BANGALORE, India, Jan. 2, 2020 /PRNewswire/ -- Synthetic Biology Market Analysis
Synthetic biology is a new research area that combines multiple disciplines, including molecular biology, biotechnology, biophysics, and genetic engineering.
The report provides a comprehensive overview of the current synthetic biology market's leading companies along with a comprehensive analysis of current and emerging market trends and an overview of the global synthetic biology brand dynamics.
Trends Influencing the Synthetic Biology Market Share
- Assistance from government and private organizations
- Increasing number of research institutions in synthetic biology
- Declining DNA sequencing & synthesizing costs
Region Wise Synthetic Biology Market Analysis
Geographically speaking, the market is split across North America, Europe, Asia-Pacific and LAMEA.
- In 2015, Europe was the leading continent, followed by North America in terms of revenue generation. Furthermore, Europe will continue to maintain its leading position till 2020 thanks to constant support from European government and private organizations in the form of investments by leading companies, especially in the biofuel segment.
- Due to the increasing number of research organizations, Asia Pacific is expected to be the fastest-growing region.
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Key Market Segments
Synthetic Biology Market by Geography
- North America
- Asia Pacific
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Synthetic Biology Market by Products
- Synthetic DNA
- Synthetic oligos
- Synthetic genes
- Software tools
- Chassis organisms
- Synthetic clones
- Synthetic cells
Synthetic Biology Market by Technology
- Nucleotide synthesis and sequencing
- Genetic engineering
Synthetic Biology Market by Application
- Pharmaceuticals and diagnostics
- Others (Environment, agriculture & aquaculture)
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- Thermo Fisher Scientific
- Integrated DNA technologies
- Eurofins Scientific Inc
- Origene technologies
- Scientific genomics Inc
- Editas Medicine Inc
- Pareto Biotechnologies
- Blue heron
- Twist biosciences
- Syntrox Inc
Reports Related to the Subset of Synthetic Biology Market
1. Global Synthetic Biology Platforms Market Analysis
It is expected that a decrease in the cost of DNA sequencing per raw megabase and a drastic reduction in the cost of synthetic genes would fuel synthetic biology market growth. Synthetic biology is a method designed to facilitate biological operations for engineers. These usually combine biotechnology, molecular engineering, biophysics, computer and electrical engineering, evolutionary biology, and genetic engineering.
The global market size of Synthetic Biology Platforms was xx million US$ in 2018 and is expected to reach xx billion US$ by the end of 2025, with a CAGR of xx% in 2019-2025.
2. Global Synthetic Biology Workstation Market Analysis
One of the key growth factors for the synthetic biology workstation market is expected to be the growing applications of synthetic biology. Synthetic biology is commonly used to increase the performance of products such as medicine, biochemicals, and biofuels.
The global market size of the Synthetic Biology Workstation was xx million US$ in 2018 and is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.
Synthetic biology workstations are also useful for waste management as they help to avoid manual errors, reduce overall cost and deliver productive performance. Continuous advances in synthetic biology on a large scale and extensive use of synthetic biology techniques are further expected to drive the demand for synthetic workstations.
3. Global Synthetic Biology Tools Market
The synthetic biology tools are finding significant usage in various application areas and are expected to drive the market during the forecast period. Furthermore, increased investments by major synthetic biology companies are also contributing to the market growth.
The global market for nanotechnology tools was USD xx million in 2018 and is expected to grow at a CAGR xx% between 2019 and 2025 to US$ million by the end of 2025.
This report analysis the market size (value and volume) of synthetic biology tools by players, countries, product types and end industries, 2014-2018 historical data and 2019-2025 forecast data; this report also studies the global competitive landscape, market drivers and patterns, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
4. Global Synthetic Biology Technology Market
Synthetic biology is a modern interdisciplinary field involving the application of biology concepts in technology. Synthetic biology technology seeks to redesign and manufacture biological components and structures that do not already exist in the world of nature.
The global market size for Synthetic Biology Technology was xx million U.S. dollars in 2018 and is expected to reach xx million U.S. dollars by the end of 2025, with a CAGR of xx% in 2019-2025.
This report focuses on the global status of synthetic biology, future outlook, opportunities for growth, key sector, and key players. The purpose of the synthetic biology technology market study is to address the advancement of synthetic biology techniques in the U.S, Europe, and China.
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