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(Medical-NewsWire.com, January 20, 2016 ) The global synthetic biology market is growing, due to increasing support from government organizations, and growing geriatric population. In addition, the innovative and advanced applications of synthetic biology, increasing research activities, and increasing R&D investments in drug discovery and development are also supporting the growth of this market.
Explore More About “Global Synthetic Biology Market” at: https://www.psmarketresearch.com/market-analysis/synthetic-biology-market
On the basis of type of segment, the technology segment is expected to be the largest market and would witness fastest growth during the forecast period. Among the application segment, pharmaceutical and diagnostic had the largest market size in the global market in 2014.
The information and data in the publication “Global Synthetic Biology Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Enabling Technology (Gene Synthesis, Bioinformatics, Genome Engineering, Cloning, Mutagenesis, Gene Measurement & Modeling, Microfluidics, and Others); by Enabled Technology (Pathway Engineering, and Next-Generation Sequencing); By Tool (Oligonucleotides, Cloning Kits, Enzymes, Xeno Nucleic Acid, Chassis Organisms, and Others), By Application (Pharmaceutical & Diagnostics, Chemical, Energy, Agriculture, and Others)” represent the research and analysis of data from various primary and secondary sources.
Browse Related Research: https://www.psmarketresearch.com/industry-report/healthcare
The increasing support from government organizations and growing geriatric population are playing a pivotal role in the growth of this market. Some of the major organizations include National Science Foundation (NSF), National Aeronautics and Space Administration (NASA), Centre for Chemical and Synthetic Biology (CCSB), Synthetic Biology Engineering Research Center (SynBERC), and International Association Synthetic Biology (IASB). These organizations are providing support in form of funding, and initiatives implemented by them for basic and applied research with their respective goals.
Geographically, North America dominated the global market, among all the regions in 2014; and it is expected to grow with a CAGR of 35.2% during the period 2015 – 2020. However, the Asian market is expected to witness fastest growth, with a CAGR of 39.8% during the forecast period.
The key companies operating in the global synthetic biology market include E. I. du PONT de Nemours and Company, Amyris Inc., GenScript USA Inc., Intrexon Corporation, Thermo Fisher Scientific Inc., Synthetic Genomics Inc., Royal DSM, Novozymes A/S, New England Biolabs Inc., and Integrated DNA Technologies Inc.
SYNTHETIC BIOLOGY MARKET SEGMENTATION
Breakdown by Segment
Technology
o Enabled Technology
Gene Synthesis
Bioinformatics
Genome Engineering
Cloning
Mutagenesis
Gene Measurement and Modeling
Microfluidics
o Enabling Technology
Pathway Engineering
Next Generation Sequencing
Tool
Oligonucleotide
Cloning Kit
Enzyme
Xeno Nucleic Acid
Chassis Organisms
Breakdown by Application
Pharmaceutical and R&D
Chemical
Energy
Agriculture
Breakdown by Geography
North America - The U.S., Canada, and Rest of North America
Europe - the U.K., Germany, France, Italy, Spain, and Rest of Europe
Asia - China, Japan, India, and Rest of Asia
Rest of the World (RoW)
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