The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Synthetic Biology Global Market Report 2023, the synthetic biology market is expected to show promising growth in the forecast period.

Five Key insights from the forecast include:

1. Market Size – The global synthetic biology market size is expected to grow from $13.11 billion in 2022 to $17.07 billion in 2023 at a compound annual growth rate (CAGR) of 30.2%. The market size of the global synthetic biology is expected to grow to $39.12 billion in 2027 at a CAGR of 23.0%.
2. Major Driver – DNA sequencing plays a crucial role in advancing synthetic biology, impacting various applications. Cost-effective DNA sequencing facilitates product development within synthetic biology applications.
3. Key Trend – Recent DNA sequencing advancements empower non-genetic data storage using DNA. DNA data storage addresses the demand for massive data storage, with one strand capable of holding 455 Exabytes (455 billion gigabytes) of data.
4. Largest Region – North America was the largest region in the synthetic biology market in 2022.
5. Major Players – Major players in the synthetic biology market are Thermo Fischer Scientific, Genscript, Integrated DNA Technologies, Amyris, Twist Bioscience Corporation, Novozymes, New England Biolabs, Synthetic Genomics.

View More On The Synthetic Biology Market Report 2023 – https://www.thebusinessresearchcompany.com/report/synthetic-biology-global-market-report

Key Synthetic Biology Market Segments
The global synthetic biology market is segmented –
1) By Technology: Nucleotide Synthesis And Sequencing, Bioinformatics, Microfluidics, Genetic Engineering
2) By Application: Pharmaceuticals And Diagnostics, Chemicals, Biofuels, Bioplastics, Other Applications
3) By Product Type: Oligonucleotides, Enzymes, Cloning and Assembly Kits, Xeno-nucleic Acids (XNA), Chassis Organism

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Synthetic biology is a field of biological science that involve engineering principles to redesign organisms to give them new abilities. It is possible to think of synthetic biology as the culmination or the prescriptive, deliberate stage of biology.

The Synthetic Biology Global Market Report 2023  offers a comprehensive overview on the synthetic biology market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the synthetic biology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Synthetic Biology Market Include:
1. Synthetic Biology Market Executive Summary
2. Synthetic Biology Market Segments
3. Synthetic Biology Market Size And Synthetic Biology Market Growth Rate
4. Key Synthetic Biology Market Trends
5. Major Synthetic Biology Market Drivers
……
25. Key Mergers And Acquisitions In The Synthetic Biology Market
26. Top Synthetic Biology Companies
27. Synthetic Biology Market Opportunities And Strategies
28. Synthetic Biology Market, Conclusions And Recommendations
29. Appendix

View More Related Reports –
Computational Biology Global Market Report 2023
Synthetic Fibers Global Market Report 2023
Microbiology Diagnostic Devices And Equipment Global Market Report 2023

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