New York, USA, June 22, 2023 (GLOBE NEWSWIRE) -- Aptamers Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Aptamers Market Information by Type, Application, Technology, End Users, Region- Forecast till 2030, the market size is expected to reach USD 10.5 Billion by 2030 at 19.5% CAGR during the forecast period 2022-2030.
Market Scope
Aptamers are peptide compounds with high selectivity for binding to the targeted lipid, protein, or nucleic acid components. These are produced quickly and used in protein inhibition, specific detection, and characterization. Aptamers are peptide substances that bind to the desired lipid, protein, or nucleic acid components with extreme specificity. These are created quickly and are employed in the characterisation, detection, and inhibition of proteins. Aptamers can be used as detection reagents, pharmacological leads, and functional proteomic levels with antibodies, small molecules, and other aptamers.
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Report Scope:
| Report Attribute | Details |
| Market Size in 2030 | USD 10.5 Billion |
| CAGR | 19.5% |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2021 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, Application, Technology and End Users |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Increasing R&D expenditure and constant technological advances |
| Rising number of products under clinical investigation and Growing number of academic research laboratories |
Aptamers Market Competitive Dynamics:
To increase their market share, major players are using tactics such product modification, new product approval, mergers and acquisitions, and regional expansion through product advancements. For instance, Aptamer Group and BaseCure Therapeutics worked together to create Optimer-targeted treatments in January 2023. Such endeavors may pave the way for expanded therapeutic use of aptamers. The market participants are using a range of strategies, including new launches and developments. expansions, partnerships, and collaborations to gain market share.
Some of the prominent players in the market of aptamers include:
- Aptamer Sciences, Inc
- Aptagen LLC
- Base Pair Biotechnologies, Inc
- Ophthotech Corporation
- Am Biotechnologies
- Aptamer Solutions Ltd
- Aptus Biotech S.L
- Neoventures Biotechnology Inc
- Somalogic, Inc
- Trilink Biotechnologies, Inc
- Vivonics, Inc
- Noxxon Pharma
Aptamers Market Trends:
Market Drivers
Aptamers can be modified to have higher specificity and affinity for a variety of targets. Some of the key factors propelling market expansion include advancements in aptamer creation techniques, rising R&D spending, and an increase in the number of companies operating in this sector. Since they are chemically produced, there is no batch-to-batch variation, and development is quicker. The continued development of technology is also expected to support growth.
Many researchers have been interested in aptamers as a result of recent developments in the production, purification, and drug delivery for killing target cells due to the competitive advantages they offer. Small molecular size, low immunogenicity, low production costs, and less side effects compared to antibodies are a few of the benefits; these factors may encourage the R&D of innovative aptamers, leading to market expansion.
Due to their tiny size, high specificity, selectivity, and efficacy, aptamers-based diagnostic devices are the top choice among diagnostic and pathology labs for the identification of disease at the cellular level. As a result, the prevalence of diseases like cancer, CVD, and AMD may rise, increasing the number of patients seeking these diagnoses in labs and, as a result, the need for aptamer-based diagnostic devices.
The many benefits that these small molecules have over well-established antibodies have also increased demand for these compounds in a variety of medical applications. They are produced chemically, therefore there is no batch-to-batch variance and less time is needed for development. Additionally, it is anticipated that ongoing technological development would fuel market expansion.
COVID-19 Analysis
Due to numerous genetic mutations, there are currently no highly effective treatments for COVID-19 infections, despite significant efforts. However, COVID-19 treatment using biotechnological methods seems promising. As a result, aptamers made of nucleic acids and peptides may be useful for treating COVID-19 infection. As a result, the government is launching a number of initiatives to encourage the R&D of cutting-edge COVID-19 treatments.
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Aptamers Market Segmentation
by Type
Significant growth will be seen in nucleic acid aptamers during the review period. Numerous businesses are currently looking at how nucleic acid aptamers work to treat a variety of conditions, including age-related muscle degeneration (AMD).
by Application
Over the projection period, the diagnostics segment is anticipated to experience significant expansion. Rising aptamer demand and expanding research efforts in this area are credited with the segment's expansion. Aptamers are increasingly in demand in the field of research and development. Key parties have engaged in a number of strategic activities, including partnerships, collaborations, and agreements for the R&D of novel aptamer-based diagnostic and therapeutic products.
by Technology
The MARAS approach is anticipated to gain a sizable market share throughout the review period.
by End Users
Over the projection period, the category of biotechnology and pharmaceutical businesses will drive the market.
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Aptamers Market Regional Analysis
Because of its early acceptance of cutting-edge medical technology and substantial investment in and funding for the development of aptamers, North America is expected to hold the biggest market share in the global market for aptamers. The market is also boosted by other factors including the rising demand for aptamer medicines and the expansion of research labs. One of the main reasons for the region's domination is the rising incidence of chronic diseases, the region's robust healthcare system, and the growing interest of research laboratories in the field of aptamers.
The second-largest market share is anticipated to go to the European market. The need for novel and potent therapeutics as well as factors including rising research costs, technological development, declining human health, and these factors all contribute to the market's expansion in this region. Future market expansion is predicted to be supported by the expanding number of small start-up businesses, government organizations, goods now through clinical trials, and academic research facilities examining the potential of aptamers.
In contrast, it is predicted that the market share in the Asia-Pacific region will increase in the near future as a result of increased access to top-notch healthcare facilities and rising demand for expanding government initiatives, cutting-edge technology, greater adoption rates, and rising healthcare costs.
Due to a weak healthcare industry, a lack of technical expertise, and subpar medical facilities, the Middle East & Africa market is anticipated to hold the smallest share of the worldwide aptamers market.
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