RNAI Technology Market Globally Expected to Drive Growth through 2010-2017
This report is a discussion of the overall landscape of the RNAi technologies market, focusing on the competitive and regulatory environment, the value chain, and the bargaining power of key stakeholders.
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Overview : RNAi is a mechanism of gene regulation, and an important pathway that is used by many different organisms. Entities in the biotechnology and pharmaceutical world are taking an active interest in RNAi technology, as it is poised to substitute the existing recombinant technology in therapeutics and drug discovery.
The RNAi technologies market is witnessing numerous applications in agriculture, drug discovery, therapeutics, and medical research – specifically metabolism and functional genomics. Within the RNAi technology market, the therapeutics application segment can be further categorized as: neurology, oncology, ophthalmology, cardiology, and metabolic disorders. Based on the tools and products used for realizing Ribonucleic Acid Interference applications, the market can be classified into: libraries, software and vectors. Based on its type, RNAi technology can also be categorized as small interfering RNAi and micro RNAi.
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The prospects look promising for the RNAi technologies market, especially given the anticipated double digit growth. As the market for Ribonucleic Acid Interference technologies develops, it could outperform current post-genomic-era technologies such as Recombinant DNA
Several key market players—duly backed by venture capitalists and investors—have made massive investments in applying RNAi technologies in developing oligonucleotide drugs. This industry has been a field not just for research and development, but also for numerous mergers and takeovers. Specialty companies are rapidly emerging in the RNAi technologies market, and will likely shape the future of this sector in the coming years. Among pharma giants that are looking for ways to fill their weak pipelines, many consider RNAi-based drugs as a lucrative solution for the same. Given that the RNAi technologies market is still at a nascent stage, companies are keen on earning an early-movers’ advantage.
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