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Lipid-Nanoparticle Based Genomic Medicines Market Delivering the Future Poised for Explosive Growth 2024-2031
Lipid-Nanoparticle Based Genomic Medicines Market worth $17.5 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Lipid-Nanoparticle Based Genomic Medicines Market - (By Type (Liposome-based Nanoparticles, Micelle-based Nanoparticles, Lipid-Coated Nanoparticles), By Application (Cancer Treatment, Infectious Diseases,
Genetic Disorders, Cardiovascular Diseases, Others), By Therapeutic Payload (mRNA-based Therapeutics, siRNA-based Therapeutics, miRNA-based Therapeutics, Other Genomic Medicines), By End-User (Hospitals, Biopharmaceutical Companies, Research Institutes, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Lipid-Nanoparticle Based Genomic Medicines Market is valued at US$ 17.47 Bn in 2023, and it is expected to reach US$ 32.49 Bn by 2031, with a CAGR of 8.20% during the forecast period of 2024-2031.
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Lipid-nanoparticle (LNP) based genomic treatments are a novel technique for genetic therapy and drug delivery. These medications use liposome delivery polymers (LNPs) to transfer nucleic acids, including DNA or RNA (including mRNA), into cells to treat genetic disorders. This technology has garnered much attention, mainly because of its role in producing COVID-19 mRNA vaccines, even if its promise extends far beyond the creation of immunizations.
In recent years, lipid nanoparticles, or LNPs, have become increasingly prominent as a technological platform. Thanks to an LNP delivery mechanism, it is estimated that over two billion people have benefited from a COVID-19 mRNA immunization or booster over time. This is the most widespread application of LNP technology in the biopharmaceutical business, despite decades of research on LNPs as delivery systems.
List of Prominent Players in the Lipid-Nanoparticle-Based Genomic Medicines Market:
• Genevant Sciences
• Roche Holding AG
• Alnylam Pharmaceuticals Inc.
• SiO2 Materials Science
• Ethris GmbH
• BIOVECTRA
• Avanti Polar Lipids, Inc. (Croda International Plc.),
• Recipharm AB
• eTheRNA
• ST Pharm Co Ltd,
• Others
• Moderna Inc.
• Pfizer Inc.
• BioNTech SE
• Arbutus Biopharma Corporation
• Arrowhead Pharmaceuticals Inc.
• CureVac N.V.
• Lipocalyx
• Acuitas Therapeutics
• Precision NanoSystems Inc.
• IONTAS Limited
Lipid-Nanoparticle-Based Genomic Medicines Market Report Scope:
Report Attribute Specifications
Market Size Value In 2023 USD 17.47 Bn
Revenue Forecast In 2031 USD 32.49 Bn
Growth Rate CAGR CAGR of 8.20% from 2024 to 2031
Quantitative Units Representation of revenue in US$ Million and CAGR from 2024 to 2031
Historic Year 2019 to 2023
Forecast Year 2024-2031
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Type, Application, Therapeutic Payload and End-User
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle
East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea
Market Dynamics: -
Drivers-
Nanotechnology advancements are one of the primary drivers. The development of accurate and effective delivery methods for genetic therapeutics is fueled by ongoing advancements in nanotechnology, particularly lipid-based nanoparticles, which increase the therapeutic efficiency of these drugs. Expansion of genomic medications, particularly mRNA-based therapeutics, for a range of illnesses, such as genetic disorders, cancer, and infectious diseases, is another motivator.
This increases the need for delivery systems for lipid nanoparticles. The use of cancer applications is another motivator. The administration of anticancer drugs is being researched with LNP. They can be used to reduce side effects and improve the efficacy of cancer therapies because of their capacity to summarise hydrophobic medications and identify certain cells.
Challenges-
Market access for lipid-nanoparticle-based genetic therapeutics may be impacted by strict regulatory requirements and the unpredictability of regulatory processes. Regulators, patients, and healthcare professionals may become less trusting of lipid-nanoparticle delivery methods or genetic therapies as a result of unanticipated hazards and unintended side effects.
Patents are difficult for businesses to defend, and legal disputes can make it difficult for them to enter new markets or discover new products. A financial hurdle for lipid-nanoparticle-based genetic therapeutics is their high cost of research, development, and manufacturing.
Regional Trends:
The market for lipid-nanoparticle-based genomic medicines is dominated by North America worldwide. This considerable market share is fueled by the region's sophisticated healthcare system and a strong concentration of significant pharmaceutical and biotech businesses. Government organisations like the National Institutes of Health (NIH) play a major part in the cutting-edge research and development that the North American market invests in, further solidifying its dominance in this area.
The creation of innovative LNP-based treatments, notably in the fields of gene therapy and mRNA vaccine technology, has resulted from this emphasis on innovation. In addition, the high prevalence of chronic illnesses in the area calls for sophisticated medication delivery methods, one of which is LNPs. The majority of businesses that provide services for producing lipid nanoparticles are based in North America, with European businesses coming in second.
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Recent Development-
• In August 2023, Avanti Polar Lipids and Bioz teamed together to find pertinent product and method knowledge to support effective research and development of innovative lipid-based products.
• In July 2023, McGill University entered into a partnership with ModernaTX to evaluate the characteristics (including size and payload distribution) of LNPs; the outcome of the project is likely to support in the optimization of LNP manufacturing process and serve as a quality check during the manufacturing of mRNA-based therapeutics.
Segmentation of Lipid-Nanoparticle-Based Genomic Medicines Market-
By Type-
• Liposome-based Nanoparticles
• Micelle-based Nanoparticles
• Lipid-Coated Nanoparticles
By Application-
• Cancer Treatment
• Infectious Diseases
• Genetic Disorders
• Cardiovascular Diseases
• Others
By Therapeutic Payload-
• mRNA-based Therapeutics
• siRNA-based Therapeutics
• miRNA-based Therapeutics
• Other Genomic Medicines
By End-User-
• Hospitals
• Biopharmaceutical Companies
• Research Institutes
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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Why should buy this report:
To receive a comprehensive analysis of the prospects for global Lipid-Nanoparticle-Based Genomic Medicines market
To receive industry overview and future trends of global Lipid-Nanoparticle-Based Genomic Medicines market
To analyze the Lipid-Nanoparticle-Based Genomic Medicines market drivers and challenges
To get information on the Lipid-Nanoparticle-Based Genomic Medicines market size value (US$ Mn) forecast till 2031
Major Investments, Mergers & Acquisition in global Lipid-Nanoparticle-Based Genomic Medicines market industry
Other Related Reports Published by InsightAce Analytic:
Personalized Genomics Market
Functional Genomics Market
Lipid Nanoparticles (LNPs) CDMO Market
Lipid Nanoparticle Raw Materials Market
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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