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Oligonucleotide Synthesis Market - North America is expected to remain dominant during 2021 to 2030

07-10-2023 10:28 AM CET | Health & Medicine

Press release from: Allied Market Research

Oligonucleotide Synthesis Market - North America is expected

The global oligonucleotide synthesis market was valued at $51.97 billion in 2020 and is projected to reach $ 26.099 billion by 2030 registering a CAGR of 17.1% from 2021 to 2030.

โ€ข ๐‚๐€๐†๐‘: 17.1%
โ€ข ๐‚๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: ๐”๐’๐ƒ 51.97 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง
โ€ข ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐‘๐ž๐ ๐ข๐จ๐ง: ๐€๐๐€๐‚
โ€ข ๐‹๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š
โ€ข ๐๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐“๐ข๐ฆ๐ž: 2021- 2030
โ€ข ๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2021

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐‡๐ž๐ซ๐ž : https://www.alliedmarketresearch.com/request-sample/8721

The oligonucleotide synthesis market can be analyzed regionally to understand the market dynamics, growth opportunities, and key players operating in specific geographical areas. Here is a regional analysis of the oligonucleotide synthesis market:

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š:
The North American region, particularly the United States, has a well-established biotechnology and pharmaceutical industry, driving the demand for oligonucleotide synthesis.

The presence of major market players, research institutions, and academic centers focused on genomics and personalized medicine contributes to market growth.

Increased investment in research and development activities, coupled with government initiatives promoting genomics research, fuels the market growth in this region.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž:
Europe has a significant presence in the oligonucleotide synthesis market, with countries such as Germany, the United Kingdom, France, and Switzerland leading in research and development.
The European market benefits from advancements in genomics, personalized medicine, and gene therapy, leading to increased demand for custom oligonucleotides.

The presence of prominent pharmaceutical companies, academic institutes, and government support for research and development contributes to market growth.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (243 ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ) @ https://www.alliedmarketresearch.com/oligonucleotide-synthesis-market/purchase-options

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ:
The Asia Pacific region is experiencing rapid growth in the oligonucleotide synthesis market due to factors such as increasing healthcare expenditure, rising demand for precision medicine, and growing biotechnology and pharmaceutical sectors.
Countries like China, Japan, South Korea, and India are major contributors to market growth in this region, driven by advancements in genomics research, rising population, and increasing awareness about personalized medicine.

The presence of contract research organizations (CROs) offering oligonucleotide synthesis services and favorable government policies promoting biotechnology research and development further support market growth.

๐‹๐š๐ญ๐ข๐ง ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š:
Latin America is witnessing steady growth in the oligonucleotide synthesis market, primarily driven by the increasing adoption of molecular diagnostics, growing focus on precision medicine, and advancements in genomics research.
Brazil, Mexico, and Argentina are key countries contributing to the growth of the market in this region.

Collaborations between academic institutes, research organizations, and industry players, along with government initiatives supporting biotechnology and genomics research, are fueling market growth.

๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ ๐š๐ง๐ ๐€๐Ÿ๐ซ๐ข๐œ๐š:
The oligonucleotide synthesis market in the Middle East and Africa is relatively smaller compared to other regions but is witnessing gradual growth.
Factors such as increasing investments in healthcare infrastructure, rising awareness about genomics-based diagnostics and therapeutics, and growing collaborations with global market players are driving market expansion in this region.
Countries like South Africa, Saudi Arabia, and the United Arab Emirates are the key contributors to market growth.

๐…๐จ๐ซ ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ: https://www.alliedmarketresearch.com/purchase-enquiry/8721

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ
Based on product, the oligonucleotide-based drugs held the largest share in the global market in 2020.

On the basis of application, the therapeutic application held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.

By end user, the hospitals segment held the largest market share in 2020, and is expected to remain dominant throughout the forecast period.

Based on region, North America is expected to experience growth at the highest rate, registering a CAGR of 16.00% during the forecast period.

๐Ž๐ฅ๐ข๐ ๐จ๐ง๐ฎ๐œ๐ฅ๐ž๐จ๐ญ๐ข๐๐ž ๐’๐ฒ๐ง๐ญ๐ก๐ž๐ฌ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ -
โ€ข Thermo Fisher Scientific Inc.,
โ€ข Merck KGaA,
โ€ข Eurofins Scientific,
โ€ข LGC Limited,
โ€ข Danaher Corporation,
โ€ข Integrated DNA Technologies, Inc.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž -https://www.alliedmarketresearch.com/oligonucleotide-synthesis-market-A08356

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐‹๐ข๐Ÿ๐ž ๐’๐œ๐ข๐ž๐ง๐œ๐ž ๐ƒ๐จ๐ฆ๐š๐ข๐ง -
๐‘๐š๐ซ๐ž ๐๐ข๐จ๐ฆ๐š๐ซ๐ค๐ž๐ซ๐ฌ ๐’๐ฉ๐ž๐œ๐ข๐ฆ๐ž๐ง ๐‚๐จ๐ฅ๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐’๐ญ๐š๐›๐ข๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.alliedmarketresearch.com/rare-biomarkers-specimen-collection-and-stabilization-market-A13226

๐Œ๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐ž ๐Œ๐ฒ๐ž๐ฅ๐จ๐ฆ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/multiple-myeloma-market

๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐„๐ฑ๐จ๐ฌ๐ค๐ž๐ฅ๐ž๐ญ๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ https://www.alliedmarketresearch.com/medical-exoskeleton-market-A11183

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Alied 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.

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