Frequently Asked Questions
The synthetic biology platforms market will exhibit a CAGR of around 21.9% for the forecast period of 2021-2028.
The major players covered in the synthetic biology platforms market report are Thermo Fisher Scientific Inc., Merck KGaA, Novozymes, Agilent Technologies, Inc., Precigen., GenScript, Twist Bioscience., Synthetic Genomics Inc., Codexis., Synthego, Eurofins Scientific, ATUM, TeselaGen., Integrated DNA Technologies, Inc., New England Biolabs., Igenbio, Inc., Bristol-Myers Squibb Company, Amyris, Ginkgo Bioworks, and Integrated DNA Technologies, Inc.
Rising environmental and safety concerns will derail the market growth rate. The dearth of adequate technological infrastructure and lack of skilled personnel in low and middle-class economies will challenge market growth.
The synthetic biology platforms market is segmented on the basis of tools and technology, applications, and products.
Increased expenditure by the government on drug discovery and synthetic biological products will also foster the growth of the synthetic biology platforms market. Rising demand and application of synthetic biology platforms by pharmaceutical companies is again propelling the market growth.
