Synthetic Biology Market is Expected to Reach USD 16.7 Billion Globally in 2018: Transparency Market Research

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Synthetic Biology Market is Expected to Reach USD 16.7 Billion Globally in 2018: Transparency Market Research

PR Newswire ALBANY, New York, August 21, 2012

ALBANY, New York,August 21, 2012/PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Synthetic Biology Market, Global Industry Analysis, Size, Growth, Share and Forecast, 2012 - 2018", global Synthetic biology market was worthUSD 1,537.5 millionin 2011. The market grew to a value ofUSD 2,120 millionin 2012, and is expected to reachUSD 16,745 millionby 2018, growing at a CAGR of 41.1% from 2010 to 2018. In the overall global market,Europeholds the maximum market share, and is expected to maintain its lead position in terms of revenue till 2018. Browse the full report at http://www.transparencymarketresearch.com/synthetic-biology- market.html The global Synthetic biology market is driven by factors such as increasing incidence of oceanic oil spills and other types of pollutions, potential substitute of genetic engineering, increasing demand for cross bred animals, dropping prices of DNA sequencing and DNA synthesis, increasing population is increasing the demand for GM (Genetically Modified) food, increasing demand for alternative energy resources like biofuels, and rising R&D investments in drug development. Some of the opportunities in the synthetic biology market which would drive the revenue of the industry in the future include rising economies ofAsia Pacific regions and the BRICS nations, and increasing investments of WHO and other NGOs in third world countries to fight epidemic diseases such as malaria. Europeholds the maximum market share in the synthetic biology market, owing to high demand of synthetic biology products like biofuels and increasing R&D activities in the field of synthetic biology. TheEuropesynthetic biology market was valued atUSD 619.5 millionin the year 2011, and is expected to grow at a CAGR of 39.8% from 2012 to 2018, to reachUSD 6,389.5 millionby the year 2018. The synthetic biology market can be segmented into 4 major categories: synthetic biology market by products, synthetic biology market by enabled product application, synthetic biology technology by enabling technology and synthetic biology by geography. The global synthetic biology market by enabling technology was valued atUSD 183.84 millionand is expected to grow at a CAGR of 44.7% from 2012 to 2018, to reach an estimated value ofUSD 1780.40 millionby 2018.

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Nutraceuticals Ingredients Market surgical equipment market size COPD Drugs Market Spectrometry Market Share Wound Dressing Market http://www.transparencymarketresearch.com/chromatography- market.html Bioplastics Market Pet Food MarketShare CSCs Market Some of the key market players in the synthetic biology market are NEB, Amyris Biotechnology Inc, Blue Heron Biotechnology Inc, Chromatin, Febit Symbio GmbH, Gene Art-Life Science Technologies, Synthetic Genomics, Verdezyne Inc, New England Biolabs Inc, and others. This research is specially designed to estimate and analyze the demand and performance of synthetic biology products in global scenario. This research provides in-depth analysis of Synthetic biology product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global Synthetic biology market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the global Synthetic biology market as below: 1.Synthetic Biology Market by Products Enabling Products 2.Synthetic Biology Enabled Products by Application Chemicals and Energy Market Diagnostics and Pharmaceutical Market Biofuels Market 3.Synthetic Biology Market by Enabling Technologies Synthetic Biology Enabling Technology Synthetic Biology Enabling Technologies, Market Overview DNA Sequencing Technologies Bioinformatics Technologies Biological Components and Integrated Systems Applications Genome Engineering

In addition the report provides a cross-sectional analysis of all the above segments with respect to theNorth America,EuropeandAsia Pacificregions. Browse all PharmaceuticalMarketResearch Reports Upcoming Reports inPharmaceuticalMarket Prebiotics Market Cancer Biomarkers Market Health And Wellness Market OTC Dietary Supplement Market Colorectal Cancer Market Wound Care Market Dietary Supplements Market Diabetes Care Devices Market Transdermal Drug Delivery Market Enzyme Inhibitors Market

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