Product Code: ETC6192425 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias synthetic biology market is rapidly evolving, fueled by government and academic investments into biotech and genomics. Applications in healthcare, agriculture, and environmental science are being explored to produce engineered organisms for targeted functions, supporting innovations like biofuels and synthetic drugs.
Synthetic biology is gaining momentum in Australia due to government funding, academic research excellence, and the potential for high-value bio-based products. Key applications include pharmaceuticals, agriculture, and environmental biosensors. Start-ups and universities are at the forefront of synthetic biology commercialization efforts.
The synthetic biology market in Australia is challenged by limited government funding and a shortage of specialized talent. Regulatory frameworks have not kept pace with technological developments, creating delays in approval processes. Ethical and public concerns around genetic modification also pose reputational risks and hamper large-scale acceptance.
Synthetic biology is a frontier technology area with vast investment potential in Australia, spanning healthcare, agriculture, and environmental solutions. Government funding, startup incubators, and research institutes are fostering a favorable ecosystem for innovation, making it an ideal time to invest in platforms developing engineered biological systems and products.
The government has recognized synthetic biology as a priority science and innovation area. The National Synthetic Biology Roadmap and significant funding through the CSIROs Future Science Platforms (FSP) and the ARC Centre of Excellence in Synthetic Biology aim to position Australia as a global leader. Regulatory clarity, including GMO handling and ethical frameworks, is being developed to balance innovation with public safety and environmental concerns.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Synthetic Biology Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Synthetic Biology Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Synthetic Biology Market - Industry Life Cycle |
3.4 Australia Synthetic Biology Market - Porter's Five Forces |
3.5 Australia Synthetic Biology Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Synthetic Biology Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Synthetic Biology Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Synthetic Biology Market Trends |
6 Australia Synthetic Biology Market, By Types |
6.1 Australia Synthetic Biology Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Synthetic Biology Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Synthetic Biology Market Revenues & Volume, By Genome Engineering, 2021- 2031F |
6.1.4 Australia Synthetic Biology Market Revenues & Volume, By NGS, 2021- 2031F |
6.1.5 Australia Synthetic Biology Market Revenues & Volume, By Cloning and Sequencing, 2021- 2031F |
6.2 Australia Synthetic Biology Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Synthetic Biology Market Revenues & Volume, By Pharmaceutical and Biotechnology, 2021- 2031F |
6.2.3 Australia Synthetic Biology Market Revenues & Volume, By Food and Agriculture, 2021- 2031F |
6.2.4 Australia Synthetic Biology Market Revenues & Volume, By Biochemical, 2021- 2031F |
6.2.5 Australia Synthetic Biology Market Revenues & Volume, By Biofuels, 2021- 2031F |
6.2.6 Australia Synthetic Biology Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Synthetic Biology Market Import-Export Trade Statistics |
7.1 Australia Synthetic Biology Market Export to Major Countries |
7.2 Australia Synthetic Biology Market Imports from Major Countries |
8 Australia Synthetic Biology Market Key Performance Indicators |
9 Australia Synthetic Biology Market - Opportunity Assessment |
9.1 Australia Synthetic Biology Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Synthetic Biology Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Synthetic Biology Market - Competitive Landscape |
10.1 Australia Synthetic Biology Market Revenue Share, By Companies, 2024 |
10.2 Australia Synthetic Biology Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |