Aptamers Are Fastest Growing Segment Fueling The Growth Of The Global Aptamers Market

https://www.coherentmarketinsights.com/market-insight/aptamers-market-774
Aptamers Market



Market Overview:

Aptamers are short, single-stranded DNA or RNA ligands that can bind to and modulate the activity of target molecules ranging from small chemicals to biological macromolecules and cells. They are typically produced through an in vitro selection process called SELEX. Aptamers offer advantages over antibodies as they are chemically synthesized and exhibit high binding affinity and specificity.

Market key trends:
Growing research and development activities in aptamer-based technologies is expected to drive the aptamers market growth over the forecast period. For instance, aptamers have applications not only as affinity reagents and diagnostics but also as therapeutic agents. Nucleic acid aptamers can bind specifically and with high affinity to various molecular targets and are considered alternatives to monoclonal antibodies. They offer advantages of smaller size, easy modification, non-immunogenicity, high stability and relatively low production costs.

The global Aptamers Market Share is estimated to be valued at US$ 6265.49 Mn in 2023 and is expected to exhibit a CAGR of 18.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights

Segment Analysis
The global aptamers market is segmented on the basis of type, technology, application, and end user. Based on type, the market is segmented into DNA-based aptamers, RNA-based aptamers, and XNA-based aptamers. The RNA-based aptamers segment currently dominates the market as RNA aptamers exhibit high affinity and specificity for target molecules. Based on technology, the market is classified into SELEX, X-aptamer technology, MODIFYing immobilization SELEX (MODASELEX), and others. SELEX technology holds the largest share as it is the gold standard technique for aptamer generation and selection.

Key Takeaways
The global aptamers market is expected to witness high growth, exhibiting CAGR of 18% over the forecast period, due to increasing R&D investments for development of aptamer-based therapeutics. Regionally, North America is expected to dominate the global market over the forecast period. This is owing to presence of major market players and technological advancements in the region. Key players operating in the aptamers market are Ophthotech Corporation, Aptamer Sciences, Inc., Novartis AG, NeoNeuro SAS, Aptus Biotech S.L., AM Biotechnologies, LLC, Base Pair Biotechnologies, Vivonics Inc., CAGE Bio Inc., TAGCyx Biotechnologies Inc., AstraZeneca, GlyTech, Inc., GC Biopharma Corp., Achiko AG, Agilent Technologies, Inc., SomaLogic Operating Co., Inc., Amsbio, and IVERIC bio, Inc.

The global aptamers market size is expected to reach USD 6265.49 Mn by 2023. Regionally, North America is expected to grow at the highest CAGR during the forecast period due to rising healthcare expenditure and presence of major market players in the region. Europe is also expected to show considerable growth owing to the increased R&D funding for development of aptamer-based therapeutics.

Key players operating in the aptamers market include Ophthotech Corporation, Aptamer Sciences, Inc., Novartis AG, NeoNeuro SAS, Aptus Biotech S.L., AM Biotechnologies, LLC, Base Pair Biotechnologies, Vivonics Inc., CAGE Bio Inc., TAGCyx Biotechnologies Inc., AstraZeneca, GlyTech, Inc., GC Biopharma Corp., Achiko AG, Agilent Technologies, Inc., SomaLogic Operating Co., Inc., Amsbio, and IVERIC bio, Inc. Major players are focusing on new product launches, collaborations and mergers & acquisitions to gain market share.




Comments

Post a Comment

Popular posts from this blog

Global Fiber Reinforced Concrete Market Opportunity Analysis and Industry Forecast 2028

Image
  Fiber Reinforced Concrete Market A rise in commercial construction activity is anticipated to fuel the market as a result of the economy's improved state. The need for more office and storage space has been driven by the expansion of industries like food and consumer goods, which has had a large positive impact on the construction sector and the demand for paving slabs as long-lasting and attractive flooring. With the majority of the actors involved in the production and manufacture of the raw materials used in the production of paving slabs, product makers have a highly integrated supply chain. The majority of market participants also benefit from a robust direct distribution network that facilitates a seamless flow of products and enables them to build a broader customer base. Having a wide range of customizable products is important while making purchases. The global Fiber Reinforced Concrete Market was valued at US$ 2,330.40 Mn in 2020 and is forecast to reach a value of US$
Read more

Augmented Reality Is Fastest Growing Segment Fueling The Growth Of Air Defense Systems Market

Image
Air Defense Systems Market Market Overview: Air defense systems provides protection against cruise, tactical and strategic ballistic missiles, unmanned aerial vehicles, and aircraft. They consist of radar systems, interceptor missiles, command and control systems and fire control systems. Air defense systems help detect incoming enemy planes, and intercept missiles and other threats before they reach their targets using air-to-air, surface-to-air, and man-portable missiles. Market key trends: One of the major trends in the air defense systems market is the increasing adoption of augmented reality and artificial intelligence. Augmented reality offers 3D digital interfaces to air defense operators and commanders and overlays geographical data and combat intelligence information onto real-world combat scenarios. This enhances situation awareness, minimizes fatigue and improves decision-making. It is increasingly being incorporated into command and control systems, fire control radars and
Read more

Agricultural Micronutrients Market Growth Accelerated By Increasing Need For Improved Soil Fertility

Image
Agricultural Micronutrients Market Agricultural micronutrients are essential plant nutrients required in small quantities for healthy plant growth and development. Micronutrients such as iron, zinc, manganese, molybdenum, and boron play vital roles in various metabolic functions of crops such as photosynthesis, nitrogen fixation, and enzyme activity. The increasing need to boost crop yields and improve soil fertility has raised the demand for micronutrient fertilizers globally. The growing population and reducing arable land have fueled the need for sustainable agricultural practices, propelling the micronutrients market. The global Agricultural Micronutrients Market is estimated to be valued at US$ 5.19 Bn in 2024 and is expected to exhibit a CAGR of 27.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of precision farming and digital technologies in the agriculture sector is
Read more