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Aptamers Market is Anticipated to Gain Moderate CAGR by 2028 | Ophthotech Corporation, Aptamer Sciences, Novartis AG, SomaLogic

Aptamers Market is Anticipated to Gain Moderate CAGR by 2028 | Ophthotech Corporation, Aptamer Sciences, Novartis AG, SomaLogic

 

 
Market Overview:

Aptamers are artificial genetic constructs designed to enhance the activity of an existing gene product to control it. Aptamers can be single-strand DNA, RNA, or genetic XNA molecules that can be grown with high specificity and high affinity to interact only with specific targets. They are extensively used in medical settings, ensuring the safe handling of chemicals and guaranteeing food safety. This versatile technology is also finding growing usage in the research and developmental industries for engineering different traits of species. Some of these applications are focused on developing crops resistant to common pests and diseases; others are geared towards ensuring the production of a specific type of animal.

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Key Players in This Report Include Ophthotech Corporation, Aptamer Sciences, Inc., Novartis AG, SomaLogic, Inc., NeoNeuro SAS, Aptagen LLC, Aptus Biotech S.L., AM Biotechnologies, LLC, Base Pair Biotechnologies and Vivonics Inc.

Key Market Drivers:

The increasing incidence of rare and chronic diseases in the world is one of the major factors that is driving the growth of the global aptamers market. For instance, according to the World Health Organization, around 55 million individuals in the world suffer from dementia, which used to be rare but now has become a very frequent disease. An important advantage of using an aptamer is the genetic modification it facilitates. One can use an aptamer to generate a nucleic acid molecule from a nonprotein DNA source.

For example, the DNA of an animal can be extracted and inserted into a microbial E. coli strain to generate a functional protein. Similarly, the genetic material of an organism can be inserted into a host plant or animal to induce evolution. These types of applications are generally called transgenic because they introduce genetic modifications in host organisms without their consent or knowledge. Although it is legal to do these kinds of experiments under certain conditions, the Food and Drug Administration (FDA) bans the majority of these applications. The increasing incidence of clinical trials in the world is estimated to propel the growth of the global aptamers market.

Covid-19 Impact Analysis:

During the COVID-19 pandemic, the increasing cases have impacted the growth of the global aptamers market. However, key market players are always focused on introducing new strategies in the market. For instance, in August 2021, BizCom Japan, Inc., and Aptamer Group, Ltd. signed a marketing and distribution agreement to sell Optimer discovery and development services in regions in Japan.

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The research study has taken the help of graphical presentation techniques such as infographics, charts, tables, and pictures. It provides guidelines for both established players and new entrants in the Global Aptamers Market.

The detailed elaboration of the Global Aptamers Market has been provided by applying industry analysis techniques such as SWOT and Porter’s five-technique. Collectively, this research report offers a reliable evaluation of the global market to present the overall framework of businesses.

Attractions of the Aptamers Market Report:

• The report provides granular level information about the market size, regional market share, historic market (2016-2020) and forecast (2021-2028)

• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

• The report tracks recent innovations, key developments and start-up’s details that are actively working in the market

• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

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Key Takeaways:

• The size of the global aptamers market is assessed to grow at a CAGR of 17.7%, owing to the increasing prevalence of chronic diseases in the world. For instance, according to BrightFocus Foundation, there are around 50 million individuals in the world suffering from Alzheimer's disease.

• North America is expected to hold a major share of the global aptamers market, owing to the increasing prevalence of clinical trials in the region. For instance, according to ClinicalTrials, currently in the U.S., around 127,665 clinical trials are going on.

• The Asia Pacific is estimated to hold a major share of the global aptamers market, owing to the increasing incidence of chronic diseases in the region. For instance, according to The Hindu, around 5.3 million individuals in India suffer from Alzheimer's disease.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact:

Coherent Market Insights
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Email: sales@coherentmarketinsights.com
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About Coherent Market Insights :

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.


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