Press release
Global Synthetic Biology Market Opportunities 2025 - Top Companies are Amyris, TeselaGenSyntrox Inc, DNA2.0, Evolva, DSM, Blue Heron, Twist biosciences
Synthetic biology from agriculture is expected to observe CAGR over 24% up to 2025. Necessity to improve the crop yield with limited and contaminated arable land will propel the synthetic biology applications in the agriculture sector. Rising food demand owing to rapidly increasing population coupled with favorable government policies will propel the demand for genetically modified transgenic crops fostering the industry expansion. Strong business outlook across various industries such as agriculture, healthcare, industrial chemicals, and energy will propel the synthetic biology market. Increasing R&D activities in collaboration with science, engineering, and technology to modify the living organisms through genetic and biological system manipulations will create new avenues for the industry participants. Further, increasing favorable government policies to boost biotechnology sector will create new avenues for industry participants.
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Europe is expected to exceed USD 18 billion by 2025. Rising demand for synthetic biology in agriculture due to a major change in climate and increasing pollution concern will boost regional growth. Increase in R&D expenditure in clinical research and the presence of a large number of pharmaceutical industries in the region will augment the market share. Increasing awareness among people, rising occurrence of chronic diseases and growth in demand for bio-based products will further proliferate the market development in the region.
Synthetic biology market is competitive in nature owing to the increasing R&D investment in the biotechnology sector by industry participants to gain market share. Amyris, TeselaGenSyntrox Inc, DNA2.0, Evolva, DSM, Blue Heron, Twist biosciences, Pareto Biotechnologies, Thermo Fischer Scientific, Editas Medicine, Inc., GenScript, Integrated DNA technologies, and Novozymes are the key notable players in the global market. Companies are expected to adopt collaboration strategy to carry out intensive R&D activities for new product development in line with business expansion plans.
Growing concern pertaining to global food security owing to the rising population increased waste during storage, production processes and import & export along with changing climate and environmental stress will boost the market for synthetic biology. Factors such as minimum use of chemical fertilizers for production, better quality food in terms of its nutritional value and better shelf life will augment the synthetic biology across agricultural applications.
Core products are expected to observe CAGR over 25% up to 2025. Increasing applications for synthetic organisms, genes and DNA parts in diagnostics and pharmaceutical product manufacturing will propel the industry expansion. Advancements in technology and reduced cost of DNA synthesis will provide lucrative opportunities for the manufacturers in the forecasted timeframe. Rising demand for improved drug and vaccines and growing applications in bioremediation will propel the industry growth.
Microfluidics is estimated to hold over 20% market share in 2018. Extensive use of the technology in pharmaceutical and clinical research institutions due to its application for treatment of cancer will foster the market share. Additionally, factors such as rise in demand for personalized medicine for the treatment of several diseases and growing need for efficient and high-speed diagnostic will propel the demand for synthetic biology market.
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Report Content
Chapter 1. Methodology and Scope
1.1. Research methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Synthetic biology market 360 degree synopsis, 2019 -2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Technology trends
2.1.4. Application trends
2.1.5. Regional trends
Chapter 3. Synthetic Biology Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Key manufacturers
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.5. Raw material analysis
3.6. Global biotechnology market overview
3.7. Regulatory landscape
3.7.1. North America
3.7.2. Europe
3.7.3. Asia Pacific
3.7.4. Latin America
3.7.5. MEA
3.8. Industry best practices & key buying criteria
3.9. Industry impact forces
3.9.1. Growth drivers, by region
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.9.2. Industry pitfalls & challenges
3.10. Innovation & sustainability
3.10.1. Environmental, social & financial
3.11. Growth potential analysis, 2018
3.12. Porter's analysis
3.13. Competitive landscape, 2018
3.13.1. Market share analysis, 2018
3.13.2. Key stakeholders
3.13.3. Strategy dashboard
3.14. PESTEL analysis
Chapter 4. Synthetic Biology Market, By Product
4.1. Synthetic biology market share by product, 2018 & 2025
4.2. Core Products
4.2.1. Market estimates and forecast, 2013 - 2025
4.2.2. Market estimates and forecast, by region, 2013 - 2025
4.3. Enabling Products
4.3.1. Market estimates and forecast, 2013 - 2025
4.3.2. Market estimates and forecast, by region, 2013 - 2025
4.4. Enabled Products
4.4.1. Market estimates and forecast, 2013 - 2025
4.4.2. Market estimates and forecast, by region, 2013 - 2025
Chapter 5. Synthetic Biology Market, By Technology
5.1. Synthetic biology market share by technology, 2018 & 2025
5.2. Nucleotide synthesis and sequencing
5.2.1. Market estimates and forecast, 2013 - 2025
5.2.2. Market estimates and forecast, by region, 2013 - 2025
5.3. Bioinformatics
5.3.1. Market estimates and forecast, 2013 - 2025
5.3.2. Market estimates and forecast, by region, 2013 - 2025
5.4. Microfluidics
5.4.1. Market estimates and forecast, 2013 - 2025
5.4.2. Market estimates and forecast, by region, 2013 - 2025
5.5. Genetic engineering
5.5.1. Market estimates and forecast, 2013 - 2025
5.5.2. Market estimates and forecast, by region, 2013 - 2025
Chapter 6. Synthetic Biology Market, By Application
6.1. Synthetic biology market share by application, 2018 & 2025
6.2. Pharmaceuticals and diagnostics
6.2.1. Market estimates and forecast, 2013 - 2025
6.2.2. Market estimates and forecast, by region, 2013 - 2025
6.3. Chemicals
6.3.1. Market estimates and forecast, 2013 - 2025
6.3.2. Market estimates and forecast, by region, 2013 - 2025
6.4. R&D
6.4.1. Market estimates and forecast, 2013 - 2025
6.4.2. Market estimates and forecast, by region, 2013 - 2025
6.5. Agriculture
6.5.1. Market estimates and forecast, 2013 - 2025
6.5.2. Market estimates and forecast, by region, 2013 - 2025
6.6. Energy
6.6.1. Market estimates and forecast, 2013 - 2025
6.6.2. Market estimates and forecast, by region, 2013 - 2025
Chapter 7. Synthetic Biology Market, By Region
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