Synthetic Biology Market Outlook with Expected 28.2% CAGR 2018 – 2025 | Global Key Players –ThermoFisher Scientific Inc., Merck KGaA, Novozymes, Agilent Technologies, Amyris, GenScript
The synthetic biology market is estimated to grow at a CAGR of 28.2% during the forecast period from 2018 to 2025. The market for synthetic biology is estimated to reach US$ 56,044.9 Mn in 2025.
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Synthetic biology, an interdisciplinary branch of biology and engineering, involves designing and constructing new devices, systems and biological parts as well as re-designing existing, natural biological systems. It has various application in the field of food & agriculture, medicine, and other areas. Technologies such as, gene synthesis, genome engineering and cloning and sequencing help the researchers to understand organization of natural biological systems and design new biological entities offering various advantages to humans.
Leading Synthetic Biology Market Players:
1. Thermo Fisher Scientific Inc.
2. Merck KGaA
4. Agilent Technologies
7. Integrated DNA Technologies, Inc.
8. Twist Bioscience
9. New England Biolabs
10. Synthetic Genomics Inc.
In North America, the market is driven by an increasing investment by government organizations and institutes such as Department of Energy, the National Science Foundation (NSF), Department Of Defense (DoD), the National Institutes of Health (NIH), and the US Department of Agriculture (USDA). While, Asia Pacific is the fastest growing market driven increasing investment by private sector companies such as Evolva Biotech Pvt. Ltd and increasing demand for synthetic biology technologies of industrial and medical applications.
Worldwide Synthetic Biology Market Analysis to 2025 is a specialized and in-depth study of the Synthetic Biology industry with a focus on the global market trend. The report aims to provide an overview of global Synthetic Biology Market with detailed market segmentation by product/application and geography. The global Synthetic Biology Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Synthetic Biology Market based on product and application. It also provides market size and forecast till 2025 for overall Synthetic Biology Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Synthetic Biology Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Synthetic Biology Market
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- The key findings and recommendations highlight crucial progressive industry trends in the Synthetic Biology Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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