Navigation Links
Global Market for Synthetic Biology to Reach Nearly $11.9 Billion by 2018 — Enabled Products Account for the Fastest Growing Segment with 36.7% CAGR
Date:7/14/2014

Wellesley, Mass. (PRWEB) July 14, 2014

BCC Research (http://www.bccresearch.com) reveals in its new report, SYNTHETIC BIOLOGY: GLOBAL MARKETS, the global synthetic biology market is expected to grow to nearly $11.9 billion in 2018, with a five-year compound annual growth rate (CAGR) of 34.4%. Enabled products account for the fastest growing segment, with anticipated $9.7 billion in 2018 and 36.7% CAGR. Synthetic biology-enabled products in the pharmaceutical/diagnostics, chemical, energy, and agricultural industries compose the bulk of this market segment.

Synthetic biology is an emerging biotechnology discipline with a wide range of applications. While there is enormous potential for future applications, it has a significant number of near-term commercial opportunities, and the list of new products and applications is continuously growing.

Enabling products play a key role in the synthetic biology industry. Enabled products, the largest market segment, accounted for a value of $2.0 billion in 2013 and is expected to grow at a CAGR of 36.7% to reach a forecasted value of nearly $9.7 billion in 2018. Synthetic biology — enabled products in the pharmaceutical/diagnostics, chemical, energy, and agricultural industries compose the bulk of this market segment. Enabling technologies and products are the engine that drives the development of the synthetic biology industry.

“The recent use of microfluidics to synthesize DNA in a massively parallel fashion will significantly improve the ability to manufacture biologic parts in the future,” says BCC Research analyst John Bergin. “Products enabled by synthetic biology tools — pharmaceuticals, diagnostics, chemicals, biofuels, and agricultural — have large downstream market potential. Each of these downstream markets is worth tens of billions of dollars annually.”

SYNTHETIC BIOLOGY: GLOBAL MARKETS examines the dynamic synthetic biology industry, including its technologies and global markets, and the leading companies in each of the market segments. Key synthetic biology technologies and products are used to determine present and future market status, and forecasted growth from 2013 through 2018.

In addition, discussion on strategic alliances, industry structures, competitive dynamics, patents, and market driving forces are also included, along with markets as per end-user segment (R&D, diagnostics and pharmaceuticals, energy, chemicals, and agriculture) and product type (enabling products, biologic components, integrated systems, and enabled products).

Editors and reporters who wish to speak with the analyst should contact Steven Cumming at steven(dot)cumming(at)bccresearch(dot)com.

About BCC Research:

BCC Research publishes market research reports that make organizations worldwide more profitable with intelligence that drives smart business decisions. These reports cover today's major industrial and technology sectors, including emerging markets. For more than 40 years, we've helped customers identify new market opportunities with accurate and reliable data and insight, including market sizing, forecasting, industry overviews, and identification of significant trends and key competitors. We partner with analysts who are experts in specific areas of industry and technology, providing unbiased measurements and assessments of global markets. Our clients include the top companies in industries around the world, as well as universities, business schools, start-ups, consulting firms, and investment companies. BCC Research is a unit of Eli Research LLC. Visit our website at http://www.bccresearch.com. Contact us: (+1) 781-489-7301 (U.S. Eastern time), or email information(at)bccresearch(dot)com.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC
49-2 Walnut Park, Wellesley, MA 02481
Telephone: (+1) 781-489-7301
Email: editor(at)bccresearch(dot)com as the source and publisher.
Thank you.

Read the full story at http://www.prweb.com/releases/2014/07/prweb12014769.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. Need for Faster Sample Analysis Drives Demand for UPLC, According to New Trend Report Published by Global Industry Analysts, Inc.
2. Global Computational Biology Market by Application (Cellular & Biological Simulation), by Services (In-house, Contract) is Expected to Reach USD 4,285.1 Million by 2020
3. Intraocular Lens (IOL) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
4. Global Cognitive Assessment & Training Market: 27.3% CAGR to 2018 Says a New Research Report Available at LifeScienceIndustryResearch.com
5. Global Disposable Medical Supplies Market to See Robust Growth Through Next Decade, According to New TriMark Report Available at MarketPublishers.com
6. Cholesterol Industry 2014 Development Trends in Global & China Regions in a New Research Study Available at DeepResearchReports.com
7. Global toolkit to diagnose menopause
8. Sixth class of Global Health Corps fellows begin year of service to advance health equity
9. Global forum calls for urgent action to curb health inequities, cut maternal and child mortality
10. Improved method for isotope enrichment could secure a vital global commodity
11. Global healthcare is a labour of Hercules
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... ... Bruton Memorial Library on June 21 due to a possible lice infestation, as reported by ... lice: the parasite’s ability to live away from a human host, and to infest common ... the event that lice have simply gotten out of control. , As lice are a ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, Van Mitchell, Secretary ... Work award to iHire in recognition of their exemplary accomplishments in worksite health promotion. ... Maryland Workplace Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Marcy was in a crisis. Her son James, ... out at his family verbally and physically. , “When something upset him, he couldn’t control ... use it. He would throw rocks at my other children and say he was going ...
(Date:6/24/2016)... ... June 24, 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, ... minimum wage raise to $12 an hour by 2020 and then adjusting it yearly to ... value of the minimum wage, assure the wage floor does not erode again, and make ...
(Date:6/24/2016)... Maryland (PRWEB) , ... June 24, 2016 , ... ... Angels is actively feeding the Frederick area economy by obtaining investment capital for ... over the past 2½ years that have already resulted in more than a ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... -- Research and Markets has announced the addition ... report to their offering. ... The World Market for Companion Diagnostics covers the world ... in the report includes the following: , ... by Region (N. America, EU, ROW), 2015-2020 , World ...
(Date:6/23/2016)... June 23, 2016  MedSource announced today that ... e-clinical software solution of choice.  This latest decision ... value to their clients by offering a state-of-the-art ... relationship establishes nowEDC as the EDC platform of ... full-service clients.  "nowEDC has long been a preferred ...
(Date:6/23/2016)... Roche (SIX: RO, ROG; OTCQX: RHHBY) announced ... BRAHMS PCT (procalcitonin) assay as a dedicated testing solution ... this clearance, Roche is the first IVD company in ... sepsis risk assessment and management. PCT is ... levels in blood can aid clinicians in assessing the ...
Breaking Medicine Technology: