Report ocean published a new report on the Oligonucleotide pool market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
The Global Oligonucleotide pool market was valued at $ 1,292.8 million in 2016 and expected to reach at $2,324 million by 2022 at a CAGR of 8.5% during the forecast period.
The Centers for Medicare and Medicaid Services data estimates that the U.S. national healthcare expenditure surpassed US$ 4.1 trillion in 2020 and is forecast to reach US$ 6.2 trillion by 2028. According to the Commonwealth Fund, the U.S. expended nearly 17% of gross domestic product (GDP) on healthcare in 2018. Switzerland was the second-highest-ranking country, expending 12.2%. In addition, New Zealand and Australia devote only 9.3%.
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According to the U.S. Bureau of Labor Statistics, employment in healthcare fields is forecast to grow 16% from 2020 to 2030, much quicker than the standard for all occupations, counting about 2.6 million new jobs. This estimated growth is mainly due to an elder population, showing to greater demand for healthcare services. The median annual wage for healthcare practitioners and technical fields (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040 in May 2021, which was greater than the median annual wage for all occupations in the economy of US$ 45,760.
The major factors responsible for the growth of global Oligonucleotide pool market are big pharmaceutical companies investing in oligonucleotide therapeutics for drug development, increased involvement of CMOs in manufacturing therapeutic oligonucleotides and wide application areas offered by the oligonucleotides, among others.
The growth barriers are complexity in the technology of manufacturing oligonucleotides and inaccuracy issues for the specific oligonucleotides among others.
The market is majorly categorized on the basis of types which is further segmented into DNA pool and RNA pool. On the basis of applications the market is segmented into research, diagnostics and therapeutics, and others. On the basis of end users the market is segmented into commercial research, pure academic research, and others and geographic regions. Globally, North America holds the largest market share of global Oligonucleotide pool market, registering 42.2 % in 2016.
The scope of Global Oligonucleotide pool market study includes the market value, market size and a detailed analysis of vendor products and strategies.
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The leading players of the Global Oligonucleotide pool market are Agilent Technologies, Creative Biogene, CustomArray, Inc., Integrated DNA Technologies, Inc., MYcroarray, Sigma-Aldrich Co. LLC, TriLink BioTechnologies, LLC, Twist Bioscience and others.
Study Objectives of Oligonucleotide pool Market Development and Demand Forecast to 2022 Market
? To provide insights about factors, influencing and affecting the market growth
? To provide historically and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries
? To provide historically and forecast revenue of the market segments based on type, and sub-segment for Global Oligonucleotide pool market
? To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
? To provide economic factors that influence the Global Oligonucleotide pool market
> Oligonucleotide pool companies
> Hospitals & Clinics
> Raw Material Suppliers
> Key executive (CEO and COO) and strategy growth manager
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> On the basis of types, DNA oligonucleotides accounted for the largest market share of 66.9% in 2016.
> On the basis of applications. research accounted for the largest market share of 53.5% in 2016.
> US accounted for the largest market share of 77.6% in 2016, with a market value of USD 423.5 million and is projected to grow at a CAGR of 8.7% during the forecast period.
The reports also cover country level analysis:
> North America
> Western Europe
> Rest of Western Europe
> Eastern Europe
> Republic of Korea
> Rest of Asia-Pacific
> Middle East & Africa
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Table of Content:
- Market Definition and Overview
- Research Method and Logic
- Market Competition Analysis
- Product and Service Analysis
- Strategies for Company to Deal with the Impact of COVID-19
- Market Segment by Type, Historical Data and Market Forecasts
- Market Segment by Application, Historical Data and Market Forecasts
- Market by by Region, Historical Data and Market Forecasts
- Market Dynamic Analysis and Development Suggestions
The following customization options are available for this report:
> Trends for other verticals including retail’ travel’ and hospitality
> Country-specific trends and market analysis
> Rest of the World (RoW) Region-specific market analysis
> Additional company profiles
Apart from the existing market analysis’ Reportocean can also offer a wide array of custom-tailored studies as per the company’s specific needs.
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