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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Worldwide Oligonucleotide Synthesis Industry to 2026 - Featuring Agilent Technologies, GenScript and Horizon Discovery Among Others - ResearchAndMarkets.com

December 16, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Dec 16, 2021--

The “Oligonucleotide Synthesis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global oligonucleotide synthesis market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the global oligonucleotide synthesis market to grow at a CAGR of 12.7% during the forecast period (2021-2026).

Companies Mentioned

  • Agilent Technologies Inc.
  • Biolegio B.V.
  • Bio-Synthesis Inc
  • Eurofins Genomics
  • GenScript
  • Horizon Discovery Ltd
  • Integrated DNA Technologies Inc (Danaher Corporation)
  • Kaneka Eurogentec S.A. (Kaneka Corporation)
  • LGC Limited
  • Nitto Denko Avecia Inc (Nitto Denko Corporation)
  • Thermo Fisher Scientific Inc.

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Oligonucleotide synthesis is a chemical process wherein short fragments of nucleic acids are linked to each other for forming desired sequenced products. It can be customized by researchers according to the application and their requirements. It is used as primers and probes in recombinant DNA technologies to develop monoclonal antibodies.

It is also utilized in biological, medical, forensic, and clinical applications for gene expression, cloning, molecular diagnostics, and genetic disease screening. Moreover, it is gaining traction in therapeutics practices for several drugs on account of the introduction of automated reactor platforms, which provide access to oligonucleotides at reasonable prices.

With the increasing cases of coronavirus disease (COVID-19) and the urgency for a potential treatment, new generations of oligonucleotide drugs, including mRNA and DNA vaccines, are currently under development. Apart from this, the growing incidences of cancer and other chronic illnesses have resulted in the rising demand for novel diagnostics, which is influencing the need for oligonucleotide synthesis to help develop effective therapies and diagnostic techniques. The increasing geriatric population and demand for personalized medicines are also bolstering the market growth.

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Additionally, with advances in purification and quality control technologies, the overall cost of oligonucleotide techniques can be decreased while substantially increasing quality and yield. This is promoting the application of oligonucleotide synthesis in a range of available modifications. Apart from this, several oligonucleotide-based therapies are in different stages of clinical trials. This is anticipated to propel the demand for oligonucleotide synthesis to treat viral infections, rare genetic disorders, and neuromuscular conditions.

Key Questions Answered in This Report:

  • How has the global oligonucleotide synthesis market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global oligonucleotide synthesis market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global oligonucleotide synthesis market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Oligonucleotide Synthesis Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Product

7 Market Breakup by Application

8 Market Breakup by End Use

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/88q5nu

View source version on businesswire.com:https://www.businesswire.com/news/home/20211216005854/en/

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SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 12/16/2021 11:06 AM/DISC: 12/16/2021 11:06 AM

http://www.businesswire.com/news/home/20211216005854/en