Spain Oligonucleotide Synthesis Market Size & Outlook
Spain oligonucleotide synthesis market, 2018-2030 (US$M)
Related Markets
Spain oligonucleotide synthesis market highlights
- The Spain oligonucleotide synthesis market generated a revenue of USD 81.2 million in 2024 and is expected to reach USD 146.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 10.3% 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 81.2 million |
| Market revenue in 2030 | USD 146.0 million |
| Growth rate | 10.3% (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, Spain accounted for 2.0% 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 Europe, Germany oligonucleotide synthesis market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 529.3 million by 2030.
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Oligonucleotide Synthesis Market Scope
Oligonucleotide Synthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 37.93% in 2024. Horizon Databook has segmented the Spain oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
The government initiatives promoting biotechnology and healthcare innovation in Spain is expected to contribute to a favorable environment for the oligonucleotide synthesis market. Spain has become an attractive and competitive market for oligonucleotide synthesis. For instance, in September 2020, the Spanish government allocated USD 29.5 million for precision & genomic medicine and data science.
This investment aims to enhance the capacity of the regional health system and use scientific knowledge as a tool to embrace economic competitiveness by contributing to innovation. The total funding allocated for 2 years (2020–2022) is USD 89.33 million.
The segments of investment include genomic medicine, big data health, predictive medicine, advanced & personalized therapy, and precision medicine training. It is anticipated that this initiative by the government will strengthen the position of existing players and attract new startups.
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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 Spain oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into Spain oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain oligonucleotide synthesis market size, by segment, 2018-2030 (US$M)
Spain Oligonucleotide Synthesis Market Outlook Share, 2024 & 2030 (US$M)
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