© 2016 Global Market Insights, Inc. USA. All Rights Reserved Synthetic Biology Market is estimated to surpass USD 55 billion by 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Synthetic Biology Market size is estimated to exceed USD 55 billion by 2025; according to a new research report by Global Market Insights, Inc.  Increasing investment by the private sector to accentuate new possibilities emerging from synthetic biology techniques such as cloning, sequencing, gene synthesis, genome engineering, and nanotechnology will support the overall market growth.  Rising demand for enzyme-based kits and solutions required for gene manipulation will boost the synthetic biology market growth. Increase in applications of genome editing technology for improving farming practices will positively influence the product penetration over the forecast timeframe.  Favorable governments policies and guidelines for the promotion of the technology coupled with rising investment by private organizations and research institutes will fuel overall industry growth. Key Insights from Synthetic Biology Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key factors including rising concerns regarding fuel consumption and increasing demand for novel synthetic biology technologies including protein therapeutics and gene synthesis products in research institutes and academic will provide lucrative opportunities for the industry participants. Growing awareness regarding the use of green and environmentally friendly materials such as biofuels owing to declining fossil fuel will further stimulate the demand for the product.  Nucleotide synthesis and sequencing accounted for more than 45% of the market share in Growing application of the technology in molecular diagnosis of inherited disorders have enhanced the scope of the product. Moreover, development of new sets of protecting amino groups, better coupling reagents, and high-throughput synthesizers has revolutionized the nucleotide synthesis and sequencing process for therapeutic and diagnostic applications. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved North America Synthetic Biology Market, By Product, 2018 & 2025 (USD Million)

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