Market revenue in 2024 | USD 16.2 million |
Market revenue in 2030 | USD 29.3 million |
Growth rate | 10.4% (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 |
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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 37.65% in 2024. Horizon Databook has segmented the UAE oligonucleotide synthesis market based on oligonucleotides, equipment/synthesizer, reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
The United Arab Emirates (UAE) has a rapidly growing healthcare sector fueled by government investments, an increasing population, and rising disposable incomes. As per the International Trade Administration, the 2022 federal budget of UAE allocated a total of USD 17.18 billion for public expenditures, with 7.6% specifically committed to healthcare.
Moreover, there is a growing awareness of the benefits of genetic testing in the UAE, particularly for prenatal screening, cancer diagnosis, and personalized medicine. This awareness is fueling the demand for oligonucleotides used in these tests.
Furthermore, the UAE government is actively promoting the adoption of precision medicine, which tailors medical treatments to an individual’s genetic makeup. This personalized approach relies heavily on oligonucleotides for targeted therapies and diagnostics.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE oligonucleotide synthesis market , including forecasts for subscribers. This country databook contains high-level insights into UAE oligonucleotide synthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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