Global Synthetic Biology Market by Application, Product, and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 175 SKU: IRTNTR43585

Synthetic Biology Market Forecast 2023-2027

The Global Synthetic Biology Market size is estimated to grow by USD 28,253.12 million at a CAGR (Compound Annual Growth Rate) of 25.6% between 2022 and 2027. The growth of the market depends on several factors, including the growing applications of synthetic biology, the rising investments in processes and techniques, and the increasing demand for synthetic genes and synthetic cells.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Drivers

The growing applications of synthetic biology are notably driving the market growth. Synthetic biology helps enhance the efficiency of products such as biochemicals, therapeutics, medicine, biofuels, and other bio-based substitutes. It can be used to design genes using genetic engineering in industries such as agriculture and F&B. In the future, synthetic will be used to develop medicines to fight chronic diseases such as diabetes and cancer.  

The demand for food is rising with the rise in the global population. However, industrialization is leading to a decline in the area of cultivable land. This issue can be mitigated with the help of synthetic technology. This technology can be used to increase yield in low-cultivation land by enhancing properties such as efficient use of water and nutrients, nitrogen fixation and better resistance to pests, and photosynthetic performance. Thus, the increasing number of applications will drive the market growth during the forecast period.

Significant Trends

The evolving regulatory framework around the product is one of the major key market trends. Governments of various countries across the world are working on creating standard guidelines, clear policies, and stringent regulations to tackle the risks associated with synthetic biology. In the US, the Toxic Substances Control Act (TSCA) deals with the potential human health and environmental impacts.

Europe has a cluster of policies at international, community, member state, and local levels. In APAC, many developing countries have not clearly defined synthetic biology, its applications, and its uses. For instance, India is yet to formally come up with its national strategy. The evolving regulatory framework is expected to promote investments, foster innovation, and ensure the safety and efficacy of products, which, in turn, will support market growth and trends during the forecast period.

Major Challenges

Technical challenges may impede market growth. Biological systems are highly complex and do not have predictable linear behavior, as living systems are infinitely complicated. Moreover, moving from the cellular level to the system level increases the magnitude of complexity. Currently, the ability to design organisms is at a very nascent stage. 

There are issues related to the deployment. Scientists and researchers have inadequate knowledge and understanding of synthetic technology. Moreover, biological functions are determined by genetic circuits, which are made of interacting proteins and genes. However, these circuits are often embedded in other complex circuits, and it is difficult to study the core design of the genes. Thus, technical challenges will hamper the growth of the market during the forecast period.

Key Customer Landscape

The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Synthetic Biology Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Agilent Technologies Inc. - The company offers synthetic biology solutions through its subsidiary Stratagene.

The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Algenol
  • Amyris Inc.
  • CD Biosynsis
  • Codexis Inc.
  • Creative Biogene
  • Eurofins Scientific SE
  • Genomatica Inc.
  • GenScript Biotech Corp.
  • Ginkgo Bioworks Holdings Inc.
  • Illumina Inc.
  • Merck KGaA
  • Novozymes AS
  • Sanofi SA
  • Twist Bioscience Corp.
  • Danaher Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Segmentation

The market share growth by the healthcare segment will be significant during the forecast period. Engineered systems of genes and other molecular components created using synthetic biology can help in finding a cure for many health issues and boost the efficacy of medical treatments. Clinical applications are expected to expand in the next few years. 

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The healthcare segment was valued at USD 3,404.40 million in 2017 and continued to grow until 2021. Synthetic biology has many clinical applications. For instance, professors at the Massachusetts Institute of Technology (MIT) have developed a paper that has embedded modified genetic machinery from a cell. In the UK, scientists have developed a two-step process to synthesize DNA that can be used in biological products. Thus, the healthcare segment will contribute a major share to the growth of the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The market in North America is dominated by the US and Canada. The demand is expected to increase in the region owing to factors such as rising investments in synthetic biology companies, increasing demand for bio-based products, and the growing R&D funding. Moreover, governments in the region are trying to increase the output of the healthcare industry, with a high focus on developing personalized therapeutics as well as making high-quality research tools for data reproducibility. Thus, increasing support by government and private institutions is expected to drive the regional market during the forecast period.

