Global Oligonucleotide Synthesis Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Drugs, Synthesized Oligo, Reagents, and EquipmentBy Type;
Custom and PredesignedBy Application;
Research, PCR, Sequencing, Gene Synthesis, Diagnostics, Therapeutics, RNAI, Nucleic, Acid Aptamers, and OthersBy End User;
Academic Research Institutes, Pharmaceutical & Biotechnology Companies, Diagnostic Laboratories, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Oligonucleotide Synthesis Market Overview
Oligonucleotide Synthesis Market (USD Million)
Oligonucleotide Synthesis Market was valued at USD 5,116.86 million in the year 2024. The size of this market is expected to increase to USD 11,561.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.4%.
Global Oligonucleotide Synthesis Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 12.4 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 12.4 % |
Market Size (2024) | USD 5,116.86 Million |
Market Size (2031) | USD 11,561.53 Million |
Market Concentration | Low |
Report Pages | 307 |
Major Players
- Danaher Corporation
- Thermo Fisher Scientific Inc
- Merck KGaA
- Eurofins Scientific
- LGC Limited
- Agilent Technologies Inc
- Kaneka Corporation
- Maravai Lifesciences Holdings Inc
- Azenta Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Oligonucleotide Synthesis Market
Fragmented - Highly competitive market without dominant players
The oligonucleotide synthesis market is experiencing robust growth, driven by the rising emphasis on personalized medicine and targeted therapies. Nearly 45% of therapeutic research now integrates these molecules due to their ability to precisely interact with genetic sequences. This precision makes them essential in gene editing and RNA interference technologies, positioning them as critical tools for treating genetic disorders and rare diseases.
Expanding Role in Molecular Diagnostics
Oligonucleotides play a vital role in molecular diagnostics, serving as probes, primers, and antisense oligonucleotides. Approximately 60% of the molecular diagnostics market relies on these molecules for their unmatched specificity in pathogen detection and cancer diagnostics. This trend is driven by the increasing focus on early disease detection and the demand for precision diagnostics.
Technological Innovations in Synthesis Processes
Significant technological advancements in synthesis platforms have transformed the market landscape. Innovations such as solid-phase synthesis and automated synthesizers have lowered production costs by about 35% while enhancing the speed and quality of oligonucleotide manufacturing. These improvements are crucial in meeting the growing demand for high-quality, cost-effective oligonucleotides.
Strong Growth Prospects Ahead
With expanding applications across therapeutic areas and increasing R&D investments, the oligonucleotide synthesis market is set for substantial growth. The sector is expected to capture a significant portion of the biotechnology market, supported by advancements in genomics, precision medicine, and the continuous push for innovative therapeutics.
Oligonucleotide Synthesis Market Recent Developments
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In April 2024, Asahi Kasei Bioprocess partnered with Axolabs to launch a 59,000 ft² cGMP oligonucleotide production facility in Berlin, enhancing global manufacturing capacity for therapeutic oligos.
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In June 2024, GSK acquired Elsie Biotechnologies, integrating its oligonucleotide discovery, synthesis & delivery platform to accelerate R&D in RNA-based drug development.
Oligonucleotide Synthesis Market Segment Analysis
In this report, the Oligonucleotide Synthesis Market has been segmented by Product, Type, Application, End User, and Geography.
Oligonucleotide Synthesis Market, Segmentation by Product
The Oligonucleotide Synthesis Market has been segmented by Product into Drugs, Synthesized Oligo, Reagents and Equipment.
Drugs
This segment holds the largest share of the market, contributing approximately 35-40%. The growing use of antisense oligonucleotides, siRNA therapeutics, and aptamers in treating genetic disorders and cancer is driving demand. Increased FDA approvals and investments in RNA-based therapies further support the expansion of this segment.
Synthesized Oligo
Representing about 25-30% of the market, this segment includes custom and predesigned research-grade oligonucleotides. These are widely used in genomic research, diagnostics, and PCR-based applications. Rapid progress in personalized medicine and biotechnology R&D is fueling steady growth.
Reagents
Reagents account for approximately 20-25% of the market. These include essential chemicals for oligonucleotide synthesis, such as nucleotides, enzymes, and buffers. Rising demand for high-fidelity synthesis and increased focus on quality control in research and therapeutic development are key drivers.
