On the basis of technology, the market is segmented into DNA sequencing, genome engineering, biological components and integrated systems, and bioinformatics. The demand for synthesized oligonucleotides is expected to increase in the coming years, on account of the growing trend of contract manufacturing of oligonucleotides.
Thus, the rising prevalence of chronic and infectious diseases in APAC is expected to provide ample growth opportunities to the oligonucleotide synthesis market players in the region.
Oligonucleotide Synthesis Market Dynamics Drivers Advancements in oligonucleotide synthesis and increasing research activities in synthetic biology are driving the growth of the oligonucleotide synthesis market. Synthetic biology combines the increasing knowledge of genomics with the chemical synthesis of DNA for enabling researchers to quickly manufacture catalogued DNA sequences.
Amongst these, the segment of synthetic DNA led the market in due to the increasing commercial availability of synthetic DNA.
The region of Asia Pacific is also poised to experience rapid growth in the market owing to increasing support from international organizations for the development of synthetic biology. The market for synthetic biology is segmented as: It is predicted to expand at a whopping CAGR of Snapshot When the organisms are engineered with new techniques of synthetic biology then they are more efficient, because then the genetically modified microorganisms can be used for many industrial purposes and are also cost effective.
In addition, the participation and encouragement of universities and government bodies in synthetic biology research and the rising demand for genetically modified crops owing to the increasing global population are also amongst the chief factors fuelling the market for synthetic biology.
And this has increased the usage of synthetic biology products by the researchers throughout the world. On the other hand, North America held the second largest share in the market in the same year due to the rising proliferation of novel technologies in this region.
This growth is attributed to the rising diagnostic applications of oligonucleotides and the growing field of molecular diagnostics.
This report segments the market into product, application, end user, and region. Personalized medicine offers tailored medical treatment based on individual needs and preferences of patients.
Amongst these, the segment of synthetic DNA led the market in due to the increasing commercial availability of synthetic DNA. The kit uses novel, proprietary anion-exchange membrane-based columns, in combination with a vacuum-assisted workflow, to isolate advanced transfection-grade plasmid DNA in about half the time of current standard protocols.
With the help of synthetic biology, cheap priced as well as effective drugs can be provided to the patients which are also safe to use. On the other hand, the segment of agriculture is poised to expand at the highest CAGR from to It is predicted to expand at a whopping CAGR of It aims at the fabrication and redesign of biological systems and components that do not already exist in the natural world.
The advent of anti-sense RNA therapeutic has gained enormous traction in the biotechnology industry. Among products, core products, especially synthetic DNA, led the global market in and is expected to remain doing so over the next few years, thanks to its higher commercial availability.Oligonucleotide Synthesis (Diagnostics, PCR, QPCR, Gene Synthesis, NGS, DNA, RNAi) Market - Global Forecast to Synthetic Biology Market (Synthetic DNA, Synthetic Genes, Synthetic Cells, XNA, Chassis Organisms, DNA Synthesis, Oligonucleotide Synthesis) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, - The global oligonucleotide synthesis market generated $ billion revenue in and is projected to advance at a CAGR of % during – The market is mainly driven by increasing research activities in synthetic biology, rising prevalence of cancer and infectious diseases.
market size, market share, market survey, market intelligence, market trends, market strategy, market research report, analysis, survey, market research surveys Oligonucleotide Synthesis Market by Product, End-User & Application - | MarketsandMarkets. Synthetic Biology Market (Synthetic DNA, Synthetic Genes, Synthetic Cells, XNA, Chassis Organisms, DNA Synthesis, Oligonucleotide Synthesis) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast - Location: State Tower, 90 State Street, SuiteAlbany, Synthetic Biology Market (Synthetic DNA, Synthetic Genes, Synthetic Cells, XNA, Chassis Organisms, DNA Synthesis, Oligonucleotide Synthesis) - Global Industry Analysis, Size, Share, Growth, Trends.Download