Press release
Nucleic Acid Therapeutics Market Size Will Expected to Reach USD 17.7 Billion by 2034 | TMR Research
Nucleic acid therapeutics represent a transformative class of medical treatments that leverage the biological functions of nucleic acids-DNA, RNA, and their derivatives-to treat diseases at the molecular level. These therapies include gene therapies, RNA interference (RNAi), antisense oligonucleotides (ASOs), and mRNA vaccines. They offer the potential for highly targeted and personalized treatment approaches for a range of conditions, including genetic disorders, cancers, and infectious diseases. The global nucleic acid therapeutics market is expanding rapidly due to advances in biotechnology, increasing investment in research and development, and the success of recent clinical applications.Nucleic Acid Therapeutics Market (핵산 치료제 시장) is expected to grow at a CAGR of 12.6% from 2024 to 2034 and reach US$ 17.7 Bn by the end of 2034
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Overview of Nucleic Acid Therapeutics Market
The global nucleic acid therapeutics market is experiencing robust growth, driven by technological advancements, successful clinical outcomes, and rising demand for novel treatment options. The market is segmented by product type (gene therapies, RNA therapies, antisense oligonucleotides, aptamers, and mRNA therapies), application (genetic disorders, cancer, infectious diseases, and others), end-users (hospitals, academic and research institutes, biotechnology and pharmaceutical companies), and geographical regions.
Top Companies:
Silence Therapeutics
Ionis Pharmaceuticals, Inc.
Novartis AG
Arrowhead Pharmaceuticals
Stoke Therapeutics, Inc.
Moderna, Inc.
Alnylam Pharmaceuticals, Inc.
Biogen Inc.
Wave Life Sciences
Sarepta Therapeutics, Inc.
Recent Developments in Nucleic Acid Therapeutics Market
Recent advancements and trends in the nucleic acid therapeutics market include:
mRNA Vaccines: The success of mRNA vaccines, particularly during the COVID-19 pandemic, has accelerated interest and investment in nucleic acid-based vaccines for other infectious diseases and cancers.
CRISPR and Gene Editing: Advances in CRISPR-Cas9 and other gene-editing technologies are enabling precise modifications of genetic material, offering potential cures for genetic disorders and cancers.
RNA Interference (RNAi): Progress in RNAi technologies has led to the development of effective therapies for conditions such as hereditary transthyretin amyloidosis and acute hepatic porphyria.
Antisense Oligonucleotides (ASOs): ASOs are being increasingly used to modulate gene expression, with successful therapies for spinal muscular atrophy (SMA) and Duchenne muscular dystrophy (DMD).
Nanoparticle Delivery Systems: Advances in nanoparticle-based delivery systems are improving the stability, targeting, and efficacy of nucleic acid therapeutics.
Drivers of Market Growth
Several factors contribute to the growth of the nucleic acid therapeutics market:
Technological Advancements: Continuous innovations in nucleic acid synthesis, gene editing, and delivery technologies are driving market growth.
Successful Clinical Applications: Recent successful clinical applications and FDA approvals of nucleic acid therapeutics are boosting market confidence and investment.
Personalized Medicine: The growing emphasis on personalized medicine is driving the demand for nucleic acid therapeutics, which can be tailored to individual genetic profiles.
Rising Incidence of Genetic Disorders and Cancers: Increasing prevalence of genetic disorders and cancers is necessitating the development of novel and effective treatment options.
Investment in Research and Development: Significant investments by pharmaceutical and biotechnology companies in R&D are propelling the advancement and commercialization of nucleic acid therapeutics.
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Conclusion
The nucleic acid therapeutics market is poised for significant growth, driven by technological advancements, successful clinical applications, and increasing demand for personalized medicine. Innovations in mRNA vaccines, gene editing, RNA interference, antisense oligonucleotides, and nanoparticle delivery systems are enhancing the efficacy and applicability of nucleic acid therapies.
Market Segmentation:
Product Type
RNA interference (RNAi) and Short Interfering RNAs
Antisense Oligonucleotides (ASOs)
Others
Application
Autoimmune Disorders
Infectious Diseases
Genetic Disorders
Cancer
Others
End-user
Hospitals
Specialty Clinics
Others (Research Organizations, etc.)
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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