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Synthetic Biology Market Size 2019 – Industry Analysis by Types, Applications, Key Players, and leading Countries Forecast to 2024

Synthetic Biology

The “Synthetic Biology Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The synthetic biology market has witnessed a CAGR of nearly 20%. There are certain factors propelling the growth of the market, including increasing support from the government and private institutions, increasing R&D investments in drug discovery, and the development and declining cost of DNA sequencing and synthesizing.
  • The increasing involvement of government bodies, research institutes, and large-scale organizations in synthetic biology research activities is likely to support the market over the next few years. The governments of various nations have been providing support for research on synthetic biology, due to its wide applications. There has been a lot of research studies and projects, running in various countries with respect to synthetic biology that have tried to tap various complexities in the genomes of organisms, and hence, have helped in creating more effective and efficient therapies to treat them.
  • There has also been an increasing application of genome editing in agriculture. Hence, with the increasing support from the government and private institutions, the market is expected to increase during the forecast period.
  • The synthetic biology technologies and products are also finding significant usage in various application areas. Since the organisms engineered with synthetic biology techniques are relatively reasonable, owing to their use in various industrial applications, which also translates in a reduction in the cost of research, the demand for these techniques is increasing considerably across the world.<

    Top Key Players of Synthetic Biology Market Are:

  • Amyris Inc.
  • E. I. Du Pont De Nemours and Company
  • Genscript
  • Integrated DNA Technologies Inc.
  • Intrexon Corporation
  • New England Biolabs Inc.
  • Novozymes A/S
  • Koninklijke DSM N.V.
  • Synthetic Genomics Inc.
  • Thermo Fisher Scientific Inc.

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Synthetic Biology Market on the global and regional level.

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    Scope of the Report:

  • As per the , synthetic biology is a new interdisciplinary area that involves the application of engineering principles to biology. It aims at the re-designing and fabrication of biological components and systems. Therefore, it combines the knowledge of genomics and chemical synthesis of DNA for the rapid production of catalogued DNA sequences. It is a novel technology and the value chain of a product manufacturing includes steps that require collaborative efforts by two or more companies.

    Synthetic Biology market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Synthetic Biology market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    Genome Engineering is Expected to Hold the Highest Market Share in the Technology Segment

    Genome engineering has appeared as the most prominent technology utilized in synthetic biotechnology. The researchers expect this technology to continue to lead over the forthcoming years. In addition, other factors, such as advances in CRISPR-toolbox and DNA synthesis technologies, the need for rapid, cheap, multiplex modification of genomes, and ongoing research activities are expected to drive the growth of the genome engineering market during the forecast period.

    Hence, with a wide range of applications for genome engineering, many companies are investing in genome engineering, globally, as many government entities are turning toward biomass and climate change.

    North America is Expected to Dominate the Synthetic Biology Market in the Forecast Period

    North America is estimated to account for the largest share in the synthetic biology market due to factors, such as the increasing demand for bio-based products, increased investments in synthetic biology companies, and rising R&D funding for synthetic biology. The increasing support from the government and private institutions and increasing R&D investments in drug discovery and development are also major growth factors expected to drive the market during the forecast period.

    Synthetic Biology Market Report contents include:

    – Analysis of the Synthetic Biology market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Synthetic Biology including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Synthetic Biology Market Report Are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Support from Government and Private Institutions
    4.2.2 Increasing R&D Investments in Drug Discovery and Development
    4.2.3 Declining Cost of DNA Sequencing and Synthesizing
    4.3 Market Restraints
    4.3.1 Bio-safety and Bio-security
    4.3.2 Ethical Issues
    4.3.3 Reimbursement Cuts Causing Pricing Pressure
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Core Products
    5.1.1.1 Synthetic DNA
    5.1.1.2 Synthetic Genes
    5.1.1.3 Synthetic Cells
    5.1.1.4 XNA (Xeno Nucleic Acid)
    5.1.1.5 Chassis Organisms
    5.1.2 Enabling Products
    5.1.2.1 DNA Synthesis
    5.1.2.2 Oligonucleotide Synthesis
    5.2 By Technology
    5.2.1 Genome Engineering
    5.2.2 DNA Sequencing
    5.2.3 Bioinformatics
    5.2.4 Biological Components and Integrated Systems
    5.3 By Applications
    5.3.1 Healthcare
    5.3.2 Chemicals (Including Bio-Fuels)
    5.3.3 Agriculture
    5.3.4 Others (Biosecurity, R&D, Energy, and Environment)
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Amyris Inc.
    6.1.2 E. I. Du Pont De Nemours and Company
    6.1.3 Genscript
    6.1.4 Integrated DNA Technologies Inc.
    6.1.5 Intrexon Corporation
    6.1.6 New England Biolabs Inc.
    6.1.7 Novozymes A/S
    6.1.8 Koninklijke DSM N.V.
    6.1.9 Synthetic Genomics Inc.
    6.1.10 Thermo Fisher Scientific Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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