With the focus on technologies for building and designing biological organisms soaring, stakeholders have upped their investments in synthetic biology industry. Synthetic biology tends to design microbes to decimate tumors in the body before self-destructing. Moreover, leading companies are building organisms to consume toxic chemicals in soil and water.
Synthetic biology is being used to help end-markets with novel tools to efficiently and accurately change the molecular workings of cells to boost medical upsides. Synthetic biology is likely to be sought-after in novel clinical application and has become popular in redesigning organisms and cashing in on the power of nature to solve problems in agriculture, medicine and manufacturing.
In the latest research report collated by Global Market Insights, Inc., synthetic biology market size is slated to surpass US$55 billion by 2025.
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Of late, trend for synthetic biology in pharmaceutical application will be more pronounced as medicine is taking significant stride in using the novel tools. Engineered cells producing required protein for targeting foreign cells have brought a paradigm shift in the way emerging diseases are treated.
End-users are using synthetic biologist-based biological systems in various facets of medicines, including drug discovery to develop cell-based therapies for personalized medicine. It is worth noting that synthetic biology is taking significant stride in gene networks, engineering biosynthetic pathways and proteins for boosting natural cellular function for in vivo and in vitro applications.
In a bid to get novel functional outputs with therapeutic applications, synthetically biology strategies are used to engineer naturally-existing viral, bacterial, mammalian and plant cells.
Adoption of synthetic biology tools in pharmaceutical application portfolio is mainly attributed to boosting the production of novel bio-based drugs for rare, emerging forms or common forms of disease. Stakeholders are also expected to infuse funds in synthetic biology market to help end-users to further the access to affordable and effective treatments and enhance the efficiency of the traditional drug discovery process.
Leading companies will cash in on the power of synthetic biology to engineer novel proteins for use as therapeutics.
With an unprecedented rise in human population and limited arable land and water resources, synthetic biology has come at the forefront in developing novel solutions to address the prevailing needs.
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Expanding penetration of synthetic biology tools and strategies in agriculture is partly attributed to their innate ability to enhance the efficiency of food production process and enhancing disease resistance, food quality, environmental tolerance and boosting the nutritional value of produced food. Lucrative growth opportunities in synthetic biology industry is likely to be witnessed in the light of growing trend to produce novel food products and traction for the production of environmentally friendly plant growth treatments.
North America synthetic biology market share is likely to gain a notable uptick following the growing footprint of synthetic biology tools in agriculture to reduce the environmental impact, streamline production and farming process and propel access to affordable access of animal feedstock.
Key industry players are poised to infuse funds in synthetic biology market to help save time and reduce cost of drug discovery and development, while enhancing the efficiency of the conventional drug discovery process.
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