Synthetic Biology Market Size, Share, Growth, Trends, Forecast, & Industry Analysis

September 1, 2023 ⚊ 1 Min read ⚊ Views 31 ⚊ BUSINESS

The synthetic biology market is estimated to grow from USD 12.18 billion in 2022 to USD 44.17 billion by 2028 at a healthy CAGR of 23.89% during the forecast period. Increasing use of synthetic biology for various applications such as biofuel development, protein therapeutics, personalized medicine, and synthetic drugs & vaccines is one of the prime factors contributing to the demand for synthetic biology.

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