Synthetic Biology Market Size, Share, Forecast Report, 2020-2027

The global Synthetic Biology market garnered revenue around USD 6.9 Billion in 2020 and projected to reach USD 20.5 Billion by 2027, with at a compound annual growth rate (CAGR) of 24.5% throughout the estimate period from 2020 to 2027. The growth of this market is primarily attributed to factors such as the increasing demand for synthetic genes & synthetic cells, wide range of applications of synthetic biology, declining cost of DNA sequencing & synthesizing, increasing R&D funding & initiatives in synthetic biology, and increasing investments in the market.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Synthetic Biology market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Synthetic Biology market growth.

The global Synthetic Biology market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Thermo Fisher Scientific Inc. (US), Merck KGaA (Germany), Agilent Technologies, Inc. (US), Novozymes A/S (Denmark), Ginkgo Bioworks (US), Amyris, Inc. (US), Intrexon Corporation (US), GenScript Biotech Corporation (China), Twist Bioscience (US), Synthetic Genomics, Inc. (US), Codexis, Inc. (US), Synthego Corporation (US), Creative Enzymes (US), Eurofins Scientific (Luxembourg), Cyrus Biotechnology Inc. (US), ATUM (US), TeselaGen (US), Arzeda (US), Integrated DNA Technologies, Inc. (US), and New England Biolabs (US)

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

By Tool

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

By Technology

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

By 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
      • Other Industries
  • Food & Agriculture
  • Environmental Applications
  • Bioremediation
  • Biosensing

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

North America

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU

Asia Pacific

  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC

Central & South America

  • Brazil
  • Argentina
  • Rest of Central & South America

Middle East and Africa

  • UAE
  • Saudi Arabia
  • Rest of MEA