OLIGONUCLEOTIDE SYNTHESIS MARKET ANALYSIS

Oligonucleotide Synthesis Market,By Equipment and Services (Equipment/Synthesizer (Nucleic Acid Synthesizer, Peptide Synthesizer), Reagents, Services, (Oligo Synthesis, Modification, Purification)), By Technology (Column-based, Microarray-based), By Nucleic Acid (DNA, RNA), By Application (Drug Discovery, Therapeutics), By End User (Academic Research Institutes, Diagnostic Laboratories, Pharmaceutical-biotechnology Companies), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Oct 2023
Code : CMI4257
Pages :198
Formats :
Excel and PDF
Industry : Biotechnology

Regional Analysis

Global Oligonucleotide Synthesis Market- Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global oligonucleotide synthesis market over the forecast period. North America is estimated to hold 39.7% of the market share in 2023. The global oligonucleotide synthesis market is expected to witness significant growth in the coming years, owing to the increasing adoption of inorganic growth strategies such as collaboration by key market players in the region. For instance, in January 2022, Maravai LifeSciences, Inc., a life science company, announced that it had acquired MyChem, LLC, manufacturer of ultrapure nucleotides, for US$240 million in cash. This acquisition continues their journey to develop and integrate strategic mRNA vaccines and therapeutic supply chain inputs into operations in the U.S. Under this acquisition, MyChem's portfolio complements Maravai's nucleic acid production products and is expected to provide significant benefits to customers through an integrated offering. Additionally, MyChem will help accelerate Maravai's innovation capabilities with additional research and development resources.

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Central Africa