Synthetic biology, an interdisciplinary branch of biology and engineering, involves designing and constructing new devices, systems, and biological parts as well as re-designing existing, natural biological systems. It has various applications in the field of food & agriculture, medicine, and other areas. Technologies such as gene synthesis, genome engineering, and cloning and sequencing help the researchers to understand the organization of natural biological systems and design new biological entities.
MARKET DYNAMICS
The synthetic biology technology market is driving due to rising demand for enzyme based kits and solutions required for gene manipulation and rising awareness about genetic engineering among the healthcare professionals in developed nations. However, competition among existing market players may restrain the growth of the market.
MARKET SCOPE
The "Synthetic Biology Technology Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of synthetic biology technology market with detailed market segmentation by type and application. The synthetic biology technology market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in synthetic biology technology market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The synthetic biology technology market is segmented on the basis of type and application. Based on type, the market is segmented as gene synthesis, genome engineering, sequencing, bioinformatics, cloning, site-directed mutagenesis, microfluidics, and nanotechnology. On the basis of application, the market is segmented into medical, industrial, food and agriculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the synthetic biology technology market based on various segments. It also provides market size and forecast estimates from year 2020 to2028with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The synthetic biology technology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting synthetic biology technology market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the synthetic biology technology market in these regions.
MARKET PLAYERS
The report covers key developments in the synthetic biology technology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from synthetic biology technology market are anticipated to have lucrative growth opportunities in the future with the rising demand for synthetic biology technology in the global market. Below mentioned is the list of few companies engaged in the synthetic biology technology market.
The report also includes the profiles of key players in synthetic biology technology market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Thermo Fisher Scientific, Inc.
- Merck KGaA
- Agilent Technologies, Inc.
- Novozymes A/S
- Gingko Bioworks
- Anyris, Inc.
- Intrexon Corporation
- Genscript Biotech
- Twist Bioscience
- Codexis, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.