Press release
Oligonucleotide Synthesis Market is Expected to Reach US$ 3,971.7 Mn in 2027 - Molecular Assemblies, Twist Bioscience, Evonetix, Nuclera Nucleics Ltd., Camena Bio, DNA Script, Iridia, Helixworks, Ansa Biotechnologies and Synthomics
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.Worldwide Oligonucleotide Synthesis Market Analysis to 2027 is a specialized and in-depth study of the Oligonucleotide Synthesis Industry with a focus on the global market trend. The report aims to provide an overview of global Oligonucleotide Synthesis Market with detailed market segmentation by product/application and geography. The global Oligonucleotide Synthesis Market is expected to witness high growth during the forecast period.
Oligonucleotide Synthesis Market is expected to reach US$ 3,971.7 Mn in 2027 from US$ 1,584.2 Mn in 2018. The market is estimated to grow with a CAGR of 11.1% from 2019-2027. The report highlights the trends prevalent in the global oligonucleotide synthesis market and the factors driving the market along with those that act as deterrents to its growth.
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Top Dominating Key Players:
1. Molecular Assemblies
2. Twist Biosciences
3. Evonetix
4. DNA Script
5. Nuclera Nucleics
6. Camena Bioscience
7. Synthomics
8. Ansa Biotechnologies
9. Helixworks
10. Iridia
11. Keasling Laboratories
For instance, in October, 2018, EVONETIX LTD pioneering an innovative approach to scalable and high-fidelity gene synthesis, and LioniX International, a leading global provider of customised microsystem solutions in scalable production volumes, collaborated to scale up production of prototype microelectromechanical systems (MEMs) for DNA synthesis.The developments performed by the companies are helping the market to grow in the coming years.
The oligonucleotide synthesis market by product is segmented into synthesized oligonucleotides, reagents and equipment. In 2018, the synthesized oligonucleotides segment held a largest market share of 48.3% of the oligonucleotide synthesis market, by product. This segment is also expected to dominate the market in 2027 owing to its benefits offered in applications such as research, diagnostics and therapeutics.
In addition to diagnostic and therapeutic purpose, oligonucleotides are also used for designing DNA microchips that are used as a powerful bio-analytical tool and novel material in the field of nanotechnology.
Increasing applications of synthesized oligonucleotides, increasing investments for synthetic biology and technological advancements genome editing tools are the key driving factors for the growth of the market in the forecast period. However, the growth of the market is restrained by factors such as renewed regulations for biotechnology and lack of skilled professionals in life science industry.
The report segments the global oligonucleotide synthesis market as follows:
Global Oligonucleotide Synthesis market - By Product
• Synthesized Oligonucleotides
o Primers
o Probes
o Large-Scale Synthesis
o Others
• Reagents
• Equipment
Global Oligonucleotide Synthesis market - By Application
• Research
• Diagnostics
• Therapeutics
Global Oligonucleotide Synthesis market - By End User
• Academic Research Institutes
• Pharmaceutical & Biotechnology Companies
• Diagnostic Laboratories
• Other End Users
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What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Oligonucleotide Synthesis Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Oligonucleotide Synthesis, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
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