Oligonucleotide Synthesis Market Size and Share

Oligonucleotide Synthesis Market Summary
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Oligonucleotide Synthesis Market Analysis by Mordor Intelligence

The oligonucleotide synthesis market reached USD 3.84 billion in 2025 and is forecast to climb to USD 6.87 billion by 2030, advancing at a 12.34% CAGR as therapeutic breakthroughs accelerate demand. Enzymatic platforms that create longer, cleaner strands without hazardous reagents are reshaping the oligonucleotide synthesis market by challenging four decades of phosphoramidite dominance. Government grants, notably the NIH’s RNA-focused USD 15.4 million program, catalyze new production methods while contract manufacturers scale capacity to meet rising pharmaceutical outsourcing needs. Clinical approvals underscore momentum: 22 nucleic-acid drugs cleared regulators by late 2023, and four more won clearance in 2024, pulling the oligonucleotide synthesis market beyond its research-reagent roots into industrial-scale biologics. Environmental scrutiny of PFAS-linked reagents pressures legacy processes, amplifying interest in enzymatic alternatives that reduce waste while complying with evolving regulations.

Key Report Takeaways

  • By product type, services accounted for 41.25% revenue share of the oligonucleotide synthesis market in 2024, while synthesized oligonucleotide products are positioned to post the fastest growth through 2030.
  • By chemistry, DNA dominated with 43.45% of oligonucleotide synthesis market share in 2024; RNA is on course to narrow the gap as mRNA and CRISPR pipelines mature.
  • By application, research held 53.15% share of the oligonucleotide synthesis market size in 2024, yet therapeutics already command premium pricing and are expanding the fastest.
  • By end-user, academic institutes generated 72.81% volume in 2024, while pharmaceutical and biotechnology companies delivered the highest value through clinical-grade contracts.
  • By geography, North America led with 42.81% share in 2024, whereas Asia-Pacific shows the steepest upward curve on the back of USD 4 billion in Chinese funding rounds and multi-hundred-million-dollar capacity additions.

Segment Analysis

By Product Type: Services Anchor Outsourcing Momentum

Services generated 41.25% of overall 2024 revenue as pharmaceutical sponsors prioritized turnkey solutions that compress development timelines. This dominance confirms the oligonucleotide synthesis market preference for external capacity that bundles synthesis, purification, and regulatory support into single-vendor contracts. The model suits high-value clinical batches where each lot must pass stringent GMP audits. Reagent consumption scales in parallel, offering steady annuity streams for consumables providers even as benchtop enzymatic platforms appear. 

Looking ahead, service revenue is expected to outpace product sales because compliance complexity continues to rise. CDMOs spread analytical costs across dozens of clients, whereas individual biotechs seldom justify multi-million-dollar cleanroom investments. Equipment suppliers respond with higher-throughput instruments such as 384-well synthesizers that cut per-oligo costs, yet most machines will still land inside service facilities rather than drug-maker labs. The oligonucleotide synthesis market size expansion therefore tracks CDMO build-outs, while specialized benchtop systems address niche rapid-turnaround needs within research cores.

Market Share
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By Chemistry: DNA Holds Sway as RNA Accelerates

DNA retained 43.45% command of the oligonucleotide synthesis market in 2024 thanks to mature phosphoramidite protocols that deliver >99% coupling efficiency for strands up to 120 bases. RNA’s 13.78% share is set to climb as mRNA vaccines, CRISPR guides, and siRNA drugs gain clinical traction. Enzymatic synthesis favors RNA because aqueous enzymology avoids the acidic deprotection steps that degrade 2'-hydroxyl groups, extending feasible lengths beyond 200 bases without capping agents. 

Modified backbones such as phosphorothioates and 2'-O-methyl riboses already dominate antisense and RNAi therapeutics, commanding multiples of DNA’s price per base. Niche chemistries (LNA, PNA, Morpholino) occupy small slices yet supply indispensable tools for stability-critical indications. As therapeutic demand intensifies, production shifts toward GMP-compliant enzymes and greener solvents, lifting the oligonucleotide synthesis market share of RNA while DNA remains foundational for gene-assembly and PCR primer volumes.

