Synthetic Biology Market Share & Trends Analysis Report, By Product (Oligonucleotide/Oligo Pools and Synthetic DNA, Enzymes, Cloning Technologies Kits, Xeno-Nucleic Acids, Chassis Organism), By Technology (NGS Technology, PCR Technology, Genome Editing Technology, Bioprocessing Technology, Other Technologies), By Application, By End Use, By Region, and Segment Forecasts, 2025-2034

The Synthetic Biology Market Size is valued at USD 17.67 Bn in 2024 and is predicted to reach USD 97.66 Bn by the year 2034 at an 18.8% CAGR during the forecast period for 2025-2034.

Synthetic biology is a rapidly advancing scientific discipline focused on repurposing organisms to give them new capabilities. It allows researchers and businesses worldwide to tackle critical issues in manufacturing, agriculture, and medicine by harnessing nature’s power. Although synthetic biology is relatively new, its progress has been greatly accelerated by technological DNA sequencing and synthesis breakthroughs. This field enables the development of gene-edited crops with improved drought resistance, nutrient utilization, pest resistance, and enhanced nutritional value, offering new potential in agricultural resilience and food security. Additionally, synthetic biology is instrumental in the production of renewable biofuels, as engineered microorganisms can convert biomass into fuels like ethanol, butanol, and biodiesel, thereby providing sustainable alternatives to fossil fuels and reducing the carbon footprint of energy production.

Synthetic biology is driving the sustainable production of valuable chemicals, materials, and pharmaceuticals by enabling engineered microorganisms to produce biofuels, such as ethanol and biodiesel, from renewable resources. This advancement aligns with the growing demand for alternative energy sources, driven by climate change concerns and the depletion of traditional resources, positioning biofuels as a key area in the synthetic biology market. Increased funding and research are expected as synthetic biology provides effective ways to engineer microbes for more efficient biofuel production. Additionally, gene editing technologies like CRISPR/Cas9 are transforming the field, allowing precise DNA modifications that enable new treatments for genetic diseases, enhanced crop yields, and engineered organisms with novel characteristics. This revolution in gene editing is garnering significant attention in gene therapy and genetic engineering, paving the way for synthetic biology to reshape biotechnology and medicine fundamentally.

Competitive Landscape

Some of the Major Key Players in the Synthetic Biology Market are

• Bota Biosciences Inc.
• Codexis, Inc.
• Creative Biogene.
• Creative Enzymes.
• Enbiotix, Inc.
• Illumina, Inc.
• Merck Kgaa
• New England Biolabs
• Eurofins Scientific
• Novozymes
• Pareto Bio, Inc.
• Scarab Genomics, Llc
• Synthego
• Synthetic Genomics Inc.
• Thermo Fisher Scientific, Inc.
• Agilent Technologies, Inc.
• Twist Bioscience
• BioBricks Foundation
• DIYbio
• Amyris
• Cyrus Biotechnology
• TeselaGen

Market Segmentation

The Synthetic Biology Market is segmented based on product, technology, application, and end user. Based on the product, the market is divided into oligonucleotide/oligo pools and synthetic DNA, enzymes, cloning technologies kits, Xeno-nucleic acids, and chassis organisms. Based on the technology, the market is divided into NGS technology, PCR technology, genome editing technology, bioprocessing technology, and other technologies. Based on the application, the market is divided into healthcare, clinical, bio/pharmaceuticals, diagnostics, non-clinical, non-healthcare, biotech crops, specialty chemicals, biofuels, and others. Based on the end-user, the market is divided into biotechnology and pharmaceutical companies, academic and research institutes, and others.

The Oligonucleotide/Oligo Pools and Synthetic DNA Segment is Expected to Have the Highest Growth Rate During the Forecast Period.

