China Synthetic Biology Market Size, Share and Forecast 2019-2025

Posted by OMR Global on March 11th, 2020

The China synthetic biology market is expected to grow at a significant rate during the forecast period. In China, the synthetic biology market is still at its nascent stage, with emerging development in the biotechnology field. Major factors that are expected to fuel the market growth are due to the funding provided by the Chinese government on various projects related to synthetic biology, including Artificial Synthetic Cell Factory and Minimal genome of E. coli and its synthesis. The synthetic biologics market in China is at its developing stage; therefore, the growth of the market is mainly dependent on the research and development activities performed in the nation. 

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Some of the major research institutes working towards the development of synthetic biology technology in the country are Tsinghua University, Peking University, Tianjin University, Nankai University, Jiangnan University, Beijing University Chemical Technology, Nanjing University of Technology, and Shanghai Institutes for Biological Sciences. Chinese government plays a significant role in providing funds. The National High-tech Research and Development Project, National Science Foundation of China (NSFC), and the National Program on Key Basic Research Project provide funding for R&D of synthetic biology in China. Chinese government is planning to increase the research and development spending from 1.5% of GDP in 2014 to 2.5% in 2020. 

A full Report of China Synthetic Biology Marketis Available at: https://www.omrglobal.com/industry-reports/china-synthetic-biology-market 

China Synthetic Biology MarketSegmentation 

By Product 

• Enabling Product
• Core Product
• Enabled Product

By Technology 

• Gene Synthesis & Sequencing
• Genome Engineering
• Bioinformatics
• Others 

By Application  

• Medical Application
• Industrial Application
• Food & Agriculture
• Environmental Application 

Company Profiles 

• Desktop Genetics, Ltd.
• E. I. du Pont de Nemours and Co.
• GenScript Biotech Corp.
• Ginkgo Bioworks (The Organism Co)
• Merck KGaA
• Synthetic Genomics, Inc.
• Thermo Fisher Scientific, Inc.
• Twist Bioscience Corp.
• Vedanta Biosciences, Inc. 

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