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RNA Editing Market Key Players Analysis- QIAGEN N.V., UniquQuire NV, LAVA Therapeutics N.V., argenx SE, Arrowhead Pharmaceuticals, Inc.

02-13-2025 09:16 AM CET | Health & Medicine

Press release from: Insightace Analytic Pvt Ltd.

RNA Editing Market

RNA Editing Market

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " RNA Editing Market - (By Type of RNA (Messenger RNA Modifications, Transfer RNA Modification, Ribosomal RNA Modification), By Application (Cancer, Genetic Disorders, Temporary Maladies), By Technique (Insertion/Deletion, Deamination), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the RNA Editing Market is valued at US$ 15.2 Bn in 2023, and it is expected to reach US$ 23.1 Bn by 2031, with a CAGR of 5.60% during the forecast period of 2024-2031.

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RNA Editing is a molecular technique in which some cells can modify specific nucleotide sequences within an RNA molecule. It also involves base substitution, insertion, and deletion of nucleotides inside the RNA molecules. Due to growing concerns over the healthcare sector, the adoption of RNA Editing is expected to increase in the coming years. The increasing number of chronic diseases & disorders are among the other factors expected to boost the growth of the global RNA Editing market. Moreover, advancements in CRISPR-Based RNA editing, the rapid expansion of RNA editing, and high disposable income are factors expected to create capable revenue opportunities for players operating in the global RNA Editing market.

Significant investments by key stakeholders and recent innovations in the production of diverse end-use products have generated profitable revenue prospects for leading producers and providers of RNA Editing. Favourable government initiatives to promote the use of RNA Editing owing to vehicle emissions and other environmental concerns are expected to support the growth of the target market.

List of Prominent Players in the RNA Editing Market:
• QIAGEN N.V.
• ProQR Therapeutics NV
• Sirna Therapeutics, Inc.
• UniqueQuire NV
• LAVA Therapeutics N.V.
• Argenx SE
• Shape Therapeutics, Inc.
• Korro Bio, In.
• Beam Therapeutics, Inc.
• Arrowhead Pharmaceuticals, Inc.

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Market Dynamics:
Drivers-
Growing cases of chronic diseases and disorders, etc., is a key factor estimated to drive the growth of the target market. Increasing demand for RNA editing in the transfer of genome editing applications is another factor expected to contribute significantly to the revenue share in the global RNA editing market. Additionally, the rising demand for RNA Editing therapeutics due to their properties, such as mRNA vaccines, RNA interference therapeutics, RNA editing therapies, and others, is a factor expected to augment the growth of the global RNA Editing market.

Challenges:
The prime challenge is off-target effects and concerns regarding specificity in developing countries, which are predicted to reduce the growth of the RNA editing market. The substantial expense associated with RNA Editing is anticipated to impede the overall expansion of the RNA Editing market in the forthcoming years. Due to the COVID-19 pandemic, the incidence of cases has risen, resulting in a global or partial lockdown to enforce social separation. Recent updates indicate that industries are experiencing unparalleled economic losses owing to interruptions in global supply chains affecting key participants in the global RNA Editing industry. Distributors, suppliers, and retailers own goods but are unable to sell, while manufacturers must halt production to address the shutdown.

Regional Trends:
The North American RNA Editing market is expected to report a prominent market revenue share. It is projected to grow at a high CAGR in the near future. Growing cases of chronic diseases and disorders, rising demand for RNA therapy coupled with increasing R&D activities by prominent players are factors expected to proliferate the growth of the RNA Editing market in the region. Furthermore, Europe possessed a significant market share owing to its advanced economy and increasing product acceptance. This results from the implementation of novel strategies by the key participants in the RNA Editing market. Furthermore, the existence of significant market participants and the growing collaboration among important entities for regional market penetration create opportunities for the expansion of the worldwide RNA Editing market.

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Recent Developments:
• In September 2023, Wave Life Sciences submitted a proposal for a clinical trial for WVE-006, their RNA editing candidate. Dosing for the experiment has started in the U.K. after approval. This remarkable advancement in the industry represents the first time an RNA Editing candidate has advanced to clinical trials.

Segmentation of RNA Editing Market-
By Type of RNA
• Messenger RNA Modifications
• Transfer RNA Modification
• Ribosomal RNA Modification
By Application-
• Cancer
• Genetic Disorders
• Temporary Maladies
By Technique-
• Insertion/Deletion
• Deamination
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
• South East 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

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.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

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