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Oligonucleotide Synthesis Market Set for Remarkable Growth, Expected to Surpass US$ 10.17 Billion at 12.55% CAGR by 2032

05-14-2024 08:44 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Oligonucleotide Synthesis Market

Oligonucleotide Synthesis Market

๐†๐ฅ๐จ๐›๐š๐ฅ 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ฌ๐ข๐ณ๐ž ๐š๐ง๐ ๐ฌ๐ก๐š๐ซ๐ž ๐ข๐ฌ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ‘.๐Ÿ“๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐š๐ง๐ ๐ข๐ฌ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž ๐š๐ง ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐จ๐Ÿ ๐”๐’๐ƒ ๐Ÿ๐ŸŽ.๐Ÿ๐Ÿ• ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐š๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก. ๐๐ž๐ฌ๐ข๐๐ž๐ฌ, ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ญ๐ž๐ฌ ๐ญ๐ก๐š๐ญ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ฌ ๐š ๐ซ๐จ๐›๐ฎ๐ฌ๐ญ ๐Ÿ๐Ÿ.๐Ÿ“๐Ÿ“% ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ๐ž๐ ๐ญ๐ข๐ฆ๐ž๐Ÿ๐ซ๐š๐ฆ๐ž, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

The oligonucleotide synthesis market encompasses the manufacturing and supply of oligonucleotides for applications in genetic testing, molecular diagnostics, drug development, and research. These synthesized oligonucleotides serve as primers, probes, antisense oligonucleotides, and therapeutic agents. The oligonucleotide synthesis market involves the production and utilization of short DNA or RNA molecules, known as oligonucleotides, for various applications in research, diagnostics, and therapeutics.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/oligonucleotide-synthesis-market/request-for-sample

๐‹๐ž๐š๐๐ข๐ง๐  ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

The players essentially concentrate on augmentation and alliances to brace their situation in the market.
A list of key companies profiled in the oligonucleotide synthesis market are:
โ€ข Agilent Technologies
โ€ข ATDBio Ltd.
โ€ข Bio-Synthesis Inc.
โ€ข Biosearch Technologies
โ€ข Eurofins Genomics
โ€ข GE Healthcare
โ€ข Genewiz
โ€ข GenScript Corporation
โ€ข Integrated DNA Technologies (IDT)
โ€ข LGC Biosearch Technologies
โ€ข Merck KGaA (including Sigma-Aldrich)
โ€ข Nitto Denko Avecia Inc.
โ€ข Thermo Fisher Scientific
โ€ข TriLink BioTechnologies
โ€ข Twist Bioscience

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

โ€ข The global oligonucleotide synthesis market was valued at USD 3.55 billion in 2023.
โ€ข The market is expected to expand at a CAGR of 12.55% from 2024 to 2032.
โ€ข The industry is expected to grow to USD 10.17 billion by 2032.

๐†๐ž๐ญ ๐€๐ก๐ž๐š๐ ๐ฐ๐ข๐ญ๐ก ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/3883/2

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Oligonucleotides can be configured either enzymatically through cleavage or bigger biomolecules or through earmarked chemical synthesis. In the latter case, oligonucleotide synthesis is a chemical procedure by which nucleoside phosphoramidites, a critical monomeric constituent of oligonucleotides, are synthesized. Nucleoside phosphoramidites are individual by-products of organic or synthetic nucleosides. Nucleotides are thus compound particles comprising a covalently connected nucleoside and a phosphate category. Nucleotides are connected to a particular succession to configure the wanted commodity.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

The growing usage of synthesized oligonucleotides in molecular diagnostics and clinical supplications is expected to drive the demand for oligonucleotide synthesis. Moreover, the sizeable funding cascading into pharmaceutical and biotechnology firms is mostly pushed by government finances and research and development costs, propelling the oligonucleotide synthesis market forward.

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

โ€ข ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ: Oligonucleotides are widely used in basic and applied research, including gene synthesis, PCR amplification, sequencing, and cloning.
โ€ข ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ: Oligonucleotides serve as probes and primers in molecular diagnostics, enabling the detection and quantification of genetic material in clinical samples.
โ€ข ๐“๐ก๐ž๐ซ๐š๐ฉ๐ž๐ฎ๐ญ๐ข๐œ๐ฌ: Synthetic oligonucleotides are used in the development of novel therapeutic agents targeting specific genetic sequences to modulate gene expression or silence harmful genes.
โ€ข ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐š๐ง๐ ๐…๐จ๐จ๐ ๐’๐š๐Ÿ๐ž๐ญ๐ฒ: Oligonucleotides are utilized in agricultural biotechnology for the detection of genetically modified organisms (GMOs) and in food safety testing.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/oligonucleotide-synthesis-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

The oligonucleotide synthesis is mainly based on product, application, and region. Based on product, the synthesized oligonucleotide products segment witnesses the fastest growth due to the existence of genomic studies involving gene countenance analysis and genetic testing. Also, according to application, the PCR primers segment dominated the market.

This can be credited to the rising acquisition of primers in gene sequencing demonstration is significantly pushed by their advantage in fluorescent discernment and aimed magnification, causing manifold primer designs presenting several probe and primer-dependent discernment chemistries.

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ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข In 2023, the synthesized oligonucleotide products segment is expected to witness highest growth during forecast period owing to increased prevalence of genomic studies
โ€ข PCR primers segment is expected to dominate the oligonucleotide synthesis market during forecast period. This is attributed to increase in detecting and measuring gene expression
โ€ข In 2023, North America accounted for the largest revenue share due to presence of major players, technological advancements, and growing awareness of genetic disorders.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐๐ข๐จ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/biotechnology-market

๐„-๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/e-pharma-market

๐‚๐ž๐ฅ๐ฅ ๐‚๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/cell-culture-market

๐•๐ข๐ซ๐ฎ๐ฌ ๐…๐ข๐ฅ๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/virus-filtration-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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