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Synthetic Biology Market by Tool, Technology, Application, Industrial - Global Forecast to 2022

Synthetic Biology Market: Global Forecast until 2022

  • December 2017
  • 216 pages
  • ID: 5246309
In this report:
THE INDUSTRIAL APPLICATIONS SEGMENT IS EXPECTED TO ACCOUNT FOR THE SECOND-LARGEST SHARE OF ##.##% OF THE SYNTHETIC BIOLOGY MARKET IN 2017.
IN 2017, NORTH AMERICA IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF ##.##% OF THE SYNTHETIC BIOLOGY MARKET FOR ENVIRONMENTAL APPLICATIONS.
IN 2017, NORTH AMERICA IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF ##.##% OF THE SYNTHETIC BIOLOGY MARKET FOR BIOMATERIALS AND GREEN CHEMICALS.

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The overall synthetic biology market is estimated to rise at a compound annual growth rate of 19.90 percent. in the upcoming five years

The synthetic biology market is forecasted to reach ~$8.8B by 2022 from an estimated ~$3.6B in 2017, at a compound annual growth rate (CAGR) of 19.90 percent. The main key factors driving the increase of this market contain the wide range of applications of synthetic biology, growing R&D funding and initiatives, growing demand for synthetic genes and synthetic cells, and rising investments in synthetic biology firms. On the other hand, possible environmental and security issues associated to synthetic biology are likely to restrain the rise of this market to a certain extent.

The chassis organisms segment is anticipated to grow at the maximal rate during the estimate period (2017-2022).

On the basis of tools, the synthetic biology market is split into oligonucleotides, enzymes, cloning technology kits, chassis organisms, and xeno-nucleic acids. The chassis organisms segment is anticipated to witness the highest rise during the forecast period due to the growing research on chassis organisms and the increasing overall demand of for alternatives to fossil fuel

The gene synthesis technology is intended to hold the biggest share of the market in 2017

Established on technology, the synthetic biology market is divided into gene synthesis, genome engineering, cloning and sequencing, next-generation sequencing, site-directed mutagenesis, measurement and modeling, microfluidics, and nanotechnology. The gene synthesis segment is intended to account for the most important share of the synthetic biology market. This is attributed to the Elements such as rise in the energy and agriculture sector; applications in environmental testing; and analysis in DNA-based vaccines and bioengineered antibodies.

Pharmaceutical applications are anticipated to hold the biggest share of the synthetic biology market in 2017.

Established on application, the synthetic biology market is broken down into medical (pharmaceutical, drug discovery & therapeutics, and artificial tissue and tissue regeneration), industrial (biofuel & renewable energy, industrial enzymes, and biomaterials & green chemicals), environmental (bioremediation and biosensing), and food & agriculture applications. The pharmaceuticals subsegment is forecasted to account for the biggest share in the industry in 2017. This is attributed to the potential of synthetic biology techniques in the development and manufacturing of APIs and small molecules on a big scale

China to witness the more significant increase during the outlook period

While the USA is forecasted to hold the biggest share of the overall synthetic biology market in 2017, China (CN) is anticipated to witness the highest increase during 2017 to 2022. Growing R&D funding and awareness programs concerning synthetic biology are contributing to the increase of synthetic biology market in China (CN).

Break of primary members taking part was as mentioned below:

• By Company category - Tier 1 - 28.0 percent, Tier 2 - 33.0 percent and Tier 3 - 39.0 percent

• By Description - C-suite - 42.0 percent, D-level - 33.0 percent, Others - 25.0 percent

• By Area - North America continent - 41.0 percent, Europe (EU) - 35.0 percent, Asia Pacific (APAC) - 14.0 percent, RoW - 10.0 percent

The main players in the overall synthetic biology market are Thermo Fisher, Novozymes, Merck KGaA (MKGA), Intrexon, and Agilent Technologies (NYSE:A). Some other actors in this industry contain Intrexon Corporation, Agilent Technologies (NYSE:A), Amyris, Genescript Biotech Corporation, Ginkgo Bioworks, Integrated DNA Technologies, New England Biolabs, Synthetic Genomics, and Twist Bioscience.

Segment Research

The market research examines the synthetic biology market and aims at estimating the market value and increase potential of this market established on different aspects including tools, technologies, applications, and localities. The industry report also comprises a competitive review of the main actors in this sector together with their company descriptions, product offerings, latest developments, and key industries strategies.

Reasons to Buy the Report

The study will facilitate established companies as well as new entrants/smaller companies to measure the pulse of the sector, which in-turn would help them, collect a larger market share. Companies obtaining the analysis could use one or any combination of the below-mentioned strategies to enhance their rank in the sector.

This industry report offers business insights into these pointers:

• Market Uptake: Exhaustive data on product types provided by top players in the overall synthetic biology market. The market research examines the overall synthetic biology market by tool, technology, application, and area.

• Product and Service Innovation: In-depth understanding on upcoming trends and new product and service launches in the overall synthetic biology market

• Market Development: Highlighted information about the profitable emerging sectors by tool, technology, application, and area.

• industry diversification: Complete information about recent products, increasing geographies, recent evolutions, and market investments in the overall synthetic biology market

• opposing assessment: Detailed assessment of market shares, increase strategies, products in pipeline of leading actors in the overall market

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