Based on the product, the market is divided into oligonucleotide/oligo pools and synthetic DNA, enzymes, cloning technologies kits, Xeno-nucleic acids, and chassis organisms. Among these, the oligonucleotide/oligo pools and synthetic DNA segment are expected to have the highest growth rate during the forecast period. Oligonucleotide pools and synthetic DNA are essential for gene editing tools like CRISPR, which require precise DNA sequences for applications in gene therapy, disease modeling, and agricultural advancements. As gene editing technology continues to grow, so does the demand for high-quality synthetic DNA. With advancements in personalized medicine and the development of gene therapies, there is a greater need for custom DNA sequences. Synthetic DNA enables tailored therapeutic solutions that can be designed to match an individual’s genetic profile, supporting a surge in synthetic biology applications in healthcare.  Rising investments and strategic partnerships in synthetic biology, supported by both private and governmental organizations, are fueling research and development in synthetic DNA. These investments support the scaling of synthetic DNA production, expanding its applications and accelerating its growth.

The Genome Editing Technology Segment dominates the Market

Based on the technology, the market is divided into NGS technology, PCR technology, genome editing technology, bioprocessing technology, and other technologies. Among these, the genome editing technology segment dominates the market. Genome editing facilitates the creation of microorganisms or plants that can produce valuable chemicals, biofuels, and pharmaceuticals more efficiently and sustainably. Genome editing is enabling faster product development, from genetically modified organisms (GMOs) to synthetic therapeutics. This acceleration in product commercialization leads to faster return on investment for companies, which further propels the growth of the genome editing market. As genome editing technology matures, regulatory frameworks and ethical guidelines are evolving to support its use in human therapies, agricultural innovations, and environmental applications. This provides an environment conducive to continued growth in the market.

North America Has the Largest Market Share During the Forecast Period.

North America, particularly the United States, has a robust biotechnology ecosystem with significant investments in research and development (R&D). This includes funding from both the public and private sectors, driving advancements in synthetic biology. The U.S. is home to leading biotech companies and universities that push the boundaries of synthetic biology applications in medicine, agriculture, and industry. The U.S. has a dominant biotechnology and pharmaceutical industry, which heavily utilizes synthetic biology technologies. Applications such as gene editing, gene therapy, and drug discovery are expanding rapidly, supported by favorable regulations and high demand for innovative treatments. Companies in North America are also leading in synthetic biology-based product development, including genetically engineered organisms and bio-manufactured chemicals.

Recent Developments:

• In June 2024, Cyrus Biotechnology, Inc., a Seattle-based software-enabled biotechnology firm, expanded the Cyrus platform to the broader biopharma sector by spinning out Levitate Bio, a software and services firm. ACE2v2 ("ACE2v2"), an extended-half-life COVID prophylactic/therapeutic IND-stage candidate, and additional autoimmune and oncology initiatives in the discovery stage are in line with Cyrus' development of its IdeS IgG degrading enzyme for many IgG-mediated autoimmune diseases. As Levitate expands its biopharma business, Cyrus will continue to gain from the platform. These cutting-edge instruments can be extremely useful for research, manufacturing, synthetic biology, and agriculture in addition to drug development.

• In August 2023, Synthego, announced a strategic partnership to build a platform centered on the implementation of synthetic circuitry in cells for therapeutic application.bit.bio is building a pipeline of cell therapies focused on areas of unmet clinical need. The partnership will apply Synthego’s expertise in gene editing to bit.bio’s opti-oxTM precision cell programming technology, to discover and develop advanced genetic engineering solutions for cell therapies.

Synthetic Biology Market Report Scope

Segmentation of the Synthetic Biology Market

Global Synthetic Biology Market- By Product 

• Oligonucleotide/Oligo Pools and Synthetic DNA
• Enzymes
• Cloning Technologies Kits
• Xeno-Nucleic Acids
• Chassis Organism

Global Synthetic Biology Market- By Technology

• NGS Technology
• PCR Technology
• Genome Editing Technology
• Bioprocessing Technology
• Other Technologies

Global Synthetic Biology Market – By Application

• Healthcare
  • Clinical
    • Bio/Pharmaceuticals
    • Diagnostics
  • Non-Clinical
• Non-healthcare
  • Biotech Crops
  • Specialty Chemicals
  • Bio-fuels
  • Others

Global Synthetic Biology Market – By End Use

• Biotechnology and Pharmaceutical companies
• Academic and Research Institutes
• Others

Global Synthetic Biology Market – By Region

North America-

• The US
• Canada
• Mexico

Europe-

• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-

• Brazil
• Argentina
• Rest of Latin America

 Middle East & Africa-

• GCC Countries
• South Africa
• Rest of the Middle East and Africa