Synthetic Biology Market Report 2022-2027, Global Industry Size, Share, Growth and Forecast Analysis
IMARC Group’s latest research report, titled “ Synthetic Biology Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027 ,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global synthetic biology market reached a value of US$ 11.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 32.93 Billion by 2027 , exhibiting a CAGR of 18.60% during 2022-2027. Synthetic biology refers to a field of research that includes the fabrication and designing of new biological beings, such as genetic circuits, enzymes and cells or redesigning organisms for important motives by engineering them to have distinctive qualities. It integrates the chemical synthesis of deoxyribonucleic acid (DNA) with genomics to allow the researchers to produce cataloged DNA sequences and collect them into new genomes. It aid...