Global Synthetic Biology Market Report 2022: Continued Growth in R&D Investments Fuels Sector - ResearchAndMarkets.com
The "Global Synthetic Biology Market, By Products, By Application, By Tool, By Technology & By Region- Forecast and Analysis 2022-28" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Nov 11, 2022--
The "Global Synthetic Biology Market, By Products, By Application, By Tool, By Technology & By Region- Forecast and Analysis 2022-28" report has been added to ResearchAndMarkets.com's offering.
The Global Synthetic Biology Market is valued at USD 9.3 Billion in 2021, and it is anticipated to attain a value of USD 52.04 Billion by 2028, at a CAGR of 27.89 % over the forecast period (2022 - 2028).
The interdisciplinary field of synthetic biology deals with the application of engineering concepts to biology. Its fundamental objective is to design and develop such biological components and systems that do not already exist in the natural world, which is a relatively young endeavour in comparison to other disciplines of Science and Technology. Researchers combine a chemical synthesis of DNA with improvements in their understanding of genomics to ensure the quick manufacture of altered DNA sequences and their integration into two genomes. Synthetic biology has the potential to provide solutions to issues in agriculture, manufacturing, and medicine.
