Oligonucleotide API Market Size, Share to Reach $5,184.2 Million by 2030

NEW YORK - Jan. 17, 2024 - PRLog -- The latest market report published by Credence Research, Inc. The global demand for Oligonucleotide API was valued at USD 2315.5 million in 2022 and is expected to reach USD 5184.2 Million in 2030, growing at a CAGR of 10.60% between 2023 and 2030.

The Oligonucleotide Active Pharmaceutical Ingredient (API) market has been rapidly expanding in recent years, reshaping the pharmaceutical landscape. Oligonucleotides are short sequences of nucleic acids that have gained significant attention due to their potential in treating a wide range of diseases, including genetic disorders, cancers, and viral infections. This article explores the dynamics of the Oligonucleotide API market, its growth drivers, and its crucial role in the future of medicine.

Market Growth and Potential

The Oligonucleotide API market has witnessed substantial growth, driven by the increasing understanding of the role of genetic information in diseases and advancements in biotechnology. Oligonucleotides serve as key therapeutic agents by targeting specific genes or gene products, offering a precise and personalized approach to medicine.

One of the significant growth drivers is the rising prevalence of genetic disorders and rare diseases. Oligonucleotides are uniquely positioned to address these conditions, as they can be designed to modulate or correct specific genetic mutations. This has led to a surge in research and development efforts, with pharmaceutical companies and biotech startups investing heavily in oligonucleotide-based therapies.

Browse the Full Report: https://www.credenceresearch.com/report/oligonucleotide-api-market

List of Companies Covered:

• Jazz Pharmaceuticals
• Sarepta Therapeutics
• Biogen
• Dynavax Technologies
• Akcea Therapeutics
• Alnylam Pharmaceuticals
• Nitto Denko (Avecia)
• Ajinomoto (GeneDesign)
• RiboBio

By Segmentation

By Type of Oligonucleotide:

• Antisense Oligonucleotides (ASOs)
• RNA Interference (RNAi) Oligonucleotides
• Messenger RNA (mRNA) Oligonucleotides
• Modified Oligonucleotides
• Small Interfering RNA (siRNA)

By Application:

• Rare Diseases
• Oncology
• Neurological Disorders
• Infectious Diseases
• Cardiovascular Diseases
• Autoimmune Diseases
• Others

By Molecule Size:

• Small Oligonucleotides
• Long Oligonucleotides

By Modified vs. Unmodified Oligonucleotides:

• Modified Oligonucleotides
• Unmodified Oligonucleotides

By Route of Administration:

• Parenteral Administration
• Oral Administration
• Topical and Local Administration

By End-User:

• Pharmaceutical Companies
• Biotechnology Companies
• Contract Development and Manufacturing Organizations (CDMOs)
• Academic and Research Institutions

By Region

• North Americ
• Europe
• Asia Pacific
• Rest of World