Understand How The Aptamers Market Is Poised To Grow Through 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Aptamers Global Market Report 2023, the aptamers market is expected to show significant growth in the forecast period.
Key insights from the aptamers market forecast include:
- Market Size
The global aptamers market is expected to grow from $1.75 billion in 2022 to $2.16 billion in 2023 at a compound annual growth rate (CAGR) of 23.6%. The aptamers market is expected to grow to $4.98 billion in 2027 at a CAGR of 23.2%.
- Major Driver
The rising frequency of chronic respiratory disorders is likely to drive the aptamers industry forward. For example, according to the Centres for Disease Control and Prevention (CDC), a US-based public health institution, 8.4% of persons over the age of 18 and 5.8% of children in the US had asthma in 2020. Furthermore, according to a report released by the Asthma and Allergy Foundation of America, a non-profit organisation based in the United States, the number of Americans suffering from asthma will exceed 25 million by May 2021. As a result, the increased frequency of chronic respiratory disorders is propelling the aptamers market forward.
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- Key Trend
The primary trends gaining traction in the aptamers industry are technological breakthroughs. To maintain their market position, major players are offering new technologies, such as artificial DNA aptamers, which are made utilising flexible and seamless technology. For example, in May 2021, NEC Corporation, a multinational information technology and electronics corporation headquartered in Japan, discovered artificial DNA aptamers capable of binding to the new coronavirus (SARS-CoV-2). An aptamer can enter the body to target RBD, which is the key to infection, and trap the virus by detecting the three-dimensional structure of the receptor-binding domain (RBD) and building a firm link with it using flexible and seamless technology.
- Largest Region
North America was the largest region in the aptamers market in 2022.
- Major Players
Major players in the food diagnostics market are Aptamer Group, SomaLogic Inc., Aptamer Sciences Inc., Aptagen LLC, NeoVentures Biotechnology Inc., Aptus Biotech, Base Pair Biotechnologies, AMSBIO, Vivonics Inc., TriLink Biotechnologies, Noxxon Pharma, AM Biotechnologies LLC, Raptamer Discovery Group, Kaneka Corporation, and Novaptech.
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Key Aptamers Market Segments
The global aptamers market 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
The Aptamers Global Market Report 2023 provides an in-depth analysis on the aptamers market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the aptamers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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