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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.
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Synthetic Biology Market To Reach USD 17.36 Billion By 2026
Market Summary 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. Synthetic Biology 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
Our Approach Our Approach Market Summary 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. Key participants 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 Get a Free Sample PDF Report to understand our report before you purchase @ https://www.reportsanddata.com/sample-enquiry-form/1476
Our Approach Our Approach Market Summary Further key findings from the report suggest • Synthetic DNA of the product segment is estimated to reach USD 3.80 billion by 2026 at the highest CAGR of 19.0% during the forecast period. • The penetration rate is high due to its widespread use in R&D and commercialization than any other product segments. • Genome engineering technology accounts for a market share of 22.6% in 2018. It has emerged as the most notable technology utilized in synthetic biotechnology. • The researchers anticipate this technology to advance in the forthcoming years. • Also, other factors, such as advancements in DNA synthesis technologies and CRISPR- toolbox, the need for cheap, rapid, multiplex alteration of genomes, and ongoing research activities are anticipated to drive the growth of the genome engineering during the forecast period…Continued Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount- enquiry-form/1476
Our Approach Our Approach Market Summary For the purpose of this study, Reports and Data have segmented the global Synthetic Biology Market on the basis of, Product, Technology, Application and region: By Product Outlook (Revenue, USDMillion; 2016-2026) • Synthetic oligos • Synthetic DNA • Synthetic genes • Software tools • Chassis organisms • Synthetic clones • Synthetic cells Do you have questions about the Report or want to inquire about a Discount? Ask our Expert: https://www.reportsanddata.com/discount-enquiry-form/1476
Our Approach Our Approach Market Summary By Technology Outlook (Revenue, USDMillion; 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 Read the Comprehensive Report with a meticulous TOC and panoramic coverage of the market: https://www.reportsanddata.com/report-detail/synthetic-biology-market
Our Approach Our Approach About Us About Us 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 a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com