Press release
Aptamers Market Outlook 2024: Exclusive Report By The Business Research Company
Aptamers Market
The Business Research Company offers in-depth market insights through Aptamers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The aptamers market size has grown exponentially in recent years. It will grow from $2.16 billion in 2023 to $2.68 billion in 2024 at a compound annual growth rate (CAGR) of 23.8%. The growth in the historic period can be attributed to need for high-specificity binders, therapeutic potential, rise in personalized medicine, potential for therapeutic areas, antibody alternatives, diagnostic point-of-care (poc) devices..
The aptamers market size is expected to see exponential growth in the next few years. It will grow to $6.42 billion in 2028 at a compound annual growth rate (CAGR) of 24.5%. The growth in the forecast period can be attributed to increasing investment in life sciences, expansion in drug development, growth in cancer research, rapid detection in emergency settings, enhanced aptamer selection techniques, regulatory support.. Major trends in the forecast period include advancements in selex technology, increasing applications in diagnostics, investment in aptamer research, technological integration with nanotechnology, awareness and education initiatives..
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Market Segmentation:
The aptamers market covered in this report is segmented -
1) By Type: DNA Aptamers, XNA Aptamers, RNA Aptamers
2) By Technology: SELEX, X Aptamer, Maras Technique
3) By Application: Therapeutics Development, Research and Development, Diagnostic, Other Applications
4) By End User: Pharmaceutical and Biotechnology Companies, Academic and Government Research Institutes, Cathode-Ray Oscilloscope, Other End Users
Major Driver - Growing Prevalence Of Chronic Respiratory Diseases Boosts Aptamers Market
The increasing prevalence of chronic respiratory diseases is expected to propel the growth of the aptamers market going forward. Chronic respiratory disease is when the airways narrow and swell and may produce extra mucus. It makes breathing challenging and causes 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, 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. Therefore, the rising prevalence of chronic respiratory diseases is driving the growth of the aptamers market.
Competitive Landscape:
Major companies operating in the aptamers market report are Aptamer Group Limited, SomaLogic Inc., Aptamer Sciences Inc., Aptagen LLC, NeoVentures Biotechnology Inc., Aptus Biotech, Base Pair Biotechnologies Inc., AMS Biotechnology Ltd., Vivonics Inc., TriLink Biotechnologies LLC, Noxxon Pharma SE, AM Biotechnologies LLC, Raptamer Discovery Group, Kaneka Corporation, Novaptech Inc., Maravai Lifesciences Inc., Bio-Techne Corporation, Creative Biolabs Inc., IBA Lifesciences GmbH, Aptabharat Innovations Pvt. Ltd., Profacgen Biotech Inc., Medi GmbH & Co. KG, Pure Biologics Sp. z o.o., Oak BioSciences Inc., Ophthotech Corporation, Novartis AG, NeoNeuro SAS, CAGE Bio Inc., TAGCyx Biotechnologies Inc., AstraZeneca plc, GlyTech Inc., GC Biopharma Corp., Achiko AG, Agilent Technologies Inc., IVERIC bio Inc.
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Top Trend - Technological Innovations Drive Advancements In The Aptamers Market
Technological innovations are the key trends gaining popularity in the aptamers market. 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.
The Table Of Content For The Market Report 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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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