Synthetic Biology Market: New Applications and case-study with Global Forecast 2022.
Synthetic Biology Market” by Tool (Oligonucleotides, Chassis Organisms, Enzymes), Technology (Genome Engineering, NGS, Cloning and Sequencing), Application (Medical (Pharmaceutical, Drug Discovery), Industrial (Renewable Energy)) - Global Forecast to 2022
(firmenpresse) - According to the new market research report ", published by MarketsandMarkets
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The synthetic biology market is segmented into medical (pharmaceutical, drug discovery & therapeutics, and artificial tissue and tissue regeneration), industrial (biofuel & renewable energy, industrial enzymes, and biomaterials & green chemicals), food & agriculture, and environmental (bioremediation and biosensing) on the basis of application. The pharmaceuticals subsegment is expected to account for the largest share of the market. However, biofuel and renewable energy is expected to grow at the highest CAGR during the forecast period owing to the global demand for fossil fuel alternatives and the advantages of the genetically engineered organisms for the synthetic production of biofuels.
Research Methodology
Top-down and bottom-up approaches were used to validate the size of the synthetic biology market and estimate the size of other dependent submarkets. Various secondary sources such as Centre for Synthetic Biology and Innovation (CSynBI), Institute of Systems and Synthetic Biology, University of California San Francisco (UCSF) Center for Systems & Synthetic Biology, Synthetic Biology Leadership Council (SBLC), Synthetic Biology Advisory Committee, Synthetic Biology Engineering Research Center (SynBERC), Industry Association of Synthetic Biology (IASB), European association of synthetic biology, Society for Biological Engineering (SBE), Systems and Synthetic Biology Journal, Biological Sciences Research Council, expert interviews, and MarketsandMarkets Analysishave been used to identify and collect information useful for the study of
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The US is expected to dominate the synthetic biology market in 2017
In 2017, the US is estimated to account for the largest share among other regions in the synthetic biology market, followed by the UK and Germany. The dominant share of the US is attributed to factors such as increased demand for bio-based products, increased investments in synthetic biology companies, and rising R&D funding for synthetic biology.
Based on region, the synthetic biology market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2017, North America is estimated to account for the largest share of the global market. Regarding growth rate, Europe is expected to register the highest growth rate from 2017 to 2022. Factors such as increasing investments for the adoption of adoption of novel synthetic biology technologies, rising R&D funding and collaborations are driving the growth of the market in this region.
While the overall market is expected to grow at a high rate, possible environmental and security issues related to synthetic biology is likely to restrain the growth of this market to a certain extent.
The major players in the global synthetic biology market include Thermo Fisher (US), Novozymes (Denmark), Merck KGaA (Germany), Intrexon (US), and Agilent Technologies (US), among others.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales(at)marketsandmarkets.com
Datum: 01.11.2018 - 14:46 Uhr
Sprache: Deutsch
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