The Aptamers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aptamers Global Market Report 2024, The aptamers market size has grown exponentially in recent years. It will grow from $2.16 billion in 2023 to $2.68 billion in 2024 at a compound annual growth rate (CAGR) of 23.8%. The growth in the historic period can be attributed to need for high-specificity binders, therapeutic potential, rise in personalized medicine, potential for therapeutic areas, antibody alternatives, diagnostic point-of-care (poc) devices.
The aptamers market size is expected to see exponential growth in the next few years. It will grow to $6.42 billion in 2028 at a compound annual growth rate (CAGR) of 24.5%. The growth in the forecast period can be attributed to increasing investment in life sciences, expansion in drug development, growth in cancer research, rapid detection in emergency settings, enhanced aptamer selection techniques, regulatory support.. Major trends in the forecast period include advancements in selex technology, increasing applications in diagnostics, investment in aptamer research, technological integration with nanotechnology, awareness and education initiatives.
The increasing prevalence of chronic respiratory diseases is expected to propel the growth of the aptamers market going forward. Chronic respiratory disease is when the airways narrow and swell and may produce extra mucus. It makes breathing challenging and causes coughing, shortness of breath, and wheezing when exhaling. Aptamers help detect the respiratory syncytial virus (RSV), help identify disease early, and provide treatment. For instance, in May 2021, according to a report shared by the Asthma and Allergy Foundation of America, a US-based non-profit organization, the number of Americans who have asthma will be over 25 million. Therefore, the rising prevalence of chronic respiratory diseases is driving the growth of the aptamers market.
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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
Technological innovations are the key trends gaining popularity in the aptamers market. Major companies operating in the market are introducing new technologies, such as artificial DNA aptamers, which are manufactured using adaptable and seamless technology to sustain their position in the market. For instance, in May 2021, NEC Corporation, a Japan-based multinational information technology and electronics corporation, developed artificial DNA aptamers that can bind to the novel coronavirus (SARS-CoV-2). With the help of adaptable and seamless technology, an aptamer can enter the body to target RBD, which is the key to infection and trap the virus by identifying the three-dimensional structure of the receptor-binding domain (RBD), forming a solid bond with it.
The aptamers market report table of contents includes:
1. Executive Summary
2. Aptamers Market Characteristics
3. Aptamers Market Trends And Strategies
4. Aptamers Market – Macro Economic Scenario
5. Global Aptamers Market Size and Growth
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26. South America Aptamers Market
27. Brazil Aptamers Market
28. Middle East Aptamers Market
29. Africa Aptamers Market
30. Aptamers Market Competitive Landscape And Company Profiles
Top Major Players:
- ptamer Group Limited
- SomaLogic Inc
- Aptamer Sciences Inc
- Aptagen LLC
- NeoVentures Biotechnology Inc
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