The Oligonucleotide Synthesis Global Market Report 2023, provides comprehensive information on the oligonucleotide synthesis market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global oligonucleotide synthesis market is expected to grow from $6.1 billion in 2022 to $7.08 billion in 2023 at a compound annual growth rate (CAGR) of 16.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oligonucleotide synthesis market is expected to reach $12.74 billion in 2027 at a CAGR of 15.8%.
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Product innovation is the key trend gaining popularity in the oligonucleotide synthesis market. Major companies operating in the oligonucleotide synthesis market are developing innovative products to sustain their position in the market. For instance, in July 2021, DNA Script, a France-based DNA synthesis company, launched Syntax, a benchtop DNA printer designed for molecular biology and genomics applications. The printer enables the on-site synthesis of DNA oligonucleotides (oligos) for genomics workflow. Syntax, powered by the enzymatic DNA synthesis (EDS) technology of DNA Script, is the company’s first tabletop nucleic acid printer. The Syntax system has a desktop DNA printer, consumables and reagent kits, and management software. The Syntax takes less than 15 minutes to set up and can synthesize 20 meters in as little as six hours and as many as 60 meters in as little as 13 hours. The printer then purifies, quantifies, and normalizes the oligos when synthesis is finished so they can be used in the following stage of the research procedure.
The oligonucleotide synthesis market is segmented:
1) By Type: Custom Oligos, Predesigned Oligos
2) By Product Type: Oligonucleotides, Reagents, Equipment, Services, Purification, Modification
3) By Application: Therapeutic Applications, Research Applications, Diagnostic Applications
North America was the largest region in the oligonucleotide synthesis market in 2022.
The table of contents in TBRC’s oligonucleotide synthesis market report includes:
1. Executive Summary
2. Oligonucleotide Synthesis Market Characteristics
3. Oligonucleotide Synthesis Market Trends And Strategies
4. Oligonucleotide Synthesis Market – Macro Economic Scenario
5. Oligonucleotide Synthesis Market Segmentation.
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26. South America Oligonucleotide Synthesis Market
27. Brazil Oligonucleotide Synthesis Market
28. Middle East Oligonucleotide Synthesis Market
29. Africa Oligonucleotide Synthesis Market
30. Oligonucleotide Synthesis Market Competitive Landscape And Company Profiles
Top Major Players:
- Thermo Fisher Scientific Inc
- Danaher Corporation
- Merck KGaA
- GE HealthCare Technologies Inc
- Eurofins Scientific SE
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