Press release
Gene Therapy Advancements Drive Growth In In-Vitro Transcription Templates Market: A Key Catalyst Accelerating In-Vitro Transcription Templates Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.In-Vitro Transcription Templates Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for in-vitro transcription templates has seen an exponential increase in the recent past. The projected growth is from $1.01 billion in 2024 to $1.24 billion in 2025, signifying a compound annual growth rate (CAGR) of 22.7%. A surge in chronic disease instances, enhanced investments in healthcare and pharmaceutical sectors' research and development, advancements in gene therapy technology, and increasing collaborations, partnerships and developments in gene therapy are the attributing factors for the historic period growth.
In-Vitro Transcription Templates Market Size Forecast: What's the Projected Valuation by 2029?
The market size for in-vitro transcription templates is predicted to witness a surge in the coming years, expanding up to "$2.73 billion by 2029 with a compound annual growth rate of 21.8%. The uplift in the market during the forecast period can be traced back to factors such as the escalating progression in biotechnology, an amplified focus on research and development activities, increased application of in-vitro transcription templates, the demand for early disease detection, and a rising necessity for mRNA-based vaccines. Leading trends emerging during this prediction span are advancements in RNA synthesis technologies, technological progression, forward movement in biotechnology, innovations in enzymatic synthesis techniques, and the incorporation of automation and digitalization.
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What Are the Drivers Transforming the In-Vitro Transcription Templates Market?
The growth of the in-vitro transcription templates market is projected to be spurred by the escalating emphasis on gene therapy. Gene therapy is a process that amends genes within cells in order to prevent or treat disorders by fixing flawed genes. Technological advancements like CRISPR, considerable funding, and recent successful therapies have heightened interest in this method. In-vitro transcription templates aid in gene therapy as they supply the necessary RNA molecules for mRNA-based therapies, siRNA-based therapies, and gene-editing technologies, thus facilitating the treatment of genetic diseases and disorders. For instance, in March 2024, the US-based Food and Drug Administration (FDA), a federal agency of the Department of Health and Human Services, projected that 36 gene therapies were accepted by the FDA. In addition, they anticipated that another 500 therapies will be in the process with the expectation that 10-20 will be approved on a yearly basis by 2025. Thus, the escalating emphasis on gene therapy is fueling the evolution of the in-vitro transcription templates market.
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Which Fast-Growing Trends Are Poised to Disrupt the In-Vitro Transcription Templates Market?
Leading firms in the in-vitro transcription templates market are innovating self-amplifying RNA synthesis services to boost the performance and potency of RNA-based therapies, cut down production expenses, and better patient results in different therapeutic uses. The technology of self-amplifying RNA synthesis service allows the manufacturing of RNA that can self-replicate within host cells, thereby increasing protein output from minimal RNA input and optimizing the performance and efficacy of RNA-related therapies. For example, in May 2024, US biotech firm GenScript Biotech Corporation unveiled a self-replicating RNA (saRNA) synthesis service, augmenting its in vitro transcription RNA synthesis offerings. This innovative service boosts vaccines, immunotherapies, and gene therapies' potency and efficacy by facilitating robust protein expression from a small RNA quantity. The saRNA platform delivers promises of reduced dosages, decreased manufacturing expenses, and enhanced patient results. With strong backing from broad-based research and development, GenScript's saRNA represents high purity and elevated protein expression, guaranteeing reliable performance.
Which Segments in the In-Vitro Transcription Templates Market Offer the Most Profit Potential?
The in-vitro transcription templates market covered in this report is segmented -
1) By Treatment: Vaccine, Therapeutic
2) By Research Stage: Exploratory, Clinical
3) By Disease: Cancer, Infectious Disease, Lifestyle Disease, Genetic Disease, Other Diseases
4) By End User: Pharmaceutical And Biotechnology Companies, Contract Research Organizations (CROs) And Contract Manufacturing Organizations (CMOs), Academics And Research, Other End Users
Subsegments:
1) By Vaccine: MRNA Vaccines, DNA Vaccines
2) By Therapeutic: Gene Therapy, RNA-Based Therapeutics
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Which Firms Dominate the In-Vitro Transcription Templates Market by Market Share and Revenue in 2025?
Major companies operating in the in-vitro transcription templates market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Eurofins Genomics LLC, Agilent Technologies Inc., Illumina Inc., Bio-Rad Laboratories Inc., Qiagen N.V., Integrated DNA Technologies Inc., Promega Corporation, Genescript Biotech Corporation, Takara Bio Inc., New England Biolabs, OriGene Technologies Inc., Cayman Chemical, Synthego Corporation, Synbio Technologies, Creative Diagnostics, VectorBuilder Inc., Bio-Synthesis Inc., TriLink BioTechnologies, Norgen Biotek Corporation, Genaxxon BioScience GmbH, Enzo Life Sciences Inc., GeneCopoeia
Which Regions Offer the Highest Growth Potential in the In-Vitro Transcription Templates Market?
North America was the largest region in the in-vitro transcription templates market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in-vitro transcription templates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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