The Asia-Pacific synthetic biology market is expected to grow at a CAGR of 35.0% during the forecast period. The initiatives by major economies in the field of synthetic biology are one of the factors that is promoting technological innovations in the Asia-Pacific region. China is investing in the synthetic biology driven by a coordinated national strategy under state sponsored programs. This result in growth in number of journal publications, for instance, in 2013 out of total papers published on synthetic biology 10% were from China.
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The other countries such as India, Japan and South Korea are rapidly developing vibrant synthetic biology communities, supported by national institutes on synthetic biology. This institutes generating research outputs that significantly contributing to the advancements in the synthetic biology. In October 2017, Australia and China symposium on synthetic biology was held to facilitate stronger collaborative ties between two countries by making Australia-China Science and Research Fund (ACSRF).
The Asia-Pacific synthetic biology market is segmented on the basis of product, technology, and applications. Based on the product, the market is segmented into enabling product, core product, and enabled product. Core product includes synthetic genes, synthetic cells, synthetic DNA, chassis organisms and xeno nucleic acid (XNA), and are expected to hold a significant share in the market owing to extensive use of core products in R&D. Based on technology, the market is segmented into, and gene synthesis & sequencing, genome engineering, bioinformatics, and others. Based on application, the market is segmented into medical application, industrial application, food & agriculture, and environmental applications.
Moreover, the study of the report covers the competitive analysis of various players operating in the Asia-Pacific synthetic biology market. Some of the key players in the Asia-Pacific synthetic biology market include Twist Bioscience Corp., Merck KGaA, GenScript Biotech Corp., Thermo Fisher Scientific Inc., Amyris Inc., Codexis Inc, Ginkgo Bioworks, and many others.
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Asia-Pacific Synthetic Biology Market Segmentation
By Product
- Enabling Product
- Core Product
- Enabled Product
By Technology
- Gene Synthesis & Sequencing
- Genome Engineering
- Bioinformatics
- Others
By Application
- Medical Application
- Industrial Application
- Food & Agriculture
- Environmental Application
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Autolus Therapeutics PLC
- Butamax Advanced Biofuels LLC
- Desktop Genetics, Ltd.
- I. du Pont de Nemours and Co.
- GenScript Biotech Corp.
- Ginkgo Bioworks (The Organism Co)
- Integrated DNA Technologies, Inc.
- LGC, Ltd.
- Merck KGaA
- Thermo Fisher Scientific, Inc.
- Twist Bioscience Corp.
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