Report Feature
The future of the synthetic biology market looks promising with opportunities in the environmental, medical, industrial, and food and agricultural applications. The global synthetic biology market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are advancement in genome engineering such as CRISPR and DNA synthesis technologies will reduce the risks from cancer, increasing involvement of government bodies, research institutes, and large-scale organizations in synthetic biology research activities.
An emerging trend, which has a direct impact on the dynamics of the industry, includes biomonitoring for engineering highly specific and tiny biosensors to spot an enormous range of molecules such as hydrocarbon pollutants, sugars, heavy metals, and antibiotics in environmental sensing systems.
A total of 157 figures / charts and 132 tables are provided in this 186-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of synthetic biology market report, download the report brochure.
The study includes a trend and forecast for the global synthetic biology market by application, product type, technology and region as follows:
By Application [$M shipment analysis for 2014 – 2025]:
- Environmental
- Medical
- Industrial
- Food and Agricultural
By Product Type [$M shipment analysis for 2014 – 2025]:
- Core Products
- Enabling Products
- Enabled Products
By Technology [$M shipment analysis for 2014 – 2025]:
- Nucleotide synthesis and sequencing
- Bioinformatics
- Microfluidics
- Genetic Engineering
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Germany
- France
- U.K
- Italy
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Asia Pacific
- China
- India
- Japan
- The Rest of the World
Some of the synthetic biology companies profiled in this report include Amyris Inc, GenScript, Integrated DNA Technologies, OriGene Technologies Inc, ATUM, Synthetic Genomics Inc, Pareto Biotechnologies Inc, Intrexon Corporation, and Blue Heron Biotech.
Lucintel forecasts that core products will remain the fastest growing product type over the forecast period due to strong applications outlook for synthetic genes, synthetic DNA parts, chassis organisms and synthetic cells across pharmaceuticals and diagnostics field.
Within synthetic biology market, environmental, medical, industrial, and food and agricultural are the major applications. Medical segment will remain the largest application due to extensive research on new and better treatments, availability of huge funding for the discovery of novel therapies, and increasing number of healthcare and life science facilities.
North America will remain the largest market over the forecast period due to increasing demand for bio-based products, increased investments in synthetic biology companies, and rising R&D funding for synthetic biology.
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Features of the Global Synthetic Biology Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global synthetic biology market by application (Environmental, Medical, Industrial, and Food and Agricultural), by product type (Core Products, Enabling Products, and Enabled Products), technology (Nucleotide synthesis and sequencing, Bioinformatics, Microfluidics, and Genetic Engineering), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market? Q.5 What are the business risks and threats to the market? Q.6 What are emerging trends in this market and the reasons behind them? Q.7 What are some changing demands of customers in the market? Q.8 What are the new developments in the market? Which companies are leading these developments? Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M & A activities have taken place in the last 5 years in this market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | By Application (Environmental, Medical, Industrial, and Food and Agricultural), By Product Type (Core Products, Enabling Products, and Enabled Products), By Technology (Nucleotide synthesis and sequencing, Bioinformatics, Microfluidics, and Genetic Engineering) |
| Regional Scope | North America (The United States, Mexico, Canada), Europe (Germany, France, U.K. and Italy), Asia Pacific (China, India, and Japan), and RoW |
| Customization | 10% Customization Without any Additional Cost |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Synthetic Biology market
6.1.1 Growth Opportunities for the Global Synthetic Biology Market by Application
6.1.2 Growth Opportunities for the Global Synthetic Biology Market by Product Type
6.1.3 Growth Opportunities for the Global Synthetic Biology Market by Technology
6.1.4 Growth Opportunities for the Global Synthetic Biology Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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