Aptamers Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period

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The aptamer market was valued at USD 2.4 billion globally in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 24.5% over the course of the forecast period.  Because of their great specificity, aptamers are frequently utilized in chemotherapy, targeted medication delivery, and customized medicine.  Their high-precision biomarker detection is propelling their use in diagnostics, especially for neurological disorders, infectious illnesses, and cancer.  Growing government backing for biotechnology is propelling commercial expansion.

 

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Growth Drivers

Growing investments in biotechnology and pharmaceutical research and development, along with government funding, are driving market growth. Aptamer-based diagnostic products are the preferred choice among diagnostic and pathology labs for the diagnosis of disease at the cellular level because of their small size, high specificity, selectivity, and efficacy. Aptamers are also in high demand for detecting contaminants, toxins, and pathogens in food and environmental monitoring.

Aptamers are being used extensively in point-of-care testing and biosensors for rapid disease detection, particularly in Covid-19 and other infectious diseases. Despite enormous efforts, there is still no highly effective treatment available for Covid-19 due to a large number of genetic mutations. Aptamers are attractive alternatives to monoclonal antibodies because they offer advantages like faster production, lower immunogenicity, and better stability.

Segmentation

By Type

·         DNA Aptamers

·         XNA Aptamers

·         RNA Aptamers

By Technology

·         SELEX

·         Others

By Application

·         Therapeutics Development

·         Research & Development

·         Diagnostic

·         Others

By End User

·         Pharmaceutical & Biotechnology Companies

·         Academic & Government Research Institutes

·         CROs

·         Others

By Region

·         Asia-Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Key Players

·         Aptamer Group

·         Raptamer Discovery Group

·         SomaLogic Inc.

·         Aptamer Sciences, Inc.

·         Aptagen, LLC

·         Maravai Lifesciences

·         Kaneka Corporation

·         NeoVentures Biotechnology Inc.

·         Aptus Biotech

·         Base Pair Biotechnologies

·         Novaptech

·         Bio-Techne

·         AMSBIO

·         Other Players

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