Global Oligonucleotide Synthesis Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Drugs, Synthesized Oligo, Reagents, and Equipment

By Type;

Custom and Predesigned

By Application;

Research, PCR, Sequencing, Gene Synthesis, Diagnostics, Therapeutics, RNAI, Nucleic, Acid Aptamers, and Others

By End User;

Academic Research Institutes, Pharmaceutical and Biotechnology Companies, Diagnostic Laboratories, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn567257715 Published Date: May, 2025 Updated Date: June, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)12.4 %
Market Size (2024)USD 5,116.86 Million
Market Size (2031)USD 11,561.53 Million
Market ConcentrationLow
Report Pages307
5,116.86
2024
11,561.53
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Oligonucleotide Synthesis Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Biotechnology and Genomics

        2. Growing Demand for Personalized Medicine

        3. Increasing Prevalence of Genetic Disorders and Chronic Diseases

      2. Restraints
        1. High Cost of Oligonucleotide Synthesis

        2. Stringent Regulatory Requirements

        3. Limited Adoption in Developing Regions

      3. Opportunities
        1. Rising Investment in Oligonucleotide-Based Therapies

        2. Technological Innovations in Synthesis Processes

        3. Expansion of Synthetic Biology and Genome Editing Applications

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Oligonucleotide Synthesis Market, By Product, 2021 - 2031 (USD Million)
      1. Drugs

      2. Synthesized Oligo

      3. Reagents

      4. Equipment

    2. Oligonucleotide Synthesis Market, By Type, 2021 - 2031 (USD Million)
      1. Custom

      2. Predesigned

    3. Oligonucleotide Synthesis Market, By Application, 2021 - 2031 (USD Million)
      1. Research
      2. PCR
      3. Sequencing
      4. Gene Synthesis
      5. Diagnostics
      6. Therapeutics
      7. RNAI
      8. Nucleic
      9. Acid Aptamers
      10. Others
    4. Oligonucleotide Synthesis Market, By End User, 2021 - 2031 (USD Million)
      1. Academic Research Institutes
      2. Pharmaceutical & Biotechnology Companies
      3. Diagnostic Laboratories
      4. Others
    5. Oligonucleotide Synthesis Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Danaher Corporation
      2. Thermo Fisher Scientific Inc
      3. Merck KGaA
      4. Eurofins Scientific
      5. LGC Limited
      6. Agilent Technologies Inc
      7. Kaneka Corporation
      8. Maravai Lifesciences Holdings Inc
      9. Azenta Inc
  7. Analyst Views
  8. Future Outlook of the Market