Synthetic Biology Market is Booming Worldwide | Thermo Fischer Scientific, GenScript, DNA2.0, Integrated DNA technologies, Eurofins Scientific

PRESS RELEASE
Published February 21, 2023

Global Synthetic Biology report from Global Insight Services is the single authoritative source of intelligence on Synthetic Biology market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Segments:

The Synthetic Biology Market is segmented by products, technology, application and region. By products, the market is divided into synthetic DNA, synthetic genes, software tools and chassis organisms. Based on technology, it is segmented into genetic engineering, bioinformatics and microfluidics. On the basis of application, it is bifurcated into pharmaceuticals & diagnostics, chemicals, biofuels, bioplastics and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Players:

The Synthetic Biology Market includes players such as Thermo Fischer Scientific, GenScript, DNA2.0, Integrated DNA technologies, Eurofins Scientific, Inc., Origene technologies, Scientific genomics Inc, Editas Medicine, Inc., Pareto Biotechnologies, Blue heron and TeselaGen.

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Key Trends

The key trends in synthetic biology technology are the increasing ability to design and construct custom biological systems and the decreasing cost of doing so. As our understanding of biology improves and technology advances, we are increasingly able to design and build biological systems to perform specific functions.

This includes everything from creating new drugs and vaccines to engineering microorganisms that can produce fuels and other chemicals.

The decreasing cost of synthetic biology is another key trend. As the technology gets more sophisticated and easier to use, the cost of entry is dropping. This is making it possible for more people and organizations to get involved in the field.

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