Aptamers Market is Successfully Increasing at a Prevailing Double-Digit CAGR of 20.2% During Forecast 2018-2023
Aptamers
Market Size, Share, Analysis, Growth Values, Trends by Type (Nucleic Acid and
Peptide Aptamers), Application (Diagnostics, Therapeutics Development),
Technology (Selex, X-aptamer and MARAS technique), End Users (Biotechnology and
Pharmaceutical Companies)-Global Forecast till 2023
Market
Highlights:
The Global
Aptamers Market is expected to register a growth of significant CAGR 20.2% during
the forecast period (2018–2023).
Aptamers
are oligonucleotides or peptide molecules that bind to a target lipid, nucleic
acid molecules or proteins. Other factors, such as the use of RNA aptamers have
proven to be of high therapeutic and diagnostic value with recent FDA approval
of the first aptamers drug and additional ones in the clinical pipelines
eventually lead to the growth of Aptamers Market.
They are generated rapidly and applied in the specific detection, inhibition,
and characterization of proteins. Aptamers are multipurpose and cost-effective
which offer complementary or alternative solutions to the antibodies. Growth in
this market is credited to the improvements in aptamer development
technologies, rising research and development investments for the development
and manufacturing of recombinant products by major players and rising number of
companies investing in this market are some of the key driving factors
responsible for the growth of this market. Increasing use of aptamers in drug
discovery and disease treatment may influence this market positively over
forecast period. Nevertheless, ethical issues in using aptamers, stringent
regulations in use of aptamers and slow in reaching marketplace owing to
regulatory hurdles may hinder the growth of this aptamers market over the
estimated period.
Key Players:
- Aptamer Sciences
- Aptagen
- Base Pair Biotechnologies
- Ophthotech Corporation
- Am Biotechnologies
- Aptamer Solutions Ltd
- Aptus Biotech S.L
- Neoventures Biotechnology Inc
- Somalogic
- Trilink Biotechnologies
- Vivonics
- Noxxon Pharma
Segmentation:
- The Global Aptamers Market has been
segmented on the basis of type, application, technology and end users.
- On the basis of type, the market has
been classified as nucleic acid aptamers and peptide aptamers. The nucleic
acid aptamers have been segmented into DNA-Based Aptamers, RNA-Based
Aptamers.
- On the basis of application, the
market has been classified as diagnostics, therapeutics development,
research and development, other applications.
- On the basis of technology, the
market has been classified as Selex, X-aptamer and MARAS technique.
- On the basis of end users, the
market has been classified as academic and government research institutes,
biotechnology and pharmaceutical companies, contract research
organizations and other end users.
Regional Analysis:
The Americas
is projected to lead the aptamers market in the forecast period. Increasing
healthcare awareness, advancement in technology, medical tourism are some other
factors that boost the growth of the market.
The European
market is expected to hold the second largest market share. The market is
expected to witness growth owing to the rising patient population, changing
lifestyle, and growing elderly population. This is expected to provide
favorable backgrounds for the market to grow.
Asia-Pacific is
projected to be the fastest growing region for the global aptamers in 2018. The
market is expected to register positive growth owing to enlarged opportunities
in diagnostics and development of pharmaceuticals which remain untapped in the
aptamers market.
The Middle
East and Africa accounts for the least share due to stringent government
policies and low per capita income.
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