By Application: Research Volume Meets Therapeutic Value

Research retained 53.15% of 2024 activity, but therapeutics, with 14.51%, drive the lion’s share of profit as each clinical oligo can bill at 10- to 20-fold the price of a laboratory primer. Twenty-two approved nucleic-acid medicines by 2023 validated the modality, while four 2024 approvals confirm a steady pipeline. Companion diagnostics marry drug and test, doubling sequence orders per indication and tightening links between therapeutic and diagnostic markets. 

From 2025 onward, therapeutic CAGR is positioned to outrun research volumes. Patent expiries on first-generation antisense constructs open room for rare-disease developers, and venture funding flows into start-ups crafting personalized oligos. Consequently, the oligonucleotide synthesis market size attached to therapeutics will expand faster than any other segment, even if absolute unit counts stay below research quantities.

Market Share
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By End-User: Academic Institutes Lead Volume, Pharma Captures Margin

Academic institutions drove 72.81% of sequences in 2024, underlining how discovery science still underpins oligonucleotide demand. University labs churn through primers and probes for CRISPR screens, transcriptomics, and synthetic biology. Yet revenue skews toward pharmaceutical and biotechnology companies, which represented only 14.21% of volume but booked the majority of dollar value through GMP projects. 

Hospitals and diagnostic labs are the fastest-growing cohort as genetic tests migrate from central reference labs to point-of-care settings. This wave feeds the oligonucleotide synthesis market with medium-scale orders demanding medical-grade quality but not full GMP rigor, carving out a mid-tier service niche. As precision-medicine trials proliferate, academic–industry collaborations will deepen, funneling grant-backed discoveries into clinical pipelines that rely on CDMO strength.

Geography Analysis

North America captured 42.81% share in 2024, propelled by FDA guidance that de-risks development and by NIH funding that subsidizes platform innovation. United States-based firms leverage integrated ecosystems spanning venture capital, academic excellence, and manufacturing know-how. Canada benefits from proximity, with emerging GMP suites attracting cross-border projects. Mexico’s low-cost sites are beginning to draw reagent packaging and QC functions, though synthesis remains concentrated further north.

Asia-Pacific held 14.71% yet registers the highest growth trajectory. Chinese sponsors poured more than USD 4 billion into small-nucleic-acid ventures during 2024, while provincial governments fast-tracked plant permits to localize supply. South Korea secured EUR 300 million from MilliporeSigma for a duplex biologics campus, and Singapore’s regulatory certainty lured multi-line expansions from WuXi STA and GenScript. India’s “Make in India” drive birthed CoDx-CoSara’s new Gujarat facility, signaling regional intent to rise up the value chain.

Europe remains an innovation powerhouse but encounters PFAS-related chemical restrictions that complicate legacy phosphoramidite workstreams[3]American Chemical Society, “PFAS Restrictions Push Greener Oligonucleotide Chemistry,” pubs.acs.org. Germany’s BioSpring tripled capacity and added 1,500 jobs, offsetting supply headaches by pioneering fluorine-free reagents. The United Kingdom’s Catapult centers pair public grants with biotech spin-outs, while France cultivates enzymatic start-ups. Elsewhere, Brazil and Argentina lead Latin American uptake of genetic therapies, and Gulf states build precision-medicine hubs anchored by imported oligonucleotides, foreshadowing localized production over the next decade.

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Competitive Landscape

The oligonucleotide synthesis market shows moderate fragmentation. Thermo Fisher, Agilent, and Danaher’s Integrated DNA Technologies wield global plants, broad reagent portfolios, and automated analytics. Agilent’s USD 725 million capacity upgrade and BIOVECTRA acquisition illustrate how scale secures high-value therapeutic contracts. Twist Bioscience, DNA Script, and Ansa Biotechnologies disrupt with enzymatic innovations that extend sequence length and cut solvent use, reshaping buyer preference toward greener chemistry. 

Strategic M&A quickens: Merck’s USD 600 million Mirus Bio purchase adds lipid nanoparticle know-how, while Thermo Fisher’s USD 3.1 billion deal for Olink expands proteomic adjacency. Smaller firms carve niches in personalized medicine; Aldevron and IDT completed a bespoke CRISPR therapeutic from design to clinic in six months, demonstrating agile pathways big incumbents now chase. Patent maneuvers remain potent weapons, evidenced by Editas-Vertex licensing pacts that lock down CRISPR components even amid legal flux. Environmental regulation and supply-chain localization further complicate competition, rewarding players that pre-emptively adapt chemistry and geographic footprint.

