Oligonucleotide Synthesis Market by size, share, development, industry growth and demand forecast to 2022

According to Market Study Report, Oligonucleotide Synthesis Market provides a comprehensive analysis of the Oligonucleotide Synthesis Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.This report also provides market landscape and market share information in the Oligonucleotide Synthesis Market.

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Premium Insights:
o Attractive Opportunities in Oligonucleotide Synthesis Market
o Oligonucleotides Synthesis Market, By Synthesized Oligonucleotides Products
o Market, By Synthesized Oligonucleotides Type
o Europe: Market, By Research Application and Country
o Oligonucleotide Synthesis Market, By Therapeutic Application
o Market, By End User
o Geographic Snapshot: Market

The global oligonucleotide synthesis market is expected to reach USD 2.46 Billion by 2022 from USD 1.47 Billion in 2017 at a CAGR of 10.9%. This market is experiencing significant growth due to the increasing research activities in the pharma and biotech sectors and the rising demand for innovative diagnostic and therapeutic techniques.

"Hospitals accounted for the largest share of the oligonucleotide synthesis market, by end user, in 2018"
Based on end user, the oligonucleotide synthesis market is segmented into academic research institutes, pharmaceutical and biotechnology companies, diagnostic laboratories, and hospitals. Hospitals held the largest share of the market in 2018 due to the significant number of inpatient and outpatient visits in hospitals and the requirement of oligonucleotide drugs to cater to the demand of the patient pool suffering from diseases such as Duchenne muscular dystrophy, spinal muscular atrophy, and hepatic veno-occlusive disease.

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"Synthesized oligos dominated the oligonucleotide synthesis market, by product, in 2018
Based on product, the market is segmented into synthesized oligos, reagents, and equipment. The synthesized oligos segment held the largest share of the market in 2018 and is estimated to grow at the highest CAGR during the forecast period. Growth in this segment is attributed to the increasing applications of synthesized oligos in therapeutics, research, and diagnostics.

"North America to dominate the market during the forecast period"
Geographically, the oligonucleotide synthesis market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2018, North America was the largest regional market for oligonucleotide synthesis. The North American market is also estimated to grow at the highest CAGR during the forecast period owing to the growing availability of synthesized oligos, along with an increase in R&D funding and activities in the North American region.

Target Audience for Oligonucleotide Synthesis Market:
o Life science instrumentation and reagent companies
o Pharmaceutical and biotechnology companies
o Hospitals and clinics
o Academic researchers and government research organizations
o Private research institutes
o Custom oligonucleotide service providers
o Contract manufacturing organizations (CMOs)
o Oligonucleotide equipment manufacturers
o Contract research organizations (CROs)
o Market research and consulting firms
o Venture capitalists

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