Oligonucleotide Therapy Market Transforming Healthcare:

Oligonucleotide Therapy Market worth $19.92 Bn by 2031 – Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Oligonucleotide Therapy Market – (By Type (Antisense, Ribozymes, Aptamers, miRNA, CpG/Immunostimulatory, RNAi), By Application (Infectious Diseases, Oncology, Neurodegenerative Disorders, Cardiovascular Diseases, Kidney Diseases, Others), By End User

(Hospitals, Research Institutes, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”

According to the latest research by InsightAce Analytic, the Global Oligonucleotide Therapy Market is valued at US$ 5.21 Bn in 2023, and it is expected to reach US$ 19.92 Bn by 2031, with a CAGR of 18.6% during the forecast period of 2024-2031.

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Shortchain RNA or DNA, known as oligonucleotides, are typically produced using automated synthesizers.After anion exchange,chromatography is used to purify the oligonucleotide, andfreezing and desalting are performed.During the estimated period, the oligonucleotide market is expected to grow dueto the increased prevalence of infectious diseases like chickenpox, diphtheria, and the common cold.

Furthermore, the creation of loner-lasting and more stable molecules dueto technological advancements and improved chemically manufactured oligonucleotides is expected to accelerate the oligonucleotides market growth during the projected period significantly. The oligonucleotide treatment market is also anticipated to grow due to many manufacturer and market player mergers, acquisitions, and product launches aimed at offering medical care to patients.

List of Prominent Players in the Oligonucleotide Therapy Market:

• BPCI Biotech Holding

• SomaGenics Inc

• Hepion Pharmaceuticals

• Alnylam Pharmaceuticals

• Regulus Therapeutics Inc

• Ionis Pharmaceuticals

• Gilead Sciences, Inc

• Santaris

• InteRNA Technologies B.V.

• Mirage

• Biogen

• Merck KgaA

• Pfizer Inc.

Market Dynamics:

Drivers-

Advancements in biotechnology and the pharmaceutical industry are driving the increasing use of synthesized oligos in therapeutic applications. Rising government investments in synthetic biology and genome projects are fueling research and development efforts in oligonucleotide therapeutics, leading to innovative treatments and technologies.

Moreover, the growing focus on personalized medicine is shaping the oligonucleotide therapeutics market by tailoring treatments to individual patients based on genetic profiles and specific medical needs. These key drivers are propelling the market towards precision medicine, improved patient outcomes, and the development of targeted therapies for various diseases.

Challenges:

The inability to detect minor antibodies could hinder market growth by impacting the efficacy and safety of oligonucleotide therapies. This limitation may lead to uncertainties in treatment outcomes and patient responses.

Additionally, stringent regulations pose challenges by increasing the complexity and cost of development, approval, and commercialization processes for oligonucleotide therapeutics. Overcoming these obstacles will require advancements in detection technologies, robust clinical data, and strategic compliance measures to navigate regulatory requirements and drive market success. Another challenge is the high cost and complexities of Oligonucleotide Therapy, which is hindering market growth.

Regional Trends:

The North American oligonucleotide Therapy Market is expected to register a maximum market revenue share and it is projected to grow at a high CAGR in the near future. Anticipated revenue growth is expected to be driven by the expansion of oligonucleotide therapies targeting disorders such as cancer and neurological conditions.

Besides, Europe had a remarkable share in the market due to increasing demand for custom oligonucleotides in research, diagnostics, and therapeutics. Factors like advancements in synthetic biology, rising applications in precision medicine, and expanding biotechnology and pharmaceutical industries contribute to its expansion.

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Recent Developments:

• In May 2023, Chinook Therapeutics and Ionis Pharmaceuticals have partnered to jointly research, develop, and market an antisense oligonucleotide therapeutic aimed at treating a rare and severe chronic kidney disease.

• In March 2023, AusperBio has reported the successful administration of the first dose of AHB-137, an antisense oligonucleotide therapeutic candidate, to a human subject for the treatment of chronic Hepatitis B.

Segmentation of Oligonucleotide Therapy Market-

By Type-

• Antisense

• Ribozymes

• Aptamers

• Mirna

• CpG/Immunostimulatory

• RNAi

By Application-

• Infectious Diseases

• Oncology

• Neurodegenerative Disorders

• Cardiovascular Diseases

• Kidney Diseases

• Others

By End-User-

• Hospitals

• Research Institutes

• Others

By Region-

North America-

• The US

• Canada

• Mexico

Europe-

• Germany

• The UK

• France

• Italy

• Spain

• Rest of Europe

Asia-Pacific-

• China

• Japan

• India

• South Korea

• South East Asia

• Rest of Asia Pacific

Latin America-

• Brazil

• Argentina

• Rest of Latin America

Middle East & Africa-

• GCC Countries

• South Africa

• Rest of Middle East and Africa

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This release was published on openPR.