The Future of theIn-Vitro Lung Model Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theIn-Vitro Transcription Templates Market?
The surge in attention towards gene therapy is predicted to escalate the expansion of the in-vitro transcription templates market. Gene therapy encompasses the alteration of genes within cells to cure or halt diseases by rectifying flawed genes. Progressions in technologies such as CRISPR, substantial injection of funds, and recent victories in treatment have heightened focus on this technique. In-vitro transcription templates contribute to gene therapy by supplying the RNA molecules needed for mRNA-based therapies, siRNA-based therapies, and gene tampering technologies—making the treatment of genetic disorders and diseases possible. For example, as per the US-based federal agency Food and Drug Administration (FDA) of the Department of Health and Human Services, the tally of gene therapies approved by the FDA by March 2024 was 36, with an additional 500 awaiting approval and an estimation of 10-20 gaining annual approval by 2025. Thus, the escalating focus on gene therapy is spurring the growth of the in-vitro transcription templates market.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15838&type=smp
#What is the Anticipated CAGR of theIn-Vitro Transcription Templates Market, and What Factors Will Drive It?
The market size of in-vitro transcription templates has witnessed a massive growth in the past few years. The market, which was valued at $1.01 billion in 2024, is anticipated to reach $1.25 billion in 2025, with a compound annual growth rate (CAGR) of 23.7%. The significant expansion during the historic period can be associated with the surge in chronic disease incidents, augmented investments in R&D in the healthcare and pharmaceutical arenas, advancements in gene therapy technology, as well as collaborations, partnerships, and progressive developments in the field of gene therapy.
The market size for in-vitro transcription templates is projected to experience remarkable growth in the coming years, soaring to $2.9 billion in 2029 with a CAGR of 23.4%. This anticipated growth during the forecast period is due to several factors such as improvements in biotechnology, the increasing emphasis on R&D activities, the expanding use of in-vitro transcription templates, the requirement for earlier disease detection, and the growing demand for mRNA-based vaccines. The forecast period is also expected to witness significant trends such as progress in RNA synthesis technologies, technological innovations, advances in biotechnology, improvements in enzymatic synthesis techniques, and the inclusion of automation and digitalisation.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15838
What Key Market Trends and Innovations Are Shaping the Future of theIn-Vitro Transcription Templates Industry?
Key players in the in-vitro transcription templates market, such as GenScript Biotech Corporation, are innovating self-amplifying RNA synthesis services to maximize the performance of RNA-based treatments, decrease manufacturing expenses, and elevate patient results in various therapeutic usages. The technology of self-amplifying RNA synthesis service facilitates the creation of RNA that can self-replicate within host cells. This enhances protein expression from the least RNA input, ultimately boosting the efficiency and effectiveness of RNA-based treatments. For instance, in May 2024, GenScript Biotech Corporation, a US biotech firm, introduced a self-amplifying RNA (saRNA) synthesis service, thereby broadening its in vitro transcription RNA synthesis offerings. This innovation bolsters the power and efficiency of vaccines, immunotherapies, and gene therapies by facilitating potent protein expression from a minimal amount of RNA. The saRNA platform aims to minimize dosages, slash production costs, and enhance patient outcomes. Backed by comprehensive R&D, GenScript’s saRNA showcases high purity and robust protein expression, ensuring consistent performance.
Which Companies Are Leading the Charge in Expanding theIn-Vitro Transcription Templates Market Growth?
Major companies operating in the in-vitro transcription templates market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Eurofins Genomics LLC, Agilent Technologies Inc., Illumina Inc., Bio-Rad Laboratories Inc., Qiagen N.V., Integrated DNA Technologies Inc., Promega Corporation, Genescript Biotech Corporation, Takara Bio Inc., New England Biolabs, OriGene Technologies Inc., Cayman Chemical, Synthego Corporation, Synbio Technologies, Creative Diagnostics, VectorBuilder Inc., Bio-Synthesis Inc., TriLink BioTechnologies, Norgen Biotek Corporation, Genaxxon BioScience GmbH, Enzo Life Sciences Inc., GeneCopoeia
Order Your Report Now For A Swift Delivery:
How is the Global In-Vitro Transcription Templates Market Segemented?
The in-vitro transcription templates market covered in this report is segmented –
1) By Treatment: Vaccine, Therapeutic
2) By Research Stage: Exploratory, Clinical
3) By Disease: Cancer, Infectious Disease, Lifestyle Disease, Genetic Disease, Other Diseases
4) By End User: Pharmaceutical And Biotechnology Companies, Contract Research Organizations (CROs) And Contract Manufacturing Organizations (CMOs), Academics And Research, Other End Users
Subsegments:
1) By Vaccine: MRNA Vaccines, DNA Vaccines
2) By Therapeutic: Gene Therapy, RNA-Based Therapeutics
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=15838&type=smp
Which Geographics are Influencing the Growth of the In-Vitro Transcription Templates Market?
North America was the largest region in the in-vitro transcription templates market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in-vitro transcription templates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Reports Similar to the Global In-Vitro Transcription Templates Market 2025, By The Business Research Company:
In Vitro Diagnostics (IVD) Quality Control Global Market Report 2024
Enzymes Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/enzyme-global-market-report
Healthcare Specialty Enzymes Global Market Opportunities And Strategies To 2031
https://www.thebusinessresearchcompany.com/report/healthcare-specialty-enzymes-market
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
