Press release
Synthetic Biology :- Strategic Developments & Key Insights
The synthetic biology market size is projected to reach US$ 66.4 billion by 2031 from US$ 15.1 billion in 2023. The market is expected to register a CAGR of 20.3% during 2023-2031. Advanced synthetic biology is likely to remain a key trend in the market.Synthetic biology is an emerging concept with numerous applications in the chemicals, agriculture, pharmaceuticals, and energy industries. Various start-ups offer solutions for complex microbial systems. For example, US-based startup Asimov offers a genetic design platform for mammalian synthetic biology.
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Market leaders and key company profiles
THERMO FISHER SCIENTIFIC INC
Agilent Technologies, Inc.
MERCK KGaA
New England Biolabs
Integrated DNA Technologies
Twist Bioscience
GenScript Biotech Corporation
Novozymes A/S
Codexis
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Contact Person: Ankit Mathur
Sr. Vice President - Research
Phone: +1-646-491-9876
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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