Oligonucleotide Synthesis Industry Leaders

  1. Thermo Fisher Scientific

  2. Agilent Technologies

  3. Merck KGaA

  4. Bio-Synthesis Inc

  5. Eurofins Scientific

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • February 2025: Astellas Pharma obtained FDA approval to remove dosing-duration limits from IZERVAY (avacincaptad pegol) for geographic atrophy.
  • February 2025: India’s Jawaharlal Nehru Centre hosted the first Regional Nucleic Acid Therapeutics Meeting, uniting academia and industry on oligonucleotide drug topics.
  • January 2025: Maravai LifeSciences bought Molecular Assemblies assets, bringing Fully Enzymatic Synthesis into TriLink BioTechnologies.
  • December 2024: Co-Dx and CoSara Diagnostics opened an oligonucleotide synthesis facility in Ranoli, India, under the “Make in India” banner.

Table of Contents for Oligonucleotide Synthesis Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government funding surge post-pandemic
    • 4.2.2 Clinical adoption of synthesized oligos in advanced diagnostics
    • 4.2.3 Expansion of contract development & manufacturing (CDMO) capacity
    • 4.2.4 Patent cliffs driving next-gen antisense/RNA therapies
    • 4.2.5 Micro-array based ultrahigh-throughput synthesis platforms
    • 4.2.6 Enzymatic, benchtop “DNA printer” launch pipelines
  • 4.3 Market Restraints
    • 4.3.1 Persistent high purification & QC costs
    • 4.3.2 IP disputes around CRISPR / gene-editing sequences
    • 4.3.3 Supply bottlenecks for specialty phosphoramidites
    • 4.3.4 PFAS-linked environmental regulations on fluorinated nucleic acids
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Product Type
    • 5.1.1 Synthesized Oligonucleotide Products
    • 5.1.2 Reagents
    • 5.1.3 Equipment
    • 5.1.4 Services
  • 5.2 By Chemistry
    • 5.2.1 DNA (Phosphoramidite)
    • 5.2.2 RNA
    • 5.2.3 LNA / PNA / Morpholino
  • 5.3 By Application
    • 5.3.1 Research
    • 5.3.2 Diagnostics
    • 5.3.3 Therapeutics
  • 5.4 By End-user
    • 5.4.1 Academic Research Institutes
    • 5.4.2 Pharmaceutical & Biotechnology Companies
    • 5.4.3 Hospital & Diagnostic Laboratories
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of APAC
    • 5.5.4 Middle East & Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of MEA
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Agilent Technologies
    • 6.3.2 Thermo Fisher Scientific
    • 6.3.3 Merck KGaA (Sigma-Aldrich)
    • 6.3.4 Danaher (IDT)
    • 6.3.5 Eurofins Scientific
    • 6.3.6 Kaneka (Eurogentec)
    • 6.3.7 GenScript
    • 6.3.8 LGC Biosearch Technologies
    • 6.3.9 Maravai Life Sciences (TriLink)
    • 6.3.10 Biogen
    • 6.3.11 Sarepta Therapeutics
    • 6.3.12 Twist Bioscience
    • 6.3.13 Integrated DNA Technologies
    • 6.3.14 Bioneer
    • 6.3.15 Bio-Synthesis Inc.
    • 6.3.16 Biolegio
    • 6.3.17 GE Healthcare (Cytiva)
    • 6.3.18 Synbio Technologies
    • 6.3.19 Creative Biogene
    • 6.3.20 Vivantis Technologies
    • 6.3.21 Macrogen

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study views the global oligonucleotide synthesis market as revenue stemming from the chemical manufacture of short DNA, RNA, and chemically-modified oligonucleotides sold in research, diagnostic, or therapeutic grade. Associated reagents, dedicated synthesizers, and contract synthesis services are counted once they directly support oligo production at commercial scale.

Scope exclusion: Finished pharmaceutical products that merely contain an oligo but are sold as marketed drugs fall outside this sizing.

