Oligonucleotide Synthesis Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The oligonucleotide synthesis market is anticipated to grow at a CAGR of around 12.7% during the forecast period. The growth in the life science industries and rising application in therapeutics, genetics, and genomics in the research and diagnostics. The oligonucleotide synthesis market has been growing significantly owing to increasing online and strong pipelines of the oligonucleotide, the growing burden of chronic diseases and rising consolidation of the market. However, lack of regulatory scenario for the oligonucleotide, challenging drug delivery technique and complex therapeutics classification owing to a large range of oligonucleotides is the restraining factor that hampers the market growth.
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The oligonucleotides services offered by the manufacturers are available
based on the customer requirement that enables the identification of specific
genes in the procedure of life science research. Different types of fragment
oligonucleotides are available that are prepared and used by various industry
such as for research for life science, the oligos are utilized as PCR probes
and primers, gene editing (CRISPR), and DNA sequencing for the diagnostics
applications. The oligonucleotide is used as a microarray panel, therapeutics
application and fluorescence in situ hybridization and as well as used as
nucleic acid aptamers, antisense, gene, and cell therapy and among others.
Moreover, the large range of applications in the area of research, therapeutics,
data storage, synthetic biology, increasing research-oriented programs,
diagnostics, and drug discovery are fuelling the requirement of the
oligonucleotide synthesis in the biotechnology industry.
Currently, the market has witnessed a considerable increase in the
acquisition of various small-scale oligonucleotide synthetic companies by key
players to vast their product & services offerings and improve their
presence in the market. For instance, in April 2019, GenScript had announced a
launch of single-stranded DNA services. The new services provide researchers to
access high quality, DNA for CRISPER based gene insertion, cell therapy,
enabling to accelerate the development of gene therapy and also the transgenic
animal model for cancer treatment. Moreover, across the globe, the
oligonucleotide synthesis market is increasing owing to favourable government
policies, increasing prevalence of infectious diseases such as hepatitis and
cancer, advancements in synthesis technology, and ongoing research in synthetic
biology.
A
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Global
Oligonucleotide Synthesis Market Segmentation
·
Synthesized
Oligonucleotide Product
·
Probe
·
Primer
·
Other
(Linkers)
·
Reagent
·
Equipment
By Type
·
Custom
·
Pre-Designed
By
Application
·
Research
·
Diagnostics
·
Therapeutics
Regional
Analysis
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin
America
·
Middle
East & Africa
Company
Profiles
·
Agilent
Technologies, Inc.
·
Ajinomoto
Co., Inc.
·
ATDBio,
Ltd.
·
Biolytic
Lab Performance Inc.
·
Bio-Synthesis
Inc.
·
Danaher
Corp.
·
Eurofins
Genomics, LLC
·
Eurogentec
S.A.
·
General
Electric (GE) CO.
·
GenScriptBiotech
Corp.
·
LGC,
Ltd.
·
Merck
KGaA
·
Nitto
Denko Avecia Inc.
·
PolygenGmbh
·
Quintara
Biosciences
·
Thermo
Fisher Scientific, Inc.
·
Twist
Bioscience Corp.
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