The Global Aptamers Market was valued at US$ 2,304.7 million in 2016 and is projected to expand at a CAGR of 18.4% during the forecast period (2017–2025), as highlighted in a new report published by Coherent Market Insights. Technological advancements, increasing healthcare expenditure by governments, rising prevalence of lifestyle related diseases projected to have a meteoric growth of the aptamers market over the forecast period.
Numerous advantage of aptamers over antibodies provides a lucrative growth of the global aptamers market. Aptamers have been identified for potential therapeutic and diagnostic purposes, which gain the interest of the scientists within basic and clinical sciences to detect, analyze and quantify these small molecules for further discoveries and is expected to fuel the growth of aptamers market. Aptamer products can also be used as biosensors to act on proteins for biomedical diagnostic applications. This is expected to be a key growth segment in the market in the near future. Furthermore, clinical trials undertaken in aptamer development by various companies would be extremely useful to pharmaceutical industry to discover and develop new drugs.
Many manufacturers are focusing on obtaining aptamers with sufficiently high binding affinities for various kinds of diseases. In September 2015, NeoNeuro has been granted support from BPIfrance Financement under the PIA-1 program for the use of aptamers as a diagnostic and therapeutic tools in Alzheimer’s disease.
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Several market players in healthcare industry are actively investing in research and developments for clinical applications of aptamers, which is expected to drive the market growth.
Economies such as Japan, China, Brazil, and India majorly untapped markets, which are expected to witness significant growth over the forecast period, owing to increasing demand for cost effective therapeutics. Market players are focused on geographical expansion and increasing product distribution to attain maximum market share in these countries. A technology shift has been observed in the global healthcare sector, with manufacturers focusing on highly advanced techniques for the isolation of high affinity and high selectivity aptamers. For instance, Siva Therapeutics collaborated with SomaLogic, Inc., in March 2014, to assess the ability of Somalogic’s SOMAmers to target gold nanorods in cell-based assays. This is expected to reveal information regarding basic science as well as new product potential about the dynamics of targeting nanorods with aptamers.
Key takeaways of the Aptamers Market:
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