Press Releases

Oligonucleotide Synthesis Market to Set $20.31 Bn by 2034

Oligonucleotide Synthesis Market Size & Companies

The global oligonucleotide synthesis market is projected to grow from an estimated US$ 5.59 billion in 2024 to US$ 20.31 billion by 2034, reflecting a compound annual growth rate (CAGR) of 13.78%. This growth is primarily driven by the increasing demand within the biotechnology sector.

Download statistics of this report @ https://www.towardshealthcare.com/download-statistics/5202

Key Insights into the Oligonucleotide Synthesis Market

  • Market Share by Region: North America accounted for 41.02% of the market share in 2023, making it the dominant region. Meanwhile, the Asia Pacific region is anticipated to exhibit the fastest growth rate during the forecast period.
  • Market Share by Product & Service: The services segment led the market in 2023, holding the largest share.
  • Market Share by Application: In 2023, the PCR primers segment was the most significant application in the market.

Wide Applications in Life Sciences

Oligonucleotide synthesis involves the precise joining of nucleotides to create specific sequences. Typically, packed-bed columns are used in continuous solid-phase synthesis, while batch slurry reactions may be employed in some scenarios. Oligonucleotides serve as sequence-specific binding agents in various biological and forensic applications to detect target DNA sequences. Modified oligos have been crucial in numerous life science applications, especially in molecular diagnostics and therapeutic contexts.

The Role of AI in Enhancing the Oligonucleotide Synthesis Market

Artificial intelligence (AI) plays a pivotal role in the development and modification of therapeutic oligonucleotides. For instance, Sylentis utilizes its sirFinder program, which employs sophisticated algorithms to analyze extensive datasets and predict the effectiveness of synthesized oligonucleotides. Such tools enhance the precision and speed of gene therapy development.

Noteworthy Example: In March 2022, Creyon Bio raised $40 million in a Series A funding round led by DCVC Bio and Lux Capital, aiming to develop precision medications using machine learning to design treatments for both individual patients and larger populations.

Top Companies in the Oligonucleotide Synthesis Market

  • Thermo Fisher Scientific, Inc.
  • Biolegio
  • Agilent Technologies
  • Bio-synthesis
  • Dharmacon Inc.
  • Kaneka Eurogentec S.A.
  • Merck KGaA
  • LGC Biosearch Technologies
  • Codexis Inc.
  • Danaher Corporation
  • Twist Bioscience
  • Asahi Kasei Bioprocess (AKB)

Discover our detailed Table of Contents (TOC) for the Industry, providing a thorough examination of market segments, material, emerging technologies and key trends. Our TOC offers a structured analysis of market dynamics, emerging innovations, and regional dynamics to guide your strategic decisions in this rapidly evolving healthcare field – https://www.towardshealthcare.com/table-of-content/oligonucleotide-synthesis-market-sizing

To own our research study instantly, Click here @ https://www.towardshealthcare.com/price/5202

You can place an order or ask any questions, please feel free to contact us at sales@towardshealthcare.com

About Us

Towards Healthcare is a leading global provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations. We are a global strategy consulting firm that assists business leaders in gaining a competitive edge and accelerating growth. We are a provider of technological solutions, clinical research services, and advanced analytics to the healthcare sector, committed to forming creative connections that result in actionable insights and creative innovations.

Explore the comprehensive statistics and insights on healthcare industry data and its associated segmentation: Get a Subscription

For Latest Update Follow Us: https://www.linkedin.com/company/towards-healthcare

 

Raj Dombe

Recent Posts

Subcutaneous Biologics Market Set to Surge: A Self-Care Revolution in Therapeutics

Market Overview The global subcutaneous biologics market is on a strong growth trajectory, projected to expand from USD 1.89 billion… Read More

26 seconds ago

Exploring the Future of the Primary Progressive Multiple Sclerosis Market

The landscape of Primary Progressive Multiple Sclerosis (PPMS) is on the brink of a transformative decade. With innovative research, strategic… Read More

20 minutes ago

Needle-Free Drug Delivery Devices Market: Revolutionizing Pain-Free Treatment

Market Overview The global needle-free drug delivery devices market is on an impressive growth trajectory. Valued at USD 14.24 billion… Read More

41 minutes ago

Global Thyroid Cancer Diagnostics Market: Trends, Growth, and Emerging Opportunities

The global thyroid cancer diagnostics market is experiencing steady growth as advancements in medical technologies continue to enhance early detection,… Read More

22 hours ago

Autoimmune Disease Diagnostics Market: Trends, Insights & Future Outlook

The global autoimmune disease diagnostics market is poised for significant growth in the coming decade. Market forecasts indicate a surge… Read More

23 hours ago

Europe Dermal Filler Market: Trends, Growth, and Future Outlook

The Europe dermal filler market is witnessing remarkable growth, fueled by rising beauty consciousness, advancements in non-invasive aesthetic procedures, and… Read More

23 hours ago