Global Oligonucleotide Synthesis Market Is Likely To Be Valued At US$ 5.7 Billion In FY 2022

Healthcare

The study on the Global Oligonucleotide Synthesis Market Insights published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Oligonucleotide Synthesis Market Insights in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Oligonucleotide Synthesis Market Insights during the forecast period.

The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynami cs of the Oligonucleotide Synthesis Market Insights in the assessment period.

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Key Segments Covered in the Oligonucleotide Synthesis Industry Survey

  • Oligonucleotide Synthesis by Product :

    • Oligonucleotide Synthesis Reagents & Consumables
    • Oligonucleotide Synthesis Equipment
    • Synthesized Oligonucleotides:
      • DNA Oligonucleotides
      • RNA Oligonucleotides
    • Other Oligonucleotide Synthesis Products
  • Oligonucleotide Synthesis by Application :

    • Oligonucleotide Synthesis for Research
      • Polymerase Chain Reaction (PCR)
      • Next-Generation Sequencing
      • Others
    • Oligonucleotide Synthesis for Therapeutics
      • Antisense Oligonucleotides
      • Nucleic Acid Aptamers
    • Oligonucleotide Synthesis for Diagnostics
  • Oligonucleotide Synthesis by End User :

    • Oligonucleotide Synthesis Products for Biotechnology & Pharmaceutical Companies
    • Oligonucleotide Synthesis Products for Research Institutes
    • Oligonucleotide Synthesis Products for Diagnostic Laboratories
  • Oligonucleotide Synthesis by Region :

    • North America Oligonucleotide Synthesis Market
    • Latin America Oligonucleotide Synthesis Market
    • Europe Oligonucleotide Synthesis Market
    • Asia Pacific Oligonucleotide Synthesis Market
    • Middle East & Africa Oligonucleotide Synthesis Market

Competitive Landscape

Prominent Oligonucleotide Synthesis providers are reliant on partnerships, collaborations, acquisitions, and new software launches to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.

  • In January 2021, Thermo Fisher Scientific Inc., the world leader in serving science, and Groupe Novasep SAS (Novasep), a leading supplier of services and technologies for the life sciences industry announced that Thermo Fisher has completed the acquisition of Henogen S.A., Novasep’s viral vector manufacturing business in Belgium for approximately 725 Million Euros in cash.
  • In June 2019, CordenPharma International and GE Healthcare’s Dharmacon Business have entered a strategic collaboration to create an end-to-end solution for oligonucleotide-based drug discovery. The collaboration addressed the speed and capacity challenges researchers face when transitioning from research and preclinical stages to drug development and clinical trials.

Key Challenges to Oligonucleotide Synthesis Industry Expansion

High Costs Likely to Hinder Growth of Oligonucleotide Synthesis Market

The significance of synthetic oligos as therapeutic drugs for treating diseases has full-fledged significantly in the last decade.

Though, there have been numerous instances in the past, wherein owing to high complications such as high cost & severe side effects, countless drugs have been inhibited or have been abortive in clinical trial phases. Such instances could become recurring and may restrict market growth to a certain extent.

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