Synthetic Biology Market size was valued at US$ 9.3 Bn. in 2021 and the total Synthetic Biology revenue is expected to grow by 25.4% from 2022 to 2029, reaching nearly US$ 56.87 Bn.
Synthetic Biology Market Overview:
The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current Synthetic Biology Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date Synthetic Biology Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the Synthetic Biology market size and share as well as a wide range of industrial verticals.
Synthetic Biology Market Scope:
This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Synthetic Biology market. The study also identified important impending changes that will have an impact on demand over the forecast period.
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Synthetic Biology Market Segmentation:
The genome engineering market is anticipated to expand at a CAGR of 5.8% over the course of the projection period, according to Technology. DNA is viewed by synthetic genomics as the "causal engine" of the organism. Top-down synthetic genomics starts with a complete genome, from which researchers gradually delete "non-essential" genes to reduce the genome size to the smallest feasible size at which the cell can function normally. A streamlined "chassis" to which modular DNA "components" can be affixed is the main goal. Bottom-up synthetic genomics makes an effort to assemble complete genomes from artificial DNA segments. Currently, due to the numerous DNA sequences that are needed but whose roles are unknown, natural genomes are needed as models. The aim of synthetic metabolic pathway engineering is to remodel or reconstruct metabolic processes that enable the "cell factory" to produce a particular chemical. Traditional genetic engineering techniques may be used to increase the desired output after a synthetic route is added to the cell (typically based on naturally occurring DNA sequences that have been computer "optimized").
Synthetic Biology Market Key players:
• 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)
Regional Analysis:
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Synthetic Biology market growth in different nations.
The Synthetic Biology market research has been divided into various important regions, as follows:
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Mar 07, 2023