Synthetic Biology Global Market Report 2022: Robotics and Workflow Automation Support Market Expansion – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Synthetic Biology – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Synthetic Biology Market to Reach $36 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Synthetic Biology estimated at US$6.4 Billion in the year 2020, is projected to reach a revised size of US$36 Billion by 2027, growing at a CAGR of 28.1% over the analysis period 2020-2027. Oligonucleotides & Synthetic DNA, one of the segments analyzed in the report, is projected to record a 29.5% CAGR and reach US$16.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Enzymes segment is readjusted to a revised 27% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 32.4% CAGR

The Synthetic Biology market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 32.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.3% and 27.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 29.3% CAGR.

Cloning Technology Kits Segment to Record 26.8% CAGR

In the global Cloning Technology Kits segment, USA, Canada, Japan, China and Europe will drive the 26.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$939.9 Million in the year 2020 will reach a projected size of US$4.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 141 Featured) –

• Agilent Technologies, Inc
• Amyris, Inc
• Arzeda
• Atum
• Codexis, Inc
• Creative Enzymes
• Cyrus Biotechnology, Inc
• Editas Medicine, Inc
• Eurofins Genomics Blue Heron LLC
• Eurofins Scientific
• GENEWIZ, Inc
• GeneWorks Pty Ltd
• Genscript Biotech Corporation
• Ginkgo Bioworks
• Integrated Dna Technologies, Inc
• New England Biolabs
• Novozymes A/S
• OriGene Technologies, Inc
• Sanofi S.A.
• Synthego Corporation
• TeselaGen Biotechnology Inc
• Thermo Fisher Scientific, Inc
• Twist Bioscience

What’s New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies – Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to a digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Synthetic Biology Market Witnesses Significant Rise in Investments
• Importance of Synthetic Biology for Investments
• Efforts from Leading Players Bodes Well for Market Growth
• Patent Landscape Gets Richer
• Robotics and Workflow Automation Support Market Expansion
• Advancements in Instrumentation Augurs Well
• Improvements in Computer-Aided Biology
• Fusion of AI and Synthetic Biology Expands Opportunities
• Synthetic Biology Brings a Paradigm Shift in the Field of Biological Research
• DNA Sequencing Plays an Important Role
• Plummeting Cost of DNA Sequencing Bolsters Market Growth
• Food Scarcity to Fuel Synthetic Biology Application in Agriculture
• Select Companies Engaged in Making Food Using Synthetic Biology
• Synthetic Biology Aids in Development of Exotic and Artificially Grown Meats and Proteins to Meet Future Food Demand
• Growing Demand for GM Crops Opens Up Growth Avenues
• Synthetic Biology-based Ingredients Gain Traction
• Role of Synthetic Biology in Producing Plants with Desirable Characteristics
• Synthetic Biology Gains Prominence in Biomedical Applications
• Synthetic Genes Open up a New World of Drug Development
• Synthetic Biology to Transform Healthcare with Captivating Advances in Biomedicine
• Synthetic Biology Enables Creation of Advanced Biosensing Systems
• Synthetic Biology Gains Significance in Production of Bio-Based Chemicals and Biofuels
• Synthetic Biology Gains Importance as Focus on Carbon Recycling Increases
• Synthetic Biology Disrupts the Cosmetics Sector
• Capability of Synthetic Biology in Environmental Applications
• Synthetic Biology Creates Buzz as Key Enabler of Exciting & Dynamic Applications for Diverse Domains
• Synthetic Biology for Advanced, Multifunctional Materials
• Genetically Engineered Fabrics and Sustainable Dyes Using Synthetic Biology to Transform Textile Industry
• Select Synthetic Biology Offerings in Textile Industry
• Personalized Medicine to Display Notable Leap Forward with Synthetic Biology

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

REST OF WORLD

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/nwez5m

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900