Press release
Synthetic Biology Market expected to hit USD 56.87 Bn by 2029 during the forecast period at a CAGR of 25.4 percent
Synthetic Biology Market
Synthetic Biology Market Scope and Research Methodology
The Synthetic Biology Market report includes information on the current trend and future growth prospects of the market as well as key opportunities and drivers impacting market growth. The Synthetic Biology Market report provides analysis through segments such as tool, technology and application along with their multiple sub-segments. The Synthetic Biology Market report provides a detailed analysis of the competitive landscape of the market, including the market share and revenue of key players in the industry. The Synthetic Biology Market report includes collaborations, mergers and acquisitions by major key players. The Synthetic Biology Market report provides a detailed analysis of the market through revenue, gross income, pricing analysis and market penetration of the product. The bottom-up approach is used to estimate the size of the Synthetic Biology Market by value. Primary and secondary research methods were used to collect the Synthetic Biology Market data. Collected data is further analysed by SWOT and PORTER's five force model which includes drivers, restraints, opportunities and regional insights.
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Synthetic Biology Market Dynamics
The Synthetic Biology Market is being driven by increasing demand for renewable energy sources, advancements in genetic engineering and gene synthesis technologies, and rising investments in research and development activities. Synthetic biology has significant potential to address major global challenges such as healthcare, food security, and environmental sustainability. Moreover, the increasing prevalence of chronic diseases and the need for personalized medicine is expected to boost the demand for synthetic biology-based products in the healthcare sector. The development of innovative and cost-effective synthetic biology solutions is expected to accelerate the growth of the Synthetic Biology Market. The growing adoption of synthetic biology technologies in industries such as chemicals, agriculture and biopharmaceuticals is expected to drive Synthetic Biology Market growth over the forecast period.
Synthetic Biology Market Regional Insights
North America is the biggest shareholder in the Synthetic Biology Market with 40 percent in 2021. Increased investment in the development of synthetic biological products, favorable laws, and government backing has been driving the North America Synthetic Biology Market. The United States places a high value on research in the disciplines of proteomics, genomic structure prediction and medication development which benefits the Synthetic Biology Market.
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Synthetic Biology Market Segmentation
By Tool:
Oligonucleotides and Synthetic DNA
Enzymes
Cloning Technologies Kits
Synthetic Cells
Chassis Organisms
Xeno-nucleic Acids
By Technology:
Gene Synthesis
Genome Engineering
Sequencing
Bioinformatics
Site-directed Mutagenesis
Cloning
Measurement and Modeling
Microfluidics
Nanotechnology
By Application:
Pharmaceuticals & Drug Discovery
Artificial Tissue and Tissue Regeneration
Industrial
Food & Agriculture
Environmental
Synthetic Biology Market Key Players Include:
Thermo Fisher Scientific (US)
Ginkgo Bioworks (US)
Amyris (US)
Precigen (US)
Agilent Technologies, Inc. (US)
GenScript Biotech Corporation (US)
Twist Bioscience (US)
Synthetic Genomics (US)
Codexis (US)
Synthego (US)
Cyrus Biotechnology (US)
ATUM US)
TeselaGen (US)
Arzeda (US)
Integrated DNA Technologies (US)
New England Biolabs (US)
Genomatica (US)
Illumina (US)
Scarab Genomics (US)
Creative Enzymes (US)
ElevateBio (US)
Gadusol Laboratories (US)
Merck KGaA (Germany)
Biomax Informatics AG (Germany)
Bit Bio Ltd. (UK)
Ingenza Ltd (UK)
LGC Limited (UK)
SybiCITE (UK)
Novozymes A/S (Denmark)
Eurofins Scientific (Luxembourg)
Royal DSM (Netherlands)
Novartis Pharma AG (Switzerland)
SilicoLife (Portugal)
GeneWorks Pty Ltd. (Australia)
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Table of Content for Global Synthetic Biology Market:
Global Synthetic Biology Market: Research Methodology
Global Synthetic Biology Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Synthetic Biology Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Synthetic Biology Market Segmentation
Global Market, by Tool (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Regional Synthetic Biology Market (2021-2029)
Regional Market, by Tool (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Tool, Technology and Application
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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