Synthetic Biology Market Size, Share, Growth Analysis and Forecast Report by 2027

Posted October 15, 2020 by pankajrathi

Increase in investment and funding from key companies in synthetic biology expected to boost the global synthetic biology industry growth during this forecast period.
Synthetic biology is defined as novel area of research which is the amalgamation of multiple disciplines like molecular biology, biotechnology, genetic engineering, biophysics, and others. It involves design and construction of new biological systems from standardized genetic components coupled with essential redesign of existing life for new purposes.

Request Sample Copy of this Report @

Market Drivers
Increase in investment and funding from key companies in synthetic biology expected to boost the global synthetic biology industry growth during this forecast period. For instance, in January 2018, as per the SynBioBeta data around 50 companies including private as well as public companies raised over US$ 1.7 bn fir the development of innovative synthetic biology technologies. Also, increase in number of synthetic biology research entitles and declining cost of DNA synthesizing & sequencing are some driving factors expected to propel the global synthetic biology market growth. Moreover, increase in, demand for bio-fuels, and growing awareness regarding this technologies in emerging economies will support the market growth during this forecast timeline. In addition to that, increase in research and development activities for synthetic drugs and vaccines will drive the market growth in near future.

Market Restraints
Increase in bio-safety, ethical, as well as bio-security concerns is major restraint which is expected to hinder the global synthetic biology market growth. Also, standardization of biological parts is the challenging factor which is expected to limit the global synthetic biology market growth over the forecast period.

Market key players
Various key players are discussed in this report such as Thermo Fisher Scientific, Inc., Codexis, Inc., Synthetic Genomics, Inc, Twist Bioscience, Genscript Biotech Corporation, Intrexon Corporation, Amyris, Inc., Ginkgo Bioworks, Novozymes A/S, Agilent Technologies, Inc,, and Merck Kgaa

Market Taxonomy
By Product
• Synthetic DNA
• Synthetic Genes
• Synthetic Oligos
• Software Tools
• Chassis Organisms
• Synthetic Clones
• Synthetic Cells
By Technology
• Bioinformatics
• Microfluidics
• Genetic engineering
By Application
• Pharmaceuticals & Diagnostics
• Chemicals
• Biofuels
• Bioplatics
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Browse Full Research Report @

About Us:-
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

Contact Person:-
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By qualiket research
Country India
Categories Business , Health , Marketing
Tags synthetic biology market
Last Updated October 15, 2020