Synthetic Biology Market size was valued at US$ 11.66 Bn. in 2022 and the total Synthetic Biology revenue is expected to grow by 25.4% from 2022 to 2029, reaching nearly US$ 56.86 Bn.
Synthetic Biology Market Scope :
The Synthetic Biology Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Synthetic Biology market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Synthetic Biology market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.
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Synthetic Biology Market Overview :
Maximize Market Research, a leading business consultancy has published a research report on the Synthetic Biology market. The report showcases the global growth of the Synthetic Biology market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.
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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
During the projection period, the segment for genome engineering is anticipated to expand at a CAGR of 5.8%. According to synthetic genomics, DNA serves as a cell's “causal engine.” Starting with a whole genome, top-down synthetic genomics systematically removes “non-essential” genes to shrink the genome to the minimum size at which the cell can function normally. A streamlined “chassis” to which modular DNA “components” can be added is the main goal. Bottom-up synthetic genomics makes an effort to assemble whole genomes from artificial DNA fragments.
by Application
• Pharmaceuticals & Drug Discovery
• Artificial Tissue and Tissue Regeneration
• Industrial
• Food & Agriculture
• Environmental
The environmental market is anticipated to expand at a 6.1% CAGR over the forecast period. Environmental applications are a subfield of synthetic biology research that primarily involves the release of organisms created through synthetic biology procedures outside of the laboratory into the environment or their controlled use. In order to enhance mining metal recovery and acid mine drainage bioremediation, scientists anticipate using engineered microbial consortia, supported in part by synthetic biology technology. Synthetic biology techniques are being applied to the development of whole-cell biosensors that can identify a target, such as arsenic in drinking water.
by Product
• Core Products
• Enabling Products
• Enabled Products
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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Regional Analysis
The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.
Key Questions Answered in the Synthetic Biology Market Market Report:
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What is the definition of the Synthetic Biology Market?
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What is the forecast period for the Synthetic Biology Market?
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What is the competitive landscape of the Synthetic Biology Market?
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Which region holds the largest market share in the Synthetic Biology Market?
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What are the opportunities for the Synthetic Biology Market?
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What factors are influencing the growth of the Synthetic Biology Market?
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Who are the key players in the Synthetic Biology Market?
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Which company holds the largest share in the Synthetic Biology Market?
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What will be the compound annual growth rate (CAGR) of the Synthetic Biology Market during the forecast period?
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What key trends are expected to emerge in the Synthetic Biology Market in the coming years?
Key Offerings:
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Market Share, Size, and Revenue Forecast | 2022-2029
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Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
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Market Segmentation: Detailed analysis by Synthetic Biology Market
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Landscape: Leading key players and other prominent participants
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