Synthetic Biology Market Insights and Forecasting Future Developments Report To 2030

in #synthetic • 23 days ago

The global synthetic biology market size is expected to reach USD 42.06 billion by 2030, registering a CAGR of 17.30% 2025 to 2030, according to a new report by Grand View Research, Inc. The presence of government and private funding to support research in vaccines and a strong synthetic biologic-based product pipeline in clinical trials are the key driving factors for the market. Synthetic biology processes provide crucial advantages for producing antigen and diagnostic reagents for disease identification, accelerating the speed of vaccine development, and improving overall vaccine performance and yield.

 

Furthermore, support from government agencies and the presence of several programs are likely to boost the market growth. For instance, in the U.S., COVID-19 vaccine R&D, manufacture, regulation, and purchase have been highly supported by collaboration between federal agencies, including the Biomedical Advanced Research and Development Authority (BARDA), the National Institutes of Health (NIH), DOD, FDA, and others (formerly OWS).

 

Gather more insights about the market drivers, restrains and growth of the Global Synthetic Biology Market

 

The growing demand for personalized medicine is expected to majorly drive market growth during the coming years. The use of engineered novel proteins for use as therapeutics has demonstrated synthetic biology in the medical segment. These proteins are designed with some modified protein structure to get the desirable properties required for the treatment. For instance, researchers are developing a therapeutic enzyme candidate that is GI-stable and can be given via oral route to treat Phenylketonuria (PKU).

 

On the other hand, synthetic biology has raised a few concerns regarding biosecurity and biosafety. Exposure to these products may cause unknown hazards to public health and the environment. To prevent such issues, countries of Europe, the Americas, and Asia have formulated policies to manage the application of synthetic biology techniques in basic & applied research.

 

Synthetic Biology Market Report Highlights

 

• By technology, the PCR segment held the largest share of the market. This is attributed to the accelerated development in modern life science, with PCR technology being widely employed in numerous fields of medical research, virus detection, and the food & beverage industry

• The genome-editing segment is expected to grow steadily during the forecast period. It enables researchers to modify the DNA of various organisms, including plants, bacteria, and animals, and their demand is expected to skyrocket in the coming years

• By product, Oligonucleotide and Synthetic DNA is anticipated to have the larger market share in 2030. The falling price of synthesis and increasing requirement for synthetic DNA, RNA, and genes that are employed in numerous applications contribute to the segment growth

• By application, the healthcare segment held a larger global market share. This is attributed to an increase in drug screening and discovery. Moreover, the use of synthetic biology can reduce the cost of drug discovery and propel market growth

• By end-user, the biotechnology and pharmaceutical companies segment held a larger share in 2024, owing to the growing availability of modern research facilities, favorable legislation, and government assistance and funding

• North America was positioned as the dominant market in 2024 due to the presence of high R&D investment, the availability of technologically advanced healthcare research frameworks, and the development of the synthetic biology market in the region

• The Asia Pacific is expected to witness considerable growth in the future owing to the rising development of personalized treatment and the presence of key players

 

Browse through Grand View Research's Biotechnology Industry Research Reports.

 

• The global primary cells market size was estimated at USD 2.02 billion in 2023 and is projected to grow at a CAGR of 10.39% from 2024 to 2030.

• The global flow cytometry market size was estimated at USD 4.32 billion in 2023 and is projected to grow at a CAGR of 6.96% from 2024 to 2030.

 

Segments Covered in the Report

 

Grand View Research has segmented the global synthetic biology market based on product, technology, application, end use, and region

 

Synthetic Biology Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Oligonucleotide/Oligo Pools and Synthetic DNA

  • Enzymes

  • Cloning Technologies Kits

  • Xeno-Nucleic Acids

  • Chassis Organism

 

Synthetic Biology Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • NGS Technology

  • PCR Technology

  • Genome Editing Technology

  • Bioprocessing Technology

  • Other Technologies

 

Synthetic Biology Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Healthcare

    • Clinical

      • Bio/Pharmaceuticals

      • Diagnostics

    • Non-Clinical

  • Non-healthcare

    • Biotech Crops

    • Specialty Chemicals

    • Bio-fuels

    • Others

 

Synthetic Biology End Use Outlook (Revenue, USD Million, 2018 - 2030)

  • Biotechnology and Pharmaceutical companies

  • Academic and Research Institutes

  • Others

 

Synthetic Biology Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Denmark

    • Sweden

    • Norway

  • Asia Pacific

    • Japan

    • China

    • India

    • South Korea

    • Australia

    • Thailand

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait

 

Order a free sample PDF of the Synthetic Biology Market Intelligence Study, published by Grand View Research.

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