Market Overview:
The global synthetic biology market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for synthetic biology products and services across various applications, such as medical, industrial, food and agriculture, and environmental applications. In addition, the growing focus on precision medicine is also contributing to the growth of this market. The global synthetic biology market can be segmented on the basis of type into gene synthesis, genome engineering, cloning and sequencing, next-generation sequencing (NGS), site-directed mutagenesis (SDM), measurement and modeling, microfluidics technology ,and nanotechnology . The NGS segment is expected to grow at a highest CAGR during the forecast period from 2018 to 2030. This can be attributed to its ability provide high throughput data generation that helps in deciphering complex genetic interactions. On the basis of application ,the global synthetic biology market can be divided into medical applications ,industrial applications food and agriculture sector environmental protection sector .Medical application helds largest share in 2017 due rising incidences chronic diseases which could treated using gene therapy or recombinant proteins produced through synbio processses .
Product Definition:
1. The definition of synthetic biology is the design and construction of novel artificial biological systems or devices, or the redesign of existing natural biological systems for useful purposes.
2. Synthetic biology is important because it can be used to create new organisms that can produce fuels, medicines, and other valuable products. It can also be used to improve crops and livestock, clean up polluted areas, and treat diseases.
Gene Synthesis:
Gene synthesis is the process of making DNA or RNA from Assemble Primer. Synthesis of gene is done by using DNA synthesizer, reverse transcriptase enzyme and PCR (polymerase chain reaction) technology. Gene synthesis helps in expanding genetic codes which makes it possible to create new genes for new functions. It also helps in studying and testing diseases like monogenic disease, where there is a mutation in one gene which can’t be cured with available treatments.
Genome Engineering:
Genome engineering is the process of editing and modifying a genome to introduce or remove desired genes, change their sequence, and improve their function. Genome engineering has been widely used in synthetic biology for developing new organisms with enhanced properties. Synthetic biology aims at creating novel biological systems that are not found in nature by using tools like genome editing technology.
Synthetic biology also uses genetic modification for producing useful products such as drugs, enzymes, industrial biotechnology products etc.
Application Insights:
Medical applications accounted for the largest share of over 50.0% in 2017 owing to the wide usage of synthetic biology techniques for research in various fields such as regenerative medicine, gene therapies, and cell-based therapy. The industrial application segment is expected to witness a significant growth rate during the forecast period on account of increasing use of these technologies in manufacturing biofuels and biochemicals.
Synthetic biology has numerous potential uses across multiple verticals including food & agriculture, environmental protection, energy generation & sustainability, medical treatment/enhancement (e.g., therapeutic proteins), human enhancement (e.g., designer drugs), and others (see below).
Regional Analysis:
Europe accounted for the largest share of global revenue in 2017. The European Commission has taken several initiatives to accelerate the development and application of synthetic biology across multiple sectors, including food and agriculture, energy production, pharmaceuticals, manufacturing processes, environmental applications and clinical diagnostics. Furthermore Synthetic Biology Europe (SBE) is a not-for-profit organization that provides a platform for industry professionals to network with policymakers in order to develop innovative solutions using synthetic biology approaches.
Asia Pacific is expected to be one of the fastest growing markets owing to increasing investments from private companies as well as public agencies such as Japan’s Ministry of Economy Trade & Industry (METI). In addition Asian countries are among those who have adopted GEEC recommendations onSynthetic Biology with alacrity; China has even proposed its own set of guidelines based on international standards while keeping local requirements in mind.
Growth Factors:
- Increasing demand for synthetic biology products in the pharmaceutical and biotechnology industries
- Growing investments by public and private organizations in synthetic biology research and development
- Rising number of collaborations between academic institutions, government agencies, and private companies to develop new applications for synthetic biology technology
- Proliferation of synthetic biology-based diagnostic tests and therapies 5. Development of novel biosensors that can be used for rapid detection of pathogens
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Biology Market Research Report
By Type
Gene Synthesis, Genome Engineering, Cloning and Sequencing, Next-Generation Sequencing, Site-Directed Mutagenesis, Measurement and Modeling, Microfluidics, Nanotechnology
By Application
Medical Applications, Industrial Applications, Food and Agriculture, Environmental Applications
By Companies
Thermo Fisher, Novozymes, Merck KGaA, Intrexon, Agilent, Amyris, Genscript Biotech, Ginkgo Bioworks, Integrated DNA, New England Biolabs, Thermo Fisher, Twist Bioscience
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Biology Market Report Segments:
The global Synthetic Biology market is segmented on the basis of:
Types
Gene Synthesis, Genome Engineering, Cloning and Sequencing, Next-Generation Sequencing, Site-Directed Mutagenesis, Measurement and Modeling, Microfluidics, Nanotechnology
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Applications, Industrial Applications, Food and Agriculture, Environmental Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher
- Novozymes
- Merck KGaA
- Intrexon
- Agilent
- Amyris
- Genscript Biotech
- Ginkgo Bioworks
- Integrated DNA
- New England Biolabs
- Thermo Fisher
- Twist Bioscience
Highlights of The Synthetic Biology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gene Synthesis
- Genome Engineering
- Cloning and Sequencing
- Next-Generation Sequencing
- Site-Directed Mutagenesis
- Measurement and Modeling
- Microfluidics
- Nanotechnology
- By Application:
- Medical Applications
- Industrial Applications
- Food and Agriculture
- Environmental Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Biology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic biology is the application of synthetic methods to biological systems. This can involve creating new or modified genes, proteins, and other biomolecules from scratch using molecular engineering techniques. It can also involve designing and constructing artificial cells and tissues from scratch, or modifying existing ones in order to carry out specific functions.
