Synthetic Biology Market: Insights, Dynamics, and Trends
The synthetic biology market is projected to reach USD 35.7 billion by 2027 from USD 11.4 billion in 2022, at a CAGR of 25.6% during the forecast period. The growth of this market is mainly driven by rise in demand for synthetic genes and synthetic cells, declining cost of DNA sequencing and synthesizing. Furthermore, increased R&D funding coupled with high investment by market players in...