Exclusive Market Study Estimates that Synthetic Biology Market will grow at 20.0% CAGR during 2019 – 2024 | Amyris, Genscript, Intrexon, Novozymes A/S, Synthetic Genomics, Thermo Fisher Scientific
Overview of the Global Synthetic Biology Market:
The report spread across 115 pages is an overview of the Global Synthetic Biology Market. These report study based on the Synthetic Biology Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global Synthetic Biology Market has witnessed a CAGR of nearly 20.0%. Some of the major key factors propelling the growth of the Global Synthetic Biology Market are increasing support from the government and private institutions, increasing R&D investments in drug discovery, and the development and declining cost of DNA sequencing and synthesizing.
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The increasing involvement of government bodies, research institutes, and large-scale organizations in synthetic biology research activities is likely to support the market over the next few years. The governments of various nations have been providing support for research on synthetic biology, due to its wide applications. There has been a lot of research studies and projects, running in various countries with respect to synthetic biology that have tried to tap various complexities in the genomes of organisms, and hence, have helped in creating more effective and efficient therapies to treat them.
Genome Engineering is expected to hold the Highest Market Share in the Technology Segment; Genome engineering has appeared as the most prominent technology utilized in synthetic biotechnology. The researchers expect this technology to continue to lead over the forthcoming years. In addition, other factors, such as advances in CRISPR-toolbox and DNA synthesis technologies, the need for rapid, cheap, multiplex modification of genomes, and ongoing research activities are expected to drive the growth of the genome engineering market during the forecast period.
Geographically, North America is estimated to account for the largest share in the Synthetic Biology Market due to factors, such as the increasing demand for bio-based products, increased investments in synthetic biology companies, and rising R&D funding for synthetic biology. The increasing support from the government and private institutions and increasing R&D investments in drug discovery and development are also major growth factors expected to drive the market during the forecast period.
This comprehensive Synthetic Biology Market research report 2019 – 2024 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analysis the market size, industry share, growth, key segments, CAGR and key drivers.
Major Key Players:
1 Amyris Inc.
2 E. I. Du Pont De Nemours and Company
4 Integrated DNA Technologies Inc.
5 Intrexon Corporation
6 New England Biolabs Inc.
7 Novozymes A/S
8 Koninklijke DSM N.V.
9 Synthetic Genomics Inc.
10 Thermo Fisher Scientific Inc. and More…………….
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Table of Contents:
2 Global Synthetic Biology Market Research Methodology
3 Executive Summary
4 Global Synthetic Biology Market Dynamics
5 Global Synthetic Biology Market Segmentation
6 Competitive Landscape
7 Global Synthetic Biology Market Opportunities and Future Trends
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