primarily due to a number of factors such as the rise in R&D efforts for the development of new biological parts and devices and high adoption of technologically advanced products. Asia-Pacific is expected to be the fastest growing segment during the forecast period.
Major Table of Contents:
Part 1. Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1.Secondary Research
1.2.2.Primary Research
Part 2. Executive Summary
2.1.Key Highlights
Part 3. Market Overview
3.1.Introduction
3.1.1.Market Definition
3.1.2.Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1.Drivers
3.3.1.1.Increasing Research and Development Related Expenditure by Biotechnology and Pharmaceutical Companies
3.3.1.2.Increase in the Production of Genetically Modified Crops
3.3.1.3.Rising Demand for Synthetic Genes
3.3.2.Restraints
3.3.2.1.Concerns Related to Biosafety and Biosecurity
3.3.3.Opportunities
3.3.3.1.Asia-Pacific Region Will Offer Lucrative Growth Opportunities due to Increasing Demand for High-Quality Nutrition and Economical Medicines
3.3.3.2.Increasing Demand for Protein Therapy Will Offer Growth Opportunities for the Global Market
Part 4. Synthetic Biology Market, By Product
4.1.Introduction
4.2.Synthetic Biology Market Assessment and Forecast, By Product, 2016-2025
4.3.Enabling Products
4.3.1.Market Assessment and Forecast, By Type, 2016-2025 ($Million)
4.3.2.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.3.Oligonucleotide Synthesis
4.3.3.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.4.DNA Synthesis
4.3.4.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
....
Part 5. Synthetic Biology Market, By Application
5.1.Introduction
5.2.Synthetic Biology MarketAssessment and Forecast, By Application 2016-2025
5.3.Agriculture
5.3.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.4.Chemicals
5.4.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.5.Biofuels
5.5.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.6.Healthcare
5.6.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.7.Others
5.7.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
…Read Full Table of Contents
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