Global Oligonucleotide Pool market is expected to reach at $2,324 million by 2022.
Jun 29, 2017
Global Oligonucleotide Pool market was valued at $ 1,292.8 million in 2016 and expected to reach at $2,324 million by 2022 at a CAGR of 8.5% during the forecast period.
Pune, India - June 29, 2017 /MarketersMedia/ —
Introduction:
The Global Oligonucleotide pool market was valued at $ 1,292.8 million in 2016 and expected to reach at $2,324 million by 2022 at a CAGR of 8.5% during the forecast period. The major factors responsible for the growth of global Oligonucleotide pool market are big pharmaceutical companies investing in oligonucleotide therapeutics for drug development, increased involvement of CMOs in manufacturing therapeutic oligonucleotides and wide application areas offered by the oligonucleotides, among others.
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The market is majorly categorized on the basis of types which is further segmented into DNA pool and RNA pool. On the basis of applications the market is segmented into research, diagnostics and therapeutics, and others. On the basis of end users the market is segmented into commercial research, pure academic research, and others and geographic regions. Globally, North America holds the largest market share of global Oligonucleotide pool market, registering 42.2 % in 2016.
Key Findings
1) On the basis of types, DNA oligonucleotides accounted for the largest market share of 66.9% in 2016.
2) On the basis of applications. research accounted for the largest market share of 53.5% in 2016.
3) US accounted for the largest market share of 77.6% in 2016, with a market value of USD 423.5 million and is projected to grow at a CAGR of 8.7% during the forecast period.
Key Players
The leading players of the Global Oligonucleotide pool market are Agilent Technologies, Creative Biogene, CustomArray, Inc., Integrated DNA Technologies, Inc., MYcroarray, Sigma-Aldrich Co. LLC, TriLink BioTechnologies, LLC, Twist Bioscience and others.
Target Audience
1) Oligonucleotide pool companies
2) Hospitals & Clinics
3) Raw Material Suppliers
4) Key executive (CEO and COO) and strategy growth manager
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