1. Market Research
  2. > Biotechnology Market Trends
  3. > Genetically Modified Organism

Latest GMO Industry Statistics & Trends

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
11 votes

Global Genetically Modified Organisms Industry Statistics

The global genetic testing industry is expected to be worth $2.2 billion by 2017, according to research from Global Industry Analysts. Market growth is fuelled by awareness regarding the advantages of genetic testing. Developments in the sector are also driven by increasing cases of chronic diseases, rising numbers of patients suffering from cancer and an aging global population. The US dominates the global genetic testing industry.

The genetically modified organism industry involves the creation of new sets of genes for insertion into an organism. These organisms have many applications, including adaption of foods such as is the case with transgenic plants that have been modified to better survive pests and herbicides or to boost shelf-life and nutritional value. Other areas in which genetically modified organisms are used apart from agriculture include gene therapy, medical research and the manufacture of pharmaceuticals.

Key Market Segments

The global gene amplification technology market is expected to reach $2.2 billion by 2017, reports Global Industry Analysts. The Human Genome Project greatly benefited the sector and, along with molecular diagnostics, continues to fuel market expansion. Gene amplification technology market growth is also being driven by an aging population and increases of age-related diseases. The US dominates the global market. Gene Amplification Technology touches on different life sciences disciplines, including diagnosis, drug discovery, forensic identification and molecular biology research. Polymerase Chain Reaction represents a significant segment in the field of gene amplification, recording strong growth over the past few years.

The global synthetic biology market represents a leading discipline within biotechnology with many applications. BCC Research points to commercial opportunities for synthetic biology such as enzymes, specialty chemicals, biofuels, synthetic genes, chassis microorganisms and pharmaceuticals. Synthetic biology overlaps with other industry like chemicals, biotechnology, diagnostics, pharmaceuticals, chemicals and life science tools.

Synthetic biology market growth is being fuelled by technological developments in DNA synthesis and sequencing, demand for renewable feedstock, bioinformatics and specialty media.

The global industrial enzymes market reached close to $3.5 billion in 2010, according to research from BCC Research. The market is forecast to record yearly growth in excess of 5% over the coming years to hit almost $4.5 billion by 2015. Technical enzymes represent a leading market segment, expected to record yearly growth of almost 7%, with expected worth set to reach $1.5 billion in 2015. Technical enzyme sales were highest in the leather market, and second-highest in the bioethanol sector. The food and beverage enzyme market segment is forecast to record yearly growth in excess of 5% to reach $1.3 billion by 2015, up from under $1 billion in 2010. Milk and dairy recorded the highest sales in the food and beverage enzyme market, exceeding $400 million in 2009.

Industry Leaders

Leading companies operating in the genetic engineering market include BioRad Laboratories, Transgenomic, Applied Biosystems, Roche Diagnostics, Abbott Laboratories, Celera, PerkinElmer, Roche Molecular Diagnostics, ELITech, Abbott Molecular, Quest Diagnostics and AutoGenomics.

Read more »

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 646 893 5945

3 Reports
Demand, Supply, Trade
24 Statistics
Market Size, Supply, Demand
47 Reports
Demand, Supply, Trade
40 Statistics
Market Size, Supply, Demand
51 Reports
Trade, Supply, Risk Assessment
60 Statistics
Market Size, Supply, Trade
5 Reports
Trade, Supply, Demand
2 Statistics
Market Size, Supply, Trade
5 Reports
Supply, Demand, Regulation
6 Statistics
Market Size, Supply, Demand
4 Reports
Supply, Demand, Trade
3 Statistics
Market Size, Supply, Demand
24 Reports
Supply, Risk Assessment, Demand
19 Statistics
Market Size, Supply, Demand
5 Reports
Demand, Supply, Trade
6 Statistics
Market Size, Supply, Demand
3 Reports
Demand, Trade, Market Size
1 Statistics
Market Size, Supply, Demographic
4 Reports
Demand, Supply, Trade
3 Statistics
Market Size, Supply, Demand
Search in Genetically Modified Organism Industry (About 1400 reports)
Parent industry: Biotechnology
Related industries: Biological Therapy, Biomaterial, Biopharmaceutical, Genomics

84 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 995 - $ 10000)

Digital PCR and Real-time PCR Market by Technology, Product, Application, End User - Forecast to 2022

Digital PCR and Real-time PCR Market: Forecast until 2022

  • $ 5650
  • Industry report
  • June 2017
  • by MarketsandMarkets

“The global digital PCR and real-time (qPCR) market projected to grow at a CAGR of 8.9%.”The global dPCR and qPCR market is estimated to grow at a CAGR of 8.9% from 2017 to 2022, to reach USD 5.31 ...

Synthetic Biology Market: Global Forecast until 2022 $ 5650 December 2017

Competent Cells Market: Global Forecast until 2022 $ 5650 July 2017

Food Safety Testing Market: Target until 2022 $ 5650 September 2017

GMO Testing Market: Global Forecast until 2022 $ 5650 June 2017

Genetically Modified Seeds Sector: Worldwide Forecast u ... $ 2500 August 2016

Genome Editing/Genome Engineering Market: Global Foreca ... $ 5650 November 2017

qPCR Sector: Worldwide Forecast until 2021 $ 2500 June 2017

Synthetic Biology Workstation Sector: Worldwide Forecas ... $ 2500 January 2018

qPCR Reagent Sector: Worldwide Forecast until 2021 $ 2500 October 2017

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on