The global synthetic biology market size is expected to reach USD 55.37 billion by 2030, registering a CAGR of 18.97% during the forecast period, according to a new report by Grand View Research, Inc. The presence of government and private funding to support research in vaccines and a strong synthetic biologic-based product pipeline in clinical trials are the key driving factors for the...

Synthetic Biology Industry Overview The global synthetic biology market was valued at USD 16.22 billion in 2024 and is projected to experience significant growth, with a compound annual growth rate (CAGR) of 17.30% from 2025 to 2030. This growth can be attributed to the emergence of various applications of synthetic biology, particularly in areas such as multiplexed diagnostics, cellular...

The global synthetic biology market size was estimated at USD 16.22 billion in 2024 and is projected to grow at a CAGR of 17.30% from 2025 to 2030. Emerging applications of synthetic biology in areas such as multiplexed diagnostics, cellular recording, and therapeutic genome editing are projected to lead to a substantial rise in demand for synthetic products over the forecast period....