Product Code: PM3239
The global synthetic biology market size is expected to reach USD 71.51 billion by 2032, according to a new study by Polaris Market Research. The report "Synthetic Biology Market Size, Share & Trends Analysis Report By Product (Enzymes, Cloning Technologies Kits), By Technology, By Application, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rising demand for synthetic biology will rise as a result of the growing number of applications for therapeutic genome editing, multiplexed diagnostics, and cellular recording. The use of products made using synthetic biology methods in fields like energy and chemicals is also likely to have an impact on the market's overall development.
Due to the COVID-19 outbreak, the use of synthetic biology goods has increased over the past two years. Many significant pharmaceutical and biotechnology companies, as well as players in the synthetic biology industry, have increased their research efforts globally by adopting new techniques for developing test kits, therapies, and vaccines for COVID-19. One of the emerging technologies is synthetic biology, according to a study from the European Parliament.
The global market is expected to grow as research and development efforts are expanded across a variety of disciplines. In order to increase the utilisation of cheap inputs like waste and enhance performance of conventional biofuel production, players are using synthetic biology methods.
With the aim of providing effective, useful, and dependable tools to advance RNAi research, the company has a broad variety of knowledge and expertise to produce premium RNAi products, like shRNA clones and siRNA libraries.
Artificial intelligence (AI)/machine learning has lately emerged as a viable alternative to systems biology for the explanation of biological phenomena and the achievement of specific design goals in synthetic biology. Similar efforts to enhance and automate analysis and decision-making in these fields can be seen in the development of machine learning (ML) and artificial intelligence (AI) tools and methods currently being made in the biological and biotechnological fields. AI/ML is still a good choice for analysing system behaviour and boosting interest in synthetic biology applications.
Synthetic Biology Market Report Highlights
The oligonucleotide/oligo segment dominated the market in 2022. Oligonucleotides are the primary component in many molecular and synthetic biology applications. The growing use of targeted NGS, mutagenesis research, DNA computing, and CRISPR gene editing are the primary market drivers for the same.
The PCR market segment held the highest market share in 2022. The Polymerase Chain Reaction is one of the most crucial instruments for the identification and analysis of specific gene sequences. (PCR).
Biosciences Inc., Codexis Inc., Creative Biogene, CREATIVE ENZYMES, Enbiotix Inc., Illumina Inc., Merck Kgaa (Sigma-Aldrich Co. LLC), New England Biolabs, Euro fins Scientific, Novozymes, and Pareto Bio Inc. are a few of the main companies active in the global market.
Polaris Market Research has segmented the Synthetic Biology Market report based on product, technology, application and region:
Synthetic Biology, Product Outlook (Revenue - USD Billion, 2019 - 2032)
- Oligonucleotide/Oligo Pools and Synthetic DNA
- Enzymes
- Cloning Technologies Kits
- Xeno-Nucleic Acids
- Chassis Organism
Synthetic Biology, Technology Outlook (Revenue - USD Billion, 2019 - 2032)
- NGS Technology
- PCR Technology
- Genome Editing Technology
- Bioprocessing Technology
- Other Technologies
Synthetic Biology, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Healthcare
- Non-Healthcare
Synthetic Biology, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Synthetic Biology Market Insights
- 4.1. Synthetic Biology Market - Technology Snapshot
- 4.2. Synthetic Biology Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Funding And Assistance From Government And Private Organization
- 4.2.1.2. Growing Research And Development Activities In Synthetic Biology
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Ethical Issues And Unintended Consequences
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Synthetic Biology Market Technology Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Synthetic Biology Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 5.3. Oligonucleotide/Oligo Pools and Synthetic DNA
- 5.3.1. Global Synthetic Biology Market, by Oligonucleotide/Oligo Pools and Synthetic DNA, by Region, 2019-2032 (USD Billion)
- 5.4. Enzymes
- 5.4.1. Global Synthetic Biology Market, by Enzymes, by Region, 2019-2032 (USD Billion)
- 5.5. Cloning Technologies Kits
- 5.5.1. Global Synthetic Biology Market, by Cloning Technologies Kits, by Region, 2019-2032 (USD Billion)
- 5.6. Xeno-Nucleic Acids
- 5.6.1. Global Synthetic Biology Market, by Xeno-Nucleic Acids, by Region, 2019-2032 (USD Billion)
- 5.7. Chassis Organism
- 5.7.1. Global Synthetic Biology Market, by Chassis Organism, by Region, 2019-2032 (USD Billion)
6. Global Synthetic Biology Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 6.3. Healthcare
- 6.3.1. Global Synthetic Biology Market, by Healthcare, by Region, 2019-2032 (USD Billion)