Some of the major companies in the synthetic biology market are Thermo Fisher, Novozymes, Merck KGaA, Intrexon, Agilent, Amyris, Genscript Biotech, Ginkgo Bioworks, Integrated DNA, New England Biolabs, Thermo Fisher, Twist Bioscience.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Biology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Synthetic Biology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Synthetic Biology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Synthetic Biology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Synthetic Biology Market Size & Forecast, 2020-2028
4.5.1 Synthetic Biology Market Size and Y-o-Y Growth
4.5.2 Synthetic Biology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gene Synthesis
5.2.2 Genome Engineering
5.2.3 Cloning and Sequencing
5.2.4 Next-Generation Sequencing
5.2.5 Site-Directed Mutagenesis
5.2.6 Measurement and Modeling
5.2.7 Microfluidics
5.2.8 Nanotechnology
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Applications
6.2.2 Industrial Applications
6.2.3 Food and Agriculture
6.2.4 Environmental Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Biology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Biology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gene Synthesis
9.6.2 Genome Engineering
9.6.3 Cloning and Sequencing
9.6.4 Next-Generation Sequencing
9.6.5 Site-Directed Mutagenesis
9.6.6 Measurement and Modeling
9.6.7 Microfluidics
9.6.8 Nanotechnology
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Applications
9.10.2 Industrial Applications
9.10.3 Food and Agriculture
9.10.4 Environmental Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gene Synthesis
10.6.2 Genome Engineering
10.6.3 Cloning and Sequencing
10.6.4 Next-Generation Sequencing
10.6.5 Site-Directed Mutagenesis
10.6.6 Measurement and Modeling
10.6.7 Microfluidics
10.6.8 Nanotechnology
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Applications
10.10.2 Industrial Applications
10.10.3 Food and Agriculture
10.10.4 Environmental Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gene Synthesis
11.6.2 Genome Engineering
11.6.3 Cloning and Sequencing
11.6.4 Next-Generation Sequencing
11.6.5 Site-Directed Mutagenesis
11.6.6 Measurement and Modeling
11.6.7 Microfluidics
11.6.8 Nanotechnology
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Applications
11.10.2 Industrial Applications
11.10.3 Food and Agriculture
11.10.4 Environmental Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gene Synthesis
12.6.2 Genome Engineering
12.6.3 Cloning and Sequencing
12.6.4 Next-Generation Sequencing
12.6.5 Site-Directed Mutagenesis
12.6.6 Measurement and Modeling
12.6.7 Microfluidics
12.6.8 Nanotechnology
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Applications
12.10.2 Industrial Applications
12.10.3 Food and Agriculture
12.10.4 Environmental Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gene Synthesis
13.6.2 Genome Engineering
13.6.3 Cloning and Sequencing
13.6.4 Next-Generation Sequencing
13.6.5 Site-Directed Mutagenesis
13.6.6 Measurement and Modeling
13.6.7 Microfluidics
13.6.8 Nanotechnology
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Applications
13.10.2 Industrial Applications
13.10.3 Food and Agriculture
13.10.4 Environmental Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synthetic Biology Market: Competitive Dashboard
14.2 Global Synthetic Biology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher
14.3.2 Novozymes
14.3.3 Merck KGaA
14.3.4 Intrexon
14.3.5 Agilent
14.3.6 Amyris
14.3.7 Genscript Biotech
14.3.8 Ginkgo Bioworks
14.3.9 Integrated DNA
14.3.10 New England Biolabs
14.3.11 Thermo Fisher
14.3.12 Twist Bioscience
