Synthetic Biology Market

synthetic biology market size is projected to reach USD 30.7 billion by 2026 from USD 9.5 billion in 2021, at a CAGR of 26.5%


johnny andrew

9 months ago | 2 min read

According to the MarketsandMarkets, the Global SyntheticBiology Market size is estimated to grow at a CAGR of 26.5% by 2026.

Market Definition

Synthetic biology is an environmentally benign technologythat has gained appeal for hazardous clean-up projects including syntheticmicrobes to digest refractory substances such as dioxins, insecticides, andeven radioactive materials.

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Top Key Playersare covered in this report:

Key players in the synthetic biology market are ThermoFisher Scientific, Inc. (US), Merck KGaA (Germany), Agilent Technologies (US),Novozymes (Denmark), Ginkgo Bioworks (US), Amyris (US), Precigen, Inc. (US),GenScript (China), Twist Bioscience (US), Synthetic Genomics (US), Codexis(US), Synthego (US), Creative Enzymes (US), and Eurofins Scientific(Luxembourg).

The report divides the Synthetic Biology market byapplication. By region, by type, and by end user. Each segment of the market isexamined broadly to deliver trustworthy knowledge for market investments. The SyntheticBiology research report reveals the current market norms, latest importantrevolutions of outcomes, and market players. Hence, this research report willhelp the customers in the global market plan their next future towards theenvironment of the markets future.

It additionally discusses about the market size and growthparts of different Segments. Studying and analyzing the impact of CoronavirusCOVID-19 on the Synthetic Biology industry, the report gives an in-depthanalysis and expert suggestions on how to face the post COIVD-19 period. Thismarket research study presents actionable market insights with whichenvironmental and profitable business approaches can be created.

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Regional Assessment: Global Synthetic Biology Market

North America accounted for the largestshare in market, followed by Europe and the Asia Pacific. The dominance isattributed to various factors such as the increase in the number ofwell-established synthetic biology companies and research institutes in the USand Canada.

This report categorizes the synthetic biology market into thefollowing segments and subsegments:

Synthetic Biology Market, by Tool

  • Oligonucleotides and Synthetic DNA
  • Enzymes
  • Cloning Technologies Kits
  • Synthetic Cells
  • Chassis Organisms
  • Xeno-nucleic Acids

Synthetic Biology Market, by Technology

  • Gene Synthesis
  • Genome Engineering
  • Sequencing
  • Bioinformatics
  • Site-directed Mutagenesis
  • Cloning
  • Measurement and Modeling
  • Microfluidics
  • Nanotechnology

Synthetic Biology Market, by Application

  • Medical Application
  • Artificial Tissue and Tissue Regeneration
  • Industrial Applications
  • Food & Agriculture
  • Environmental Applications

What Information does this report contain? 

Historicaldata coverage: 2017to 2021; Growth Projections: 2026. 

Expertanalysis: industry,governing, innovation and technological trends; factors impacting development;drawbacks, SWOT. 

6-7year performance forecasts: major segments covering applications, top products and geographies. 

Competitivelandscape reporting: marketleaders and important players, competencies and capacities of these companiesin terms of production as well as sustainability and prospects.

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