Global Synthetic Biology Technology Market Growth (Status and Outlook) 2023-2029

Global Synthetic Biology Technology Market Growth (Status and Outlook) 2023-2029

Synthetic biology is a new way of applying biological science to daily life. The Royal Society in London, UK believes that synthetic biology combines knowledge and tools in other fields, including systems biology, genetic engineering, mechanical engineering, electromechanical engineering, information theory, physics, nanotechnology and computer simulation and many more.
LPI (LP Information)' newest research report, the “Synthetic Biology Technology Industry Forecast” looks at past sales and reviews total world Synthetic Biology Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected Synthetic Biology Technology sales for 2023 through 2029. With Synthetic Biology Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synthetic Biology Technology industry.
This Insight Report provides a comprehensive analysis of the global Synthetic Biology Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Synthetic Biology Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Synthetic Biology Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic Biology Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Synthetic Biology Technology.
The global Synthetic Biology Technology market size is projected to grow from US$ 1216.6 million in 2022 to US$ 4107.2 million in 2029; it is expected to grow at a CAGR of 19.0% from 2023 to 2029.
The North American market is the most important consumer region, accounting for 48.23% of the global total in 2019, with sales of US$421.30 million. The European market is second only to the North American market, accounting for 21.12% of the global total, with sales of US$184.52 million. The leading products represented by Genscript Biotech, Integrated DNA, Ginkgo Bioworks, Agilent, Thermo Fisher, etc. occupy a leading position in the international market, accounting for 45.54% of the global market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Biology Technology market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Gene Synthesis
Oligonucleotide Synthesis
Bioinformatics Analysis
DNA Assembly
Segmentation by application
Medicine
Chemical Industry
Agriculture
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Genscript Biotech
Integrated DNA
Ginkgo Bioworks
Agilent
Thermo Fisher
BBI
Eurofins Genomics
Genewiz
Synthetic Genomics
Twist Bioscience
SBS Genetech
ATUM

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