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synthetic biology market

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Scope & Regional Forecast of the Synthetic Biology Market :<br />

• The scope and potential of the Synthetic Biology Market has attracted several different players<br />

and triggered unexpected factors. Synthetic <strong>biology</strong> companies have begun to receive<br />

assistance, aid and tax breaks from governments as well as private organizations to boost R&D<br />

efforts. The growing area of <strong>synthetic</strong> research as well as the falling prices of conducting a DNA<br />

sequencing are also gradually affecting the <strong>market</strong> for <strong>synthetic</strong> genetics in a very positive<br />

manner.<br />

• Currently, the biggest player in the Synthetic Biology Market is Europe, which is trailed by North<br />

America. Europe is predicted to retain its dominant share till the end of forecast period due to the<br />

presence of several start-ups and the strong support provided by European government. Asia-<br />

Pacific is rapidly turning into a hotbed for future advances in R&D.<br />

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9/11/2017<br />

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