Synthetic Biology Market is estimated to grow at a CAGR of 28.2% during the forecast period from 2018 to 2025

(IT-NEWSWIRE.COM, March 22, 2019 ) Synthetic Biology Marke, 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 application 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 organization of natural biological systems and design new biological entities offering various advantages to humans.

Synthetic Biology Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

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Key Benefits-

To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Synthetic Biology Market
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Some of The Major Players In Synthetic Biology Market:

1. Thermo Fisher Scientific Inc.
2. Merck KGaA
3. Novozymes
4. Agilent Technologies
5. Amyris
6. GenScript
7. Integrated DNA Technologies, Inc.
8. Twist Bioscience
9. New England Biolabs
10. Synthetic Genomics Inc.

The synthetic biology market is estimated to grow at a CAGR of 28.2% during the forecast period from 2018 to 2025. The market for synthetic biology is estimated to reach US$ 56,044.9 Mn in 2025. The market for synthetic biology is witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. Global synthetic biology market is driven by extensive use of enzymes kits and other gene synthesis products in research institutes and academics. Additionally, 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 also accelerate the market growth. However, competition among existing market players may restrain the growth of the market.

Synthetic Biology Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

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Synthetic Biology Market is estimated to grow at a CAGR of 28.2% during the forecast period from 2018 to 2025