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Oligonucleotide Synthesis Market by Product & Services, Application, End user - Forecasts to 2021

Oligonucleotide Synthesis Market: Forecasts until 2021

  • December 2016
  • 249 pages
  • ID: 4477042
In this report:
The synthesized oligonucleotides segment is expected to account for the largest share (~##.##%) of the oligonucleotide synthesis market, by product and service, in the U.S. This segment is projected to reach USD ##.## million by 2021 from USD ##.## million in 2015, at a CAGR of ##.##% during the forecast period.

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The overall oligonucleotide synthesis market is poised to reach ~$2.2B by 2021 from ~$1.3B in 2016, increasing at a compound annual growth rate (CAGR) of 10.60 percent from 2016 to 2021.

Top factors providing to the rise of the overall oligonucleotide synthesis market contain growing R&D expenses in the pharmaceutical and biotechnology firms, the increasing demand for synthesized oligonucleotides due to the increasing field of molecular diagnostics, rising government investments to expand genomic technologies, increasing venture capital investments, and growing demand for synthetic genes. The rising applications of oligonucleotides in nucleic acid array-based technologies, library preparations, next-generation sequencing, genomics, nucleic acid-base detections, cell cultures, diagnostics, therapeutics, human identity testing, cloning, and genetic engineering and synthetic biology also play a vital role in the development of this market. Nevertheless, price erosion and a lack of regulations for therapeutic oligonucleotides could hinder the increase of this market during the outlook period.

North America continent commands the biggest share of the overall oligonucleotide synthesis market in 2016 and is anticipated to grow at a second-highest increase rate from 2016-2021. According to the Centers for Disease Control and Prevention, in 2016, chronic diseases recorded for 7 out of 10 deaths and 86.0 percent of healthcare costs in the U.S. It was reported that ~50% of Americans suffer from at least one chronic disease. Considering the potential of oligonucleotides in the treatment of chronic diseases, the oligonucleotide synthesis market is anticipated to flourish in the next years, provided these drugs get quick market approvals.

Asia Pacific (APAC) is anticipated to grow at the highest compound annual growth rate (CAGR). The important increase in this industry is assigned to increasing R&D funding, growing product availability, low outsourcing costs, and growing research activities in the territory. Moreover, Elements such as the rising applications of oligonucleotides in molecular diagnostics and therapeutics and rise in the number of oligonucleotide-related conferences in the Asia Pacific (APAC) area are further anticipated to drive industry growth. Some prominent industries in Asia-Pac contain China (CN), India (IN), and Japan (JP).

Segment Research

This sector is clasified on the basis of product & services, application, final user, and area. Apart from comprehensive geographical study, product review, and sizing of market, the analysis also offers a competitive analysis that includes increase strategies approved by sector actors in the last three years. Additionally, the corporation reviews include basic views on the top players and their products review, advancements, and strategies approved. The above mentioned market research data, current market sizes, and projection of future trends will facilitate top players and new sector entrants make informed decisions regarding product offerings, spatial focus, changes in strategic way, Research and development investments for modernizations in products and technologies, and levels of output in order to remain profitable.

Why Purchasing This Study Can Help You:

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations collect greater segment market share. Companies obtaining the industry report can use any one or an aggregation of the below-mentioned five strategies for strengthening their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product portfolios of top actors in the oligonucleotide synthesis market. The analysis examines the oligonucleotide synthesis market by product and services, application, end-user, and area.

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the oligonucleotide synthesis market.

- Opposing assessment: In-depth assessment of market strategies, geographical and industry segments, and product review of the main players in the oligonucleotide synthesis market.

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the sector for oligonucleotide synthesis across geographies.

- Industry diversification: Complete information about recent products and services, untapped areas, recent evolutions, and market investments in the oligonucleotide synthesis market.

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