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RNA Targeting Small Molecules Therapeutics Market 2023 - By Size, Trends, Opportunities And Forecast To 2032
RNA Targeting Small Molecules Therapeutics Market
The Business Research Company's RNA Targeting Small Molecules Therapeutics Global Market Report 2023 identifies increasing number of cancer cases as the major driver for the RNA Targeting Small Molecules Therapeutics market's growth in the forecast period. Cancer is a category of illnesses that can develop in nearly any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their usual boundaries, and either spread to other organs or invade neighboring body parts. Cancer is treated with RNA-targeting small molecules created and investigated to target RNA molecules associated with cancer selectively.
The global RNA targeting small molecules therapeutics market is expected to grow from $0.77 billion in 2022 to $1.06 billion in 2023 at a compound annual growth rate (CAGR) of 37.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 market size of global RNA targeting small molecules therapeutics is expected to reach $3.68 billion in 2027 at a CAGR of 36.6%.
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Major competitors in the RNA Targeting Small Molecules Therapeutics market are F. Hoffmann-La Roche Ltd., Bayer AG, Sanofi S.A., AstraZeneca plc, Eli Lilly and Company, Amgen Inc., Janssen Pharmaceuticals.
A key trend in the RNA Targeting Small Molecules Therapeutics market includes strategic partnerships. Major companies operating in the RNA-targeting small molecule therapeutics market are undergoing partnerships to develop a new relationship in which two or more organizations develop innovative products. For instance, in June 2022, Otsuka Pharmaceutical Co. Ltd., a Japan-based pharmaceutical manufacturing company, collaborated with xFOREST Therapeutics Co. Ltd., a Japan-based developer of drug discovery platforms. With this partnership, xFOREST will offer Otsuka with its Forest technology to advance systemic small-molecule drug discovery research focusing on RNA structures. Furthermore, in March 2021, Evotec SE, a Germany-based drug discovery and development company, entered a strategic alliance with Takeda Pharmaceutical Company Limited, a Japan-based pharmaceutical company.
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The RNA Targeting Small Molecules Therapeutics market is segmented -
• By Offering: mRNA (Messenger Ribonucleic Acid) Translation Modulators, RNA (Ribonucleic Acid) Splicing Modification, Direct RNA (Ribonucleic Acid) Targeting, Other Offerings
• By Therapeutic Indication: Lung Fibrosis, Cancer, Neurodegenerative Diseases, Autoimmune, Inflammatory, Other Therapeutic Indications
• By Application: Drug Discovery, Oncology Research, Disease Identification
• By End User: Hospitals, Research Laboratories, Pharmaceutical And Biotechnology Companies, 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 RNA Targeting Small Molecules Therapeutics market.
The Business Research Company's "Global RNA Targeting Small Molecules Therapeutics 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 RNA Targeting Small Molecules Therapeutics Market Include:
1. Executive Summary
2. RNA Targeting Small Molecules Therapeutics Market Characteristics
3. RNA Targeting Small Molecules Therapeutics Market Trends And Strategies
4. RNA Targeting Small Molecules Therapeutics Market - Macro Economic Scenario
5. Global RNA Targeting Small Molecules Therapeutics Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………………….
32. Global RNA Targeting Small Molecules Therapeutics Market Competitive Benchmarking
33. Global RNA Targeting Small Molecules Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The RNA Targeting Small Molecules Therapeutics Market
35. RNA Targeting Small Molecules Therapeutics Market Future Outlook and Potential Analysis
36. Appendix
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