Global Synthetic Biology Market 2025: by Regions, Type and Application

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Synthetic Biology Market is estimated to surpass
USD 55 billion by 2025
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Key Insights from Synthetic Biology Market

• Synthetic Biology Market size is estimated to
  exceed USD 55 billion by 2025 according to a new
  research report by Global Market Insights, Inc.
• Increasing investment by the private sector to
  accentuate new possibilities emerging from
  synthetic biology techniques such as cloning,
  sequencing, gene synthesis, genome engineering,
  and nanotechnology will support the overall
  market growth.
• Rising demand for enzyme-based kits and solutions
  required for gene manipulation will boost the
  synthetic biology market growth. Increase in
  applications of genome editing technology for
  improving farming practices will positively
  influence the product penetration over the
  forecast timeframe.
• Favorable governments policies and guidelines for
  the promotion of the technology coupled with
  rising investment by private organizations and
  research institutes will fuel overall industry
  growth.

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Continued...

• Key factors including rising concerns regarding
  fuel consumption and increasing demand for novel
  synthetic biology technologies including protein
  therapeutics and gene synthesis products in
  research institutes and academic will provide
  lucrative opportunities for the industry
  participants. Growing awareness regarding the use
  of green and environmentally friendly materials
  such as biofuels owing to declining fossil fuel
  will further stimulate the demand for the
  product.
• Nucleotide synthesis and sequencing accounted for
  more than 45 of the market share in 2018.
  Growing application of the technology in
  molecular diagnosis of inherited disorders have
  enhanced the scope of the product. Moreover,
  development of new sets of protecting amino
  groups, better coupling reagents, and
  high-throughput synthesizers has revolutionized
  the nucleotide synthesis and sequencing process
  for therapeutic and diagnostic applications.

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North America Synthetic Biology Market, By
Product, 2018 2025 (USD Million)

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