openPR Logo
Press release

RNA Based Therapeutic Market grew USD 25.12 Bn by 2030, at 17.6% CAGR Growth According to Allied Market Research

11-09-2022 02:01 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
RNA Based Therapeutic Market grew USD 25.12 Bn by 2030, at 17.6%

According to a recent research study, the global RNA based therapeutics industry was estimated at $4.93 billion in 2021, and is anticipated to hit $25.12 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030.

What are RNA based therapeutics? How Big is RNA based therapeutics Market?

RNA treatment is a term used to depict the utilization of RNA-based particles to tweak natural pathways to fix a particular condition. As a general rule, the RNA succession is the way to controlling the articulation or action of its objective particles. The increase in number of patients suffering from chronic diseases, further fuels the growth of the global RNA Based Therapeutics market.

The market across North America dominated in 2020, garnering more than two-fifths the global RNA based therapeutics market. High expenditure on R&D, presence of major players & their product availability, and well-established healthcare infrastructure in the region propel the market growth. Simultaneously, the Asia-Pacific region is also expected to cite the fastest CAGR of 18.9% throughout the forecast period. This is attributed to improvements in R&D facilities, available disposable income, and rapidly developing economic conditions.

Request Sample Copy of RNA Based Therapeutics Market Research Report @

https://www.alliedmarketresearch.com/request-sample/546

Rise in initiatives from government for large-scale sequencing projects drives the growth of the global RNA based therapeutics market. On the other hand, hurdles in drug delivery, high cost of research, and threats of failure restrain the growth to some extent. However, early commercialization of pipeline therapeutics is expected to create lucrative opportunities in the industry.

(๐ˆ๐ง ๐ญ๐จ๐๐š๐ฒ'๐ฌ ๐œ๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ, ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ข๐ฌ ๐š ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฌ๐ญ๐ž๐ฉ ๐ข๐ง ๐ข๐๐ž๐ง๐ญ๐ข๐Ÿ๐ฒ๐ข๐ง๐  ๐ญ๐ก๐ž ๐œ๐จ๐ซ๐ซ๐ž๐œ๐ญ ๐ญ๐š๐ซ๐ ๐ž๐ญ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ข๐ง๐  ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ฌ๐ž๐ ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž๐ข๐ซ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ง๐ž๐ž๐๐ฌ. ๐–๐ก๐ข๐ฅ๐ž ๐Ÿ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž๐ฌ๐ž ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐ž๐ฏ๐ž๐ซ๐ฒ ๐Ÿ๐š๐œ๐ž๐ญ ๐š๐ง๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ฉ๐ซ๐จ๐›๐ฅ๐ž๐ฆ ๐ฉ๐ซ๐ž๐ฌ๐ž๐ง๐ญ๐ž๐ ๐›๐ฒ ๐ญ๐ก๐ž ๐ฉ๐š๐ซ๐ญ๐ข๐œ๐ฎ๐ฅ๐š๐ซ ๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐ข๐ฌ ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก๐ฅ๐ฒ ๐œ๐จ๐ง๐ฌ๐ข๐๐ž๐ซ๐ž๐. ๐ˆ๐ญ ๐š๐ฅ๐ฌ๐จ ๐œ๐จ๐ง๐ฌ๐ข๐๐ž๐ซ๐ฌ ๐ง๐ฎ๐ฆ๐ž๐ซ๐จ๐ฎ๐ฌ ๐ ๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ ๐ซ๐ž๐Ÿ๐จ๐ซ๐ฆ๐ฌ, ๐ญ๐ก๐ž ๐œ๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐ž๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ, ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐›๐ž๐ก๐š๐ฏ๐ข๐จ๐ฎ๐ซ, ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐š๐ง๐ ๐Ÿ๐ฎ๐ญ๐ฎ๐ซ๐ž ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ฌ๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ, ๐š๐ง๐ ๐ซ๐š๐ฉ๐ข๐๐ฅ๐ฒ ๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ญ๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ ๐›๐ซ๐ž๐š๐ค๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐ฌ. ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ฉ๐ฅ๐š๐ง๐ฌ ๐š๐ง๐ ๐ฉ๐จ๐ฅ๐ข๐œ๐ข๐ž๐ฌ.)

Impact of COVID-19 on RNA Based Therapeutics Market-

There was a steep decline in the number of patients visiting clinics and hospitals for RNA based therapies, which, in turn, decreased the demand for RNA based therapeutic products, especially during the initial phase of the pandemic. This impacted the global RNA based therapeutic market negatively.

Also, mRNA vaccines could potentially offer long-term solutions all over the world for diseases ranging from influenza to AIDS, but owing to lockdown measures and temporary closure of research institutes and academic research, the demand for RNA based therapeutic solutions decreased significantly.

This trend is quite likely to continue till the pandemic is completely over.

