The Growth Of Oligonucleotide Synthesis Market
Oligonucleotide Synthesis Market The global Oligonucleotide Synthesis Market is estimated to be valued at US$ 3962.67 Mn or Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030 , as highlighted in a new report published by Coherent Market Insights. Market Overview: Oligonucleotides are short nucleic acid polymers used in research, genetic testing and therapeutics. They find applications in areas such as scientific research, treatment of diseases, forensic technologies and genome editing. The increasing R&D in pharmaceutical and biotechnology industries is propelling the demand for oligonucleotides. Market key trends: One of the major trends in the oligonucleotide synthesis market is the rise of custom oligonucleotide synthesis. With advancements in DNA synthesis technologies, it is now possible to rapidly synthesize oligonucleotides as per custom requirements. This has led to increasing outsourcing of oligo synthesis by research and pharm...