Press release
Synthetic Biology Market to reach USD 56.86 Bn by 2029, emerging at a CAGR of 25.4 percent and forecast 2023-2029
Synthetic Biology Market
Maximizing Market Research Pvt Ltd introduces an in-depth Synthetic Biology market report, meticulously analyzing various segments based on Tool, Technology, Application, and Region. The report empowers users with valuable insights, historical data, and statistically supported industry-validated statistics. Employing a robust methodology, the report offers a comprehensive view of market dynamics, driving forces, restraints, and regional perspectives.
Utilizing a bottom-up approach, the market size is estimated, with key players identified through meticulous secondary research. Primary research involves interviews with industry experts, opinion leaders, and frontline personnel. Major players in the global Synthetic Biology market include Thermo Fisher Scientific, Merck KGaA, Agilent Technologies, Inc., and Novozymes A/S, actively engaging in strategies such as mergers, acquisitions, alliances, and partnerships.
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Synthetic Biology Market Dynamics:
The report identifies increased funding for research and development in synthetic biology, with pharmaceutical companies experiencing a surge in investment for innovative drug discovery. Notably, the United States has seen substantial growth in synthetic biology research funding, particularly from the Defense Department.
Ethical and biosafety concerns pose potential hurdles for market growth. The recent emphasis on biosafety, accentuated by the COVID-19 pandemic, brings attention to the intentional or unintentional introduction of synthetic organisms into the environment, raising ecological risks and biosafety issues.
Synthetic Biology Market Regional Insights:
In 2021, North America dominated the market with a 40% share, driven by increased investments, favorable regulations, and government support. The United States, in particular, stands out for its focus on research in proteomics, genomic structure prediction, and medication development, fostering the growth of the synthetic biology industry.
Synthetic biology's potential economic transformations, both positive and negative, are explored in the report. The technology's impact on a global "bioeconomy" and its potential role in developing nations' economies are areas of keen interest.
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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
by Product
• Core Products
• Enabling Products
• Enabled Products
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Synthetic Biology Market Key Players:
• 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 the Synthetic Biology Market includes:
1. Global Synthetic Biology Market: Research Methodology
2. Global Synthetic Biology Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. 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
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a 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
Contact Maximize Market Research:
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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