United States Synthetic Biology Market Size, Industry Trends, Share and Forecast 2019-2025
The US synthetic biology market is anticipated to grow at a
CAGR of 31.8% during the forecast period. The synthetic biology market in the
US is driven by extensive funding by government officials, increasing number of
companies in the field of synthetic biology and technological advancements in
the life science sector. Since the beginning of synthetic biology, the US has
been conducting synthetic biology research for more than 15 years and has made
progress. The US is the largest investor in public research funding and it
continues to increase its investment in order to maintain its position at the
global level.
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Large-scale integrated programs
are being funded by the government agencies such as the NSF and DARPA to
innovate solutions for sustainable development. Furthermore, the increasing
roadmap studies in synthetic biology by the US is promoting R&D in
synthetic biology. Road-map studies enable R&D strategies to address key
challenges and enable innovative applications. It is anticipated that with the
sustainable strategic investment from the US government agencies, synthetic
biology will continue to thrive in both basic and applied research in the US.
The US synthetic biology market
is segmented on the basis of product, technology, and applications. Based on
the product, the market is segmented into enabling products, core products, and
enabled products. Core product includes synthetic genes, synthetic cells,
synthetic DNA, chassis organisms and Xeno Nucleic Acid (XNA), and are expected
to hold a significant share in the market owing to extensive use of core
products in R&D. Based on technology, the market is segmented into, and
gene synthesis & sequencing, genome engineering, bioinformatics, and others.
Based on application, the market is segmented into medical applications,
industrial applications, food & agriculture, and environmental
applications.
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United States Synthetic Biology Market Segmentation
By Product
·
Enabling Product
·
Core Product
·
Enabled Product
By Technology
·
Gene Synthesis & Sequencing
·
Genome Engineering
·
Bioinformatics
·
Others
By Application
·
Medical Application
·
Industrial Application
·
Food & Agriculture
·
Environmental Application
Company Profiles
·
Algenol
·
Amyris, Inc.
·
Butamax Advanced Biofuels LLC
·
Codexis, Inc.
·
DNA TwoPointO, Inc. (ATUM)
·
E. I. du Pont de Nemours and Co.
·
Editas Medicine, Inc.
·
Genewiz, Inc.
·
GenScript Biotech Corp.
·
Intellia Therapeutics, Inc.
·
Integrated DNA Technologies, Inc.
·
Merck KGaA
·
OriGene Technologies, Inc.
·
Synthetic Genomics, Inc.
·
Synthorx, Inc.
·
Thermo Fisher Scientific, Inc.
·
Twist Bioscience Corp.
·
Vedanta Biosciences, Inc.
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