Market Research Reports- Consulting Analysis Crystal Market Research Synthetic Biology Market

Synthetic Biology Market Size Is Projected To Be
Around $26 Billion By 2025: Crystal Market
Research
A research study titled, Synthetic Biology Market by Product (Oligonucleotide Synthesis, DNA
Synthesis, Standardized DNA Parts, Synthetic Genes, Chassis Organisms) and Application
(Agriculture, Chemicals, Biofuels, Healthcare) - Global Industry Analysis and Forecast to 2025”
published by Crystal Market Research, states that the synthetic biology market is projected to be
around $26 billion by 2025.
Synthetic biology refers to interdisciplinary area used for creating new biological parts, devices, and
systems with the help of engineering principles. It can be used to developbio-products, advanced biofuels,
renewable materials, and bio-based specialty chemicals. Synthetic biology can be used to identify and
catalog standardized genomic parts which can be synthesized quickly and used to build novel biological
systems. In natural product synthesis, synthetic biology can be used to produce necessary enzymes along
with biological functions to carry out complex multi-stage production of natural products. In biofuels,
synthetic biology can be used for optimization of genes and microorganisms to efficiently convert
feedstock into biofuels. Synthetic biology is anticipated to witness adoption in varied industries such as
agriculture, energy, pharmaceuticals, and chemicals. In medicine, synthetic biology can be used for
manufacturing of drugs, diagnostic agents and vaccines and in creation of new tissues. In chemical
industry, synthetic biology can be used in the production of fine or bulk chemicals such as proteins to
provide a substitute to existing synthetic fibers or natural fibers.