Global Oligonucleotide Synthesis Market Size By Products And Services, By Application, By End User, By Geographic Scope And Forecast

Jan 2021| VMR446C| Verified Market Research

Report Highlights

Oligonucleotide Synthesis Market Size And Forecast

Oligonucleotide Synthesis Market was valued at USD 1.71 Billion in 2019 and is projected to reach USD 3.58 Billion by 2027, growing at a CAGR of 10.45% from 2020 to 2027.

Oligonucleotide Synthesis Market Overview

The increased prevalence of synthesized oligos used in molecular diagnostics and clinical applications is the factor for rise in market growth. Oligos are chemically synthesized, and are applied in many relevant areas of scientific research and development. These have become a point of focus in Molecular Biology and Biotechnology, due to the synthetic DNA and cell-made DNA having similar structural and chemical qualities. The antisense oligonucleotides are applied to reduce the stages of protein synthesis by suppressing Micro RNA translation. This method is foundation of many therapies which are undergoing clinical trials for a variety of cancer treatments. The role of favorable favorable government initiatives for the funding, and increased Research and Development disbursements in Pharmaceutical and Biotechnology Companies are causing a surge in the market revenue.

The restraints observed are the increased costs and investments in synthesized oligos. There is dearth of rules and regulations for safe use of synthesized oligos. The lack of increased wages of skilled employees and technicians, scarcity of skilled professional and expertise to handle the synthesized oligos. The challenges faced are the Antisense Oligonucleotide undergoing delayed supply chain. There are flaws in synthesis methods which sharply reduce the amount of available drug substance, analytical methods are not well developed. It is quite cumbersome to handle the oligos synthesized on a large scale, and the delivery of oligonucleotides to specific targets still remains a drawback.

Global Oligonucleotide Synthesis Market Segmentation Analysis:

The Global Oligonucleotide Synthesis Market is segmented on the basis of Products & Services, Application, End-User and Geography

Oligonucleotide Synthesis Market Competitive Landscape

The Global Oligonucleotide Synthesis Market study report offers a valuable insight with an emphasis on global market including some of the major players such Integrated DNA Technologies, Inc., Merck KGaA, Eurofins Genomics, BioAutomation, Agilent Technologies Inc., Eurogentec S.A., General Electric Company, Thermo Fisher Scientific, Inc., Biosearch Technologies, and Nitto Denko Avecia Inc.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Similar Reports from Verified Market Research

Global Oligonucleotide Synthesis Market

  • Date - Apr 2020
  • Code - VMR446B

Oligonucleotide Synthesis Market Size And Forecast

Oligonucleotide Synthesis Market was valued at USD 1.71 billion in 2019 and is projected to reach USD 3.58 billion by 2027, growing at a CAGR of 10.45% from 2020 to 2027.

Global Oligonucleotide Synthesis Market

  • Date - Dec 2018
  • Code - VMR446A

The global Oligonucleotide Synthesis Market was valued at USD 1.28 billion in 2016 and is projected to reach USD 3.15 billion by 2025, growing at a CAGR of 10.45% from 2017 to 2025.

Oligonucleotide synthesis is the chemical synthesis of relatively short fragments of nucleic acids with defined chemical structure (sequence). The technique is extremely useful in current laboratory practice ...

Verified Market Research
Price: $3750

Become a Member

Already a member? Login here.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.

RELATED REPORTS