Synthetic
biology market is expected to grow over the forecast period owing to the
increasing uses of environmental applications such as biodegradation,
contaminants, detection of environmental pathogens, distinct chemicals
immobilization, and bio-transformation. The other growth drivers of this market
are lifestyle induced diseases such as obesity & diabetes, molecular
biology advancement, increase demand for biofuels, sophisticated healthcare
infrastructure, increasing geriatric population rising demand for improved
drugs and vaccines, due to increasing population demand for genetically
modified crops are also rising and awareness. These factors are expected to
drive the market over the forecast period. Synthetic biology refer as
introduction of novel engineering systems, biological based parts, devices and
redesigning of existing biological parts. Biological systems production can be
increased with the help of new preferred functions by developing genetically
modified organisms. Bioscience has witnessed the revolution by the introduction
of synthetic biology as it makes new biological parts, systems and devices with
the help of engineering principles. In commercial market, synthetic biology is
in nascent stage as it is newly introduced in it. Grocery and departmental
store shelves contains the consumer products of which ingredients made by using
advanced form of engineering. Synthetic biology market apart from its original
aim .i.e. manufacturing of biofuels has recently extended its function in the
area of industries such as cosmetics, flavorings and scents. Due to
deforestation and habitat destruction there is a huge pressure on ecosystem, so
with the help of molecular biology and industrial fermentation procedure are
used in the production of renewable algal oils which will reduce the pressure
on ecosystem. Under life sciences, the most vital role of synthetic biology is
the development of cheap synthesis procedure. With the help of synthetic
biology there has been development in sources of green energy, improvement of
food crops, medicines and bio based chemicals. Due to the decrease in the price
of DNA sequencing the cost of data generation has fallen drastically. Synthetic
biology market has a huge opportunity over the forecast period owing to various
investments by the government in this sector.
Product
Insights
Synthetic
biology market is segmented on the basis of product types into DNA synthesis,
enabling product oligonucleotide synthesis, chassis organisms XNA, synthetic
cells, synthetic DNA, synthetic genes, and core product. Among these, synthetic
DNA held the largest market share in 2013 owing to high commercialization and
more R&D.
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Application Insights
Synthetic
biology market is segmented on the basis of application into energy &
environment, biosecurity, R&D, healthcare, bio fuels, chemicals, and
agriculture. Among these, healthcare application held the largest market share
in 2013, owing to effective production of nutraceuticals for preservatives,
vitamins and supplements, new therapeutic method, reprogramming stem cells, and
regenerative medicine.
Technology Insights
Synthetic biology market is segmented on the
basis of technology into bioinformatics, integrated systems, biological
components, genome engineering, and DNA sequencing. Among these, genome
engineering held the largest market share in 2013, owing to its developed
strategies and techniques.
Regional Insights
Geographically, the synthetic biology market is
studied with respect to four regions such as Asia Pacific, Europe, North
America, and RoW. Among these, North America is dominating the whole market in
2013, as it has presence of technologically updated systems, strong research
& development, various government initiatives & programs and high
patient awareness levels in this region. The growing economies in Asia Pacific
such as India and China region are expected to witness lucrative growth over
the forecast period owing to the rising healthcare expenditure, and awareness
about the hospital acquired infection.
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Competitive
Insights
The
major market players in the synthetic biology market are New England Biolabs,
Inc., Cobalt Technologies, DuPont, Inc., Evolva SA, Exxon Mobil Corporation,
Ginkgo Bioworks, GeneWorks Pty Ltd., Gene Script Corporation, Biosearch
Technologies, Inc., Bristol-Myers Squibb, Bioneer Corporation, CBC
Comprehensive Biomarker Center GmbH, ATG:biosynthetics GmbH, Bayer AG, Algenol
Biofuels, Inc., Agrivida, Inc., Amyris Inc.
Table of
Contents
Chapter 1
Executive Summary
1.1.
Synthetic biology - Industry Summary & Critical Success Factors (CSFs)
Chapter 2.
Synthetic biology Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Synthetic biology market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Synthetic biology- Company Market Share Analysis, 2013
2.7. Synthetic biology market PESTEL Analysis, 2013
2.2. Market Size and Growth Prospects
2.3. Synthetic biology market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Synthetic biology- Company Market Share Analysis, 2013
2.7. Synthetic biology market PESTEL Analysis, 2013
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