Canada Oligonucleotide Synthesis Market Size & Outlook
Canada oligonucleotide synthesis market, 2018-2030 (US$M)
Related Markets
Canada oligonucleotide synthesis market highlights
- The Canada oligonucleotide synthesis market generated a revenue of USD 132.9 million in 2024 and is expected to reach USD 306.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 15% from 2025 to 2030.
- In terms of segment, services was the largest revenue generating segment in 2024.
- Services is the most lucrative segment segment registering the fastest growth during the forecast period.
Oligonucleotide synthesis market data book summary
| Market revenue in 2024 | USD 132.9 million |
| Market revenue in 2030 | USD 306.8 million |
| Growth rate | 15% (CAGR from 2024 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oligonucleotides, Equipment/Synthesizer, Reagents, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, GE HealthCare Technologies Inc Common Stock, Agilent Technologies, Kaneka Corp, Heritage Global Inc, Twist Bioscience Corp, Bio-Synthesis, Biolegio |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global oligonucleotide synthesis market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. oligonucleotide synthesis market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 306.8 million by 2030.
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Oligonucleotide Synthesis Market Scope
Oligonucleotide Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada oligonucleotide synthesis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oligonucleotide synthesis market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 38% in 2024. Horizon Databook has segmented the Canada oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
The oligonucleotide synthesis market in Canada is driven by the increasing demand from the pharmaceutical & biotechnology industries and academic & research institutions. The growing focus on drug discovery & development and the growing use of genomics in personalized medicine are contributing to market growth.
Furthermore, the oligonucleotide synthesis market in Canada is highly competitive, with several players vying for market share. Some of the key players in this market are Integrated DNA Technologies, Thermo Fisher Scientific, Eurofins Scientific, GenScript Biotech Corporation, and Sigma-Aldrich Corporation.
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Target buyers of Canada oligonucleotide synthesis market databook
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Our clientele includes a mix of oligonucleotide synthesis market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into Canada oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada oligonucleotide synthesis market size, by segment, 2018-2030 (US$M)
Canada Oligonucleotide Synthesis Market Outlook Share, 2024 & 2030 (US$M)
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