Aptamers Market (By Types - Nucleic Acid Aptamers and Peptide Aptamers; By Applications - Therapeutics Development, Diagnostics, Research and Development Applications and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Albany, NY -- (SBWIRE) -- 03/27/2015 -- According to a new market report published by Transparency Market Research Aptamers Market (By Types - Nucleic Acid Aptamers and Peptide Aptamers; By Applications - Therapeutics Development, Diagnostics, Research and Development Applications and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019, the global aptamers market was valued at USD 93.0 million in 2012 and is estimated to reach USD 4,333.0 million in 2019, growing at a CAGR of 73.1% from 2013 to 2019.
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Aptamers are single-stranded nucleic acid oligonucleotide or peptide molecules. Aptamers can bind with a range of target molecules such as proteins, carbohydrates, ions and viruses. Aptamer technology is widely used in laboratory diagnosis, molecular recognition, pharmaceutical studies, drug discovery and disease treatment. Moreover, these play an important role in the production of improved and cost-effective medicines. Increasing scientific research activities in aptamer technology and rising participation of private organizations for the development of aptamers would boost the growth of the aptamers market globally. Furthermore, collaboration of key players to develop innovative aptamer technologies would drive market growth. For example, Aptamer Group focuses on collaborating with government agencies and academic partners for the development of effective and innovative aptamer technologies. These collaborations would establish a healthy platform for the development of aptamers, which in turn would accelerate market growth. However, strict regulations and ethical issues related to aptamers would restrain the growth of the market.
The aptamers market is segmented by types and by applications. The aptamers market by types is segmented into nucleic acid aptamers and peptide aptamers. The nucleic acid aptamers segment accounted for the largest share of the aptamers market in 2012. It is expected to dominate the market during the forecast period. Growth in this segment is attributed to increasing use of nucleic acid aptamers in research and development. Additionally, nucleic acid aptamers is projected to be the fastest growing segment during the forecast period. The aptamers market, by application is segmented into therapeutics development, diagnostics, research and development applications and others. The diagnostics application segment is likely to grow consistently due to increasing use of aptamers in biomedical diagnostics, molecular imaging and development of disease related biomarkers. However, the therapeutics development application segment is estimated to grow at the highest CAGR due to increasing research and development activities in aptamer technology to develop novel therapeutic agents.
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North America accounted for the largest share of the global aptamers market in 2012. Presence of a large number of key players and increasing research and development activities in aptamer technology in North America are the major factors contributing to the growth of aptamers market. Europe accounted for the second largest share i.e., over 35% of the total market in 2012. The aptamers market is majorly driven by increasing use of aptamer technologies by small-scale industries in Europe. Asia-Pacific is expected to grow at the highest CAGR from 2013 to 2019 due to increasing initiatives undertaken by governments for the development of aptamers. There is intense competition in the global aptamers market. Manufacturers are increasing their investment in aptamer technology. The global aptamers market includes major companies such as Somalogic, Inc., NOXXAN Pharma AG, Aptamer Science, Inc. and Aptagen, Inc.
The global aptamers market is segmented into the following categories:
Aptamers Market, by Types
Nucleic Acid Aptamers
Aptamers Market, by Applications
Research and Development Application
Aptamers Market, by Geography
Rest of World (RoW)
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