Oligonucleotide Drug CDMO Services by Type (API, Preparation), by Application (SME Pharmaceutical Company, Large Pharmaceutical Company), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
Oligonucleotide Drug CDMO Services Market: Growth Drivers and Trends
The oligonucleotide drug CDMO services market is projected to witness significant growth over the forecast period, driven by rising prevalence of chronic diseases, increasing demand for personalized medicine, and advancements in oligonucleotide therapeutics. The development of siRNA, miRNA, and antisense therapies for treating genetic disorders, cancer, and other diseases is fueling market growth. Additionally, the outsourcing of oligonucleotide production by pharmaceutical companies to specialized CDMOs is driving market expansion.
Market Segments and Competitive Landscape
The market is segmented based on type (API, preparation), application (SME pharmaceutical company, large pharmaceutical company), and region. North America and Europe currently dominate the market, with Asia-Pacific emerging as a promising growth region. Key players in the market include Bachem, WuXi TIDES, Ajinomoto Co., Waters, AGC Biologics, Merck KGaA, EUROAPI, CordenPharma, Cytiva, TriLink BioTechnologies, Medicilon, General Biol, BioSpring, Bio-Synthesis Inc., Aurisco, Suzhou Olipharma Co.,Ltd, Porton, and RIBOPharm. These companies offer a range of services, including oligonucleotide synthesis, purification, formulation, and analytical testing, to meet the needs of pharmaceutical and biotech companies.
The global oligonucleotide drug CDMO services market size is anticipated to surpass USD 5,131.2 million by 2030, according to a new research report by Grand View Research, Inc. The market is expected to register a CAGR of 16.5% from 2023 to 2030. The growing demand for oligonucleotide therapeutics, the increasing prevalence of chronic diseases, and the rising adoption of personalized medicine are the key factors driving the market growth.
Oligonucleotide therapeutics are short, single-stranded DNA or RNA molecules that can be used to target specific genes or proteins. They are being developed for a wide range of therapeutic applications, including cancer, genetic disorders, and infectious diseases. The increasing prevalence of chronic diseases such as cancer and cardiovascular diseases is driving the demand for oligonucleotide therapeutics.
The growing demand for oligonucleotide therapeutics is one of the key factors propelling the growth of the oligonucleotide drug CDMO services market. Oligonucleotide therapeutics are promising new drugs for a wide range of diseases, including cancer, genetic disorders, and infectious diseases. The increasing prevalence of these diseases is driving the demand for oligonucleotide therapeutics, and in turn, the demand for CDMO services.
In addition, the increasing adoption of personalized medicine is another important factor driving the growth of the oligonucleotide drug CDMO services market. Personalized medicine is an approach to healthcare that takes into account individual patient characteristics, such as genetics, lifestyle, and environment. Oligonucleotide therapeutics are well-suited for personalized medicine, as they can be tailored to target specific patient needs.
The manufacturing of oligonucleotide therapeutics is complex and requires specialized expertise and equipment. This can pose a challenge for companies that do not have in-house oligonucleotide manufacturing capabilities. In addition, the cost of oligonucleotide manufacturing can be high, which can be a barrier to entry for some companies.
Another challenge facing the oligonucleotide drug CDMO services market is the regulatory landscape. Oligonucleotide therapeutics are regulated as drugs, and the regulatory process can be complex and time-consuming. This can add to the cost and complexity of oligonucleotide drug development.
North America is expected to dominate the oligonucleotide drug CDMO services market throughout the forecast period. The region is home to a large number of pharmaceutical and biotechnology companies that are developing oligonucleotide therapeutics. In addition, the region has a well-established infrastructure for oligonucleotide manufacturing.
The API segment is expected to account for the largest share of the oligonucleotide drug CDMO services market over the forecast period. API is the active ingredient in an oligonucleotide therapeutic, and its manufacture is a complex and specialized process. The preparation segment is expected to grow at the highest CAGR over the forecast period.
The growth of the oligonucleotide drug CDMO services industry is being driven by a number of factors, including:
Some of the leading players in the oligonucleotide drug CDMO services market include:
Some of the significant developments in the oligonucleotide drug CDMO services sector include:
The report provides a comprehensive overview of the oligonucleotide drug CDMO services market, including market trends, drivers, restraints, challenges, and opportunities. The report also provides profiles of the leading players in the market and a detailed analysis of the competitive landscape.
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.