What is Oligonucleiotide Synthesis?
Oligonucleotide synthesis is referred to as the chemical synthesis of proportionally short fragments of the nucleic acids with stated chemical structure. The technique is especially useful in the practice of the current laboratory, as it provides rapid and inexpensive access to the custom-made oligonucleotides of the sequence as desired. Oligonucleotide synthesis is basically an integral part of the several ongoing genetic research studies. Growing investments in genetic research are anticipated for boosting demand for a custom synthesis of various classes of oligos which includes aptamers, decoys, immunostimulatory, antisense, miRNA and siRNA.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Agilent Technologies, Inc., ATDBio Ltd. (United Kingdom), GE Healthcare, Eurofins Genomics (Germany), Eurogentec (Belgium), Bio-Synthesis, Inc., BioAutomation Corporation (United States), LGC Biosearch Technologies (United States), Biogen International (United States) and Thermo Fisher Scientific, Inc. (United States) |
CAGR | 13.9% |
The Global Oligonucleiotide Synthesis market is expected to see growth rate of 13.9% and may see market size of USD8.4 Billion by 2027. The study covers a detailed analysis segmented by key business segments i.e. by type (Custom Oligonucleotides and Pre-designed Oligonucleotides) , by application (Research, Diagnostics and Therapeutics) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Oligonucleiotide Synthesis market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Oligonucleiotide Synthesis market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Agilent Technologies, Inc., ATDBio Ltd. (United Kingdom), GE Healthcare, Eurofins Genomics (Germany), Eurogentec (Belgium), Bio-Synthesis, Inc., BioAutomation Corporation (United States), LGC Biosearch Technologies (United States), Biogen International (United States) and Thermo Fisher Scientific, Inc. (United States).
Market Overview:
In March 2018, Danaher acquired IDT, which enhanced Danaher’s Life Sciences platform and expanded its customer base.
Market Trend
Rise in Venture Capital Investments
Restraints
- Price Erosion of Synthesized Oligos
- Lack of A Unified Set of Regulations for therapeutic Oligos
Opportunities
Emerging Asian Markets
Key highlights of the Global Oligonucleiotide Synthesis market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Oligonucleiotide Synthesis market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Oligonucleiotide Synthesis market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Oligonucleiotide Synthesis Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Oligonucleiotide Synthesis market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Oligonucleiotide Synthesis market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment>.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.