RNAi Therapeutics Market Set for Rapid Growth During 2020-2027 Alnylam Pharmaceuticals, Sanofi, Olix Pharmaceuticals, Glaxosmithkline Plc., Benitec Biopharma

Increasing number of investments in RNAi therapy development coupled with growing prevalence of infectious diseases and chronic conditions is anticipated to drive the market growth during the forecast period. However, high cost of RNAi therapies is likely to restraint the growth of the market during the forecast years.

Leading RNAi Therapeutics Market Players:
Alnylam Pharmaceuticals, Inc., Sanofi, Olix Pharmaceuticals, Inc., Glaxosmithkline Plc., Benitec Biopharma, Arbutus Biopharma Corporation, Silence Therapeutics, Rexahn Pharmaceuticals, Inc., Arrowhead Pharmaceuticals, Inc, Quark

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According to the Centers for Disease Control and Prevention (CDC), 6 in 10 people in the US have suffered from at least one chronic disease and 4 in 10 people had two or more chronic diseases in 2019. This factor has propelled the growth of healthcare systems across the world. Extensive R&D activities are being conducted by government institutions and academic research centers to discover new drug delivery technologies and deal with the increasing number of patients suffering from infectious diseases (e.g., pneumonia, meningitis, food poisoning, and flu) and chronic conditions (e.g., cancer, diabetes, and cardiovascular conditions).

A study published in 2019 by the American Society for Microbiology revealed that 1.5–4.5 million infections were caused due to Carbapenem-resistant Enterobacteriaceae every year across the world. Additionally, the same risk factor leads to the hospitalization of ~49,000 people each year in the US. According to a study published by UNICEF, in 2018, pneumonia caused the death of nearly 1,755,000 children aged five and below; also, nearly 1,200,000 children across the world lost their lives due to diarrhea. These numbers show that the cases of infectious diseases, especially caused due to bacteria, are increasing day by day across the world. Further, cancer and diabetes are the major cause of death among population across the world. According to a study conducted by the American Cancer Society (ACS), in 2018, about 1,735,350 new cancer cases were diagnosed in the US.

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The global impacts of COVID-19 are being felt across several markets. In case of pharmaceutical industry, supply chain operations are significantly hampered due to the pandemic. However, market players in the RNAi therapeutics are focusing on the development of vaccine with the help of gene silencing technology, which might have a positive impact on the market growth during the forecast period.

Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global RNAi Therapeutics Market
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• The key findings and recommendations highlight crucial progressive industry trends in the RNAi Therapeutics Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Table of Content:
Market Overview
Competition Analysis by Players
Company (Top Players) Profiles
RNAi Therapeutics Market Size by Type and Application
US Market Status and Outlook
EU Development Market Status and Outlook
Japan Market Development Status and Outlook
China Market Status and Outlook
India RNAi Therapeutics Market Status and Outlook
Southeast Asia Market Status and Outlook
Market Forecast by Region, Type, and Application
Market Dynamics
Market Effect Factor Analysis
Research Finding/ Conclusion
Appendix

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This release was published on openPR.