(PharmaNewsWire.Com, July 02, 2018 ) Synthetic biology involves conjunction of advances in the biology, computer science, chemistry, and engineering for faster & cheaper production, and operates in the precise manner. The synthetic biology reforms & constructs the biological components and systems that does not naturally exist in the world.
Various applications of synthetic biology and growing demand for synthetic genes & synthetic cells are the major drivers which are likely to propel the synthetic biology market. Increasing concerns regarding the fuel consumption and growing demand for protein therapeutics are likely to add new opportunities for this market in the coming years.
The “Global Synthetic Biology Market Analysis to 2025” is a specialized and in-depth study of the synthetic biology industry with a focus on the global market trend. The report aims to provide an overview of global synthetic biology market with detailed market segmentation by product, technology, application, and geography. The global synthetic biology market is expected to eyewitness growth in the forecast period. The report provides key statistics on the market status of the important market players and offers key trends and opportunities in the market.
The synthetic biology market is segmented based on products which is further segmented into the enzymes, chassis organisms, oligonucleotides, and xeno-nucleic acids. The synthetic biology market by technology is categorized into measurement & modeling, cloning & sequencing, gene synthesis, and nanotechnology. Based on the application, the market can be segmented into medical applications, industrial applications, food and agriculture, and environmental applications.
The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global synthetic biology market based on products, technology, and applications. It also provides market size and forecast till 2025 for overall in synthetic biology market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America region is expected to dominate the synthetic biology market in the global arena due to rising demand for bio-based products, higher investments in synthetic biology companies, and increasing R&D funding for synthetic biology. Moreover, US is expected to contribute to larger share in the global synthetic biology market.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The report also includes the profiles of key synthetic biology manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Thermo Fisher Scientific Inc., Merck KGaA, Novozymes, Agilent Technologies, Amyris, Genscript, Integrated DNA Technologies, Inc., Twist Bioscience, New England Biolabs (NEB), and Synthetic Genomics, Inc. among others.
Some of the leading players in Synthetic Biology Market:
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