Synthetic Biology Market is projected to reach $30.7 billion by 2026 Globally, at a CAGR of 26.5%, says MarketsandMarkets™
According to the new market research report " Synthetic Biology Market by Tools (Oligonucleotides, Enzymes, Synthetic Cells), Technology (Gene Synthesis, Genome Engineering), Application(Tissue Regeneration, Biofuel, Consumer Care, Food & Agriculture, Environmental) and Region - Global Forecast to 2026 ", is projected to reach USD 30.7 billion by 2026 from USD 9.5 billion in 2021, at a CAGR of 26.5% during the forecast period. Browse in-depth TOC on " Synthetic Biology Market " 452- Tables 39- Figures 377- Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=889 The Factors such as a wide range of applications of synthetic biology, the rising R&D funding and growing initiatives in synthetic biology, declining cost of DNA sequencing and synthesizing, and increasing investments in the market are propelling the growth of this market. However, biosafety, biosecurity, and ethical concerns related to synthetic biology would hamp...