Some of the Top Market Players Are:

Silence Therapeutics plc.
Arbutus Biopharma Corporation
Ionis Pharmaceuticals
Sarepta Therapeutics
Alnylam Pharmaceuticals, Inc.
Benitec Biopharma Inc.
Genzyme (Sanofi), Arrowhead Pharmaceuticals
Biogen, Inc.
Gradalis, Inc.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release RNA Based Therapeutic Market grew USD 25.12 Bn by 2030, at 17.6% CAGR Growth According to Allied Market Research here

News-ID: 2799952 • Views: โ€ฆ

More Releases from Allied Market Research

Philippines Beauty & Personal Care Market to rise up to the USD 4.7 billion by 2026 and to grow at a CAGR of 4.8%
Philippines Beauty & Personal Care Market to rise up to the USD 4.7 billion by 2 โ€ฆ
The Philippines beauty & personal care market size was valued at $3.3 billion in 2018 and is projected to reach $4.7 billion by 2026, registering a CAGR of 4.8% from 2019 to 2026.The Hypermarket/Supermarket segment was the highest contributor to the market, with $801.5 million in 2018. Request The Sample PDF of This Report: https://www.alliedmarketresearch.com/request-sample/6493 Market Overview Beauty & personal care products are the products that are used forโ€ฆ
Online Entertainment Market Exhibit a Remarkable CAGR of 20.82% and is estimated to reach USD 652.5 billion by 2027
Online Entertainment Market Exhibit a Remarkable CAGR of 20.82% and is estimated โ€ฆ
The global online entertainment market size is expected to reach $ 652.5 billion by 2027 at a CAGR of 20.82% from 2021 to 2027. Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6778 Online entertainment refers to entertainment over the internet through smart devices such as smartphones, smart TVs, laptops, and tablets. Proliferation in adoption of smartphones and affordability of internet have led to increase in online traffic, whichโ€ฆ
3D Rendering Services Market is Forecasted to Attain US$ 61.65 Billion by 2026, At a Booming 28.10% Growth Rate
3D Rendering Services Market is Forecasted to Attain US$ 61.65 Billion by 2026, โ€ฆ
The global 3D Rendering Services industry was valued at $8.56 billion in 2018, and is projected to reach $61.65 billion by 2026, growing at a CAGR of 28.10% from 2019 to 2026. Modelling service is expected to experience significant growth in the upcoming years, as these services are becoming extremely popular marketing services that are used for design, presentation, and sales of any residential or commercial buildings. Request Sample Report: https://www.alliedmarketresearch.com/request-sample/6174 3D renderingโ€ฆ
Fuel Cell UAV Market to Grow at a CAGR of 13.4% and will Reach USD 5.4 billion by 2032
Fuel Cell UAV Market to Grow at a CAGR of 13.4% and will Reach USD 5.4 billion b โ€ฆ
The growth of the global ๐…๐ฎ๐ž๐ฅ ๐‚๐ž๐ฅ๐ฅ ๐”๐€๐• ๐Œ๐š๐ซ๐ค๐ž๐ญ is driven by factors such as rise in demand for improved surveillance, increase in need for higher payload capacity UAVs, and supportive growth through regulatory compliance. The global fuel cell UAV market size was valued at $1.6 billion in 2022, and is projected to reach $5.4 billion by 2032, growing at a CAGR of 13.4% from 2023 to 2032. ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌโ€ฆ

All 5 Releases


More Releases for RNA

Global RNA Analysis/Transcriptomics Market Report
The Global RNA Analysis / Transcriptomics Market is projected to expand at a CAGR of 12.5% during the forecast period, to hit USD 8.1 Billion by 2026, according to a recent market report compiled by Global Market Estimates. Due to the rising need for personalized medicines, the demand for RNA Analysis / Transcriptomics is expected to raise the market demand. Browse 156 Market Data Tables and 112 Figures spread through 175โ€ฆ
Cancer RNA Expression Market to Reap Excessive Revenues by 2028(By sequencing te โ€ฆ
Worldwide cancer is one of the leading cause of death and effective way of treating it still looks unaccomplished in most parts of the world. The factors which influence the successful treatment of cancer are different depending on the stage of diagnosis, treatment availability and availability of trained healthcare professionals coupled with high economic burden of the disease. The gene expression of cancerous cells varies by cancer type and mayโ€ฆ
Senior experts from Exicure, Roche, GSK, BioNTech RNA Pharmaceuticals & MiNA The โ€ฆ
With less than 4 weeks until SMiโ€™s 10th annual RNA Therapeutics event (http://www.therapeutics-rna.com/openpr) opens its doors in London, UK next month, registration will soon be closing and delegate places are becoming increasingly limited. Over the course of 2 focused days, attendees will be able to have an exclusive look into key developments in oligonucleotide therapeutics, mRNA technology, delivery mechanisms, and much more, led by industry leaders, scientific pioneers, and academics exploringโ€ฆ
RNA Therapy Improves Vision in Child Blindness, hear more about recent developme โ€ฆ
SMi Reports: In light of recent developments in the field of RNA Therapy, SMiโ€™s 10th Annual RNA Therapeutics is set to deliver the latest advancements in February this year. Leber congenital amaurosis (LCA), one of the most common causes of blindness in children, has been the subject of successful RNA therapy as researchers at the University of Pennsylvania recently published new data showing the success of the new therapy which improvedโ€ฆ
New Confirmed Delegates & Speakers for RNA Therapeutics
SMi are thrilled to welcome Dr. James Hamilton, Vice President, Head of Clinical Development, Arrowhead Pharmaceuticals onto the speaker panel RNA Therapeutics 2018! Dr. James Hamilton is currently responsible for all aspects of clinical trial design, implementation and execution. In this role, Dr. Hamilton managed the ARC-520 and ARC-AAT global programs through Phase 2 of development. Previously, Dr. Hamilton was Medical Director and Head of Corporate Development at Arrowhead. He ledโ€ฆ
Introducing the 9th Annual RNA Therapeutics 2018
As the requirement for targeted solutions for chronic diseases continues to grow, the interest of pharmaceutical and biotech companies has increasingly focused towards RNA therapeutics, such that by 2020, the RNA Therapeutics Market is predicted to attain $1.2 billion. One of the main challenges in RNA Therapeutics continues to be bridging the gap between in-vivo and in-vitro models, hear key case studies on the development on the latest delivery systems andโ€ฆ