Global Synthetic Biology Market growing at a CAGR of 282 during

first_imgSynthetic biology is a new interdisciplinary area that involves the application of engineering principles to biology. It aims at the (re-)design and fabrication of biological components and systems that do not already exist in the natural world. Synthetic biology combines chemical synthesis of DNA with growing knowledge of genomics to enable researchers to quickly manufacture catalogued DNA sequences and assemble them into new genomes.The synthetic biology market is estimated to grow at a CAGR of 28.2% during the forecast period from 2018 to 2025. The market for synthetic biology is estimated to reach US$ 56,044.9 Mn in 2025.Download Sample Copy @ https://www.bigmarketresearch.com/request-sample/3206797?utm_source=ANIL-HTNTop Market Players: ThermoFisher Scientific Inc., Merck KGaA, Novozymes, Agilent Technologies, Amyris, GenScript, Integrated DNA Technologies, Inc., Twist Bioscience, New England Biolabs, Synthetic Genomics Inc.Synthetic biology, an interdisciplinary branch of biology and engineering, involves designing and constructing new devices, systems and biological parts as well as re-designing existing, natural biological systems. It has various application in the field of food & agriculture, medicine, and other areas. Technologies such as, gene synthesis, genome engineering and cloning and sequencing help the researchers to understand organization of natural biological systems and design new biological entities offering various advantages to humans.In our study, we have segmented the synthetic biology market by product, technology and application. On the basis of product, the market is segmented into enzymes, oligonucleotides, chassis organisms and xeno-nucleic acids. Enzymes acquired the largest market among the products due to its wide range of applications in healthcare. On the basis of technology, the market is segmented into gene synthesis, genome engineering, measurement and modeling, cloning and sequencing, nanotechnology, and others. Gene synthesis has the largest market share among the technologies due to an increasing research and development activities in genetics and growing number of market players offering products and solutions for gene synthesis. On the basis of application, global synthetic biology market is segmented into industrial applications, food and agriculture, medical applications, environmental applications, and others. Geographically, the market for synthetic biology is segmented into North America, Europe, Asia Pacific (APC), Middle East and Africa (MEA) and South and Central America (S&CAM).The market for synthetic biology is witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. Global synthetic biology market is driven by extensive use of enzymes kits and other gene synthesis products in research institutes and academics. Additionally, rising demand for enzyme based kits and solutions required for gene manipulation and rising awareness about genetic engineering among the healthcare professionals in developed nations also accelerate the market growth. However, competition among existing market players may restrain the growth of the market.In North America, the market is driven by an increasing investment by government organizations and institutes such as Department of Energy, the National Science Foundation (NSF), Department Of Defense (DoD), the National Institutes of Health (NIH), and the US Department of Agriculture (USDA). While, Asia Pacific is the fastest growing market driven increasing investment by private sector companies such as Evolva Biotech Pvt. Ltd and increasing demand for synthetic biology technologies of industrial and medical applications.Avail Discount on Report @ https://www.bigmarketresearch.com/request-for-discount/3206797?utm_source=ANIL-HTNTable of ContentsChapter 1: IntroductionChapter 2: Global Synthetic Biology Market – Key TakeawaysChapter 3: Global Synthetic Biology Market – Market LandscapeChapter 4: Global Synthetic Biology Market – Key Market DynamicsChapter 5: Synthetic Biology Market – Global AnalysisChapter 6: Synthetic Biology Market – Global Regulatory ScenarioChapter 7: Global Synthetic Biology Market Analysis– By TypeChapter 8: Global Synthetic Biology Market Analysis– By ApplicationChapter 9: Global Synthetic Biology Market Analysis– By End UserChapter 10: North America Synthetic Biology Market Revenue and Forecasts To 2025Chapter 11: Europe Synthetic Biology Market Revenue and Forecasts To 2025Chapter 12: Asia-Pacific Synthetic Biology Market Revenue and Forecasts To 2025Chapter 13: Middle East & Africa Synthetic Biology Market Revenue and Forecasts To 2025Chapter 14: South and Central America Synthetic Biology Market Revenue and Forecasts To 2025Chapter 15: Synthetic Biology Market –Industry LandscapeChapter 16: Synthetic Biology Market – Key Company ProfilesChapter 17: AppendixAbout Us:Big Market Research has a range of research reports from various publishers across the world. 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