Oligonucleotide Pool Library Market Scope
Oligonucleotide pools are a highly diverse collection of single-stranded oligonucleotides synthesized using silicon-based DNA writing technology. Oligo pools are utilized in various applications such as the generation of CRISPR guide RNA (sgRNA) libraries, peptide screens, protein screens, and high-throughput reporter assays. CRISPR guide RNA (sgRNA) libraries are for cloning into expression vectors. Accuracy and uniformity of oligo synthesis are critical to ensure the specificity of targeting and oligo representation.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Oligonucleotide Pool Library market throughout the predicted period.
Agilent Technology (United States), Eurogentec S.A (Kaneka Corporation) (Belgium), Merck Group (Sigma Aldrich) (Germany), Illumnia Inc. (United States), LGC Biosearch Technologies (United States), Eurofins Genomics (Germany), Roche Sequencing (United States), Integrated DNA Technologies (United States), Nitto Denko Avecia Inc (United States) and General Biosystems (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Arbor Biosciences (United States), Twist Bioscience (United States), Genscript Biotech (United States), LC Sciences (United States) and Creative Biogene (United States).
Segmentation Overview
The study have segmented the market of Global Oligonucleotide Pool Library market by Type (12K Different Oligo per Pools, 90K Different Oligo per Pools and Other), by Application (Target Capture, CRISPR/Cas9 Designs, Gene Synthesis, Library Preparation and Other) and Region with country level break-up.
On the basis of geography, the market of Oligonucleotide Pool Library has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing demand for oligonucleotide pool libraries, due to their extensive applications in research, diagnostics, therapeutics, and biotechnology
Market Growth Drivers:
Increasing Use of Synthesized Oligos in Molecular Diagnostics and Clinical Applications and Subsequent Improvements in Oligonucleotide Synthesis
Challenges:
Large-Scale Synthesis of Oligos and Delivery of Oligonucleotide Drugs to Specific Targets
Restraints:
Price Erosion of Synthesized Oligos and Lack of A Unified Set of Regulations for therapeutic Oligos
Opportunities:
Increasing Government Investments and R&D Expenditure in Pharmaceutical and Biotechnology Companies and Rise in Venture Capital Investments in Developed Economies
Market Leaders and their Expansionary Development Strategies
In February 2019, Thermo Fisher Scientific entered into an agreement with BioNTech (Germany). Through this agreement, BioNTech's messenger RNA (mRNA) manufacturing platform will be supported by Thermo Fisher through the supply of nucleotides, enzymes, and other critical raw materials.
Key Target Audience
Oligonucleotide Pool Library Providers, Bio-Medical Research Organisation, Government and Private Organisation, End User and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.