The global synthetic biology market size reached USD 10.35 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period, according to latest analysis by Emergen Research. Rising research and development activities in this field of synthetic biology, growing application of synthetic biology including living biotherapeutics, multiplexed diagnostics, and third-generation biorefineries as well rising investments towards synthetic biology start-ups developing tools and services are some of the key factors driving the revenue growth of the synthetic biology market.

As per the latest report published by Reports and Data, the global market development is majorly supported by a considerable rise in the demand for products and services offered by this industry. A detailed synopsis of the Synthetic Biology market valuation, revenue estimation, and market statistics is a key component of the report.  Hence, the report aims to help readers gain viable insights into the competitive spectrum of the Synthetic Biology market. It further draws attention to the vital business expansion strategies adopted by the leading market contenders to reinforce their global market positions.

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Key companies operating in the Synthetic Biology market include:

Amyris, Inc., Ginkgo Bioworks, Novozymes AG, Synbio Technologies, Evonetix Ltd., Calyxt, Inc., Codex DNA, Inc., GenScript Corporation., Twist Biosciences, and Eurofins Scientific, Inc

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Synthetic Biology market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Synthetic Biology Market
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Synthetic Biology Market Segmentation:

• Product Type Outlook (Revenue, USD Billion; 2019-2030)

  • Synthetic DNA and Oligonucleotides
  • Enzymes
  • Synthetic Cells
  • Chassis Organisms
  • Xeno-nucleic acids
  • Others

• Technology Outlook (Revenue, USD Billion; 2019-2030)

  • Gene Synthesis
  • Site-directed Mutagenesis
  • Cloning
  • Bioinformatics
  • Nucleotide Sequencing
  • Microfluidics
  • Others

• Application Outlook (Revenue, USD Billion; 2019-2030)

• Medical & Healthcare
• Tissue Regeneration
• Environment & Agriculture
• Bioprocess Technology
• Others

Synthetic Biology Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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