Global Exosomes Market

Exosomes Market Size, Share, Growth Analysis, By Application(Biomarkers, Therapeutics, Drug-delivery system, and Others), By Product Type(Instruments, and Reagents & Kits), By End-User(Cancer Institutes, Hospitals, and Others), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35H2198 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 90 | Figures: 76

Exosomes Market News

  • In February 2021, Cytiva launched the “Exosome Challenge,” an industry challenge to overcome hurdles in exosome production and manufacturing
  • In November 2021, announced the acquisition of the service unit from Exosomics, a leading extracellular vesicles biotech company. The agreement includes Exosomics' service team, service assets, and laboratories in Siena, Italy. The financial details of the deal were not disclosed
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Exosomes Market size was valued at USD 84.49 billion in 2019 and is poised to grow from USD 112.25 billion in 2023 to USD 8793.95 billion by 2031, growing at a CAGR of 32.75% in the forecast period (2024-2031).

The Exosomes market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability. 'Thermo Fisher Scientific Inc.', 'QIAGEN N.V.', 'NanoSomiX Inc.', 'System Biosciences LLC', 'Malvern Instruments Ltd.', 'Bio-Techne Corporation', 'Norgen Biotek Corp.', 'Lonza Group Ltd.', 'HansaBioMed Life Sciences Ltd.', 'AMS Biotechnology (Europe) Ltd.', 'Hitachi Chemical Co. Ltd.', 'Evomic Science LLC', 'Codiak Biosciences Inc.', 'Exosome Diagnostics Inc.', 'Aethlon Medical Inc.', 'Evox Therapeutics Ltd.', 'Jazz Pharmaceuticals plc', 'ReNeuron Group plc', 'Capricor Therapeutics Inc.', 'Stem Cells Inc.'

Most pharmaceutical, biopharmaceutical, and medical device businesses make significant investments in the creation of new medications and equipment. The pharmaceutical sector invests much in R&D. Pharmaceutical businesses spend in R&D to provide the market with cutting-edge, high-quality goods. According to trends, the leading pharmaceutical firms are enhancing their R&D productivity by significant long-term expenditures in R&D as well as through joint R&D projects.

Exosomes can be used as a treatment platform for a variety of illnesses, including COVID-19. Exosomes are used in medicine to deliver therapeutic cargo components while avoiding immune rejection and cellular toxicity. They are cell-free options for treating a variety of illnesses and for tissue regeneration. Exosomal therapy for respiratory viral infections, including SARS-CoV-2, can be created because stem cell-derived exosomes are favorable in utilizing the anti-inflammatory and regenerative characteristics of parent cells.

The North American region holds the largest share of the market. The enhanced healthcare infrastructure, efficient government policies, presence of key players, and greater knowledge of diagnostics and healthcare among the populace are all factors that have contributed to the market expansion in this area. Due to a large number of government-funded research studies on the effects of exosome-based drugs on a variety of cancers, including melanoma, breast cancer, lung cancer, and pancreatic cancer, among others, and key players' collaboration with state universities in the area to conduct clinical trials in the United States, the species is likely to remain the most dominant country during the forecast period.

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Global Exosomes Market

Report ID: SQMIG35H2198

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