Growing by a Robust 22% CAGR through to 2023, the Global Synthetic Biology Market to Touch $22 Billion - Market Report (2017-2023) by Industry Experts, Inc
Industry Experts, Inc. introduced the new market research report " Synthetic Biology – A Global Market Overview ". The new report reveals that Oligonucleotides leads the global demand for Synthetic Biology products and is projected to reach US$9 billion by 2023 while Chassis Organisms is projected the fastest growing segment in the coming years. In Synthetic Biology, the concepts of molecular biology and systems biology are combined with principles of engineering for designing biological systems and bio-factories with the goal of creating superior biological functions that can address existing and future concerns. Experts are of the opinion that synthetic biology has the capacity of revolutionizing the methods by which energy is created, food is produced, industrial processes are optimized and diseases are detected, prevented and cured. Market for Synthetic Biology product types analyzed in this study include Oligonucleotides, Enzymes, Chassis Organism and others (C...