The global oligonucleotide synthesis market is anticipated to expand at a strong 11.2% CAGR from 2017 to 2025 to acquire a value of US$4.189 bn by 2025 from US$1.65 bn in 2016.
Albany, NY -- (SBWIRE) -- 08/14/2017 -- Presently, as a result of the fast growing life science industry, rising application of oligonucleotides in therapeutics and rising focus on genetics and genomics in the research and diagnostics applications, the growth of the oligonucleotide synthesis market is quite significant primarily in developed and developing countries. To learn about the market in-depth, Market Research Reports Search Engine (MRRSE) has included a fresh report to its wide database. The research study titled "Oligonucleotide Synthesis Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025", discusses the current and forecasted status of the oligonucleotide synthesis market to enlighten the readers. Also, market segmentation based on different factors and competitive landscape proves as a sufficient source for new entrants to get familiar with the market insights.
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The report starts with the market definition and scope followed by executive summary concerned with the oligonucleotide synthesis market. Further, the market overview portion comprises qualitative analysis of the overall market considering factors determining the market dynamics such as drivers, restraints, and opportunities. Also, Porter's five force analysis and market attractiveness analysis is also enclosed in this section. A forecast analysis is also offered which includes market revenue projections (US$ Mn), PEST analysis as well as pipeline analysis.
As per key research findings, the global oligonucleotide synthesis market is anticipated to expand at a strong 11.2% CAGR from 2017 to 2025 to acquire a value of US$4.189 bn by 2025 from US$1.65 bn in 2016. The next section of the report deals with the market segmentation on the basis of product, application and end user. Considering the product segment, the market is segmented as, reagents & consumables, equipment, and synthesized oligonucleotide. Also, the synthesized oligonucleotide segment is further segmented as, DNA oligonucleotides, RNA oligonucleotides, and others. Furthermore, on the basis of application, the global oligonucleotide synthesis market is bifurcated as research, therapeutics, and diagnostics. Among these, the research segment accounted major share in 2016 in the overall oligonucleotide synthesis market. In the present time, the end users for global oligonucleotide are biotechnology & pharmaceutical companies, diagnostic laboratories, and research institutes.
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Geographically, the global oligonucleotide synthesis market is focused towards the prime regions, namely, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. For each region, market size forecast has been provided for the period 2015 to 2025, in terms of product, application and end user, in addition to the CAGR (%) for the forecast period 2017 to 2025.
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