Sweden Oligonucleotide Synthesis Market Size & Outlook
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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 10.2% 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 2024 | USD 69.4 million |
| Market revenue in 2030 | USD 122.3 million |
| Growth rate | 10.2% (CAGR from 2025 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 |
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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Biolegio | View profile | 11-50 | Nijmegen, Gelderland, The Netherlands, Europe | http://www.biolegio.com |
| Bio-Synthesis | View profile | 11-50 | Seminole, Texas, United States, North America | http://www.biosyn.com |
| Twist Bioscience Corp | View profile | 919 | 681 Gateway Boulevard, South San Francisco, CA, United States, 94080 | https://www.twistbioscience.com |
| Heritage Global Inc | View profile | 82 | 12625 High Bluff Drive, Suite 305, San Diego, CA, United States, 92130 | https://www.hginc.com |
| Kaneka Corp | View profile | 13284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | http://www.kaneka.co.jp |
| Agilent Technologies | View profile | 10001+ | Santa Clara, California, United States, North America | http://www.agilent.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
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 41.21% 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
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Our clientele includes a mix of oligonucleotide synthesis market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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)
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