Indian Synthetic Biology Market Growth, Size, Share, Industry Report and Forecast 2019-2025

The Indian synthetic biology market is anticipated to grow at a CAGR of more than 32.0% during the forecast period. The major factor that is contributing to the favor of the Indian synthetic biology market is that it is one of the fastest-growing economies across the globe. The potential of India in the field of Biotechnology and Synthetic biology is still untapped. It is due to the lack of awareness. As an instance, MIT’s International Genetically Engineered Machines Competition (iGEM) is an event targeted for undergraduate students started in 2005. The first team participated in the competition in 2006 and four teams participated in 2011. Compared to this, China has increased its team from zero to 20. It represents the regressive policy of China in the field of biotechnology. Lack of awareness between the researchers and government can shift the market of India to China, hence there is a need to increase awareness regarding biotechnology and synthetic biology in the country.

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The Indian synthetic biology market is segmented on the basis of product, technology, and applications. Based on the product, the market is segmented into enabling products, core products, and enabled products. Core product includes synthetic genes, synthetic cells, synthetic DNA, chassis organisms and Xeno Nucleic Acid (XNA), and are expected to hold a significant share in the market owing to extensive use of core products in R&D. Based on technology, the market is segmented into, and gene synthesis & sequencing, genome engineering, bioinformatics, and others. Based on application, the market is segmented into medical applications, industrial applications, food & agriculture, and environmental applications.

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Indian Synthetic Biology Market Segmentation

By Product

• Enabling Product
• Core Product
• Enabled Product

By Technology

• Gene Synthesis & Sequencing
• Genome Engineering
• Bioinformatics
• Others

By Application

• Medical Application
• Industrial Application
• Food & Agriculture
• Environmental Application

Company Profiles

• Algenol
• Amyris, Inc.
• Butamax Advanced Biofuels LLC
• Codexis, Inc.
• DNA TwoPointO, Inc. (ATUM)
• E. I. du Pont de Nemours and Co.
• Editas Medicine, Inc.
• Genewiz, Inc.
• GenScript Biotech Corp.
• Intellia Therapeutics, Inc.
• Integrated DNA Technologies, Inc.
• Merck KGaA
• OriGene Technologies, Inc.
• Synthetic Genomics, Inc.
• Synthorx, Inc.
• Thermo Fisher Scientific, Inc.
• Twist Bioscience Corp.
• Vedanta Biosciences, Inc.

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