The Oligonucleotide Synthesis Market Is To Be Driven By Healthcare Automation At A CAGR Of 13.9%

The global Oligonucleotide Synthesis Market is estimated to grow at the rate of 13.9% in the upcoming period, reaching US$ 770 Mn by the year 2025. Integration with virtual reality solutions is expected to rule the roost in the forecast period. Augmented reality could be used for accessing information as well as reports while handling patients or without having to leave their existing operations, that too, in a completely hands-free mode, through voice command, or making supportive data appear automatically. This would be the healthcare vertical in future.

Oligonucleotides are short fragments of nucleic acids and play a major role in drug discovery and molecular diagnostic chip technology. Oligonucleotide synthesis occurs either commercially to provide services for various end users or individually via DNA synthesizers for self-consumption.

Ask For Free Sample Copy@https://www.persistencemarketresearch.com/samples/3296

The achievements of life sciences researchers and scientists in the recent years have expanded the understanding of biological systems at the molecular level, which has generated more opportunities and growth in life sciences research and applications.

Company Profiles

Integrated DNA Technologies, Inc.
GenScript Biotech Corporation
Eurofins Scientific SE
Bioneer Corporation
Kaneka Corporation (Eurogentec)
Biolegio B.V.
Eton Bioscience, Inc.
IBA GmbH
Quintara Biosciences
LGC Biosearch Technologies
Thermo Fisher Scientific, Inc.
TriLink BioTechnologies, LLC
TAG Copenhagen A/S
PolyGen GmbH
General Electric Co.
BioAutomation
Biolytic Lab Performance Inc

Glance Through The "Methodology" Implied@ https://www.persistencemarketresearch.com/methodology/3296

Thus, there are continuous growth opportunities for key players in the global oligonucleotide synthesis market. A new research report by Persistence Market Research titled 'Oligonucleotide Synthesis Market: Global Industry Analysis 2012 - 2016 and Forecast 2017 - 2025' presents a complete overview of the global oligonucleotide synthesis market. According to the forecast, the global oligonucleotide synthesis market is expected to reach a market value of over US$ 770 Mn by 2025. The global market is expected to grow at an exceptional rate with a CAGR of 13.9% during the forecast period.

Global Oligonucleotide Synthesis Market: Drivers

Primarily the global oligonucleotide synthesis market is helped by the increase in research activities all over the world. The government is also supporting the research processes taking place especially in the healthcare sector. Government initiatives aimed towards attracting foreign players by providing various grants and subsidies are expected to boost the entry of major market players in emerging countries, thereby driving the regional markets.

The market also has a systematic distribution channel that helps in maintaining the proper flow of products in the market, which in turn helps in improving the demand for oligonucleotide synthesis.

However, the lack of a proper regulatory framework in emerging markets for pharmaceutical and molecular research activities is likely to hamper market revenue growth as the research activities for therapeutic applications of oligonucleotides also need to follow certain regulatory guidelines and absence of these guidelines restricts therapeutic research activities. This is expected to have a negative impact on the oligonucleotide synthesis market.

Global Oligonucleotide Synthesis Market: Segmental Analysis

Based on Region, Asia Pacific is expected to dominate the global oligonucleotide synthesis market with a robust growth rate of 9.8% during the forecast period. However North America is expected to hold the maximum market value during the study period.

Based on Service Type, the custom oligonucleotide synthesis segment is expected to lead the global market during the forecast period.

On the basis of Application, the academic R&D segment dominates the global oligonucleotide synthesis market in terms of revenue with the highest growth rate and revenue share. The academic R&D segment is expected to witness a CAGR of 8.4% during the forecast period.

On the basis of End Users, the academic and research institutes segment dominates the global oligonucleotide synthesis market. The biopharmaceuticals companies segment is also expected to grow at a rate similar to academic and research institutes.

Click The "Purchase Now" Button Of Our Oligonucleotide Synthesis Market Report@ https://www.persistencemarketresearch.com/checkout/3296

Access Related Reports-

Cryotherapy Market: https://www.persistencemarketresearch.com/market-research/cryotherapy-market.asp

Transforming Growth Factor Market: https://www.persistencemarketresearch.com/market-research/transforming-growth-factor-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.