Press release
Oligonucleotide Therapy Market Trends, Share, Demand, and Forecast Report 2023-2030
The phrase "oligonucleotide therapy" refers to a group of state-of-the-art molecular-targeting therapies that employ synthetic oligonucleotides with potential for selectivity and single-stranded DNA (DNA) or RNA (RNA) backbones. For most uses, oligonucleotides are designed to base-pair with a strand of DNA or RNA. The most common use of oligonucleotides is in PCR primers (polymerase chain reaction)
Aptamers and antisense oligonucleotides are the primary forms of oligonucleotide treatment. Synthetic DNA oligomers known as antisense oligonucleotides (AS ONs) hybridize to target RNA in a way that is specific to a particular sequence.They have been effective in controlling the expression of genes, altering the splicing of precursor messenger RNA, and deactivating microRNAs. It is utilized in hospitals and research centers for a variety of conditions, including oncology, infectious diseases, neurological disorders, cardiovascular diseases, and kidney ailments.
Oligonucleotide Therapy Market Size and Growth Analysis
Oligonucleotide Therapy Market size was valued at USD 4,207.20 million in 2021 and is estimated to reach at a compound annual growth rate (CAGR) of 15.80% over the forecast period 2023-2030.
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Oligonucleotide Therapy Market Dynamics and Trends
The Journal of Biological Chemistry claims that antisense technology is making an effort to live up to the technology's lofty expectations. Now, ten RNA-targeted medications are authorized for use in commerce, comprising two double-strand ASOs (siRNAs) and eight single-strand ASOs (ASOs). The phase 2/3 studies' ASOs are novel, administered through several routes, and targeted at both common and uncommon disorders.
Cardiovascular outcome studies use two ASOs, while large-scale trials use many ASOs. The technique is still gaining popularity, and a large number of reviews have been published in the sector. Based on the aforementioned comments, it can be inferred that the expansion of the antisense technology market will be driven by technical improvements.
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Oligonucleotide Therapy Market Segmentation Analysis
By Type
By Application
By End User
By Region
Major Companies Covered
Sarepta Therapeutics, Pfizer Inc., InteRNA Technologies B.V., Santaris, Akcea Therapeutics, Miragen Therapeuutics Inc., Alnylam Pharmaceuticals Inc., Biogen Inc., Ionis Pharmaceuticals Inc.
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