Oligonucleotide Synthesis Market Overview and Segmentation by Types, Applications and New Advancements Report 2019-2022

Oligonucleotide Synthesis market information, by Product Type (synthesized oligonucleotides, reagents and equipment.), by Application (diagnostic, genetic testing, research, therapeutics, gene synthesis), by End User (academic research institutes, diagnostic laboratories, pharmaceutical) - Forecast till 2022

Market Scenario

One of the chief driving forces is biotechnology which is constantly updating itself and impacting the former sector. Of the many ensuing projects, oligonucleotide synthesis is an evolving technique that forms inexpensive, custom-made oligonucleotides with the desired sequence. Its importance lies in its contribution in DNA or RNA synthesizing and hybridization and in the synthesis of artificial genes.

The global oligonucleotide synthesis market is expecting an astonishing 10.3% CAGR during the forecast period (2014-2022), reveals Market Research Future (MRFR) in a broadly demonstrated report.

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Key Players

Some of the key players in this market are Integrated DNA Technologies, Inc (U.S), GE Healthcare (U.S.), Agilent Technologies Inc. (U.S.), Sigma-Aldrich Corporation (U.S.), Bioautomation Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), L.G.C Biosearch Technologies (U.S.), Eurofins Genomics (Germany), Eurogentec S.A (Belgium), and Nitto Denko Avecia Inc. (Japan) and others.

Segmentation

The global oligonucleotide synthesis market can be segmented by product type, application, and end-users.

Based on product type, the market can be segmented into synthesized oligonucleotides, reagents and equipment.

Application-wise segmentation of the market includes diagnostic, genetic testing, research, therapeutics, gene synthesis, library preparation, drug target screening, and others.

Based on end-users, the market comprises academic research institutes, diagnostic laboratories, and pharmaceutical & biotechnology companies.

Key Finding

Providing a detail analysis of the market structure along with forecast for the next 7 years related to various segments and sub-segments of the Oligonucleotide Synthesis market.

Giving insights about factors affecting the market growth.

Analyzing the market based on price analysis, supply chain analysis, Porters Five Force analysis etc.

Giving the past revenue and estimated future revenue of the market’s segments and sub-segments with respect to the main market and various markets globally.

Giving regional level analysis of the market with respect to the current market size and future prospect.

Giving regional level analysis of the market with respect to segments, by product types, by application, by end user, also giving regional level analysis of the market’s sub-segments.

Providing an overview of key players and their strategic profiling in the market; comprehensively analyzing their core competencies and drawing the market’s competitive structure.

Tracking and analyzing competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments in the global Oligonucleotide Synthesis market.

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Regional Analysis:

Region-specific segmentation of the market includes North America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

North America has the largest market for oligonucleotide synthesis. The region invests in research and development substantially, and it has a superlative infrastructure in biotechnology sector which is triggering further market growth. In addition, the healthcare sector, with an eye searching constantly for new treatments for chronic diseases such as cancer and diabetes, is taking the market forward. Governments and private investors are also funding researches as they are equally eager to get positive results.

Europe is also fetching in substantial revenue as the region has almost similar kind of ambiance like North America for advanced researches. And its position has further been solidified by the presence of big league market players. The APAC region is showing lots of promises as emerging economies such as India and China are investing heavily in biotechnological researches and developments which is directly expanding the scope for oligonucleotide synthesis market growth. Governments in this region are also supporting the market considerably by approving funds.

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This release was published on openPR.