Synthetic Biology Market - Trends Forecast Till 2028

Global Synthetic Biology Market by Tools (Oligonucleotides, Enzymes, Synthetic Cells), Technology (Gene Synthesis, Genome Engineering), Application (Tissue Regeneration, Biofuel, Consumer Care, Food & Agriculture, Environmental), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: January, 2022

Base Year Estimate: 2021

Report ID: D-PH-SBM-1157

Format:  

Number of Pages: 377

Domain: Pharmaceutical

Synthetic Biology Market – Trends Forecast Till 2028

The Global Synthetic Biology market size is projected to reach a CAGR of 9.8% from 2022 to 2028.

Synthetic Biology is a branch of biotechnology that encompasses various aspects like set of concepts, approaches, and tools within biotechnology which could be used for the modification or creation of biological organisms. It delas with the redesigning and engineering of the organisms in such a way that they are useful for a particular problem in medicine or agriculture.

Research and development in the sector long with the surged funding are some of the factors that have supported long-term expansion for Global Synthetic Biology Market.

COVID-19 had a positive effect on the market, as the clinical developments and research was very prominent in the sector.

Synthetic Biology Market Growth Forecast

North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the presence of key players in the region and the increased expenditure on the research and developmental activities.

Global Synthetic Biology Market is segmented into Tool, Technology, Application and region.

On the basis of Tool

  • Oligonucleotides and Synthetic DNA
  • Enzymes
  • Cloning Technologies Kits
  • Synthetic Cells
  • Chassis Organisms
  • Xeno-nucleic Acids                                  

On the basis of Technology

  • Gene Synthesis
  • Genome Engineering
  • Sequencing
  • Bioinformatics
  • Site-directed Mutagenesis
  • Cloning
  • Measurement and Modeling
  • Microfluidics
  • Nanotechnology

On the basis of Application

  • Medical Application
    • Pharmaceuticals
    • Drug Discovery and Therapeutics
      • Cancer Detection & Diagnostics
      • Other Drug Discovery and Therapeutic Applications
  • Artificial Tissue and Tissue Regeneration
    • Bio-synthesis
    • Stem Cell Regulation
    • Other Tissue and Tissue Regeneration Applications
  • Industrial Applications
    • Biofuel and Renewable Energy
    • Biomaterials and Green Chemicals
    • Industrial Enzymes, by Application
      • Textile Industry
      • Paper Industry
      • Consumer Care Industry
      • Skin Care & Cosmetics
      • Other Consumer Care Products
      • Other Industries
  • Food & Agriculture
  • Environmental Applications
    • Bioremediation
    • Biosensing

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Synthetic Biology Market Primary Respondent

 

Key Players

  • Carl Zeiss AG
  • Creaform Inc.
  • Eley Metrology
  • FARO Technologies, Inc.
  • Hexagon AB
  • Keyence Corporation
  • Metronor
  • Mitutoyo Corporation
  • Nikon Metrology
  • Tokyo Seimitsu Co. Ltd

Recent Developments

  • In January 2021, Frontia GlutenEx was brought into the market by Novozymes.
  • In February 2021, Merck joined hands with BioNTech for the supply lipids for the production of Pfizer-BioNTech COVID-19 Vaccine (BNT162b2).

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Global Synthetic Biology Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 9.8% during the forecasting period, 2022-2028

Historical Data

2019-2020

Forecast Years

2022-2028

Base Year

2021

Units Considered

Revenue in USD billion and CAGR from 2022 to 2028

Report Segmentation

type, industry and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Carl Zeiss AG, Creaform Inc., Eley Metrology, FARO Technologies, Inc., Hexagon AB, Keyence Corporation, Metronor, Mitutoyo Corporation, Nikon Metrology, and Tokyo Seimitsu Co. Ltd

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