The global synthetic biology market size reached USD 10.35 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period, according to latest analysis by Emergen Research. Rising research and development activities in this field of synthetic biology, growing application of synthetic biology including living biotherapeutics, multiplexed diagnostics, and third-generation biorefineries as well rising investments towards synthetic biology start-ups developing tools and services are some of the key factors driving the revenue growth of the synthetic biology market.

When accessing the major driving forces shaping the progress of the Synthetic Biology industry the researchers also focus on the growth of the customer base in various emerging regions. Advantages offered by the products such as improved shelf life as well as durability and how they are impacting the development of the industry are also assessed during the research. While examining the major restricting factors researchers make an attempt to analyse the strict environmental regulations affecting the market.

 

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Key companies operating in the Synthetic Biology market include:

Amyris, Inc., Ginkgo Bioworks, Novozymes AG, Synbio Technologies, Evonetix Ltd., Calyxt, Inc., Codex DNA, Inc., GenScript Corporation., Twist Biosciences, and Eurofins Scientific, Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Synthetic Biology market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Synthetic Biology Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Synthetic Biology Market Segmentation:

  • Product Type Outlook (Revenue, USD Billion; 2019-2030)

    • Synthetic DNA and Oligonucleotides
    • Enzymes
    • Synthetic Cells
    • Chassis Organisms
    • Xeno-nucleic acids
    • Others

  • Technology Outlook (Revenue, USD Billion; 2019-2030)

    • Gene Synthesis
    • Site-directed Mutagenesis
    • Cloning
    • Bioinformatics
    • Nucleotide Sequencing
    • Microfluidics
    • Others

  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Medical & Healthcare
    • Tissue Regeneration
    • Environment & Agriculture
    • Bioprocess Technology
    • Others

 

Synthetic Biology Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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