The Exosome Research 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 Exosome Research Global Market Report 2024, The exosome research market size has grown exponentially in recent years. It will grow from $210.62 billion in 2023 to $283.43 billion in 2024 at a compound annual growth rate (CAGR) of 34.6%. The growth in the historic period can be attributed to growing understanding of exosome biology, increasing investment in life sciences research, emergence of liquid biopsies, increased focus on personalized medicine, collaborative research initiatives.
The exosome research market size is expected to see exponential growth in the next few years. It will grow to $865.26 billion in 2028 at a compound annual growth rate (CAGR) of 32.2%. The growth in the forecast period can be attributed to clinical translation of exosome-based therapeutics, expansion of liquid biopsy applications, increased industry collaboration in research, rising interest in extracellular vesicles (evs), focus on standardization and quality control. Major trends in the forecast period include clinical applications and therapeutics, technological advancements in isolation and analysis, biomarker discovery and diagnostics, standardization and quality control, collaborations and partnerships.
The increased incidence of chronic medical diseases is expected to propel the growth of the exosome research market going forward. Chronic diseases typically last three months or longer and can deteriorate over time. Cancer, heart disease, stroke, diabetes, and arthritis are among the most common chronic diseases. It has been demonstrated that infections can use exosome release as a means of infection by altering the exosomes produced by the host to avoid detection by the immune system, thus driving demand for exosome research. Exosomes help to treat various diseases such as cancer, neurodegenerative disorders, and inflammatory conditions. For instance, in July 2022, the Centers for Disease Control and Prevention, a US-based national public health agency defined that every 6 out of 10 Americans have chronic diseases, and 4 out of 10 adults are suffering from more than two chronic diseases, like chronic lung cancer, heart disease, stroke, and diabetes. Therefore, the increased incidence of chronic medical diseases will drive the growth of the exosome research market.
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The exosome research market covered in this report is segmented –
1) By Product: Kits And Reagents, Instruments, Other Products
2) By Indication: Cancer, Neurodegenerative Diseases, Cardiovascular Diseases, Infectious Diseases, Other Indications
3) By Application: Biomarkers, Vaccine Development, Tissue Regeneration, Other Applications
4) By End User: Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Hospitals And Clinical Testing Laboratories
Product innovations are a key trend gaining popularity in the exosome research market. Major companies operating in the market are introducing innovative products to grow in the market. For instance, in November 2022, Cell Guidance Systems, a UK-based company, launched instant exosomes and the LipoQ assay. Instant exosomes are a subtype of extracellular vesicles (EV), lipid membrane-enclosed compartments ranging in size from 50 to 1,000 nm in diameter. EVs are released from every cell type and tissue, and their contents are highly diverse. LipoQ is based on the sulfo-phospo-vanillin method, which measures the lipid content of unsaturated fatty acids within a sample.
The exosome research market report table of contents includes:
1. Executive Summary
2. Exosome Research Market Characteristics
3. Exosome Research Market Trends And Strategies
4. Exosome Research Market – Macro Economic Scenario
5. Global Exosome Research Market Size and Growth
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26. South America Exosome Research Market
27. Brazil Exosome Research Market
28. Middle East Exosome Research Market
29. Africa Exosome Research Market
30. Exosome Research Market Competitive Landscape And Company Profiles
Top Major Players:
Thermo Fisher Scientific Inc
System Biosciences LLC
QIAGEN N.V
Exosome Diagnostics Inc
Bio-Techne
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