Global Aptamers Market

Aptamers Market Size, Share, Growth Analysis, By Type(DNA Aptamers), By Technology(SELEX, Other Technologies, Research & Development, Others), By Application(Therapeutics Development, Research & Development, Diagnostics, Other Applications), By End User(Pharmaceutical & Biotechnology Companies, Academic & Government Research Institutes, Contract Research Organizations, Other End Users), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35E2038 | Region: Global | Published Date: September, 2024
Pages: 219 | Tables: 62 | Figures: 77

Aptamers Market Insights

Global Aptamers Market size was valued at USD 155 million in 2022 and is poised to grow from USD 182.59 million in 2023 to USD 677.08 million by 2031, growing at a CAGR of 17.80% during the forecast period (2024-2031).

Rapidly increasing prevalence of chronic diseases around the world and growing use of targeted therapeutics for the treatment of the same are projected to drive up the demand for aptamers over the coming years. Surging demand for early diagnostics and rising investments in the development of novel diagnostic technologies are also expected to benefit aptamers market growth over the coming years. Advancements in SELEX technology are also anticipated to play a crucial role in expanding the business scope of aptamers market players going forward. High investments in medical R&D around the world, rising use of genetic therapies and technologies, and rising awareness regarding the benefits of aptamers are also expected to bolster aptamers market development in the future. On the contrary, short half-life, availability of alternatives, limited acceptance, and stringent regulatory framework are some key constraints that slow down the demand for aptamers. Developed countries such as the United States and Canada are slated to be highly opportune markets for aptamers providers in the long run. 

US Aptamers Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Global Aptamers Market size was valued at USD 155 million in 2022 and is poised to grow from USD 182.59 million in 2023 to USD 677.08 million by 2031, growing at a CAGR of 17.80% during the forecast period (2024-2031).

Investing in the development of specific aptamer-based products for different disease indications should remain the prime focus of all companies. Improving the half-life of aptamers to enhance their practical application scope will also be a major trend to target for all aptamer companies. Collaborations and partnerships are expected to help aptamer providers enhance their business scope on a global level in the future.  'Aptamer Group (UK) ', 'Raptamer Discovery Group (US) ', 'Somalogic, Inc. (US) ', 'Aptamer Sciences, Inc. (US) ', 'Aptagen, LLC  (US) ', 'Maravai Lifesciences (US) ', 'Kaneka Corporation (Japan) ', 'NeoVentures Biotechnology Inc. (Canada) ', 'Aptus Biotech (Spain) ', 'Base Pair Biotechnologies (US) ', 'Amsbio (UK) ', 'Novaptech (France) ', 'Bio-Techne (US) ', 'Aptitude Medical Systems (US) ', 'Raybiotech, Inc. (US) ', 'Alpha Diagnostic International, Inc. (US) ', 'Creative Biolabs (US) ', 'Creative Biogene (US) ', 'Vivonics Inc. (US) ', 'Iba Lifesciences GmbH (Germany) ', 'Aptabharat Innovations Pvt. Ltd (India) ', 'Profacgen (US) ', 'Mediven (Germany) ', 'Pure Biologics SA (Poland) ', 'Oak Biosciences, Inc. (US)'

Growing investments in drug delivery technology development have led to the creation of targeted therapeutics. Acceptance of these targeted therapeutics is increasing rapidly around the world as they eliminate the possibility of unexpected side effects. Aptamers are being used in the creation of these therapeutics thereby driving market growth as well.  

Chemical Modifications of Aptamers: Aptamer providers should explore and focus on chemical modifications to improve the stability of aptamers. These chemical modifications can help improve the application scope of aptamers by enhancing their pharmacokinetics, target binding, and degradation properties in biological systems. PEGylation (attaching polyethylene glycol) and locked nucleic acid (LNA) modifications are projected to emerge in popularity in the global aptamers market going forward.  

North America accounted for a dominant share of the global aptamers market. The presence of a strong medical research infrastructure coupled with high prevalence of chronic diseases makes this region an opportune one for all aptamers providers. Growing investments in healthcare research by public as well as private organizations are also expected to help promote the demand for aptamers in North America. Canada and the United States are estimated to remain the most opportune markets for aptamers companies looking to boost their revenue in the North American region going forward. Early adoption of novel healthcare technologies and products will also aid the dominance of this region.

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Global Aptamers Market

Report ID: SQMIG35E2038

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