Synthetic Biology Market Report 2023-2032: Industry Forecast, Growth Strategy, Trends, Future Demand

Posted September 21, 2023 by harishtbrc

Global synthetic biology market size is expected at $39.12 Bn by 2027 at a growth rate of 23.0% and growth analysis by The Business Research Company.
The Business Research Company’s Synthetic Biology Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2023-2032. The Synthetic BiologyGlobal Market Report 2023evaluates synthetic biology market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global synthetic biology market size will grow from $13.11 billion in 2022 to $17.07 billion in 2023 at a compound annual growth rate (CAGR) of 30.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global synthetic biology is expected to grow to $39.12 billion in 2027 at a CAGR of 23.0%.

The synthetic biology market segments in the report are:

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

Top Major Players:
Thermo Fischer Scientific
Integrated DNA Technologies
Twist Bioscience Corporation

North America was the largest region in the synthetic biology market in 2022.

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The table of contents in TBRC’s synthetic biology market report includes:

1. Executive Summary
2. Synthetic Biology Market Characteristics
3. Synthetic Biology Market Trends And Strategies
4. Synthetic Biology Market – Macro Economic Scenario
5. Synthetic Biology Market Size And Growth
26. Africa Synthetic Biology Market
27. Synthetic Biology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Synthetic Biology Market
29. Synthetic Biology Market Future Outlook and Potential Analysis
30. Appendix

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Issued By TBRC
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Categories Technology
Tags synthetic biology market size , synthetic biology market share
Last Updated September 21, 2023