Oligonucleotide Synthesis Market To Inch Towards Exponentiation At A CAGR Of 13.9% Between 2025

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Oligonucleotide Synthesis Market
Report Id PMRREP3296 Category Life Science
Healthcare
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Oligonucleotide Synthesis Market To Inch Towards
Exponentiation At A CAGR Of 13.9 Between 2025

• Oligonucleotides are short fragments of nucleic
  acids and play a major role in drug discovery and
  molecular diagnostic chip technology.
  Oligonucleotide synthesis occurs either
  commercially to provide services for various end
  users or individually via DNA synthesizers for
  self-consumption.
• The achievements of life sciences researchers and
  scientists in the recent years have expanded the
  understanding of biological systems at the
  molecular level, which has generated more
  opportunities and growth in life sciences
  research and applications.
• A new research report by Persistence Market
  Research titled Oligonucleotide Synthesis
  Market Global Industry Analysis 2012 2016 and
  Forecast 2017 2025 presents a complete
  overview of the global oligonucleotide synthesis
  market. According to the forecast, the global
  oligonucleotide synthesis market is expected to
  reach a market value of over US 770 Mn by 2025.
  The global market is expected to grow at an
  exceptional rate with a CAGR of 13.9 during the
  forecast period.

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Global Oligonucleotide Synthesis Market
Segmental Analysis
Based on Region, Asia Pacific is expected to
dominate the global oligonucleotide synthesis
market with a robust growth rate of 9.8 during
the forecast period. However North America is
expected to hold the maximum market value during
the study period. Based on Service Type, the
custom oligonucleotide synthesis segment is
expected to lead the global market during the
forecast period. On the basis of Application,
the academic RD segment dominates the global
oligonucleotide synthesis market in terms of
revenue with the highest growth rate and revenue
share. The academic RD segment is expected to
witness a CAGR of 8.4 during the forecast
period. On the basis of End Users, the academic
and research institutes segment dominates the
global oligonucleotide synthesis market. The
biopharmaceuticals companies segment is also
expected to grow at a rate similar to academic
and research institutes.
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