The growth of market is driven by increasing research activities in pharma and biotech sectors and rising demand for diagnostic and therapeutic techniques.
PUNE, MAHARASHTRA, INDIA, April 23, 2018 /EINPresswire.com/ — Oligonucleotides are short fragments of nucleic acids that are synthesized using genetic engineering and enzyme chemistry. These are mostly used in laboratories in applications such as therapeutic, diagnostics as well as academic and industrial. These are used from initial research and screening through to target validation and drug production. Oligonucleotides synthesis occurs either commercially to provide services for various end users or individually via DNA synthesizers for self-consumption. Nowadays, subsequent improvements in oligonucleotide synthesis, amplification and automation has completely revolutionized biological research.
Global Oligonucleotide Synthesis Market is Estimated to Grow at CAGR of +10% During Forecast Period
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The global oligonucleotides synthesis market has been on a sustained growth trajectory on account of the rapidly growing biotechnology and life sciences sectors, coupled with the increasing uptake of the increasing applications of oligonucleotides in research and diagnostic fields. Pharmaceutical and biotechnology companies and research and diagnostic laboratories involved in drug discovery and development, along with diagnostic devices and tests, for the treatment of chronic diseases and oligonucleotides are also serving to stoke growth in the market.
Top Companies Profiled in this Report includes, Merck Kgaa, Eurofins Genomics, Thermo Fisher Scientific Inc., Bioautomation Corporation, Agilent Technologies, Inc., Eurogentec S.A., General Electric (Ge) Company, Nitto Denko Avecia Inc.
Oligonucleotide Synthesis market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.
Primarily the global oligonucleotide synthesis market is helped by the increase in research activities all over the world. The government is also supporting the research processes taking place especially in the healthcare sector. Government initiatives aimed towards attracting foreign players by providing various grants and subsidies are expected to boost the entry of major market players in emerging countries, thereby driving the regional markets. The market also has a systematic distribution channel that helps in maintaining the proper flow of products in the market, which in turn helps in improving the demand for oligonucleotide synthesis.
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Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the Global Oligonucleotide Synthesis market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market’s trajectory between forecast periods.
The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global Oligonucleotide Synthesis market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. The report focuses on the global market, and answers some of the most critical questions stakeholders are currently facing across the globe. Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.
Report Covers Basic information like;
• Oligonucleotide Synthesis market overview and market analysis with its applications in the industry and information on drivers and restraints.
• Identification of factors responsible for changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
• Extensively researched competitive landscape with profiles of major companies along with their market share.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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Source: EIN Presswire