Market Analyst Overview

The Synthetic Biology market is undergoing extensive Research Study, incorporating Industry Trend Analysis, Pricing Analysis, and Patent Analysis to understand key stakeholders' buying behavior. Government funding fuels innovation while addressing biosafety, biosecurity, and ethical concerns. Focus on Synthetic Biomedicine research aims to combat chronic disorders like HIV, enhancing quality of life. Initiatives like SynbiCITE and SynBioVen, alongside venture capital investments, foster startups and SMEs in the UK bioeconomy. Leveraging AI and ML in Systems Biology expedites design objectives, facilitating the discovery of therapeutic candidates. BigHat Biosciences leads in antibody discovery, protein engineering, and oligonucleotides & synthetic DNA segments, driving segment growth with novel products and chassis organisms.

Segment Overview

The market research and growth report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Healthcare 
    • Industrial 
    • Food and Agriculture
    • Others 
  • Product Outlook (USD Million, 2017 - 2027)
    • Oligonucleotides 
    • Enzymes 
    • Cloning technology kits
    • Xeno-nucleic acids
    • Chassis organism
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • ROW
      • Australia
      • Argentina
      • Rest of the world

Synthetic Biology Market Scope

Market Report Coverage

Details

Page number

175

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 25.6%

Market growth 2023-2027

USD 28,253.12 million

Market structure

Fragmented

YoY growth 2022-2023(%)

