North America Synthetic Biology Market Future Estimation, Dynamics, Outlook, Research 2028Gross Profit, Business Distribution to 2021-2028
The North America synthetic biology market is expected to grow from US$ 4,313.62 million in 2021 to US$ 15,223.61 million by 2028; it is estimated to grow at a CAGR of 19.7% from 2021 to 2028.
North America synthetic biology market Overview and Strategic Insights
Synthetic biology is an emerging and transformative field with wide-ranging applications across the chemicals, agriculture, pharmaceuticals, and energy industries. Numerous start-ups are entering the space, offering gene synthesis products and services to support innovative biological processes. Notable companies include:
- Benchling, which provides advanced computer-aided design (CAD) tools;
- GenScript, a provider of comprehensive gene synthesis services;
- Ginkgo Bioworks, specializing in organism engineering;
- Transcriptic (now part of Strateos), offering cloud-based automation and bioinformatics solutions;
- Glowee, which creates sustainable consumer products using bioluminescence.
Despite the disruptive effects of the COVID-19 pandemic on global start-up performance, the bioeconomy experienced significant growth in early 2020. In the first half of that year, 56 synthetic biology companies collectively raised over US$3 billion in equity financing—an impressive increase from the US$1.9 billion raised by 65 companies in the same period of 2019.
This surge in investment has spurred innovation, particularly in biopharmaceuticals. The new generation of biopharma companies is leveraging synthetic biology to enhance cell therapies, advance gene therapies, and improve early cancer detection methods. As a result, the demand for synthetic biology-based techniques continues to rise, fueling the growth of the North America synthetic biology market across.
North America synthetic biology market Growth and Vendor Opportunities
With the integration of new features and technologies, vendors are well-positioned to attract a broader customer base and expand into emerging markets. This capability is expected to drive significant growth in the North America synthetic biology market, which is projected to register a strong compound annual growth rate (CAGR) during the forecast period.
Strategic Insights for Industry Players
Strategic insights into the North America synthetic biology market provide a data-driven perspective on industry dynamics, highlighting key trends, major players, and regional considerations. These insights support stakeholders—investors, manufacturers, and innovators—in identifying untapped market segments and crafting distinctive value propositions. Through data analytics and forward-looking analysis, companies can better anticipate market changes and position themselves for long-term success in this rapidly evolving field.
Regional Insights and Market Focus
Understanding the geographic nuances of the North American synthetic biology market is vital. Regional variations—such as differences in consumer preferences, regulatory frameworks, and economic conditions—require tailored strategies. Businesses can capitalize on growth opportunities by addressing underserved areas or adapting their offerings to align with local demand. A focused regional strategy enhances resource allocation, enables more precise marketing, and strengthens competitive positioning—ultimately driving sustainable market growth.
Segments Covered
North America synthetic biology market By Products
- Enzymes
- Chassis Organisms
- Oligonucleotides
- Xeno-Nucleic Acids
North America synthetic biology market By Technology
- Measurement & Modeling
- Cloning & Sequencing
- Genome Engineering
- Gene Synthesis
- Nanotechnology
North America synthetic biology market By Application
- Medical Applications
- Industrial Applications
- Food and Agriculture
- Environmental Applications
North America synthetic biology market Regions and Countries Covered
North America
- US
- Canada
- Mexico
North America synthetic biology market leaders and key company profiles
- Agilent Technologies, Inc.
- Amyris
- Codexis
- Genscript Biotech corporation
- Integrated DNA Technologies
- Merck KGaA
- New England Biolabs
- Novozymes A/S
- Thermo Fisher Scientific
- Twist Bioscience
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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