Big Market Research publishes a report titled "Global Synthetic Biology Market (Products, Technologies, Applications and Geography) - Global Opportunity Analysis and Forecast - 2013 – 2020."
The report expects the global synthetic biology market to reach $38.7 billion by the year 2020, registering a CAGR of 44.2% during 2014 - 2020. Europe holds largest share in the overall market and would continue to remain by 2020. However, Asia Pacific would grow rapidly, enrolling a CAGR of 46.4% from 2014 to 2020.
To Get More Details: http://www.bigmarketresearch.com/synthetic-biology-market
The market would experience adoption in wide-ranging domains such as chemicals, energy and agriculture, pharmaceuticals. Factors contributing towards the market growth are support from government and private organizations, increasing research and falling prices in DNA sequencing and synthesizing. Bio-safety & bio-security and ethical issues are slowing down the market growth.
The report segments the market into product, technology, application, and geography. The product market within synthetic biology is sub- segmented into enabling products, enabled products and core products. Enabling product is growing quickly due to numerous researches that would provide innovative ideas.
DNA synthesis holds the largest share within enabling products sector, whereas, oligonucleotide synthesis would grow fastest with a CAGR of 57.8% during 2014-2020.
In terms of technology, the report segments the Synthetic biology market into enabled technology and enabling technology. With an impressive CAGR of 48.6%, enabling technology is growing rapidly. In terms of application the market is classified based on chemicals, agriculture, research & development, biofuels, pharmaceuticals & diagnostics, and others. Europe generates the maximum revenue; while, Asia Pacific would grow fastest during the analyzed period.
Major companies analyzed by the market are
Butamax Advanced Biofuels
BioSearch Technologies, Inc.
Origene Technologies, Inc.
Synthetic Genomics, Inc.
Browse Similar Reports:
Global Tissue Engineering and Regeneration Market http://www.bigmarketresearch.com/tissue-engineering-and-regeneration-market
Global C- Reactive Protein Testing Market http://www.bigmarketresearch.com/c-reactive-protein-testing-market
With the arsenal of different search reports, we help you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency.
With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.
5320 SW Macadam Avenue,
Portland, OR 97239,
Direct: +1 (617) 674-4143
Toll Free: +1 (855) 711-1555
Fax: +1 (855) 550-5975