QY Research has provided an in-depth assessment of the global aptamers market in its newly added report titled, “Global Aptamers Market Report, History and Forecast 2014-2025.” This report is evaluated on the basis of qualitative and quantitative insights, historical data, and the key market dynamics over the forecasted period of 2019-2025.
According to the report, the global aptamers market is expected to reach at US$ 100 Mn by the end of 2025 from US$ 44 Mn in 2018, exhibiting a robust CAGR of 12.5% throughout the projected period. This tremendous growth is recorded because of rising focus on research by various players in aptamer technology.
Global Aptamers Market: Drivers and Restraints
Factors such as technological advancements followed by the patient expiration of Systematic Evolution of Ligands by Exponential enrichment technology (SELEX) is expected to fuel the growth of the global aptamers market in the years to come. The growing research and development activities along with the rising investment in the pharmaceutical and the biotechnological industry has increased the use of aptamers which is ultimately responsible for the growth of the market. The growing usage of aptamers in drug discovery and to treat various diseases is creating a positive impact on the growth of the market during the projected period. Some of the other factors such as cost-efficiency and high thermal stability are expected to boost the demand for aptamers in the near future.
However, factors such as stringent regulations and ethical issues in the usage of aptamers and the lack of regulatory guidelines are creating a negative impact on the growth of the global aptamers market during the anticipated period.
Global Aptamers Market: Forecast by Geography
North America is likely to dominate the global aptamers market due to the technological advancements, the presence of various key players and the high investments from these top players in the global market. The Asia Pacific market for aptamers is expected to grow at a remarkable rate due to an increasing demand for medicines in emerging economies such as India and China. Europe is also likely to show better growth opportunities in the aptamers market during the forecasted period.
Global Aptamers Market: Forecast by Segmentation
The global market is segmented into applications and product type. Based on the end-use industries, the market is segmented into Drug Discovery and Research and Development. On the basis of application, the aptamers market is segmented into RNA-Based Aptamers and DNA-Based Aptamers.
Global Aptamers Market: Key Manufacturers
Some of the key players functioning in the global aptamers market are Vivonics, TriLink BioTechnologies, Ray Biotech, AptaBharat, NeoVentures Biotechnology, Aptamer Sciences SomaLogic, Aptus Biotech, AM Biotechnologies, Aptagen, Aptamer Group, and Base Pair Biotechnologies.
Full Report Overview@ https://www.qyresearch.com/index/detail/1062200/global-aptamers-market