Oligonucleotide Synthesis Market to Garner US$ 3,971.72 Mn by 2030 with Leading Vendors: Nuclera Nucleics, Camena Bioscience, Synthomics, Ansa Biotechnologies

The global Oligonucleotide Synthesis Market accounted for US$ 1,584.16 Mn in 2022 and is expected to grow at a CAGR of +11% during the forecast period 2023 - 2030, to account to US$ 3,971.72 Mn by 2030.

Oligonucleotides have many applications in research, disease diagnosis, therapeutics, forensics, drug discovery, agriculture, and many more. Oligonucleotides are used in many biological and forensic applications as sequence-specific binding agents that can help in identifying the presence of a specific target DNA sequence. Synthetic oligonucleotides are short stretches of single-stranded DNA fragments assembled by chemical synthesis. There is hardly a field in biology in which synthetic DNA has not been used or does not have the potential to be used. The main reason for such a turnabout is the simultaneous development of methods for the rapid and efficient synthesis of oligonucleotides and the advent of molecular biology techniques. Researchers are also using oligonucleotides to produce more efficient, greener chemical synthesis. By assembling oligonucleotides together into longer fragments that encode synthetic genes, bacteria or yeast cells can be instructed to produce specific enzymes (a type of protein).

Oligonucleotides has tremendous potential for treating wide range of medical conditions. They enable the development of therapeutics as the malfunctioning genes can be targeted, manipulated, silenced and/or modulated. Ionis Pharmaceuticals has dedicated its existence to oligonucleotide therapeutic development, particularly antisense oligonucleotide (ASO) therapeutics. Thus, the promising potential of synthesized oligonucleotides in various fields drives the market growth.

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Top key vendors:
• Molecular Assemblies
• Twist Biosciences
• Evonetix
• DNA Script
• Nuclera Nucleics
• Camena Bioscience
• Synthomics
• Ansa Biotechnologies
• Helixworks
• Iridia
• Keasling Laboratories

OLIGONUCLEOTIDE SYNTHESIS - MARKET SEGMENTATION

By Product
• Synthesized Oligonucleotides
o Primers
o Probes
o Large-Scale Synthesis Oligonucleotides
o Others
• Reagents
• Equipment

By Application
• Research
• Diagnostics
• Therapeutics

By End User
• Academic Research Institutes
• Pharmaceutical & Biotechnology Companies
• Diagnostic Laboratories
• Other End Users

The regional analysis covers:
• North America (U.S. and Canada)
• Latin America (Mexico, Brazil, Peru, Chile, and others)
• Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
• Middle East and Africa (GCC, Southern Africa, North Africa)
North America, Latin America, Asia-Pacific, Africa, and Europe have been examined on the basis of different leading key players. The business profiles of several top-level companies have been profiled to get informative data for making further decisions in the businesses. The study estimates the factors that are driving or hampering the growth of the industries.

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The report highlights the risks and challenging factors which has been faced by different stakeholders and new entrants in the Oligonucleotide Synthesis Market. Additionally, it offers a closer and analytical look at numerous companies that strive for the highest market shares. The report also elaborates on the global opportunities and ways to enlarge the businesses globally. It presents the scope of this Global Market in the developing and developed regions. It also covers how the concept of this Oligonucleotide Synthesis Market is giving new opportunities for increasing global customers rapidly. This informative report further makes use of graphical presentation techniques such as graphs, tables, charts and pictures.

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