Sweden Oligonucleotide Synthesis Market Size & Outlook

The oligonucleotide synthesis market in Sweden is expected to reach a projected revenue of US$ 122.3 million by 2030. A compound annual growth rate of 9.9% is expected of Sweden oligonucleotide synthesis market from 2025 to 2030.

Revenue, 2024 (US$M)
$69.4
Forecast, 2030 (US$M)
$122.3
CAGR, 2025 - 2030
9.9%
Report Coverage
Sweden

Sweden oligonucleotide synthesis market, 2018-2030 (US$M)

Sweden

Sweden oligonucleotide synthesis market highlights

  • The Sweden oligonucleotide synthesis market generated a revenue of USD 69.4 million in 2024 and is expected to reach USD 122.3 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 9.9% 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 2024USD 69.4 million
Market revenue in 2030USD 122.3 million
Growth rate9.9% (CAGR from 2024 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOligonucleotides, Equipment/Synthesizer, Reagents, Services
Key market players worldwideThermo 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, Sweden accounted for 1.7% 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 segmentation & scope
DNA
Column-based
Array-based
RNA
Column-based
Array-based
Equipment/Synthesizer
Reagents
DNA
25 nmol
50 nmol
200 nmol
1000 nmol
10000 nmol
Modification Services
Purification Services
RNA
25 nmol
100 nmol
1000 nmol
10000 nmol
Modification Services
Purification Services
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies
Academic Research Institutes
Diagnostic Laboratories
Pharmaceutical - Biotechnology Companies

Oligonucleotide Synthesis Market Companies

Name Profile # Employees HQ Website

Sweden 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 37.75% in 2024. Horizon Databook has segmented the Sweden oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.


Sweden, with its robust biotechnology and life sciences sectors, plays a significant role in the global oligonucleotide synthesis market. Sweden has a strong tradition of scientific research, and oligonucleotides are crucial in biomedical research. 

Moreover, researchers use synthetic oligonucleotides for gene expression studies, functional genomics, and other molecular biology applications. Furthermore, strategic initiatives such as mergers, acquisitions, collaborations, and expansions are expected to support market growth over the forecast period. 

For instance, in October 2021, Biotage acquired ATDBio Ltd., a UK-based company. This acquisition significantly strengthened Biotage’s position in the oligonucleotide market.

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Target buyers of Sweden oligonucleotide synthesis market databook

  • Our clientele includes a mix of oligonucleotide synthesis market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Sweden oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into Sweden oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Sweden oligonucleotide synthesis market size, by segment, 2018-2030 (US$M)

Sweden Oligonucleotide Synthesis Market Outlook Share, 2024 & 2030 (US$M)

Sweden oligonucleotide synthesis market size, by segment, 2018-2030 (US$M)

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