China Oligonucleotide Synthesis Market Size & Outlook
China oligonucleotide synthesis market, 2018-2030 (US$M)
Related Markets
China oligonucleotide synthesis market highlights
- The China oligonucleotide synthesis market generated a revenue of USD 303.0 million in 2024 and is expected to reach USD 868.4 million by 2030.
- The China market is expected to grow at a CAGR of 19.2% 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 303.0 million |
| Market revenue in 2030 | USD 868.4 million |
| Growth rate | 19.2% (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, China accounted for 7.5% 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 Asia Pacific, China oligonucleotide synthesis market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 868.4 million by 2030.
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Oligonucleotide Synthesis Market Scope
Oligonucleotide Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 37.49% in 2024. Horizon Databook has segmented the China oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing demand for synthetic oligonucleotides in research & diagnostics, the increasing prevalence of genetic diseases, and the rising need for personalized medicine are some of the major factors fueling the demand for oligonucleotide-based therapies.
Furthermore, the rise of Contract Research Organizations (CROs) and the outsourcing of drug discovery & development activities by pharmaceutical & biotech companies are contributing to the oligonucleotide synthesis market growth in China.
Moreover, expansion plays a key role in this market. It involves investing in larger and more advanced synthesis facilities. This increased production capacity allows companies to meet the growing demand for oligonucleotides, whether for research, diagnostics, or therapeutic applications.
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Target buyers of China 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 China oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into China oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China oligonucleotide synthesis market size, by segment, 2018-2030 (US$M)
China Oligonucleotide Synthesis Market Outlook Share, 2024 & 2030 (US$M)
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