Press release
Lipid Nanoparticles Market Poised for 16.9 % Growth, Set to Hit $10 Billion by 2029
Lipid Nanoparticles Market Size
The lipid nanoparticles market will grow from $1.04 billion in 2024 to $1.22 billion in 2025, reflecting a CAGR of 17.3%. The growth is attributed to the development of LNP-based drugs, strong investments in research, and increasing healthcare expenditures.
The lipid nanoparticles market will see rapid growth, reaching $2.27 billion by 2029, driven by the rising demand for RNA-based therapeutics, chronic disease prevalence, and personalized medicine. Major trends include advancements in drug delivery systems and AI integration.
What Are the Key Drivers Behind the Growth of the Lipid Nanoparticles Market?
The rising prevalence of chronic diseases is fueling the growth of the lipid nanoparticles (LNPs) market. Chronic diseases are long-term conditions, including diabetes and hypertension, which are becoming more common due to factors like unhealthy lifestyle choices, aging populations, and physical inactivity. Lipid nanoparticles (LNPs) are increasingly used in managing chronic diseases, especially in enhancing the effectiveness of mRNA therapeutics and vaccines. For example, in 2023, the NHS in the UK reported that over half a million additional individuals in England were at risk of developing type 2 diabetes, highlighting a 20% increase in the number of people at risk compared to 2022. Thus, the rising prevalence of chronic diseases is contributing to the growth of the lipid nanoparticle market.
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Who Are the Major Industry Players Fueling Lipid Nanoparticles Market Expansion?
Major companies operating in the lipid nanoparticles (LNPs) market report are Pfizer Inc.; Johnson & Johnson; AbbVie Inc.; Bayer AG; Abbott Laboratories; Amgen Inc; The Merck Group; Evonik Industries AG; BioNTech SE; Moderna Inc.; Sanofi SA; Solid Biosciences Inc.; AstraZeneca PLC; NOF Corporation; Alnylam Pharmaceuticals Inc.; Nanomerics Ltd.; CordenPharma International; Nippon Fine Chemical; Helix Biotech Inc.; Dicerna Pharmaceuticals; Gattefossé SAS; Arbutus Biopharma; Avanti Polar Lipids; IOI Oleo GmbH; Evox Therapeutics Ltd.
What Are the Latest Innovations in the Lipid Nanoparticles Market?
Leading companies in the lipid nanoparticles (LNPs) market are innovating with circular RNA (circRNA) and lipid nanoparticle (LNP) formulations to gain a competitive edge. The growth of circRNA and LNP formulations provides a broader range of RNA formats, including circRNA, which is a single-stranded RNA that forms a covalently closed loop. For instance, in September 2023, GenScript Biotech, a US-based life sciences company, expanded its reagent services to include circRNA and LNP formulations. These new services are part of GenScript's ongoing commitment to providing protein replacement therapies, as well as gene and cell therapy. CircRNA offers several advantages over traditional linear RNA, such as enhanced stability, slower degradation, and the ability to achieve optimal therapeutic protein levels at lower doses.
How Is the Segmentation of the Lipid Nanoparticles Market Defined?
The lipid nanoparticles market covered in this report is segmented -
1) By Type: Nano-Structured Lipid Carriers (NLCs), Solid Lipid Nanoparticles (SLNs), Other Types
2) By Application: Research, Therapeutics
3) By End User: Pharmaceutical And Biotechnology Companies, Academics And Research Centers, Other End Users
Subsegments:
1) By Nano-Structured Lipid Carriers (NLCs): Hard NLCs, Soft NLCs
2) By Solid Lipid Nanoparticles (SLNs): Conventional SLNs, Modified SLNs
3) By Other Types: Lipid-Core Micelles, Liposomes
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What Is the Leading Region in the Lipid Nanoparticles Market?
North America was the largest region in the lipid nanoparticles (LNPs) market in 2024. The regions covered in the lipid nanoparticles (LNPs) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Lipid Nanoparticles Global Market Report?
- Market Size Analysis: Analyze the Lipid Nanoparticles Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Lipid Nanoparticles Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Lipid Nanoparticles Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Lipid Nanoparticles Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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