2022-10-19| In-DepthSpecial

Synthetic Biology: A Rising Interdisciplinary Field that Revolutionizes the Biomedical Industry

by GeneOnline
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With rapid technological advancements after 2010, synthetic biology is a rising star in biotechnology, covering a wide range of fields, including food, medicine, and biofuels. A new definition of the biology system has evolved through innovative bioengineering technologies, and some scholars regard it as a technology that revolutionizes the bioeconomy. Synthetic biology provides innovative and revolutionary solutions for global healthcare, agriculture, manufacturing, and even green energy, already achieving many remarkable results. 

According to a 2022 report by the BioMed Commercialization Center (BMCC) in Taiwan, the global market size for synthetic biology approached US$15 billion in 2021. The report conservatively estimates that it will climb beyond $65 billion by 2026 at a compound annual growth rate of 35%. An article published in Nature Communications in 2020 even boldly predicted that by 2030, our food, clothing, daily commodities, and medical products would all be made possible by synthetic biology. As a result, synthetic biology is emerging as an essential part of our lives.

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