North America Synthetic Biology Market Size, Share, Revenue, and Emerging Opportunities 2024-2030 Forecast
The North America Synthetic Biology Market size was valued at USD 3.50 Billion in 2023 and the total North America Synthetic Biology revenue is expected to grow at a CAGR of 17.1 % from 2024 to 2030, reaching nearly USD 10.57 Billion by 2030.
North America Synthetic Biology Market Overview:
The North America Synthetic Biology market study can be tailored to include pricing trend analysis of target brands, market insights for other countries, clinical trial results data, literature research, refurbished market and product base analysis, and more. Competitive analysis can range from technology-based research to market portfolio strategies. We can provide data on as many competitors as needed, in the format and type of your choice. Our analysts can also deliver data in raw excel files, pivot tables, or assist in creating presentations based on the report's data sets.
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North America Synthetic Biology Market Scope:
The North America Synthetic Biology Market study provides insights into each of the top end users, with yearly estimates through 2030. The study forecasts global market revenue, sales, and growth rates, including forecasts for product, application, and geographic sectors. These forecasts help individuals understand the industry's prospects and opportunities.
North America Synthetic Biology Market Drivers:
The North America Synthetic Biology Market is witnessing remarkable growth, driven by substantial investments in research and development (R&D). A collaborative effort among academic institutions, private enterprises, and government-supported initiatives is propelling continuous innovation within the field. This synergy is advancing synthetic biology applications across various sectors, including pharmaceuticals, agriculture, and industrial processes.
A major factor contributing to the market's growth is the region's strong biotechnology industry. Breakthroughs in genetic engineering, DNA synthesis, and gene editing technologies are accelerating the demand for synthetic biology solutions. These technological advancements are finding increasing applications in key sectors, thereby fueling the market's expansion.
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North America Synthetic Biology Market Segmentation:
by Product
Oligonucleotides and Synthetic DNA
Enzymes
Cloning Technologies Kits
Synthetic Cells
Chassis Organisms
Xeno-nucleic Acids
by Technology
Genome Engineering
Payers
Bioinformatics
Biological components and integrated systems
Others
by Application
Chemicals
Healthcare
Agriculture
Others
North America Synthetic Biology Market Key Players:
The competitive landscape of the North America Synthetic Biology Market provides information on competitors, including business overviews, financials, revenue generated, market potential, R&D investment, new market efforts, global presence, production sites and facilities, production capacity, corporate strengths and weaknesses, product introduction, product width, and breadth, and application dominance. The data points relate to businesses focused on the North America Synthetic Biology industry. Key players include:
Leading Key Players in United States:
1. Amyris, Inc. (Emeryville, California)
2. Ginkgo Bioworks (Boston, Massachusetts)
3. Intrexon Corporation (Germantown, Maryland)
4. Zymergen Inc. (Emeryville, California)
5. Twist Bioscience Corporation (South San Francisco, California)
Prominent Key Player in Canada:
1. Genome Compiler Corporation (Montreal, Quebec)
2. Conagen Inc. (Bedford, Nova Scotia)
3. Sustainable Development Technology Canada (SDTC) (Ottawa, Ontario)
4. Bioscience Solutions Inc. (Toronto, Ontario)
Major Key Players in Mexico:
1. Mexel Industries S.A. de C.V. (Mexico City, Mexico)
2. CINVESTAV-IPN (Center for Research and Advanced Studies of the National Polytechnic Institute) (Mexico City, Mexico)
3. PROBIOMED S.A. de C.V. (Mexico City, Mexico)
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North America Synthetic Biology Market Regional Analysis:
The regional segment of the North America Synthetic Biology Market analysis includes individual market influencing factors and changes in market regulations affecting current and future trends. Key variables for forecasting market conditions in specific countries include consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material prices, and downstream and upstream value chain analysis. Forecast analysis also considers the presence and availability of global brands, challenges from local and domestic brands, and the impact of domestic tariffs and trade channels.
COVID-19 Impact Analysis on North America Synthetic Biology Market:
The report includes a comprehensive analysis of the impact of Covid-19 on the [Market Name] Market. The World Health Organization has designated Covid-19 a global health emergency due to its impact on thousands of patients worldwide. The Coronavirus disease affects various segments of the [Market Name] Market.
Key Questions Answered in the North America Synthetic Biology Market Report:
- What are the crucial factors aiding the North America Synthetic Biology Market growth?
- Which region has the maximum share in the North America Synthetic Biology Market?
- What will be the CAGR of the North America Synthetic Biology Market during the forecast period (2024-2030)?
- Which segment emerged as the leading segment in the North America Synthetic Biology Market?
- Who are the main players in the North America Synthetic Biology Market?
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