Oligonucleotide Synthesis Market worth $26.09 billion by 2030- Leading Key Players are Alnylam Pharmaceuticals, Inc., Danaher Corporation, Biogen Inc.

According to the report published by Allied Market Research, Global Oligonucleotide Synthesis Market Size was Valued at USD 5.19 billion in 2020, and is Anticipated to Hit USD 26.09 billion by 2030, witnessing a CAGR of 17.1% from 2021 to 2030.

Rise in government investments and R&D expenditure in pharmaceutical & biotechnology companies, increase in use of synthesized oligonucleotides in molecular diagnostics and clinical applications, and surge in demand for high end customized oligos and upgradation in purification drive the growth of the global oligonucleotide synthesis market. However, challenging delivery of oligonucleotide drugs to specific targets and complexities associated with therapeutic oligos hinder the market growth. On the contrary, rise in focus on personalized medicines and potential in the developing economies are expected to open lucrative opportunities for the market players in the

Download Sample Report- https://www.alliedmarketresearch.com/request-sample/8721

Global Oligonucleotide Synthesis Market Segmentation -

By product, the synthesized oligonucleotides segment is estimated to portray the highest CAGR of 18.1% during the forecast period, due to rise in use of synthesized oligonucleotides in several streams including molecular diagnosis and clinical application. However, the oligonucleotide-based drugs segment held the largest share in 2020, accounting for more than one-third of the global oligonucleotide synthesis market, owing to rise in number of FDA-approved drugs and clinical pipeline of oligonucleotide-based drugs.

By application, the therapeutic segment held the largest share in 2020, contributing to around two-fifths of the global oligonucleotide synthesis market, owing to rise in research of therapeutic application. However, the research segment is projected to manifest the highest CAGR of 17.6% during the forecast period, owing to rise in approval of several drugs over the last few years.

By region, the global oligonucleotide synthesis market across North America held the largest share in 2020, accounting for more than one-third of the market. This is due to rise in R&D in life sciences, surge in focus on improving the safety & quality of healthcare, increase in demand for high-quality research tools for data reproducibility, and surge in focus on developing personalized therapeutics.

However, the market across Asia-Pacific is expected to register the highest CAGR of 18.8% during the forecast period, owing to expanding healthcare infrastructure, surge in government support and investment, and economic development in the region.

Top Key Players of Oligonucleotide Synthesis Market: -

Alnylam Pharmaceuticals, Inc.
Danaher Corporation
Biogen Inc.
Ionis Pharmaceuticals, Inc.
Eurofins Scientific
LGC Limited
Kaneka Corporation
Sarepta Therapeutics, Inc.
Merck KGAA
Thermo Fisher Scientific, Inc.

Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/8721

By Region Outlook

North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA

Have Any Query? Ask Our Experts: https://www.alliedmarketresearch.com/connect-to-analyst/8721

Other Trending Report:
Medical Clothing Market: https://www.alliedmarketresearch.com/medical-clothing-market-A17602

Rheumatoid Arthritis Drugs Market: https://www.alliedmarketresearch.com/rheumatoid-arthritis-RA-drugs-market

Allergy Diagnostics Market: https://www.alliedmarketresearch.com/allergy-diagnostic-market

Medical Device Affairs Outsourcing Market: https://www.alliedmarketresearch.com/medical-device-affairs-outsourcing-market-A17667

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.