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Custom Nucleic Acid Market Globally Expected to Drive Growth through 2018-2028

12-10-2018 02:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Custom Nucleic Acid Market Globally Expected to Drive Growth

Custom nucleic acid is a general practice for producing nucleic acids in small quantity, which is ideal for major applications including PCR, cloning and other molecular applications. If large quantities of these nucleic acids are required, the nucleic acid are further extracted and purified from the cell cultures. Usually a small-scale product comprises 1-10 µg of DNA or RNA, which is isolated from animal cell lines and the registered turnaround time for these small scale products is around 14-17 days. Less than 1 µg DNA and RNA is yielded from these animal cell lines under small-scale production. Nucleic acids are supplied in a distinct variety of custom combinations, where they are used in research, molecular diagnostic, and therapeutic applications. Majority of the companies manufacturing custom nucleic acid are bringing in their new technologies and advanced engineering techniques to yield well-established chemistry. Standard custom nucleic acid on a broad category includes DNA custom nucleic acid and RNA custom nucleic acid. The companies are strategizing their sales by carrying out merger and acquisition activities in order to maintain their dominance in the industry.

Custom RNA synthesis is opted for production of high-quality RNA oligonucleotides with increased purity and high biological activity. It is relatively easy to produce nucleic acids of up to 100 nucleotide bases. However, it is more challenging to produce longer nucleotides due to increased frequency of errors in sequence of bases with the increasing nucleotide length. The major end users where these custom nucleic acids find applications include academic research centers and institutes, diagnostic laboratories and pharmaceutical and biotechnology companies. Also, it requires a highly upgraded infrastructure to develop specialized, modulated, labor intensive nucleic acid products.

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Custom Nucleic Acid Market: Drivers and Restraints

The growing footprint of domestic manufacturers that are capable of offering best services including production, management and delivery of high-quality biological materials is expected to be the major factor driving the growth of custom nucleic acid market over the forecast period. The growing production of large- scale custom nucleic acid quantities, i.e., from µg to mg quantities in order to meet the demand from end use facilities is further expected to drive the revenue generation in the global custom nucleic acid market. The increasing demand for custom nucleic acids in new applications for emerging fields such as gene editing and synthetic biology has been increased by 30% per year. Launch and addition of new products due to presence of special expertise in custom nucleic acid synthesis, along with growing applications in gene editing is the other important factor contributing to the growth of global custom nucleic acid market. However, high price and compromised throughput and quality are expected to restrain the growth of the global custom nucleic acid market.

Custom Nucleic Acid Market: Segmentation

Tentatively, the global custom nucleic acid market can be segmented on the basis of product, application, end user and geography.

Based on product type, the global custom nucleic acid market is segmented as:

Custom DNA
DNA oligonucleotides (

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