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Tag search results for: "synthetic biology market growth"
Synthetic Biology Market AnalysisMarket SizeThe Synthetic Biology Market was valued at USD 13.1 billion in 2022 and is projected to reach USD 52.6 billion by 2030, growing at a CAGR of 19.0% during the forecast period of 2023-2030.Market DynamicsRising Demand for Bio-Based ProductsIncreasing use in pharmaceuticals, agriculture, biofuels, and other industries.Advancements in Genetic EngineeringInnovations such as CRISPR-Cas9 and other gene-editing tools are enhancing capabilities and applications.Increasing Research and Development Ac... more
The global synthetic biology market size reached USD 10.35 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period, according to latest analysis by Emergen Research. Rising research and development activities in this field of synthetic biology, growing application of synthetic biology including living biotherapeutics, multiplexed diagnostics, and third-generation biorefineries as well rising investments towards synthetic biology start-ups developing tools and services are some of the key factors... more
