Oligonucleotides Market Size to reach US$ 1489.5 Million with 10.5% CAGR by 2024 Globally

Global Oligonucleotides Market

Oligonucleotides are short nucleic acid polymers used in research, genetic testing and forensics.

Oligonucleotides are usually made up of 13 to 25 nucleotides and are designed to hybridize specifically to DNA or RNA sequences. Solid-phase clinical synthesis is used to manufacture these small bits of nucleic acid for use in polymerase chain reaction PCR, DNA sequencing, library construction, and artificial gene synthesis.

The oligonucleotide is widely used in Research, Pharmaceutical, and Diagnostic. The most proportion of Oligonucleotide used in Research, and the revenue in 2018 is 409.97 M USD. Moreover, the increase in focus on targeted gene therapies has revolutionized the treatment of incurable conditions caused by genetic mutations. Increase in demand for sequencing applications by clinical, diagnostic, academic, and drug development is witnessed by manufactures.

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North America is the largest customer of Oligonucleotide, with a revenue market share nearly 37.51% in 2018. Europe is the second largest consumer of Oligonucleotide, enjoying revenue market share nearly 30.5% in 2018. Asian countries are recognized as the fastest adopters of sequencing, array technology, and PCR products due to rapid progress in genomics studies and the healthcare sector. Japan and China are considered the most attractive markets with respect to expansion and growth opportunities present in these countries. In addition, changing economic scenario, along with high investments in healthcare, life science-related research programs, and genetics, has encouraged global players to enter the Asia Pacific market, thus aiding its growth.

According to this study, over the next five years, the Oligonucleotides market will register a 10.5% CAGR in terms of revenue, the global market size will reach US$ 1489.5 million by 2024, from US$ 905.9 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Oligonucleotides business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Oligonucleotides market by product type, application, key manufacturers and key regions and countries.

This study considers the Oligonucleotides value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

DNA Oligos
RNA Oligos

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Pharmaceutical
Research
Diagnostic

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa
GCC Countries

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Integrated DNA Technologies
Agilent
Sigma-Aldrich
Eurofins Genomics
L.G.C Biosearch Technologies
Eurogentec S.A
Nitto Denko Avecia Inc
GenScript
BBI Life Sciences
GeneDesign
TriLink BioTechnologies
SGS DNA
LC Sciences
Twist Bioscience
Creative Biogene
General Biosystems

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Oligonucleotides consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Oligonucleotides market by identifying its various sub-segments.
Focuses on the key global Oligonucleotides manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.
To analyze the Oligonucleotides with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Oligonucleotides submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Content Covers the Topics mentioned below

2019-2024 Global Oligonucleotides Consumption Market Report

Scope of the Report
Executive Summary
Global Oligonucleotides by Players
Oligonucleotides by Regions
Americas Market
APAC Market
Europe Market
The Middle East & Africa Market
Market Drivers, Challenges and Trends
Marketing, Distributors, and Customer
Global Oligonucleotides Market Forecast
Key Players Analysis
Research Findings and Conclusion

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