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Date Submitted: 06/21/2016 04:57 AM
Global Synthetic Biology Market is expected to Grow more than US$
38 Billion by 2020 - by Market Research Engine
New York, June 19: Market Research Engine has published a new report titled as
“Synthetic Biology Market (Synthetic DNA, Synthetic Genes, Synthetic Cells, XNA,
Chassis Organisms, DNA Synthesis, Oligonucleotide Synthesis) - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”
Synthetic biology also called as constructive biology or system biology in which creating and
designing new biological device, part which is not exist in environment. It also reconstructs
the existing system to perform better job. It is branch of biology as well as engineering. The
main aim of synthetic biology is to develop biological system same like engineers produce
mechanical and electronic system. System based on molecular are helpful in detection and
changes in health of body. It also helpful in developing synthetic vaccines. Synthetic
biology plays vital role in HIV and cancer treatment. Synthetic biology accepts different
technology such as nano-technology, bio-technology and more.
Browse Full Report: http://www.marketresearchengine.com/reportdetails/syntheticbiology-market
The synthetic biology market is expected to exceed more than US$38 billion by 2020.
The major driving factors of synthetic biology market are as follows:
Financial support and assistance from government and private organizations.
Increasing number of individual conducting research.
Growing number of industries entering in the market.
Declining price of DNA sequencing.
The restraints factors of synthetic biology market are as follows:
Issue related bio-safety and bio-security
Creation of strict regulatory bodies
Formation of ethical challenges
The synthetic biology market is segmented on the lines of its product, technology and
application. The synthetic biology is segmented on the lines of its product are enabled
products, core...