Segmentation Overview

  • By Product Type
    • Synthesized Oligonucleotide Products
    • Reagents
    • Equipment
    • Services
  • By Chemistry
    • DNA (Phosphoramidite)
    • RNA
    • LNA / PNA / Morpholino
  • By Application
    • Research
    • Diagnostics
    • Therapeutics
  • By End-user
    • Academic Research Institutes
    • Pharmaceutical & Biotechnology Companies
    • Hospital & Diagnostic Laboratories
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of APAC
    • Middle East & Africa
      • GCC
      • South Africa
      • Rest of MEA
    • South America
      • Brazil
      • Argentina
      • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

To ground secondary signals, we conducted interviews with procurement managers at therapeutics developers, heads of core genomics facilities across North America, Europe, and Asia-Pacific, plus reagent distributors. These discussions clarified true average selling prices, service utilization rates, and emerging demand from enzymatic platforms, allowing us to stress-test desk assumptions before finalizing inputs.

Desk Research

Mordor analysts first mapped demand using open datasets such as FDA Drug Trial Snapshots, the NIH RePORTER grant database, WIPO patent filings, OECD biotechnology R&D spending, and shipment-level customs records available through Volza. Trade association portals (e.g., Bio-industry associations), publicly filed 10-Ks, and peer-reviewed journals then provided run-rate volumes, price trends, and pipeline counts. D&B Hoovers and Dow Jones Factiva supplied company-level revenue splits for the larger synthesis vendors. This list is illustrative; several additional public and proprietary references were examined for validation and context.

Market-Sizing & Forecasting

A top-down construct starts with regional PCR test volumes, NGS run counts, and oligo drug clinical-pipeline tallies, which are then combined with typical oligo consumption factors and ASP ranges to yield an addressable revenue pool. Supplier roll-ups, sampled catalogue pricing, and capacity utilization checks provide bottom-up reasonableness tests; gaps are adjusted to the better-substantiated figure. Key variables include nucleotides-per-reaction averages, clinical trial starts for antisense and siRNA therapies, synthesis yield improvements, reagent cost indices, and government genomics budgets. Forecasts apply multivariate regression blended with scenario analysis, linking the above drivers to our historical series and consensus demand outlook gathered from primary experts.

Data Validation & Update Cycle

Outputs pass automated variance flags, senior-analyst peer review, and a final sign-off meeting. We refresh every twelve months, with mid-cycle revisions if material events, regulatory approvals, major capacity additions, or disruptive pricing shift the baseline. Before delivery, an analyst performs a fresh fact check so clients receive the most current view.

Why Mordor's Oligonucleotide Synthesis Baseline Stands Reliable

Published values often differ because studies mix drugs, reagents, equipment, or even gene-length constructs in varying proportions, and base years or currency conversions may diverge.

Key gap drivers here include whether finished antisense drugs are counted, how list prices versus realized ASPs are treated, and the recency of primary verifications. Mordor's model fixes scope to synthesis revenue, uses blended ASPs confirmed through interviews, and refreshes annually, thereby reducing double counting and outdated assumptions.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 3.84 B (2025) Mordor Intelligence -
USD 4.05 B (2024) Regional Consultancy A Includes oligo-containing finished drugs and synthesizer sales; older base year inflates growth carry-over
USD 10.5 B (2025) Global Consultancy B Adds gene synthesis and CDMO revenue; relies on list prices without volume cross-checks

In sum, while other publishers adopt broader or less validated scopes, our disciplined variable selection, fresh primary inputs, and clear exclusions give decision-makers a dependable middle-ground baseline that is transparent, reproducible, and easy to audit.

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Key Questions Answered in the Report

How big is the Oligonucleotide Synthesis Market?

The Oligonucleotide Synthesis Market size is expected to reach USD 3.84 billion in 2025 and grow at a CAGR of 12.34% to reach USD 6.87 billion by 2030.

What is driving the rapid growth of the oligonucleotide synthesis market?

Strong therapeutic pipelines, enzymatic production advances, and expanding CDMO capacity collectively fuel a 12.34% CAGR through 2030.

Who are the key players in Oligonucleotide Synthesis Market?

Thermo Fisher Scientific, Agilent Technologies, Merck KGaA, Bio-Synthesis Inc and Eurofins Scientific are the major companies operating in the Oligonucleotide Synthesis Market.

Which is the fastest growing region in Oligonucleotide Synthesis Market?

Asia-Pacific, led by China and South Korea, records the steepest growth thanks to multi-billion-dollar funding rounds and new manufacturing plants.

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