Press release
Exosome Research Market Top Companies Study - Thermo Fisher Scientific, System Biosciences, Bio-Techne, Lonza, QIAGEN.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Exosome Research Market Size, Share & Trends Analysis Report By Products & Services (Kits And Reagents, Instruments And Services), Disease Indications (Cancer, Neurodegenerative Diseases, Cardiovascular Diseases, And Infectious Diseases), Applications (Biomarkers, Vaccine Development, Tissue Regeneration ) And End Users (Academic & Research Institutes, Pharmaceutical And Biotechnology Companies, Hospitals & Clinical Testing Laboratories)- Market Outlook And Industry Analysis 2031"The global exosome research market is estimated to reach over USD 3020.33 million by 2031, exhibiting a CAGR of 34.72% during the forecast period.
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Several factors, such as an increasing number of cases of cancer, important scientific advancements in exosome technology and research, effective technology for the separation, characterization, and component identification of exosomes, and an increase in clinical studies and research in exosome-based research, are all contributing to the market's rapid revenue growth.
Furthermore, research and development spending on nanovesicles, crucial for cell interactions, is predicted to increase significantly. More and more exosomes are being produced for the treatment and diagnosis of disease as the importance of exosome involvement in pathophysiological disease pathways has been revealed. Additionally, the increase in complex exosome applications, advancements in exosome separation and analysis methods, and escalating cancer incidence rates drive the market's expansion. Many diseases, including COVID-19, can be treated with exosomes as a platform. Exosomes are cell-free remedies for several illnesses as well as tissue regeneration. Numerous pharmaceutical, biopharmaceutical, and medical device organizations support the developing of new drugs and technologies, another factor driving this market's growth.
List of Prominent Players in the Exosome Research Market:
• Thermo Fisher Scientific
• System Bioscience
• Bio-Techne
• Lonza
• QIAGEN
• ExoDx
• Hitachi Chemical
• Medica
• NanoSomiX
• Malvern Panalytical
• Sistemic Scotland Limited
• NX PharmaGen
• Miltenyi Biotec
• AMS Biotechnology
• Norgen Biotek
• Novus Biologicals
• BioVision
• Pall Corporation
• Exopharm
• EverZom
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Market Dynamics:
Drivers-
The frequency and prevalence of cancer, as well as other auto-immune illnesses, are on the rise. The top market players concentrate on service launches and approvals currently. The expanding need for exosome research product testing is also a result of increased financial support for pharmaceutical R&D and life sciences research. Furthermore, cancer incidence inspires researchers to conduct more studies, and biomarkers are useful in identifying cancer. The market is growing as a result. In conclusion, the growing prevalence of chronic illnesses like cardiovascular disease, neurological disorders, and other chronic diseases has increased the demand for different pharmaceuticals.
Challenges:
Professionals quickly adopt new techniques and methodologies. In addition to making mistakes in producing exosomes, scientists have other difficulties when conducting exosome research, development, and manufacturing activities. The manufacturing of natural and hybrid exosomes and safety standards would be hampered by the exosomes' lack of identification and safety. Therefore, it is anticipated that the absence of authentication requirements for exosome isolation and the lack of the typical protocols for exosome development will limit the market for exosome research products. Therefore, the exosome research goods market is anticipated to face challenges from various exosome side effects for its diagnostic, pricing, and convenience difficulties.
Regional Trends:
The North America exosome research market is expected to register a major market share. Thanks to its first-rate healthcare system, strong government oversight, many multinational corporations, and high public knowledge about investigations and care. According to numerous government-funded trials, exosome-based medicines have been used to treat several cancers, including melanoma, breast, lung, and pancreatic cancer.
Besides, Asia Pacific had a considerable market share due to the developed economy and growing product adoption because of the enormous capabilities described in developing economies like China and India. Because of the government's ongoing backing, which is expected to accelerate the development of the Asia Pacific market, firms have established effective approaches for research and development in this field. This is due to the adoption of different methods by the major players in the exosome research market. Moreover, the existence of key market players and increasing collaboration among major players for market penetration in the region provides the opportunity to grow the global Exosome Research market.
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Recent Developments:
• The US (FDA) approved a protocol amendment for an ongoing clinical trial of Aethlon Hemopurifier for patients with severe COVID-19 in July 2022, according to an announcement made by Aethlon Medical, Inc., a medical therapy company focused on developing products for the diagnosis and treatment of cancer and life-threatening infectious diseases.
• ExoDX introduced the ExoDx Prostate Test Home Collection Kit in April 2020 for individuals concerned about prostate health. For doctors and their patients who share the frustration, anxiety, and dread of the patient with advanced prostate cancer, the home collection kit offers an immediate and affordable alternative that permits a telemedicine/telehealth option.
Segmentation of Exosome Research Market-
By Product-
• Kits and Reagents
o Antibodies
o Isolation, Purification, Quantitation Kits & Reagents
o Other Kits & Reagents
• Instruments
• Services
By Indication-
• Cancer
o Lung Cancer
o Breast Cancer
o Prostate Cancer
o Colorectal Cancer
o Other Cancers
• Neurodegenerative diseases
• Cardiovascular diseases
• Infectious diseases
• Others
By Applications
• Biomarkers
• Vaccine Development
• Tissue Regeneration
• Other Applications
By End Users
• Academic & Research Institutes
• Pharmaceutical and Biotechnology Company
• Hospitals & Clinical Testing Laboratories,
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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About Us:
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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