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Synthetic Biology Market to 2025 – Global Analysis and Forecasts

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Report Description:

The global synthetic biology market has been segmented, based on different parameters such as product, technology and application and geographical regions. The products considered in the study are enzymes, oligonucleotides, chassis organisms and xeno-nucleic acids. The technology of synthetic biology covered in the report include gene synthesis, genome engineering, measurement & modeling, cloning & sequencing, nanotechnology, and others. The application of synthetic biology covered in the report include industrial applications, food & agriculture, medical applications, environmental applications, and others. The market is further examined by evaluating the market on basis of five strategic regions worldwide as North America, Europe, Asia Pacific, Middle East and Africa, and South America.

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  The List of companies covered in this Reports are

1.Thermo Fisher Scientific Inc
2. Merck KGaA
3. Novozymes
4. Agilent Technologies
5. Amyris
6. GenScript
7. Integrated DNA Technologies, Inc
8. Twist Bioscience
9. New England Biolabs
10. Synthetic Genomics Inc

North America acquired the largest market share owing to presence of large number of startups in the US and huge investments made by the major players in the market. Synthetic biology has gained grounds in North America with rising awareness on applications of synthetic biology, and its technological advancements in the field of genomics. Synthetic biology products are widely used in research and academic institutes which further stimulates the growth of the market in this region.

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In Asia Pacific, India, China and Japan are the largest contributors for the market growth. The market is driven by growing expenditure on R&D, increase in science and technology publications & patents, and government initiatives by countries such as China for the development of biotechnology industry. For instance, in November 2017, China has launched the first synthetic biology association to support the growth of the market. This association promotes academic research and in the field of synthetic biology and strengthens relationship between entrepreneurs and scientists in Shenzhen, China. Additionally, development of innovative solutions by market players is further expected to stimulate the progress of the market in this region during the forecast period.

The major players operating in the market of synthetic biology market include ThermoFisher Scientific Inc., Merck KGaA, Novozymes, Agilent Technologies, Amyris, GenScript, Integrated DNA Technologies, Inc., Twist Bioscience, New England Biolabs, and Synthetic Genomics Inc. among others.

 

The objectives of this report are as follows:

Global Synthetic Biology Market – By Product

Global Synthetic Biology Market – By Technology

Global Synthetic Biology Market – By Application

Global Synthetic Biology Market – By Geography

 

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