Equipment
This segment contributes around 10-15% and includes synthesizers, purification systems, and automated platforms used in large-scale production. Advancements in automation and miniaturization of synthesis technology are improving throughput and efficiency, attracting demand from both academic and industrial users.
Oligonucleotide Synthesis Market, Segmentation by Type
The Oligonucleotide Synthesis Market has been segmented by Type into Custom and Predesigned.
Custom
This segment dominates the market with a share of approximately 60-65%, driven by the rising demand for tailored oligonucleotides in research, diagnostics, and therapeutics. Custom synthesis allows for specific sequence design, modification, and labeling, meeting the unique needs of various scientific and clinical applications. The growth of personalized medicine is a major contributor to its expansion.
Predesigned
Predesigned oligonucleotides account for about 35-40% of the market and are widely used in standardized assays such as PCR, qPCR, and gene expression analysis. These products offer advantages in terms of time efficiency, cost-effectiveness, and reproducibility. Their popularity is growing in diagnostic labs and biotech companies conducting high-throughput experiments.
Oligonucleotide Synthesis Market, Segmentation by Application
The Oligonucleotide Synthesis Market has been segmented by Application into Research, PCR, Sequencing, Gene Synthesis, Diagnostics, Therapeutics, RNAI, Nucleic, Acid Aptamers, and Others.
Research
Oligonucleotide synthesis plays a crucial role in scientific research, supporting a wide range of studies in molecular biology, genetics, and drug discovery. With nearly 30% of the market share, research remains one of the largest sub-segments. Researchers use custom oligos for gene function analysis, mutation detection, and gene expression profiling, making it indispensable in modern laboratories.
PCR
The use of synthetic oligonucleotides in PCR applications has seen a steady rise, driven by the widespread adoption of PCR in diagnostics, forensics, and clinical research. PCR-based workflows account for around 18% of the oligonucleotide synthesis market. High specificity and cost-effective scalability make oligos essential for primer and probe design in PCR reactions.
Sequencing
With the growing demand for next-generation sequencing (NGS), the need for high-fidelity synthetic oligonucleotides is increasing. This segment constitutes approximately 15% of the market, with oligos used in library preparation, adapters, and indexing. Precision in sequence design is vital for accurate genome mapping and variant detection.
Gene Synthesis
Gene synthesis is gaining traction as researchers look for custom-designed gene constructs. This segment comprises around 12% of the total market, with applications spanning from vaccine development to protein engineering. Oligos act as the building blocks for synthetic genes, providing speed, precision, and flexibility in gene design.
Diagnostics
Synthetic oligonucleotides have become pivotal in molecular diagnostics, especially for detecting infectious diseases and genetic disorders. This sub-segment accounts for about 10% of the market. Oligos are used in probes and primers for real-time PCR and other assay platforms, ensuring accurate and early diagnosis.
Therapeutics
The therapeutic application of oligonucleotides is one of the fastest-growing segments, projected to grow significantly due to advancements in antisense and siRNA therapies. Currently, it holds a 7% share of the market. Oligonucleotide-based drugs target specific mRNA sequences, offering precision medicine solutions for conditions like cancer and rare genetic diseases.
RNAi
RNAi leverages short interfering RNAs (siRNAs) synthesized from oligos to silence gene expression. Making up 4% of the market, RNAi is used in both basic research and drug development. Its utility in gene function studies and therapeutic targeting makes it a niche but impactful segment.
Nucleic Acid Aptamers
Nucleic acid aptamers are short DNA or RNA molecules that bind to specific targets with high affinity, similar to antibodies. They represent about 2% of the market. Used in diagnostics, targeted therapy, and biosensing, aptamers offer advantages like lower immunogenicity and cost-effective production.
Others
This category includes miscellaneous and emerging applications such as molecular barcoding, CRISPR-related tools, and nanotechnology. Although it constitutes only 2% of the market, innovations in this segment have high potential to reshape the future of oligonucleotide utility in science and medicine.
Oligonucleotide Synthesis Market, Segmentation by End User
The Oligonucleotide Synthesis Market has been segmented by End User into Academic Research Institutes, Pharmaceutical and Biotechnology Companies, Diagnostic Laboratories and Others.
