This report is an effort to identify factors, which will be the driving force for the synthetic biology market and sub-markets in the next few years. The report provides an extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the synthetic biology industry in terms of product and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted bottom up model to derive market size of the global synthetic biology market and further validated numbers with the key market participants and C-level executives.
This report highlights the industry with the following points:
Definition, estimates & forecast of synthetic biology product market from 2010 to 2017
Analysis of product segments for synthetic biology product market with historical data and forecast
Trends and forecast for four geographic markets, namely North America, Europe, Asia Pacific and the RoW regions based on segments of synthetic biology product market
Profiles of major market participants for better understanding of their contributions
This research is specially designed to estimate and analyze the demand and performance of synthetic biology products in a global scenario. The research provides in-depth analysis of synthetic biology product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global synthetic biology market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.
The global Synthetic biology market is driven by factors such as increasing incidence of oceanic oil spills and other types of pollutions, potential substitute of genetic engineering, increasing demand for cross bred animals, dropping prices of DNA sequencing and DNA synthesis, increasing population is increasing the demand for GM (Genetically Modified) food, increasing demand for alternative energy resources like biofuels, and rising R&D investments in drug development.
Some of the opportunities in the synthetic biology market which would drive the revenue of the industry in the future include rising economies of Asia Pacific regions and the BRICS nations, and increasing investments of WHO and other NGOs in third world countries to fight epidemic diseases such as malaria. Europe holds the maximum market share in the synthetic biology market, owing to high demand of synthetic biology products like biofuels and increasing R&D activities in the field of synthetic biology. The Europe synthetic biology market was valued at USD 619.5 million in the year 2011, and is expected to grow at a CAGR of 39.8% from 2012 to 2018, to reach USD 6,389.5 million by the year 2018.
The synthetic biology market can be segmented into 4 major categories: synthetic biology market by products, synthetic biology market by enabled product application, synthetic biology technology by enabling technology and synthetic biology by geography. The global synthetic biology market by enabling technology was valued at USD 183.84 million and is expected to grow at a CAGR of 44.7% from 2012 to 2018, to reach an estimated value of USD 1780.40 million by 2018.
Some of the key market players in the synthetic biology market are NEB, Amyris Biotechnology Inc, Blue Heron Biotechnology Inc, Chromatin, Febit Symbio GmbH, Gene Art-Life Science Technologies, Synthetic Genomics, Verdezyne Inc, New England Biolabs Inc, and others.
This research is specially designed to estimate and analyze the demand and performance of synthetic biology products in global scenario. This research provides in-depth analysis of Synthetic biology product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global Synthetic biology market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered.