Zion Market Research Oligonucleotide synthesis market, 2016 - 2024 | Page 3

Oligonucleotide Synthesis Market
Global Oligonucleotide Synthesis Market : Segmentation
The global oligonucleotide synthesis market is segmented on the basis of end-use as academic research institutes , diagnostic laboratory , pharmaceutical and biotech firms , and others . Of these , diagnostic laboratories segment contributed for the largest market share . This is anticipated to acceptance of innovative techniques such as such as DNA microarrays , polymerase chain reaction , real-time polymerase chain reaction , and others . Based on the product , the global market is divided as equipment , synthesized oligonucleotide , reagent , primer , and probe . The synthesized oligonucleotide type segment is the dominating the oligonucleotide synthesis market in future mainly due to increasing use synthesized oligonucleotide in several key applications such as therapeutics , diagnostics , and research applications .
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Global Oligonucleotide Synthesis Market : Growth Factors
Increasing investments on R & D activities may fuel the global oligonucleotide synthesis market growth in near future . In addition , affirmative government support also escalates the market growth . Rising biotechnology and pharmaceutical sector also highly contributes to the global oligonucleotide synthesis market growth . Rising preferences for personalized medicine may also boost the market in future . Furthermore , new developments in the genomics are the key driver of the global oligonucleotide synthesis market . Moreover , synthetic genes may also propel the market in a positive way in future .