Synthetic Biology Market Expected to Reach $5,630.4 Million in 2018 – New Report by MarketsandMarkets

(PRWEB) November 20, 2014

The report, "Synthetic Biology Market by Tool (XNA, Chassis, Oligos, Enzymes, Cloning kits), Technology (Bioinformatics, Nanotechnology, Gene Synthesis, Cloning & Sequencing), Application (Biofuels, Pharmaceuticals, Biomaterials, Bioremediation) - Global Forecast to 2018", analyses and studies the major market drivers, threats, opportunities, and challenges.

Browse 99 market data tables and 46 figures spread through 185 pages and in-depth TOC of the global synthetic biology market. http://www.marketsandmarkets.com/Market-Reports/synthetic-biology-market-889.html

Early buyers will receive 10% customization on this report.

This report studies the global synthetic biology market for the forecast period of 2013 to 2018. This market is expected to reach $5,630.4 million by 2018 from $1,923.1 million in 2013, growing at a CAGR of 24% during the forecast period.

The global synthetic biology market is segmented on the basis of tools, technologies, applications, and geographies.

On the basis of tools, the synthetic biology market is categorized into Xeno-nucleic acids, chassis organisms, oligonucleotides, enzymes, and cloning and assembly kits. The oligonucleotides segment accounted for a major share of the synthetic biology market, by tool, in 2013.

Further Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=889

On the basis of technologies, the synthetic biology market is segmented into enabled and enabling technologies. Enabling technologies accounted for a major share of the synthetic biology market in 2013. On the basis of applications, the synthetic biology market is segmented into environmental, medical, and industrial applications. The medical applications segment accounted for a major share of the synthetic biology market in 2013.

On the basis of regions, the market is divided into North America, Europe, Asia, and Rest of the World (RoW). The Rest of the World region comprises Latin America, Pacific countries, and the Middle East and Africa. North America accounted for the largest share of the synthetic biology market, followed by Europe and Asia. However, the European market is expected to grow at the highest CAGR in the coming five years, and serves as a revenue pocket for the companies involved in the manufacturing of synthetic biology products.

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Synthetic Biology Market Expected to Reach $5,630.4 Million in 2018 - New Report by MarketsandMarkets