Academic Research Institutes
This segment contributes approximately 30-35% of the market, driven by increasing genomics and molecular biology research at universities and public institutions. These institutes heavily utilize oligonucleotides in gene function studies, RNA interference experiments, and biomarker discovery. Growing government funding and global research initiatives support its continued expansion.
Pharmaceutical and Biotechnology Companies
Accounting for around 35-40% of the market, this segment is the largest end user group. These companies use oligonucleotides extensively in drug development, target validation, and clinical trials. The growing demand for custom therapeutics and advancements in antisense and RNA-based technologies are key growth drivers in this category.
Diagnostic Laboratories
This group holds a market share of approximately 20-25%, driven by increasing use of oligonucleotides in molecular diagnostics, especially in qPCR, microarray analysis, and next-generation sequencing. Rising global demand for precision diagnostics and infectious disease detection contributes significantly to growth.
Others
This category, comprising contract research organizations (CROs), forensic labs, and agricultural research centers, accounts for about 5-10% of the market. The segment is expanding with the diversification of oligonucleotide use across non-pharmaceutical sectors such as food safety and environmental monitoring.
Oligonucleotide Synthesis Market, Segmentation by Geography
In this report, the Oligonucleotide Synthesis Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Oligonucleotide Synthesis Market Share (%), by Geographical Region
North America
This region leads the market with a share of approximately 35-40%, supported by advanced biotechnology infrastructure, strong presence of major pharma and biotech firms, and high investments in genomic research. A favorable regulatory environment and growing use of oligonucleotide-based therapies further boost demand in the U.S. and Canada.
Europe
Europe holds a significant share of around 25-30%, driven by increased focus on personalized medicine, academic research funding, and expanding clinical applications of synthetic oligonucleotides. Key contributors include Germany, the UK, and France, which have robust R&D ecosystems and supportive government initiatives.
Asia Pacific
This region is witnessing rapid growth, contributing nearly 20-25% of the market. Factors such as a large patient base, expanding biotech hubs in China and India, and increasing government investment in life sciences research are fueling regional demand. The rise of contract manufacturing and research outsourcing further strengthens the outlook.
Middle East & Africa
Contributing about 5-7% to the market, this region is gradually adopting genetic testing and molecular diagnostics. Growth is concentrated in the Gulf countries due to rising healthcare investments and partnerships with biotech firms. However, limited R&D infrastructure in parts of Africa continues to be a challenge.
Latin America
This region holds approximately 5-8% of the market share. Countries like Brazil and Mexico are at the forefront, benefiting from expanding biotech startups, improved research funding, and growing interest in clinical genomics. Increasing collaborations with international research institutions are gradually boosting regional capabilities.
Oligonucleotide Synthesis Market Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Oligonucleotide Synthesis Market. These factors include; Market Drivers, Restraints and Opportunities.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Advancements in Biotechnology and Genomics
- Growing Demand for Personalized Medicine
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Increasing Prevalence of Genetic Disorders and Chronic Diseases - The rising prevalence of genetic disorders and chronic diseases is a key driver accelerating the growth of the oligonucleotide synthesis market. As the burden of conditions such as cancer, cardiovascular diseases, and rare genetic disorders increases globally, there is growing demand for precise, targeted molecular tools that can support advanced diagnostics and personalized therapies. Oligonucleotides play a vital role in gene editing, RNA interference, and antisense therapy, offering tailored treatment options for complex diseases.
With advancements in genomics and biotechnology, healthcare systems are increasingly integrating nucleic acid-based therapeutics and diagnostics into clinical practice. Oligonucleotide synthesis enables researchers and pharmaceutical companies to develop highly specific treatments that target disease at the molecular level. This surge in demand for precision medicine solutions is expected to continue driving investment and innovation in the market, making oligonucleotides a cornerstone of modern medical research and therapeutic development.
Restraints
- High Cost of Oligonucleotide Synthesis
- Stringent Regulatory Requirements
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Limited Adoption in Developing Regons - Limited adoption in developing regions remains a significant restraint for the growth of the oligonucleotide synthesis market. Many low- and middle-income countries face challenges such as inadequate research infrastructure, insufficient funding, and lack of skilled personnel, which hinder the integration of advanced molecular technologies. These constraints slow the adoption of oligonucleotide-based tools in both diagnostics and therapeutics, limiting market penetration outside high-income economies.
