Oligonucleotide Synthesis Market: Key Insights

According to our new research study on “Oligonucleotide Synthesis Market Forecast to 2027 – Global Analysis – by Product, Application, End User, and Geography,” the global oligonucleotide synthesis market size is estimated to reach US$ 3,971.72 million by 2027 from US$ 1,584.16 million in 2018; it is estimated to grow at a CAGR of 11.1% during 2019–2027.

The report highlights trends prevailing in the market and factors driving its growth. The oligonucleotide synthesis market trends are attributed to the rising applications of synthesized oligonucleotides, increasing investments for synthetic biology, and technological advancements in genome editing tools However, the growth of the market is restrained by factors such as renewed regulations for biotechnology.

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By Company

Thermo Fisher Scientific Inc.,GenScript,Molecular Assemblies,Twist Biosciences,Evonetix,DNA Script,Nuclera Nucleics,Camena Bioscience,Synthomics,Ansa Biotechnologies,Helixworks,Iridia,Keasling Laboratories

Oligonucleotide Synthesis Market: Segmental Overview

Product-Based Insights

The global oligonucleotide synthesis market, based on product, is segmented into synthesized oligonucleotides, reagents, and equipment. The synthesized oligonucleotide segment is further sub-divided into primers and probes. The synthesized oligonucleotides segment held the largest share among the product segment in the oligonucleotide synthesis market in 2018 and is also anticipated to follow a similar trend over the forecast period.

Application-Based Insights

The global market, based on application, is segmented into research, diagnostics, and therapeutics. The research segment accounted for the largest share in 2018.

End User-Based Insights

The global market, based on end user, is segmented into academic research institutes, pharmaceutical biotechnology companies, diagnostic laboratories, and other end users. The academic research institutes segment held the largest market share in 2018.

Key Market Trends:

• The market has been witnessing healthy growth within the recent years and is predicted to continue it throughout the forecast period 2019 to 2027.
• Major players are regularly operating and focusing to develop new product still as increase their expenditure on Research and Development of Wireless Audio Speaker.
• The extensive changes and challenges has not affected the sales of Oligonucleotide Synthesis, rather created a promising market within the gift and within the forecast period.

Moreover, the report has explored changing factors for the market segments. It covers the growth factors of the worldwide market based on end-users. It’s a Oligonucleotide Synthesis market research report which has been designed using the primary and secondary sources. The report allows the customer to set up a complete plan for the development and growth of their businesses for the projected period.

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