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Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Size, Share Analysis And Trends By 2033
Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Size
As per the report, the ribose-nucleic acid (RNA)-based therapeutics market size has grown strongly in recent years. It will grow from $14.54 billion in 2023 to $15.79 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The ribose-nucleic acid (RNA)-based therapeutics market size is expected to see strong growth in the next few years. It will grow to $22.30 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
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What Is Driving The Growth Of The Global Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
Increasing Prevalence Of Cancer On The RNA-Based Therapeutics Market
The increasing prevalence of cancer is expected to propel the growth of the ribose-nucleic acid (RNA)-based therapeutics market going forward. Cancer refers to a condition where abnormal cells grow and spread uncontrollably, potentially leading to death if untreated. The prevalence of cancer is due to an aging population, lifestyle changes, greater exposure to risks, and better detection methods. RNA-based therapeutics offer a promising avenue for cancer treatment by directly targeting the genetic and molecular mechanisms of cancer.
What Is The Key Trend In The Global Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
Advancements In RNA-Based Therapeutics With mRNA-Based Vaccines
Major companies operating in the ribose nucleic acid (RNA)-based therapeutics market are focused on developing innovative medication solutions, such as messenger RNA (mRNA)-based booster vaccines, to enhance the effectiveness of immunization, address emerging viral variants, and improve the overall durability of vaccine-induced immunity. An mRNA-based booster vaccine uses messenger RNA to prompt cells to create a protein that enhances the body's immune response against a particular pathogen.
How Is The Global Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Segmented?
The ribose-nucleic acid (RNA)-based therapeutics market covered in this report is segmented -
1) By Type: RNA Interference (RNAi), RNA Antisense
2) By Technology: Enabling Technology, Enabled Technology
3) By Therapeutic Area: Oncology, Genetic Disorder, Opthalmology, Hematological Disorders, Acute Hepatic Porphyria (AHP), Other Therapeutic Areas
4) By End User: Research Institutes, Hospitals And Clinics
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How Is The Competitive Landscape Of The Global Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
Major companies operating in the ribose-nucleic acid (RNA)-based therapeutics market are F. Hoffmann-La Roche AG, Eli Lilly and Company, Novo Nordisk A/S, Regeneron Pharmaceuticals, Biogen Inc., Houston Methodist Hospital, BioNTech, University of Oxford, Alnylam Pharmaceuticals, Sarepta Therapeutics, Flagship Pioneering, Ionis Pharmaceuticals, Akcea Therapeutics Inc, Arrowhead Pharmaceuticals, Dicerna Pharmaceuticals, Wave Life Sciences, Pharmaceutical Technology, Quark Pharmaceuticals, Tekmira Pharmaceuticals, ReCode Therapeutics, Arbutus Biopharma Corporation, Benitec Biopharma Inc., Olix Pharmaceuticals, Alltrna Inc., Orbital Therapeutics
Contents Of The Global Ribose-Nucleic Acid (RNA)-Based Therapeutics Market
1. Executive Summary
2. Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Report Structure
3. Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Trends And Strategies
4. Ribose-Nucleic Acid (RNA)-Based Therapeutics Market - Macro Economic Scenario
5. Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Size And Growth
…..
27. Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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