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Ribose-Nucleic Acid (RNA)-Based Therapeutics Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Ribose-Nucleic Acid (RNA)-Based Therapeutics
What Is the Expected Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Size During the Forecast Period?
The ribose-nucleic acid (RNA)-based therapeutics market has seen robust growth. It will expand from $15.79 billion in 2024 to $17.26 billion in 2025, with a CAGR of 9.3%. The increase is due to rising investments, breakthroughs like RNA interference (RNAi), successful clinical use of antisense oligonucleotides (ASOs), regulatory advancements, and strategic collaborations.
The ribose-nucleic acid (RNA)-based therapeutics market is projected to experience strong growth, reaching $24.26 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth is attributed to the expansion of indications, rising market demand, regulatory support, integration of AI and machine learning, and emerging applications in rare diseases. Key trends include advanced delivery systems, multi-target RNA therapeutics, customized RNA therapies, regulatory advancements, and commercialization.
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What Are the High-Growth Segments in the Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
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, Ophthalmology, Hematological Disorders, Acute Hepatic Porphyria (AHP), Other Therapeutic Areas
4) By End User: Research Institutes, Hospitals And Clinics
Subsegments:
1) By RNA Interference (RNAi): Small Interfering RNA (siRNA), MicroRNA (miRNA)
2) By RNA Antisense: Antisense Oligonucleotides (ASOs), Antisense RNA
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What Key Drivers Are Expected to Influence Future Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Growth?
The increasing occurrence of cancer is expected to support growth in the ribose-nucleic acid (RNA)-based therapeutics market. Cancer involves the uncontrolled division of abnormal cells and is rising due to aging, lifestyle factors, and improved diagnostics. RNA-based therapies target genetic mechanisms at the molecular level for effective treatment. According to the Australian Institute of Health and Welfare in August 2023, around 151,000 cancer cases were diagnosed in 2021, with projections rising to 185,000 by 2030. Thus, cancer prevalence is propelling this therapeutics market.
Which Companies Hold the Largest Share Across Different Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Segments?
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
What Are the Major Trends Shaping the Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
Leading companies in the RNA-based therapeutics market are developing new solutions such as mRNA-based booster vaccines to improve immunization effectiveness, address emerging viral variants, and enhance the longevity of vaccine-induced immunity. For example, in June 2023, India's Gennova Biopharmaceuticals Ltd. launched GEMCOVAC-OM, the first mRNA booster vaccine in India designed to target the Omicron variant of COVID-19. This booster aims to enhance immunity and offer better protection against the Omicron variant.
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What Are the Emerging Geographies for The Ribose-Nucleic Acid (RNA)-Based Therapeutics Market Growth?
North America was the largest region in the ribose-nucleic acid (RNA)-based therapeutics market in 2024. The regions covered in the ribose-nucleic acid (RNA)-based therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
2. What is the CAGR expected in the Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
3. What Are the Key Innovations Transforming the Ribose-Nucleic Acid (RNA)-Based Therapeutics Industry?
4. Which Region Is Leading the Ribose-Nucleic Acid (RNA)-Based Therapeutics Market?
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