25.35

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 42%

Key countries

US, UK, France, Germany, and China

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Agilent Technologies Inc., Algenol, Amyris Inc., CD Biosynsis, Codexis Inc., Creative Biogene, Eurofins Scientific SE, Genomatica Inc., GenScript Biotech Corp., Ginkgo Bioworks Holdings Inc., Illumina Inc., Merck KGaA, Novozymes AS, Sanofi SA, Twist Bioscience Corp., Danaher Corp., New England Biolabs Inc., Precigen Inc., Synthego Corp., and Thermo Fisher Scientific Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Our market trends and analysis report includes a thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global synthetic biology market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global synthetic biology market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Healthcare - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.4 Industrial - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 6.5 Food and agriculture - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Food and agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Food and agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Food and agriculture - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Food and agriculture - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 51: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 53: Chart on Comparison by Product
      • Exhibit 54: Data Table on Comparison by Product
    • 7.3 Oligonucleotides - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Oligonucleotides - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Oligonucleotides - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Oligonucleotides - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Oligonucleotides - Year-over-year growth 2022-2027 (%)
    • 7.4 Enzymes - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Enzymes - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Enzymes - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Enzymes - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Enzymes - Year-over-year growth 2022-2027 (%)
    • 7.5 Cloning technology kits - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Cloning technology kits - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Cloning technology kits - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Cloning technology kits - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Cloning technology kits - Year-over-year growth 2022-2027 (%)
    • 7.6 Xeno-nucleic acids - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Xeno-nucleic acids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Xeno-nucleic acids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Xeno-nucleic acids - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Xeno-nucleic acids - Year-over-year growth 2022-2027 (%)
    • 7.7 Chassis organism - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Chassis organism - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Chassis organism - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Chassis organism - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Chassis organism - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Product
      • Exhibit 75: Market opportunity by Product ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 77: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 78: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 79: Chart on Geographic comparison
      • Exhibit 80: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 France - Market size and forecast 2022-2027
      • Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 113: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 115: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 117: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 118: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 120: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 121: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 122: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 123: Matrix on vendor position and classification
            • 12.3 Agilent Technologies Inc.
              • Exhibit 124: Agilent Technologies Inc. - Overview
              • Exhibit 125: Agilent Technologies Inc. - Business segments
              • Exhibit 126: Agilent Technologies Inc. - Key news
              • Exhibit 127: Agilent Technologies Inc. - Key offerings
              • Exhibit 128: Agilent Technologies Inc. - Segment focus
            • 12.4 Algenol
              • Exhibit 129: Algenol - Overview
              • Exhibit 130: Algenol - Product / Service
              • Exhibit 131: Algenol - Key offerings
            • 12.5 Amyris Inc.
              • Exhibit 132: Amyris Inc. - Overview
              • Exhibit 133: Amyris Inc. - Product / Service
              • Exhibit 134: Amyris Inc. - Key offerings
            • 12.6 Codexis Inc.
              • Exhibit 135: Codexis Inc. - Overview
              • Exhibit 136: Codexis Inc. - Business segments
              • Exhibit 137: Codexis Inc. - Key offerings
              • Exhibit 138: Codexis Inc. - Segment focus
            • 12.7 Danaher Corp.
              • Exhibit 139: Danaher Corp. - Overview
              • Exhibit 140: Danaher Corp. - Business segments
              • Exhibit 141: Danaher Corp. - Key news
              • Exhibit 142: Danaher Corp. - Key offerings
              • Exhibit 143: Danaher Corp. - Segment focus
            • 12.8 Genomatica Inc.
              • Exhibit 144: Genomatica Inc. - Overview
              • Exhibit 145: Genomatica Inc. - Product / Service
              • Exhibit 146: Genomatica Inc. - Key offerings
            • 12.9 GenScript Biotech Corp.
              • Exhibit 147: GenScript Biotech Corp. - Overview
              • Exhibit 148: GenScript Biotech Corp. - Business segments
              • Exhibit 149: GenScript Biotech Corp. - Key news
              • Exhibit 150: GenScript Biotech Corp. - Key offerings
              • Exhibit 151: GenScript Biotech Corp. - Segment focus
            • 12.10 Ginkgo Bioworks Holdings Inc.
              • Exhibit 152: Ginkgo Bioworks Holdings Inc. - Overview
              • Exhibit 153: Ginkgo Bioworks Holdings Inc. - Product / Service
              • Exhibit 154: Ginkgo Bioworks Holdings Inc. - Key offerings
            • 12.11 Merck KGaA
              • Exhibit 155: Merck KGaA - Overview
              • Exhibit 156: Merck KGaA - Business segments
              • Exhibit 157: Merck KGaA - Key news
              • Exhibit 158: Merck KGaA - Key offerings
              • Exhibit 159: Merck KGaA - Segment focus
            • 12.12 New England Biolabs Inc.
              • Exhibit 160: New England Biolabs Inc. - Overview
              • Exhibit 161: New England Biolabs Inc. - Product / Service
              • Exhibit 162: New England Biolabs Inc. - Key offerings
            • 12.13 Novozymes AS
              • Exhibit 163: Novozymes AS - Overview
              • Exhibit 164: Novozymes AS - Business segments
              • Exhibit 165: Novozymes AS - Key news
              • Exhibit 166: Novozymes AS - Key offerings
              • Exhibit 167: Novozymes AS - Segment focus
            • 12.14 Sanofi SA
              • Exhibit 168: Sanofi SA - Overview
              • Exhibit 169: Sanofi SA - Business segments
              • Exhibit 170: Sanofi SA - Key news
              • Exhibit 171: Sanofi SA - Key offerings
              • Exhibit 172: Sanofi SA - Segment focus
            • 12.15 Synthego Corp.
              • Exhibit 173: Synthego Corp. - Overview
              • Exhibit 174: Synthego Corp. - Product / Service
              • Exhibit 175: Synthego Corp. - Key offerings
            • 12.16 Thermo Fisher Scientific Inc.
              • Exhibit 176: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 177: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 178: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 179: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 180: Thermo Fisher Scientific Inc. - Segment focus
            • 12.17 Twist Bioscience Corp.
              • Exhibit 181: Twist Bioscience Corp. - Overview
              • Exhibit 182: Twist Bioscience Corp. - Product / Service
              • Exhibit 183: Twist Bioscience Corp. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              synthetic biology market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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