Synthetic Biology Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Transparency Market

Research

Synthetic Biology Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast,2013 – 2019

Published Date

2014-04-08

143 Page Report

Buy Now

Request Sample

Press Release

Synthetic Biology Market to Surge Ahead at 32.6% CAGR From

2013 - 2019 Supported by Healthcare Applications

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Synthetic Biology Market

REPORT DESCRIPTION

Synthetic Biology Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast,2013 – 2019

Synthetic biology is on the path to becoming a US$13.4 billion market by 2019, exhibiting a

sharp CAGR of 32.6% between 2013 and 2019, estimates Transparency Market Research in its

latest report. The report, titled “Synthetic Biology Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast,2013 - 2019”, puts the value of the market at US$1.8 billion in

2012.Synthetic biology is a process that utilizes biology and genetic engineering to produce

artificial biological systems and devices. The process is proving to be especially pivotal in

producing affordable medicines and improved nutritional products. The report zeroes in the

following key factors that have shaped the growth curve of the global synthetic biology market:

Increased government participation and investments being routed into scientific research as well

as active initiatives taken by private players in R&D.

Besides pharmaceutical and nutrition-related applications, synthetic biology has been used for

mitigating the damaging effects of marine pollution. The process has been extensively applied

for developing engineered microorganisms to limit oil spill damages. Additionally, researchers

have successfully used synthetic biology to convert regular plastics into microplastics that can be

re-used. With...