Welcome!

News Feed Item

Global Synthetic Biology Market Expected to Reach USD13.4 Billion in 2019: Transparency Market Research

ALBANY, New York, April 8, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Synthetic Biology Market (Synthetic DNA, Synthetic Genes, Synthetic Cells, XNA, Chassis Organisms, DNA Synthesis, Oligonucleotide Synthesis)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast,2013 - 2019" the global synthetic biologymarket was valued at USD 1.8 billion in 2012 and is estimated to reach a market worth of USD 13.4 billion in 2019growing at a CAGR of 32.6% from 2013 to 2019.

Synthetic biology is a process where artificial biological devices and systems are produced with the utilization of genetic engineering and biology. It plays an important role in the production ofimproved nutrition or cost effective medicines.Increasing number of scientific research coupled with rising participation of government and private organizations for the development of synthetic biology helps the growth of this market globally.In addition, new product development by key market players in collaboration with other companies will furtherdrive the growth of this market during the study period.

Browse Global Synthetic Biology Market Report with Full TOC at http://www.transparencymarketresearch.com/synthetic-biology-market.html

Rising global marine pollution will also act as a growth driver for the market owing to the fact that synthetic biology helps develop engineered microorganisms that can help curb oil spills and can turn plastics into reusable microplastics. The depleting prices of DNA sequencing act as a growth driver for the market as DNA sequencing is a technology used for developing core products such as synthetic genes and synthetic DNAs. Major market factors restraining the growth of synthetic biology market are ethical issues pertaining to the utilization of synthetic biology products.

Synthetic biology market is mainly segmented by products, by technologies and by applications. The product segment of synthetic biology is further classified as core products and enabling products. Core products market is segmented as synthetic DNA, synthetic genes, synthetic cells, XNA and chassis organisms. While enabling products are segmented as DNA synthesis and oligonucleotide synthesis products.Compared with synthetic biology enabling products, the core products (synthetic genes, cell's DNA and XNA) are widely used and hence in 2012, core product segment covered major market share.Synthetic biology, by technologies segment is divided into genome engineering, DNA sequencing, bioinformatics and biological components and integrated systems. In 2012, synthetic biology genome engineering technology held major market share, owing to its ability to modify specific area of DNA that helps to offer better reproducibility. Application segment of synthetic biology market is classifiedas healthcare, chemicals, agriculture and others. Synthetic biology has continued to prove its efficiency in the development and production of various inexpensive healthcare products such as vaccines and drugs. Also, commercial availability of synthetic DNA and synthetic genes supports the growth of the healthcare application in the synthetic biology market. Thus, all the above mentioned factors collectively drive the growth of synthetic biology in healthcare application market.

Europe is expected to dominate the synthetic biology market during the forecast period.Increasing efforts of European government and private organizations towards the development of this fieldis the major driving factor for the growth of synthetic biology market in Europe.North America contributed the second largest share of the total market in 2012. Introduction of novel technologies by domiciled key players which expand the scope for the development of this field will help the growth of this market in North America.In addition, one key factor driving the growth of synthetic biology market in developed countries (North America and Europe) is the initiative and funding by the government and universities. For example, SynBERC and TESSY are the initiatives of North American and Europe government, respectively, for the development of synthetic biology sector. The main goal of these organizations is to stimulate the growth of synthetic biology field by promoting awareness in respective countries.

Related & Recently Published Reports by Transparency Market Research 


DuPont, Inc., Amyris, Inc. Bayer AG, Royal DSM, Ginkgo Bioworks and Life Technologies Corporation (Thermo Fisher Scientific) are the key players having maximum presence in the global synthetic biology market.

The global synthetic biologymarket is segmented as follows:

  • Synthetic Biology Market, by Products 

    Core Products

  • Browse Global Synthetic Biology Market Report with Full TOC at http://www.transparencymarketresearch.com/synthetic-biology-market.html
  • Synthetic Biology Market, by Technologies 

    Genome Engineering

    DNA Sequencing

    Bioinformatics

    Biological Components and Integrated Systems

  • Synthetic Biology Market, by Applications 

    Healthcare

    Chemicals (Including Bio-Fuels)

    Agriculture

    Others (Biosecurity, R&D, Energy and Environment)

  • Synthetic Biology Market, by Geography 

    North America

    Europe

    Asia-Pacific

    Rest of the World (RoW)


Browse Technology & Media Market Research Reports with TOC @ http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us 

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://transparencymarketresearch.areavoices.com/


SOURCE Transparency Market Research

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...