Comprehensive Market Analysis on Oligonucleotide Synthesis Market projected to reach USD 27.61 Billion by 2030 | CAGR of 15.7% | Forecast period 2023-2030, published by MarketDigits

Oligonucleotide Synthesis Market Scope:
Market size value in 2023 - 9.95 Billion
Market size value in 2030 - USD 27.61 Billion
CAGR (2023-2030) - 15.7%
Forecast Period - 2023-2030
Segments Covered - Product Type, Application, End Use, by Scale and Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Hongene Biotech Corporation, DH Life Sciences, Biolytic Lab Performance, Thermo Fisher Scientific, Tokyo Chemical Industry

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Browse in-depth TOC on Oligonucleotide Synthesis Market
178-Tables
95-Figures
330-Pages

North America dominates the market for Oligonucleotide Synthesis.
North America accounts for the largest revenue share in the global Oligonucleotide Synthesis Market, which drive demand for custom oligonucleotides in drug discovery, development, and manufacturing processes. North America boasts a strong presence of leading presence of major market players, research institutions, and academic centers, contributing to the region's leadership in this market. The United States, in particular, is home to a large number of biotech startups and pharmaceutical companies actively engaged in oligonucleotide-based research and therapeutics, further bolstering market growth.
Asia Pacific has been experiencing rapid growth in the biotechnology and pharmaceutical sectors, driven by factors such as increasing investment in healthcare infrastructure, rising research and development activities, and a growing biopharmaceutical market. The region is known for its major market players and cost-effective production processes, which could attract global oligonucleotide synthesis companies to establish or expand their presence in Asia Pacific. Asia Pacific's increasing prominence in biotechnology and pharmaceuticals could lead to its emergence as a dominant force in the market.

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Top Key Players Covered in the Report-
Agilent Technologies, Biolegio B.V, Biolytic Lab Performance, DH Life Sciences, Eurofins Scientific, Hongene Biotech Corporation, Ionis Pharmaceuticals, KANEKA CORPORATION, Maravai LifeSciences, Synbio Technologies , Thermo Fisher Scientific, Tokyo Chemical Industry, and Others.

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Recent Developments-
In January 2022, A prominent science and technology firm has entered into a firm agreement to purchase Exelead, a biopharmaceutical contract development and manufacturing entity. Exelead is renowned for its expertise in intricate injectable formulations, particularly its Lipid Nanoparticle (LNP) based drug delivery technology, crucial for mRNA therapeutics employed in combating Covid-19 and various other medical conditions.

https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-oligonucleotide-synthesis-market-projected-to-reach-usd-2761-billion-by-2030

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This release was published on openPR.