- 6.4. Non-Healthcare
- 6.4.1. Global Synthetic Biology Market, by Non-Healthcare, by Region, 2019-2032 (USD Billion)
7. Global Synthetic Biology Market, by Technology
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 7.3. NGS Technology
- 7.3.1. Global Synthetic Biology Market, by NGS Technology, By Region, 2019-2032 (USD Billion)
- 7.4. PCR Technology
- 7.4.1. Global Synthetic Biology Market, by PCR Technology, By Region, 2019-2032 (USD Billion)
- 7.5. Genome Editing Technology
- 7.5.1. Global Synthetic Biology Market, by Genome Editing Technology, By Region, 2019-2032 (USD Billion)
- 7.6. Bioprocessing Technology
- 7.6.1. Global Synthetic Biology Market, by Bioprocessing Technology, By Region, 2019-2032 (USD Billion)
- 7.7. Other Technologies
- 7.7.1. Global Synthetic Biology Market, by Other Technologies, By Region, 2019-2032 (USD Billion)
8. Global Synthetic Biology Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Synthetic Biology Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Synthetic Biology Market - North America
- 8.3.1. North America: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.3.2. North America: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.3.3. North America: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Synthetic Biology Market - U.S.
- 8.3.4.1. U.S.: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Synthetic Biology Market - Canada
- 8.3.5.1. Canada: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4. Synthetic Biology Market - Europe
- 8.4.1. Europe: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.3. Europe: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Synthetic Biology Market - UK
- 8.4.4.1. UK: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Synthetic Biology Market - France
- 8.4.5.1. France: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.5.3. France: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Synthetic Biology Market - Germany
- 8.4.6.1. Germany: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Synthetic Biology Market - Italy
- 8.4.7.1. Italy: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Synthetic Biology Market - Spain
- 8.4.8.1. Spain: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Synthetic Biology Market - Netherlands
- 8.4.9.1. Netherlands: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Synthetic Biology Market - Russia
- 8.4.10.1. Russia: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5. Synthetic Biology Market - Asia Pacific
- 8.5.1. Asia Pacific: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Synthetic Biology Market - China
- 8.5.4.1. China: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.4.3. China: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Synthetic Biology Market - India
- 8.5.5.1. India: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.5.3. India: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Synthetic Biology Market - Malaysia
- 8.5.6.1. Malaysia: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Synthetic Biology Market - Japan
- 8.5.7.1. Japan: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Synthetic Biology Market - Indonesia
- 8.5.8.1. Indonesia: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Synthetic Biology Market - South Korea
- 8.5.9.1. South Korea: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.6. Synthetic Biology Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Synthetic Biology Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Synthetic Biology Market - UAE
- 8.6.5.1. UAE: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Synthetic Biology Market - Israel
- 8.6.6.1. Israel: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Synthetic Biology Market - South Africa
- 8.6.7.1. South Africa: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.7. Synthetic Biology Market - Latin America
- 8.7.1. Latin America: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Synthetic Biology Market - Mexico
- 8.7.4.1. Mexico: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Synthetic Biology Market - Brazil
- 8.7.5.1. Brazil: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Synthetic Biology Market - Argentina
- 8.7.6.1. Argentina: Synthetic Biology Market, by Product, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Synthetic Biology Market, by Technology, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Synthetic Biology Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Biosciences Inc
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Codexis, Inc
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Creative Biogene
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. CREATIVE ENZYMES
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Enbiotix, Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Illumina, Inc
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Merck Kgaa (Sigma-Aldrich Co. LLC)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. New England Biolabs
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Euro fins Scientific
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Novozymes
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Pareto Bio, Inc
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development