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Oligonucleotide Synthesis Market Expected to be Worth US $ 26,071.9 Million by 2030 | (CAGR) Average Annual Growth: 17.5%

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The global market size of oligonucleotide synthesis in 2021 is US $ 6107.06 billion. The global market size will grow at an average annual growth rate (CAGR) of 17.5% in the forecast period from 2022 to 2030, and in 2030. Expected to reach US $ 26,071.9 million.

Oligonucleotide synthesis involves the synthesis of relatively short nucleic acid fragments with defined chemical structures (sequences). Currently, laboratories utilize this technology. In addition, molecular diagnosis can detect infectious diseases such as hepatitis, SARS-COV2, and cancer.

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Factors that influence market growth

Market growth: Oligonucleotides that improve therapeutic effects and have few side effects by pharmaceutical companies and biotechnology companies Large investments in research and development for the manufacture of products have led to the expansion of the entire market.

Market drivers: Government funding for synthetic biology and genomic research is driving the global oligonucleotide synthesis market.

Market threats: The complexity of therapeutic oligonucleotides and the difficulty of delivering oligonucleotide drugs to specific targets can slow the growth of the oligonucleotide synthesis market.

Market Opportunities: Emerging Markets Growth and focus on personalized medicine will open up favorable opportunities for the global market.

Impact analysis of COVID-19

The outbreak of COVID-19 has disrupted medical care around the world. But oligonucleotides, etc. The market for a variety of medical services is growing positively. The use of oligo products is essential in creating test kits, treatments, and vaccines to combat infections caused by the new coronavirus. DNA And new generation oligonucleotide drugs, including mRNA vaccines, are currently under development due to the increased incidence of coronavirus disease (COVID-19) and the need for possible treatment.

The Asia Pacific region is projected to grow rapidly over the forecast year.

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List of major players profiled in the global oligonucleotide synthesis market

· Alnylam Pharmaceuticals, Incorporated

· Biogen Incorporated

· Danaher Corporation

· Eurofins Scientific

· Ionis Pharmaceuticals, Incorporated

· Kaneka Corporation

· LGC Limited

· Merck KGAA

· Sarepta Therapeutics, Incorporated

· Thermo Fisher Scientific, Incorporated

· Other Prominent Players

Segment Analysis

The global market for oligonucleotide synthesis is segmented with a focus on products, applications, end users, and regions.

Product-based segmentation

-Oligonucleotide-based pharmaceuticals

-Synthesized oligonucleotides

-Reagents

-Based on equipment

applications. Segmentation

-Therapeutic use

-Research use

-Diagnostic use

End-user-based segmentation

-Hospital

-Pharmaceutical and biotechnology companies

-Diagnosis laboratory

-Clinical research institute (CRO)-Academic

research institute

by region

North America

  • America
  • Canada
  • Mexico

Europe
western Europe

  • England
  • Germany
  • France
  • Italy
  • Spain
  • Other Western European countries

Eastern Europe

  • Poland
  • Russia
  • Other Eastern European countries

Asia-Pacific

  • China
  • India
  • Japan
  • Australia / New Zealand
  • Association of Southeast Asian Nations
  • Other Asia Pacific regions

Middle East / Africa (MEA)
United Arab Emirates (UAE)

  • Saudi Arabia
  • South Africa
  • Other Middle East / Africa regions

South America

  • Brazil
  • Argentina
  • Other South American regions

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