Press release
Exosome Therapeutic Market Size Worth USD 2.9 Billion By 2030, growing at a CAGR of 29.4% | NanoSomix Inc, NX Pharmagen, Sistemic Inc.
The global exosome diagnostic and therapeutic market size was valued at $224.34 million in 2020, and is projected to reach $2.9 billion by 2030.
CAGR: 29.4%
Current Market Size: USD 224.34 Million
Forecast Growing Region: APAC
Largest Market: North America
Projection Time: 2021 - 2030
Base Year: 2020
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Expansion being used of multifunctional property of exosome treatment for persistent cardiovascular breakdown, Alzheimer's illness, Parkinson's sickness, and disease drive the development of the worldwide exosome indicative and helpful market. Then again, ascend popular for drug treatments and flood in Research and development exercises in the drug and biopharmaceutical fields supplement the market development much more. Additionally, flood in likely utilization of exosomes in disease determination and improvement of translational accuracy drugs are supposed to set out worthwhile open doors in the business.
Contingent upon item, the reagent fragment held the biggest piece of the pie in 2020, attributable to its successive use in medical services offices for the disengagement of exosome and research methodology. In any case, the reagents fragment is supposed to observe significant development during the estimate time frame, attributable to increment deprived for sub-atomic analysis and flood in Research and development exercises with the end goal of conclusion. According to the end client, the indicative section held the biggest portion of 30.3%.
Covid-19 scenario-
Rapid spread of Covid-19 heightened the need for molecular diagnosis, thus impacting the global exosome diagnostic and therapeutic market positively.
This trend is pretty likely to continue till the pandemic is completely over.
COVID-19 positively impacted the exosome diagnostic and therapeutic market share, due to rise in number of infectious disease cases, surge in availability of healthcare services in developing countries, and increase in demand for exosome diagnostic & therapeutic technology. Driving factors of the exosome diagnostic and therapeutic market are improvement in precision and surge in advantages over traditional methods of diagnosis and therapeutics.
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Alarming rise in prevalence of cancer & infectious disease and increase in number of approval for exosome therapeutics & diagnostics are expected to notably contribute toward the growth of the global exosome diagnostic & therapeutic market during the forecast period.
What is the therapeutic potential of exosomes?
Existing studies have established the potential of exosomes in regenerating tendons, skeletal muscles, and peripheral nerves through different mechanisms, including promoting myogenesis, increasing tenocyte differentiation and enhancing neurite outgrowth, and the proliferation of Schwann cells.
surge in the presence of key players, and development of R&D activities in the pharmaceutical and biopharmaceutical sector across the province. Asia-Pacific, however, would grow at the fastest CAGR of 30.3% by 2030. Increase in the prevalence of chronic and infectious disorders, growth in health care expenditures, and surge in demand for molecular diagnosis drive the market growth in the region.
Key players in the industry-
Exosome Diagnostics Inc.
NanoSomix Inc.
Thermo Fisher Scientific Inc.
Malvern Instruments Ltd.
System Biosciences Inc.
NX Pharmagen
Aethlon Medical, Inc.
Sistemic Inc.
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