Increase in number of R&D investments in drug discovery, the improvement and reduced cost of DNA sequencing and synthesizing are the major factors influencing market growth.

Market Size – USD 4.32 billion in 2018, Market Growth - CAGR of 18.9%, Market Trends –Technological advancements along with government investments in R&D

The Synthetic Biology Market is estimated to reach USD 17.36 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the rising need, to know the functioning of genetic elements, cells and biological methods, development of synthetic biology industry. Products produced in this new biological system are used across many applications, including energy, pharmaceutical & diagnostics; bioplastics and environment are expected to become the most common growth factors globally in the coming years.

Synthetic biology is mainly known for the usage of molecular biology along with standard industrial fermentation for the production of renewable, sustainable, algal oils that would reduce the pressure on the ecosystem due to habitat damage and deforestation. Currently, there are customer products in the market, as on department store shelves or grocery that includes the ingredients made using an advanced form of manufacturing and engineering. The primary aim of synthetic biology was the production of biofuels, and it has continued to businesses such as to flavorings, scents, cosmetics, and others.

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The companies operating in the market and profiled in the report include

Thermo Fisher, Merck KGaA, Novozymes, DNA2.0, Eurofins Scientific, Inc., Intrexon, Agilent Technologies, Amyris, Pareto Biotechnologies, GenScript, Integrated DNA Technologies, Ginkgo Bioworks, Synthetic Genomics, New England Biolabs, TeselaGen,  Twist Bioscience

The report offers complete portfolios of the key companies operating in the market including production capacity, revenue share and size, gross margin, sales revenue and margin, business expansion plans, technological advancements, product portfolio, global market position, and financial standing. The report also discusses in detail the recent mergers and acquisitions, joint ventures, product launches and brand promotions, partnerships, collaborations, agreements, and corporate and government deals.

The report further discusses in detail the market segmentation

By Product Outlook (Revenue, USD Million; 2016-2026)

• Synthetic oligos
• Synthetic DNA
• Synthetic genes
• Software tools
• Chassis organisms
• Synthetic clones
• Synthetic cells

By Technology Outlook (Revenue, USD Million; 2016-2026)

• Gene synthesis
• DNA Sequencing
• Genome Engineering
• Biological Components
• Integrated Systems
• Bioinformatics

Application Outlook (Revenue, USD Million; 2016-2026)

• Pharmaceuticals and diagnostics
• Biofuels
• Agriculture
• Healthcare
• Others

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The report focuses on evaluation of the Synthetic Biology market in major regions and the countries included in those regions. The report evaluates the key aspects of the global market such as production and consumption patterns, supply and demand ratio, import and export, economic growth, technological developments, and robust presence of key players in the region. The report also offers a country wise analysis to offer better information about the Synthetic Biology market scope in key regions and crucial factors influencing market growth in major countries. Regional analysis covers the following:

• North America
  • Canada
  • U.S.
  • Mexico
• Europe
  • Germany
  • Italy
  • U.K.
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of MEA

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Key Advantages of the Synthetic Biology Market Report:

• Detailed analysis of changing dynamics of the global Synthetic Biology market
• Valuable insights on key market growth driving trends and monetary competence over the forecast period
• SWOT analysis and Porter’s Five Forces analysis for each key market player to offer competitive advantage to readers and investors
• Comprehensive assessment of competitive landscape and regional analysis
• Assessment of key factors driving and restraining market growth
• Analysis of threats, limitations, growth prospects, opportunities, and barriers in the market
• Strategic recommendations to key market players and new entrants to assist them in gaining a robust footing in the market

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About Reports and Data                              

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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