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Strategic Forecast for the Aptamers Industry: Market Outlook 2025-2034
Aptamers
Aptamers Market Size Growth Forecast: What to Expect by 2025?
Recently, there has been an exponential growth in the aptamers market, which is projected to expand from $2.65 billion in 2024 to $3.25 billion in 2025, experiencing a compound annual growth rate (CAGR) of 22.6%. The notable growth in the past years can be credited to the demand for high-specificity binders, their therapeutic potential, increase in personalized medicine, their applicability in various therapeutic areas, their potential as antibody alternatives, and their use in diagnostic point-of-care (POC) devices.
How Will the Aptamers Market Size Evolve and Grow by 2029?
The market size for aptamers is projected to experience a drastic increase in the coming few years, ultimately reaching a value of "$7.87 billion in 2029" with a year-on-year growth rate of 24.7% compounded annually. This surge over the forecast period is mainly due to increased spending in life sciences, wider scope in drug progression, advancements in cancer study, swift detection in emergency instances, bettered methods of selecting aptamers, and regulatory backing. Other noticeable trends over this period encompass progress in selex technological applications, an upswing in its diagnostic functionalities, more capital devoted to aptamer research, a merger with nanotechnology, and efforts towards improving awareness and education.
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What Drivers Are Propelling the Growth of Aptamers Market Forward?
The aptamers market's expansion is anticipated to be fueled by the growing incidence of chronic respiratory illnesses. Chronic respiratory disease is characterized by the narrowing and inflammation of the airways, often resulting in extra mucus. This can lead to difficulty breathing, coughing, shortness of breath, and wheezing during exhalation. Aptamers are crucial in detecting the respiratory syncytial virus (RSV), enabling early disease identification and treatment. For example, the Australian Institute of Health and Welfare reported in June 2024 that COPD made up 3.6% of the total disease burden and half of the respiratory-related disease burden in 2023. In 2022, COPD was attributed to 7,691 deaths, equivalent to 29.6 per 100,000 population, or 4.0% of all deaths in Australia. As a result, the escalating incidence of chronic respiratory ailments is propelling the aptamers market's growth.
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What Are the Key Trends Driving Aptamers Market Growth?
Advancements in technology have become prevalent trends in the aptamers market. To maintain their standing in the market, corporations are incorporating emerging technologies, such as artificial DNA aptamers, made using adaptable and seamless strategies. The FDA, for example, approved Izervay, a treatment for geographic atrophy due to age-related macular degeneration, in August 2023. Izervay serves as a novel approach for addressing the advancement of geographic atrophy, giving patients with this severe type of macular degeneration a new lease of hope. This treatment is designed to halt the retinal cell degeneration linked to the illness, signifying a pivotal breakthrough in vision care.
What Are the Key Segments in the Aptamers Market?
The aptamers market covered in this report is segmented -
1) By Type: DNA Aptamers, XNA Aptamers, RNA Aptamers
2) By Technology: SELEX, X Aptamer, Maras Technique
3) By Application: Therapeutics Development, Research and Development, Diagnostic, Other Applications
4) By End User: Pharmaceutical And Biotechnology Companies, Academic And Government Research Institutes, Cathode-Ray Oscilloscope, Other End Users
Subsegments:
1) By DNA Aptamers: Single-Stranded DNA (ssDNA) Aptamers, Double-Stranded DNA (dsDNA) Aptamers
2) By XNA Aptamers: Peptide Nucleic Acid (PNA) Aptamers, Locked Nucleic Acid (LNA) Aptamers, Glycyl Nucleic Acid (GNA) Aptamers
3) By RNA Aptamers: Small Interfering RNA (siRNA) Aptamers, Short Hairpin RNA (shRNA) Aptamers, Long Non-Coding RNA (lncRNA) Aptamers
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Who Are the Key Players Shaping the Aptamers Market's Competitive Landscape?
Major companies operating in the aptamers market are Aptamer Group Limited, SomaLogic Inc., Aptamer Sciences Inc., Aptagen LLC, NeoVentures Biotechnology Inc., Aptus Biotech, Base Pair Biotechnologies Inc., AMS Biotechnology Ltd., Vivonics Inc., TriLink Biotechnologies LLC, Noxxon Pharma SE, AM Biotechnologies LLC, Raptamer Discovery Group, Kaneka Corporation, Novaptech Inc., Maravai Lifesciences Inc., Bio-Techne Corporation, Creative Biolabs Inc., IBA Lifesciences GmbH, Aptabharat Innovations Pvt. Ltd., Profacgen Biotech Inc., Medi GmbH & Co. KG, Pure Biologics Sp. z o.o., Oak BioSciences Inc., Ophthotech Corporation, Novartis AG, NeoNeuro SAS, CAGE Bio Inc., TAGCyx Biotechnologies Inc., AstraZeneca PLC, GlyTech Inc., GC Biopharma Corp., Achiko AG, Agilent Technologies Inc., IVERIC bio Inc.
What Geographic Markets Are Powering Growth in the Aptamers Market?
North America was the largest region in the aptamers market in 2024. The regions covered in the aptamers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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