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Aptamers Market Is Poised For The Significant Growth During The Forecast Period 2023-2032: Aptamer Group, SomaLogic Inc., Aptamer Sciences Inc., Aptagen LLC
Aptamers Market
The Business Research Company's Aptamers Global Market Report 2023 identifies the increasing prevalence of chronic respiratory diseases as the major driver for the aptamers market's growth in the forecast period. Chronic respiratory disease is when the airways narrow and swell and may produce extra mucus. It make breathing challenging and cause coughing, shortness of breath, and wheezing when exhaling. Aptamers help detect the respiratory syncytial virus (RSV), help identify disease early, and provide treatment. For instance, according to data from the Centers for Disease Control and Prevention (CDC), a US-based public health agency, 8.4% of people over 18 and 5.8% of children had asthma in the US in 2020. Furthermore, in May 2021, according to a report shared by the Asthma and Allergy Foundation of America, a US-based non-profit organization, the number of Americans who have asthma will be over 25 million.
The global aptamers market size is expected to grow from $1.75 billion in 2022 to $2.16 billion in 2023 at a compound annual growth rate (CAGR) of 23.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aptamers market is expected to grow to $4.98 billion in 2027 at a CAGR of 23.2%.
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Major competitors in the aptamers market are Aptamer Group, SomaLogic Inc., Aptamer Sciences Inc., Aptagen LLC, NeoVentures Biotechnology Inc., Aptus Biotech, Base Pair Biotechnologies, AMSBIO, Vivonics Inc.
A key trend in the aptamers market includes technological innovations. Major companies operating in the market are introducing new technologies, such as artificial DNA aptamers, which are manufactured using adaptable and seamless technology to sustain their position in the market. For instance, in May 2021, NEC Corporation, a Japan-based multinational information technology and electronics corporation, developed artificial DNA aptamers that can bind to the novel coronavirus (SARS-CoV-2). With the help of adaptable and seamless technology, an aptamer can enter the body to target RBD, which is the key to infection, and trap the virus by identifying the three-dimensional structure of the receptor-binding domain (RBD), forming a solid bond with it.
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The Aptamers market is segmented -
• By Type: DNA Aptamers, XNA Aptamers, RNA Aptamers
• By Technology: SELEX, X Aptamer, Maras Technique
• By Application: Therapeutics Development, Research and Development, Diagnostic, Other Applications
• By End User: Pharmaceutical and Biotechnology Companies, Academic and Government Research Institutes, Cathode-Ray Oscilloscope, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the aptamers market.
The Business Research Company's "Global Aptamers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aptamers Market Include:
1. Executive Summary
2. Aptamers Market Characteristics
3. Aptamers Market Trends And Strategies
4. Aptamers Market - Macro Economic Scenario
5. Aptamers Market Size And Growth
……………
27. Aptamers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aptamers Market
29. Aptamers Market Future Outlook And Potential Analysis
30. Appendix
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