Synthetic Biology Market is Expected to Reach USD 16.7 Billion Globally in 2018: Transparency Market Research
ALBANY, New York, August 21, 2012 /PRNewswire/ –
According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Synthetic Biology Market, Global Industry
Analysis, Size, Growth, Share and Forecast, 2012 – 2018
[http://www.transparencymarketresearch.com/synthetic-biology-market.html ]“, global
Synthetic biology market was worth USD 1,537.5 million in 2011. The market grew to a value
of USD 2,120 million in 2012, and is expected to reach USD 16,745 million by 2018, growing
at a CAGR of 41.1% from 2010 to 2018. In the overall global market, Europe holds the
maximum market share, and is expected to maintain its lead position in terms of revenue
till 2018.
Browse the full report at
http://www.transparencymarketresearch.com/synthetic-biology-market.html
The global Synthetic biology market is driven by factors such as increasing incidence
of oceanic oil spills and other types of pollutions, potential substitute of genetic
engineering, increasing demand for cross bred animals, dropping prices of DNA sequencing
and DNA synthesis, increasing population is increasing the demand for GM (Genetically
Modified) food, increasing demand for alternative energy resources like biofuels, and
rising R&D investments in drug development.
Some of the opportunities in the synthetic biology market
[http://www.transparencymarketresearch.com/synthetic-biology-market.html ] which would
drive the revenue of the industry in the future include rising economies of Asia Pacific
regions and the BRICS nations, and increasing investments of WHO and other NGOs in third
world countries to fight epidemic diseases such as malaria. Europe holds the maximum
market share in the synthetic biology market, owing to high demand of synthetic biology
products like biofuels and increasing R&D activities in the field of synthetic biology.
The Europe synthetic biology market was valued at USD 619.5 million in the year 2011, and
is expected to grow at a CAGR of 39.8% from 2012 to 2018, to reach USD 6,389.5 million by
the year 2018.
The synthetic biology market can be segmented into 4 major categories: synthetic
biology market by products, synthetic biology market by enabled product application,
synthetic biology technology by enabling technology and synthetic biology by geography.
The global synthetic biology market by enabling technology was valued at USD 183.84
million and is expected to grow at a CAGR of 44.7% from 2012 to 2018, to reach an
estimated value of USD 1780.40 million by 2018.
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Some of the key market players in the synthetic biology market are NEB, Amyris
Biotechnology Inc, Blue Heron Biotechnology Inc, Chromatin, Febit Symbio GmbH, Gene
Art-Life Science Technologies, Synthetic Genomics, Verdezyne Inc, New England Biolabs Inc,
and others.
This research is specially designed to estimate and analyze the demand and performance
of synthetic biology products in global scenario. This research provides in-depth analysis
of Synthetic biology product manufacturers, product sales, trend analysis by segments and
demand by geography. The report covers all the major product segments of the global
Synthetic biology market and provides in-depth analysis, historical data and statistically
refined forecast for the segments covered. The study presents a comprehensive assessment
of the stakeholder strategies and winning imperatives for them by segmenting the global
Synthetic biology market as below:
1) Synthetic Biology Market by Products
Enabling Products
1) Synthetic Biology Enabled Products by Application
Chemicals and Energy Market
Diagnostics and Pharmaceutical Market
Biofuels Market
1) Synthetic Biology Market by Enabling Technologies
Synthetic Biology Enabling Technology
Synthetic Biology Enabling Technologies, Market Overview
DNA Sequencing Technologies
Bioinformatics Technologies
Biological Components and Integrated Systems Applications
Genome Engineering
In addition the report provides a cross-sectional analysis of all the above segments
with respect to the North America, Europe and Asia Pacific regions.
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