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Oligonucleotide Manufacturing Market: Key Growth Drivers and Roadblocks

by Roots Analysis Roots Analysis provides market research and consul

Over the years, contract / custom service providers have evolved significantly, acquiring specialized capabilities and expertise in niche therapeutic classes. They have, in many ways, become the ideal strategic partners for oligonucleotide-focused companies, capable of providing end-to-end solutions to cater to the product development and manufacturing needs of their clients. Further, the implementation of next generation production technologies has not only simplified the production process for such service providers, but also increased the overall demand for their services. In fact, advanced technologies, as well as adoption and implementation of single use systems has rendered the services of manufacturers more reliable.

 

 

Due to various reasons, including exorbitant costs, complex manufacturing processes and other concerns, oligonucleotide developers are compelled to outsource their operations to contract / custom service providers. Although oligonucleotides are a small class of therapeutics, it is a rapidly growing segment of the market. With the increasing number of oligonucleotide therapeutics nearing the market, the manufacturing process is gaining increased importance and is continuously being improved.

 

Further, manufacturers are continuously scaling up their capabilities and opening new facilities in order to cope up with the rising demand for oligonucleotides in near future. Despite some of these factors supporting the future growth outlook, there are a considerable number of challenges. However, the benefits offered by contract service providers greatly outweigh the risks associated with employing the services of a third-party manufacturing company. According to our estimates, the oligonucleotide manufacturing market is anticipated to witness significant growth in the coming years as the demand for outsourcing of manufacturing activities continues to rise.

 

Complete report by Roots Analysis: Oligonucleotide Synthesis, Modification and Purification Services Market: Focus on Research, Diagnostic and Therapeutic Applications, 2020-2030


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Created on Jun 24th 2020 05:28. Viewed 239 times.

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