Market revenue in 2023 | USD 682.7 million |
Market revenue in 2030 | USD 2,963.4 million |
Growth rate | 23.3% (CAGR from 2023 to 2030) |
Largest segment | Pcr technology |
Fastest growing segment | NGS Technology |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | NGS Technology, PCR Technology, Genome Editing Technology, Bioprocessing Technology, Other Technologies |
Key market players worldwide | Basf SE, Codexis Inc, Illumina Inc, Merck KGaA, New England Biolabs, Eurofins Scientific SE, Novozymes, DNAstar, Synthego, Thermo Fisher Scientific Inc |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to synthetic biology market will help companies and investors design strategic landscapes.
Pcr technology was the largest segment with a revenue share of 27.49% in 2023. Horizon Databook has segmented the Japan synthetic biology market based on ngs technology, pcr technology, genome editing technology, bioprocessing technology, other technologies covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the major countries in synthetic biology marketspace. Japan has entered into this field with bioplastics, with several Japanese startups already fermenting microbes for manufacturing synthetic silk for the outdoor industry.
A national initiative called the NEDO Smart cell project was launched in 2016. It is intended to be used for automated gene-editing tools and synthetic biology research technologies to increase development and commercialization of these novel bio-production technologies in the coming years.
This project aims to accelerate solving of conventional problems, such as manufacturing of a novel compound that is unable to be produced by using conventional microorganisms and increasing microbial productivity by building platforms &creating smart cells.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan synthetic biology market , including forecasts for subscribers. This country databook contains high-level insights into Japan synthetic biology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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