Synthetic Biology Market Size 2019: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2027
Category: #business  By Partha Ray  Date: 2019-09-11
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Synthetic Biology Market Size 2019: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2027 The 'Synthetic Biology market' research report added by Market Study Report, LLC, is an in-depth analysis of the latest trends persuading the business outlook. The report also offers a concise summary of statistics, market valuation, and profit forecast, along with elucidating paradigms of the evolving competitive environment and business strategies enforced by the behemoths of this industry.

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In our study, we have segmented the synthetic biology market by product, technology and application. On the basis of product, the market is segmented into enzymes, oligonucleotides, chassis organisms and xeno-nucleic acids. Enzymes acquired the largest market due to increasing applications of enzymes in industries, medical, food and agriculture. Additionally, enzymes are produced from the microbial sources that are used for industrial and commercial use On the basis of technology, the market is segmented into gene synthesis, genome engineering, measurement and modeling, cloning and sequencing, nanotechnology, and others. In 2017, gene synthesis held the largest market share among the technologies. On the basis of application, global synthetic biology market is segmented into industrial applications, food and agriculture, medical applications, environmental applications, and others.

The synthetic biology market is estimated to account for US$ 56,044.9 Mn by the end of 2025, escalating at a CAGR of 28.2% during the forecast period from 2018 to 2025, rising from US$ 8,244.8 Mn in 2017.

Further in the Synthetic Biology Market research reports, following points are included along with in-depth study of each point:

Production Analysis – Production of the Synthetic Biology is analyzed with respect to different regions, types and applications. Here, price analysis of various Synthetic Biology Market key players is also covered.

Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Synthetic Biology Market. Another major aspect, price, which plays important part in the revenue generation, is also assessed in this section for the various regions.

Supply and Consumption – In continuation with sales, this section studies supply and consumption for the Synthetic Biology Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

Competitors – In this section, various Synthetic Biology industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue. 

Other analyses – Apart from the aforementioned information, trade and distribution analysis for the Synthetic Biology Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

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Increasing number of synthetic biology startup companies in developed regions such as, North America and Europe, and growing awareness about wide range of applications of synthetic biology are the major factors contributing to the growth of the market. Additionally, the growth is also governed by new product launches, partnerships, product approvals and collaborations by key players in the market. Additionally, the industry has attracted investments from various global leaders. For instance, synthetic biology company Zymergen has have received US$44 million funds in the year 2015, from investors such as Transcript, AME Cloud Ventures, Data Collective, Draper Fisher Jurvetson, HVF, Innovation Endeavors, Obvious ventures, True Ventures and Two Sigma Ventures. In addition, in the year 2016, Zymergen has raised US$130 million in Series B funding which was led by SoftBank Group.

North America is the largest market for synthetic biology across the globe whose growth in mainly driven by increasing focus on synthetic biology technologies such as gene synthesis and genome editing. Additionally, growing investments by the major companies and technological advancements in the field of genomics, and higher acceptance by the consumers also contribute to the growth of the market in North America. While, Asia Pacific is expected to exhibit fastest growth with China being the largest market followed by Japan and India. In China, the growth of the market is attributed to an increasing number of initiatives in synthetic biology such as launch of synthetic biology association and rising awareness about genome engineering and research and development.

The market for synthetic biology consists of well-recognized organizations as well as emerging companies namely; ThermoFisher Scientific Inc., Merck KGaA, Novozymes, Agilent Technologies, Amyris, GenScript, Integrated DNA Technologies, Inc., Twist Bioscience, New England Biolabs, Synthetic Genomics Inc. and others.

TABLE OF CONTENTS

1. INTRODUCTION 17
1.1 SCOPE OF THE STUDY 17
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 17
2. GLOBAL SYNTHETIC BIOLOGY MARKET - KEY TAKEAWAYS 18
3. GLOBAL SYNTHETIC BIOLOGY MARKET - MARKET LANDSCAPE 21
3.1 OVERVIEW 21
3.2 MARKET SEGMENTATION 21
3.3 GLOBAL SYNTHETIC BIOLOGY MARKET - BY PRODUCT 22
3.4 GLOBAL SYNTHETIC BIOLOGY MARKET - BY TECHNOLOGY 22
3.5 GLOBAL SYNTHETIC BIOLOGY MARKET - BY APPLICATION 23
3.6 GLOBAL SYNTHETIC BIOLOGY MARKET - BY GEOGRAPHY 23
3.7 PEST ANALYSIS 24
3.7.1 North America - PEST Analysis 24
3.7.2 Europe - PEST Analysis 26
3.7.3 Asia Pacific - PEST Analysis 28
3.7.4 Middle East & Africa - PEST Analysis 30
3.7.5 South & Central America - PEST Analysis 32
4. GLOBAL SYNTHETIC BIOLOGY MARKET - KEY MARKET DYNAMICS 34
4.1 KEY MARKET DRIVERS 34
4.1.1 Increasing Investments for Synthetic Biology 34
4.1.2 Technological Advancements 34
4.1.3 Rising Numbers of Start-up Companies 35
4.2 KEY MARKET RESTRAINTS 35
4.2.1 Renewed Regulations for Biotechnology 35
4.3 KEY MARKET OPPORTUNITIES 36
4.3.1 Company initiatives in Synthetic Biology Market 36
4.4 FUTURE TRENDS 36
4.4.1 Advanced Synthetic Biology 36
4.5 IMPACT ANALYSIS 37
5. GLOBAL SYNTHETIC BIOLOGY MARKET - GLOBAL 38
5.1 GLOBAL SYNTHETIC BIOLOGY MARKET REVENUE FORECASTS AND ANALYSIS 38
5.2 GLOBAL SYNTHETIC BIOLOGY MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 39
5.3 MARKET POSITIONING 40
5.4 PERFORMANCE OF KEY PLAYERS 40
5.4.1 Merck KGaA 40
5.4.2 ThermoFisher Scientific Inc. 41
5.5 CLINICAL TRIALS ANALYSIS 41
5.5.1 Phase I Clinical Trails 42
5.5.2 Phase II Clinical Trails 43
5.6 EXPERT OPINIONS 43
6. GLOBAL SYNTHETIC BIOLOGY MARKET ANALYSIS- BY PRODUCT 44
6.1 OVERVIEW 44
6.2 ENZYMES 44
6.2.1 Overview 44
6.2.2 Global Enzymes Market Revenue and Forecasts to 2025 (US$ Mn) 45
6.3 OLIGONUCLEOTIDES 46
6.3.1 Overview 46
6.3.2 Global Oligonucleotides Market Revenue and Forecasts to 2025 (US$ Mn) 46
6.4 CHASSIS ORGANISMS 47
6.4.1 Overview 47
6.4.2 Global Chassis Organisms Market Revenue and Forecasts to 2025 (US$ Mn) 47
6.5 XENO-NUCLEIC ACIDS 48
6.5.1 Overview 48
6.5.2 Global Xeno-nucleic acids Market Revenue and Forecasts to 2025 (US$ Mn) 48

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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