Market Overview:
The global synthetic biology market reached a value of US$ 11.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 32.93 Billion by 2027, exhibiting a CAGR of 18.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Synthetic biology refers to a field of research involving the construction and designing of new biological entities, such as enzymes, genetic circuits, and cells or redesigning organisms for valuable purposes by engineering them to have unique abilities. It combines the chemical synthesis of deoxyribonucleic acid (DNA) with genomics to enable researchers to manufacture cataloged DNA sequences and assemble them into new genomes. It assists in improving the environment by discovering novel ways to reduce pollution, making industrial processes for chemical synthesis sustainable, and removing the need for damaging farming practices by making better fertilizers.
Synthetic Biology Market Trends:
In recent years, improvements in the speed and cost of DNA synthesis have enabled scientists in designing and synthesizing modified bacterial chromosomes, which can be utilized in the production of advanced biofuels, bio-products, renewable chemicals, and bio-based specialty chemicals. This, in confluence with increasing investments in synthetic biology, represents one of the key factors impelling the growth of the market. Moreover, synthetic biology is employed in the healthcare sector as it can help improve diagnosis and develop better treatment options for numerous diseases, directed only towards the site of disease without causing any adverse effects. Besides this, there is a significant rise in the use of genetically engineered viruses to correct defective genes in patients with inherited diseases like epidermolysis bullosa or severe combined immune deficiency (SCID). Apart from this, tools for performing synthetic biology are becoming more accessible, and the internet penetration has enabled ideas and information to be freely exchanged, which is facilitating the market growth. Furthermore, significant growth in the healthcare sector and the rising number of synthetic biology research entities worldwide are positively influencing the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global synthetic biology market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology and application.
Breakup by Product:
- Oligonucleotide/Oligo Pools and Synthetic DNA
- Enzymes
- Cloning Technologies Kits
- Xeno-nucleic Acids
- Chassis Organism
Breakup by Technology:
- NGS Technology
- PCR Technology
- Genome Editing Technology
- Bioprocessing Technology
- Others
Breakup by Application:
- Healthcare
- Clinical
- Non-Clinical/Research
- Non-Healthcare
- Biotech Crops
- Specialty Chemicals
- Bio-Fuels
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agilent Technologies Inc., Amyris Inc., Codexis Inc., Danaher Corporation, Eurofins Scientific, GenScript Biotech Corporation, Illumina Inc., Merck KGaA, New England Biolabs, Synthego Corporation, Thermo Fisher Scientific Inc., Twist Bioscience and Viridos Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product, Technology, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Agilent Technologies Inc., Amyris Inc., Codexis Inc., Danaher Corporation, Eurofins Scientific, GenScript Biotech Corporation, Illumina Inc., Merck KGaA, New England Biolabs, Synthego Corporation, Thermo Fisher Scientific Inc., Twist Bioscience and Viridos Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global synthetic biology market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global synthetic biology market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global synthetic biology market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Synthetic Biology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Oligonucleotide/Oligo Pools and Synthetic DNA
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Enzymes
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Cloning Technologies Kits
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Xeno-nucleic Acids
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Chassis Organism
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Technology
7.1 NGS Technology
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 PCR Technology
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Genome Editing Technology
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Bioprocessing Technology
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
8.1 Healthcare
8.1.1 Market Trends
8.1.2 Key Segments
8.1.2.1 Clinical
8.1.2.2 Non-Clinical/Research
8.1.3 Market Forecast
8.2 Non-Healthcare
8.2.1 Market Trends
8.2.2 Key Segments
8.2.2.1 Biotech Crops
8.2.2.2 Specialty Chemicals
8.2.2.3 Bio-Fuels
8.2.2.4 Others
8.2.3 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Agilent Technologies Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Amyris Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Codexis Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Danaher Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Eurofins Scientific
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 GenScript Biotech Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Illumina Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Merck KGaA
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 New England Biolabs
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Synthego Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Thermo Fisher Scientific Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Twist Bioscience
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.13 Viridos Inc.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Synthetic Biology Market: Major Drivers and Challenges
Figure 2: Global: Synthetic Biology Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Synthetic Biology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Synthetic Biology Market: Breakup by Product (in %), 2021
Figure 5: Global: Synthetic Biology Market: Breakup by Technology (in %), 2021
Figure 6: Global: Synthetic Biology Market: Breakup by Application (in %), 2021
Figure 7: Global: Synthetic Biology Market: Breakup by Region (in %), 2021
Figure 8: Global: Synthetic Biology (Oligonucleotide/Oligo Pools and Synthetic DNA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Synthetic Biology (Oligonucleotide/Oligo Pools and Synthetic DNA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Synthetic Biology (Enzymes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Synthetic Biology (Enzymes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Synthetic Biology (Cloning Technologies Kits) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Synthetic Biology (Cloning Technologies Kits) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Synthetic Biology (Xeno-nucleic Acids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Synthetic Biology (Xeno-nucleic Acids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Synthetic Biology (Chassis Organism) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Synthetic Biology (Chassis Organism) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Synthetic Biology (NGS Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Synthetic Biology (NGS Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Synthetic Biology (PCR Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Synthetic Biology (PCR Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Synthetic Biology (Genome Editing Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Synthetic Biology (Genome Editing Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Synthetic Biology (Bioprocessing Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Synthetic Biology (Bioprocessing Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Synthetic Biology (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Synthetic Biology (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Synthetic Biology (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Synthetic Biology (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Synthetic Biology (Non-Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Synthetic Biology (Non-Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Synthetic Biology Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Synthetic Biology Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Synthetic Biology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Synthetic Biology Industry: SWOT Analysis
Figure 82: Global: Synthetic Biology Industry: Value Chain Analysis
Figure 83: Global: Synthetic Biology Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Synthetic Biology Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Synthetic Biology Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Synthetic Biology Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Synthetic Biology Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Synthetic Biology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Synthetic Biology Market: Competitive Structure
Table 7: Global: Synthetic Biology Market: Key Players