Synthetic Biology Market Analysis, Trends, and Scope 2024 to 2031
Synthetic Biology Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 15.1 Billion |
Market Size by 2031 | US$ 66.4 Billion |
Global CAGR (2023 - 2031) | 20.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Products
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Synthetic Biology Market News and Recent Developments
The Synthetic Biology Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the synthetic biology market are listed below:
- bit.bio and Ginkgo Bioworks announced bit.bio as an inaugural partner of the Ginkgo Technology Network. The Network, launched, is a groundbreaking ecosystem of cutting-edge technology partners committed to collaborating with Ginkgo to provide new, integrated capabilities to drive success in customer R&D programs. (Source: bit.bio, Company Website, February 2024)
- Sumitomo Chemical Co., Ltd and Ginkgo Bioworks announced a new program to develop functional chemicals with synthetic biology and expand upon the companies’ existing biomanufacturing partnership. (Source: Sumitomo Chemical Co., Ltd, Company Website, July 2023)
Synthetic Biology Market Report Coverage and Deliverables
The “Synthetic Biology Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Synthetic biology market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Synthetic biology market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Synthetic biology market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the synthetic biology market
- Detailed company profiles