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Global Oligonucleotide Synthesis Market Growth Insights and Forecast To 2027

The global oligonucleotide synthesis market is anticipated to grow significantly i.e. 17.5% CAGR owing to increased adoption of synthesized oligos in therapeutic, diagnostic, and clinical applications, increased funding from the government, and rising emphasis for personalized medicine. In addition, the reducing cost of sequencing, and increased expenditure on genomics, and increased venture capital investment will accelerate the growth of the global oligonucleotide synthesis market.

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Global Oligonucleotide Synthesis Market Growth Insights and Forecast To 2027

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  1. Global Oligonucleotide Synthesis Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Oligonucleotide Synthesis Market The global oligonucleotide synthesis market is anticipated to grow significantly i.e. 17.5% CAGR owing to increased adoption of synthesized oligos in therapeutic, diagnostic, and clinical applications, increased funding from the government, and rising emphasis for personalized medicine. In addition, the reducing cost of sequencing, and increased expenditure on genomics, and increased venture capital investment will accelerate the growth of the global oligonucleotide synthesis market. The COVID-19 outbreak had a positive impact on the global oligonucleotide synthesis market as established pharmaceutical and biotechnology companies along with industry players of the global oligonucleotide synthesis market have contributed to producing oligo products to develop test kits, treatments, and vaccines to combat the infectious coronavirus disease. For instance, Bio-Synthesis Inc. has made ready-to-use cocktail assortments for example the SARS-CoV-2 N1 Oligo Mix, the SARS-CoV-2 N2 Oligo Mix, and the Human RNase P (RP) Oligo Mix for COVID-19 research.

  4. Global Oligonucleotide Synthesis Market Based on the product, the synthesized oligonucleotides segment dominates the market owing to the wide adoption of synthesizers and consumables such as PCR primers have led to the increased share of synthesis products. Moreover, PCR technologies in the research and diagnostic field have a massive adoption owing to their cost-effectiveness, ease to use, and highly sensitive. North America dominates the oligonucleotide synthesis market owing to the rising R&D activities in life sciences, increased emphasis on the safety & quality of healthcare, mounting demand for high-quality research tools for data reproducibility, and increased demand to develop personalized therapeutics. In addition, the presence of several industry players in this region and a strong foothold in genomics, proteomics, oncology, diagnostic screening, and drug discovery will further contribute to the growth of the oligonucleotide synthesis market.

  5. Global Oligonucleotide Synthesis Market There are growing opportunities in the Asia-Pacific region that will accelerate the growth of the oligonucleotide synthesis market. The demand is high in China, Japan, and Singapore. China is setting up a new facility for RNA oligonucleotide synthesis procedures. In addition, new approvals for oligonucleotide synthesis drugs particularly for spinal muscular diseases will augment the growth. In 2021, Thermo Fisher Scientific has collaborated with the University of Sheffield to develop advanced end-to-end workflows for the characterization and monitoring of complex oligonucleotide and mRNA products. The prominent players in the oligonucleotide synthesis industry include Merck KGaA, Agilent Technologies, LGC Biosearch Technologies, Eurofins Genomics, Eurogentec, GE Healthcare, Thermo Fisher Scientific, and Nitto Denko Avecia Inc.

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