North America Synthetic Biology Market Size & Outlook
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North America synthetic biology market highlights
- The North America synthetic biology market generated a revenue of USD 6,811.1 million in 2024.
- The market is expected to grow at a CAGR of 17.4% from 2025 to 2030.
- In terms of segment, pcr technology was the largest revenue generating technology in 2024.
- PCR Technology is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 6,811.1 million |
| Market revenue in 2030 | USD 17,788.0 million |
| Growth rate | 17.4% (CAGR from 2025 to 2030) |
| Largest segment | Pcr technology |
| Fastest growing segment | PCR Technology |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PCR Technology, Genome Editing Technology, NGS 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 42.0% of the global synthetic biology market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,158.1 million by 2030.
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Synthetic Biology Market Scope
Synthetic Biology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Novozymes | View profile | 5001-10000 | Bagsværd, Hovedstaden, Denmark, Europe | https://www.novozymes.com/en# |
| Synthego | View profile | 251-500 | Redwood City, California, United States, North America | http://www.synthego.com |
| Codexis Inc | View profile | 174 | 200 Penobscot Drive, Redwood, CA, United States, 94063 | https://www.codexis.com |
| DNAstar | View profile | 51-100 | Madison, Wisconsin, United States, North America | http://www.dnastar.com |
| New England Biolabs | View profile | 501-1000 | Ipswich, Massachusetts, United States, North America | http://neb.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
North America synthetic biology market outlook
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 35.51% in 2024. Horizon Databook has segmented the North America synthetic biology market based on pcr technology, genome editing technology, ngs technology, bioprocessing technology, other technologies covering the revenue growth of each sub-segment from 2018 to 2030.
North America holds the largest market share of synthetic biology market due to increased investments in private companies, favorable regulations, and government assistance. The U.S. majorly focuses on research being done in the area of drug discovery, proteomics, and genomics structure prediction, thereby propelling growth of synthetic biology market.
Several research institutes receiving funding from government organizations, such as National Institutes of Health (NIH), and private organizations, such as Bill & Melinda Gates Foundation, for DNA sequencing &biological components and developing various bioinformatics, which can be used for several healthcare applications.
Furthermore, increasing funding in synthetic biology companies is expected to drive the market growth in North America. The following table mentions some North American synthetic biology companies that received significant funding in the first half of 2020.
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Target buyers of North America synthetic biology market databook
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Our clientele includes a mix of synthetic biology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America synthetic biology market , including forecasts for subscribers. This continent databook contains high-level insights into North America synthetic biology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America synthetic biology market size, by country, 2018-2030 (US$M)
North America Synthetic Biology Market Outlook Share, 2024 & 2030 (US$M)
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