High production costs, limited access to genomic technologies, and minimal government support further restrict widespread utilization in resource-constrained settings. Additionally, the absence of robust healthcare systems and regulatory frameworks reduces the availability and affordability of nucleic acid therapies. Overcoming these barriers will require targeted investment, international collaboration, and capacity-building initiatives to bridge the gap and unlock market potential in underserved regions.
Opportunities
- Rising Investment in Oligonucleotide-Based Therapies
- Technological Innovations in Synthesis Processes
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Expansion of Synthetic Biology and Genome Editing Applications - The rapid expansion of synthetic biology and genome editing applications is unlocking significant opportunities for the oligonucleotide synthesis market. As research institutions and biotech companies intensify efforts in areas like CRISPR-based gene editing, metabolic engineering, and synthetic genomics, the demand for custom-designed oligonucleotides is rising sharply. These molecules serve as essential components for modifying genetic sequences and constructing artificial DNA systems with high precision and efficiency.
Technological advancements in gene synthesis platforms and automation tools have streamlined the production of high-fidelity oligonucleotides, enabling faster and more cost-effective innovation. This is fueling breakthroughs in personalized medicine, agriculture, industrial biotechnology, and disease modeling. Oligonucleotide synthesis has become a cornerstone in creating novel genetic circuits, synthetic enzymes, and gene therapies with transformative potential across multiple sectors.
Growing investments from public and private sectors into synthetic biology initiatives are further propelling market momentum. Startups and established players are forming strategic partnerships with academic institutions to accelerate discovery and commercialization efforts. As genome editing becomes more accessible and widely adopted, the market is poised to benefit from increased demand for specialized oligonucleotides tailored to diverse research and therapeutic needs.
Oligonucleotide Synthesis Market Competitive Landscape Analysis
Key players in Oligonucleotide Synthesis Market include:
- Thermo Fisher Scientific Inc.
- Agilent Technologies
- Merck KGaA
- Danaher Corporation (includes IDT & Cytiva)
- Eurogentec (Nitto Denko)
- Bio-Synthesis, Inc.
- LGC Biosearch Technologies
- Kaneka Corporation
- Twist Bioscience
- Biolegio
- Dharmacon Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Oligonucleotide Synthesis Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Advancements in Biotechnology and Genomics
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Growing Demand for Personalized Medicine
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Increasing Prevalence of Genetic Disorders and Chronic Diseases
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- Restraints
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High Cost of Oligonucleotide Synthesis
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Stringent Regulatory Requirements
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Limited Adoption in Developing Regions
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- Opportunities
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Rising Investment in Oligonucleotide-Based Therapies
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Technological Innovations in Synthesis Processes
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Expansion of Synthetic Biology and Genome Editing Applications
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Oligonucleotide Synthesis Market, By Product, 2021 - 2031 (USD Million)
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Drugs
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Synthesized Oligo
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Reagents
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Equipment
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- Oligonucleotide Synthesis Market, By Type, 2021 - 2031 (USD Million)
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Custom
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Predesigned
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- Oligonucleotide Synthesis Market, By Application, 2021 - 2031 (USD Million)
- Research
- PCR
- Sequencing
- Gene Synthesis
- Diagnostics
- Therapeutics
- RNAI
- Nucleic
- Acid Aptamers
- Others
- Oligonucleotide Synthesis Market, By End User, 2021 - 2031 (USD Million)
- Academic Research Institutes
- Pharmaceutical & Biotechnology Companies
- Diagnostic Laboratories
- Others
- Oligonucleotide Synthesis Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Oligonucleotide Synthesis Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Thermo Fisher Scientific Inc.
- Agilent Technologies
- Merck KGaA
- Danaher Corporation (includes IDT & Cytiva)
- Eurogentec (Nitto Denko)
- Bio-Synthesis, Inc.
- LGC Biosearch Technologies
- Kaneka Corporation
- Twist Bioscience
- Biolegio
- Dharmacon Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market