Oligonucleotide Synthesis Market: Trends, Applications, and Future Outlook
The oligonucleotide synthesis market is rapidly growing and evolving, driven by advancements in genetic research, diagnostics, and therapeutics. Oligonucleotides, short DNA or RNA molecules, are synthesized for a variety of applications, including therapeutic, research, and diagnostic uses. This market is segmented based on applications, which include therapeutic applications (further divided by disease...
The Booming Oligonucleotide Synthesis Industry: Trends, Challenges, and Opportunities Unveiled
The global oligonucleotide synthesis market is booming, projected to grow from $8.8 billion in 2024 to a staggering $19.7 billion by 2029 at a compound annual growth rate (CAGR) of 17.5%. This meteoric rise is fueled by several key drivers and emerging opportunities in the industry.
A major catalyst is the increasing use of synthesized oligonucleotides in therapeutic and diagnostic applications....