Oligonucleotide pool allows the precise design and synthesis of thousands of user-defined sequences in parallel which can be utilized in high-throughput screening experiments for identification of novel gene mutations, optimization of protein structure, and function, or for drug discovery. Oligonucleotide pool is used in various research applications for designing and synthesizing of genes.
The synthesizing of the oligonucleotide pool has significantly advanced scientific research, diagnostic development, and drug discovery. This, as a result, is driving the global oligonucleotide pool market. Moreover, advantages of oligonucleotide pool such as low-cost, fast analysis methods with precisely high accuracy are allowing its market to garner phenomenal traction on the global platform.
Considering the exponential traction, the market perceives currently Market Research Future (MRFR) in its recently published study report asserts that the global oligonucleotide pool market will reach USD 2.32 BN by 2022, registering approximately 8.5% CAGR throughout the forecast period (2018 - 2022).
Latest Research Insights at https://www.marketresearchfuture.com/press-release/oligonucleotide-pool-market
MRFR has segmented its analysis into four key dynamics for enhanced understanding.
By Type: DNA Pool and RNA Pool among others.
By Application: Research, Diagnostics, and Therapeutics among others.
By End-user: Commercial Research and Pure Academic Research among others.
By Regions: Europe, North America, APAC, and the Rest-of-the-World (RoW).
Some of the players leading the global oligonucleotide pool market include Creative Biogene, Agilent Technologies, CustomArray, Inc., MYcroarray, Integrated DNA Technologies, Inc., Sigma Aldrich, Twist Bioscience, and TriLink BioTechnologies among others.
The North American region dominates the global oligonucleotide pool market owing to the presence of leading global players and encouraging governmental support for the research & development activities in healthcare. Moreover, factors such as the increased uptake of advanced technologies and high healthcare expenditures encourage market growth. The market is further expected to grow at 8.6% CAGR from 2018 -2022.
The oligonucleotide pool market in the US backed by the increasing demand for tests of gene functions, majorly contributes to the growth of the regional market. Heading with the rising demand, the region is expected to create a larger revenue pocket, globally, by 2022.
Brows Complete Detailed Research Report at https://www.marketresearchfuture.com/reports/oligonucleotide-pool-market-2556
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