India Oligonucleotide Synthesis Market Size & Outlook
India oligonucleotide synthesis market, 2018-2030 (US$M)
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India oligonucleotide synthesis market highlights
- The India oligonucleotide synthesis market generated a revenue of USD 114.7 million in 2024 and is expected to reach USD 302.3 million by 2030.
- The India market is expected to grow at a CAGR of 17.5% 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 114.7 million |
| Market revenue in 2030 | USD 302.3 million |
| Growth rate | 17.5% (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, India accounted for 2.8% 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 |
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India 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 37.84% in 2024. Horizon Databook has segmented the India oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the high birth rate, India has a high prevalence of genetic disorders due to various factors, such as consanguineous marriages and founder mutations. Oligonucleotides are essential for prenatal screening, carrier testing, and genetic counseling for these disorders. They are also used for potential gene therapy applications.
Furthermore, initiatives like “Make in India” and grants for R&D empower domestic players and attract foreign investments, impacting the oligonucleotide market. For instance, in September 2019, the Department of Biotechnology (DBT) launched the Unique Methods of Management & Treatment of Inherited Disorders (UMMID) initiative in India to tackle inherited genetic diseases in newborn babies.
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Our clientele includes a mix of oligonucleotide synthesis market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into India oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India oligonucleotide synthesis market size, by segment, 2018-2030 (US$M)
India Oligonucleotide Synthesis Market Outlook Share, 2024 & 2030 (US$M)
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