RNAi Therapeutics Market Size, Share, Demand, Future Growth, Challenges and Competitive Outlook Report

Data Bridge Market Research analyses that the RNAi therapeutics market which was USD 807.99 million in 2022, would rocket up to USD 1645.76 million by 2030, and is expected to undergo a CAGR of 9.3% during the forecast period 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Scenario:

According to the World Health Organization estimates that cancer caused 9.6 million deaths in 2018 and is the second-highest cause of death worldwide. About 1 in 6 fatalities worldwide are caused by cancer. Over the following two decades, there will likely be a 70 percent increase in new cases. Additionally, recent developments have made it possible to overcome this barrier and facilitate the clinical use of RNAi-based therapeutics for cancer treatment.

A brand-new class of drugs based on ribonucleic acid is known as RNA therapies (RNA). Target mRNA molecules are neutralized during the biological process known as RNA interference, and RNA molecules are then shown to impede gene expression or translation. Additionally, RNA interference (RNAi) is a group of short RNA-directed processes that inhibits the expression of genes in a sequentially-specific manner.

Recent Development

On February 26, 2020, The Brazilian Health Regulatory Agency (ANVISA) approved ONPATTRO for treating hereditary transthyretin-mediated (hATTR) amyloidosis in adults, according to a prominent company's announcement.

In June 2020, OliX Pharmaceuticals and LGC Biosarch Technology agreed to quicken the manufacturing of asymmetric siRNA for treating wet macular degeneration and subretinal fibrosis.

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Global RNAi Therapeutics Market Scope

The RNAi therapeutics market is segmented on the basis of molecule type, application, route of administration and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Molecule Type

Small Interfering RNAS

Microrna

Application

Genetic Disorder

Oncology

Neurodegenerative Disorder

Cardiovascular Disorder

Respiratory Disorder

Infectious Disease

Renal Disease

Other

Some of the major players operating in the RNAi therapeutics market are:

Quark Software Inc. (U.S.)

F. Hoffmann-La Roche Ltd. (Switzerland)

Rexahn Pharmaceuticals, Inc. (U.S.)

Silence Therapeutics (U.K.)

Arbutus Biopharma (U.S.)

Benitec Biopharma (Australia)

GSK plc (U.K.)

OLIX PHARMACEUTICALS, INC. (South Korea)

Sanofi (France)

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