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Synthetic Biology Market: Trends, Drivers, and Challenges

Global synthetic biology market was valued at $3.0 billion in 2013 and is expected to reach $38.7 billion by 2020, supported by a CAGR of 44.2% during the forecast period 2013 - 2020.<br>Get sample copy: https://goo.gl/m2GKiy

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Synthetic Biology Market: Trends, Drivers, and Challenges

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  1. Synthetic Biology Market Opportunities and Forecasts 2013–2020

  2. IntroductionofSynthetic Biology Market Synthetic biology is at a nascent stage and has recently entered the commercial market. Many technologies that utilize synthetic biology are yet to be commercialized, and are waiting for approvals from the respective regional regulatory bodies. However, this market is expected to witness the adoption in varied domains, with chemicals, pharmaceuticals, energy and agriculture, as some major application markets. Key factors fueling the growth of this market include assistance from government and private organizations, rising number of entities conducting research and declining cost of DNA sequencing and synthesizing. Bio-safety & bio-security and ethical issues are key restraining factors of the market. The fact that synthetic biology can be misused has raised concerns all around the world. However, as far as the market dynamics are considered, the bottom line is that the overall impact of these factors would be highly positive. Synthetic Biology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $38.7 billion by 2020, registering aCAGR of 44.2% during the period 2014 - 2020.Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020.

  3. Introduction Scopeof theReport KeyBenefits KeyAudiences

  4. KeyBenefits Introduction toSmart Syringes Market • Analysis of the synthetic biology market on the basis of various segments such as products, technology, application and geography is expounded in the report.  • To study the various factors that are enhancing and restraining the growth of the market that would help the market players in deeply understanding the market. • Qualitative as well as quantitative analysis of the current market conditions coupled with future estimations through 2014-2020 would help stakeholders take strategic and profitable decisions. • Geographic analysis of the market would help the companies to plan and take region based decisions. • Porters five forces model helps to understand the bargaining power of buyers and suppliers and threat of the new entrants. • Analysis of the captivating strategies adopted by the market players is conducted and that would assist the stakeholders to take actionable decisions. Syntheticbiologyisanovelareaofresearchthatistheamalgamationofmultipledisciplinessuch as molecular biology, biotechnology, biophysics and genetic engineering among others. There are chiefly two approaches used in synthetic biology namely, top down approach and bottom up approach. Top-down approach involves the re-design and fabrication of existing biological systems for producing synthetic products. Bottom-up approach involves designing and construction of de novo biological systems or devices that do not exist innature. World synthetic biology market was valued at $ 5,245.7 million in 2015, growing at a CAGR of 23% during the forecast period. Assistance from government and private organizations, rising number of synthetic biology research entities and declining cost of DNA sequencing & synthesizing are the major factors driving the market growth. On the contrary, bio-safety & bio-security issues, would hinder the market growth. The issues related to the misuse of synthetic biology or possibilities of accidental release of pathogens into free atmosphere would remain as a key challenge worldwide. However, rising demand for bio-fuels, growing awareness in emerging economies and rising R&D investments for synthetic drugs and vaccines would offer lucrative opportunities in themarket

  5. Table ofContents: Introduction Executive Summary Market Overview OVERVIEW OF DNA SYNTHESIS GLOBAL SYNTHETIC BIOLOGY MARKET BY PRODUCT GLOBAL SYNTHETIC BIOLOGY MARKET BY TECHNOLOGIES GLOBAL SYNTHETIC BIOLOGY MARKET BY APPLICATION SYNTHETIC BIOLOGY MARKET BY GEOGRAPHY Company Profiles Enquiry about report at:https://www.alliedmarketresearch.com/purchase-enquiry/175

  6. Synthetic Biology Market–Segments KEY MARKET SEGMENTS MARKET BY TECHNOLOGY MARKET BY APPLICATION MARKET BY PRODUCTS

  7. Synthetic Biology Market–Segments Introduction toSmart Syringes Market

  8. Synthetic Biology Market–Segments Introduction toSmart Syringes Market

  9. CompanyProfiles BASF GEN9 Inc. Codexis Inc. Algenol Biofuels GenScriptCorporation DuPont Butamax Advanced Biofuels BioAmber Biosearch Technologies, Inc. OriGene Technologies, Inc. Synthetic Genomics, Inc. GeneArt (Life Technologies) GENEWIZ, Inc. Eurofins Scientific, Inc.

  10. ThankYou! For MoreDetails Visit usat https://www.alliedmarketresearch.com/synthetic-biology-market Follow UsOn

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