The global RNA based therapeutics market generated $4,938.38 million in 2021, and is projected to reach $25,121.95 million by 2030, growing at a CAGR of 17.6% from 2021 to 2030.
RNA based therapeutics is a class of medications based on ribonucleic acid (RNA). RNA based therapeutics provides or modifies ribonucleic acid (RNA) to patients’ cells. Now it has the potential to treat a wide variety of diseases, including cardiovascular disease, hemophilia, and cancer. Based on messenger RNA (mRNA), the main types of RNA therapeutics include antisense RNA (asRNA), RNA interference (RNAi), the agents of RNA interference (RNAi), catalytically active RNA molecules (ribozymes), and RNAs that bind proteins and other molecular ligands (aptamers). In addition, messenger RNA (mRNA) can be used as protein replacement therapy to treat diseases caused by a lack of protein, or by defective proteins, such as cystic fibrosis. Moreover, Prominent players in the global RNA based therapeutics market have opted various strategies such as type launches, approvals, and investments in R&D for advancement in RNA based therapeutics to strengthen their position in the market and sustain the competitive environment
The global RNA based therapeutics market has garnered significant attention in the recent years due to its potential to treat variety of chronic diseases such as cancer, diabetes, Human immunodeficiency virus infection and acquired immune deficiency syndrome (AIDS), Tuberculosis and certain cardiovascular conditions and rise in government initiatives to promote healthy lifestyle. Furthermore, rise in health awareness significantly contributes toward the growth of the market. However, factors such as dearth of skilled professionals and end-user budget constraints in developing countries are expected to restrain the market growth. Conversely, surge in number of applications in molecular diagnostics, particularly in cancer and improving synthetic delivery carriers and chemical modifications to RNA is expected to offer profitable opportunities for the market players in the near future. Furthermore, increase in demand for genomic sequencing in laboratories, and research centers, also increasing molecular diagnostics are expected to provide lucrative opportunities for the growth of the market in near future.
RNA based therapeutics is segmented into by type, by application, and by end user. Based on type, the market is segmented into RNA interference (RNAi) technologies and RNA antisense technologies. Based on application, the market is segmented into genetic disorders and auto immune disorders. Based on end user, the market is segmented into research institutes, and hospitals & clinics. Region wise, it is classified into the North America, Europe, Asia-Pacific, and LAMEA.
RNA based therapeutics is a class of medications based on ribonucleic acid (RNA). RNA based therapeutics provides or modifies ribonucleic acid (RNA) to patients’ cells. Now it has the potential to treat a wide variety of diseases, including cardiovascular disease, hemophilia, and cancer. Based on messenger RNA (mRNA), the main types of RNA therapeutics include antisense RNA (asRNA), RNA interference (RNAi), the agents of RNA interference (RNAi), catalytically active RNA molecules (ribozymes), and RNAs that bind proteins and other molecular ligands (aptamers). In addition, messenger RNA (mRNA) can be used as protein replacement therapy to treat diseases caused by a lack of protein, or by defective proteins, such as cystic fibrosis. Moreover, Prominent players in the global RNA based therapeutics market have opted various strategies such as type launches, approvals, and investments in R&D for advancement in RNA based therapeutics to strengthen their position in the market and sustain the competitive environment
The global RNA based therapeutics market has garnered significant attention in the recent years due to its potential to treat variety of chronic diseases such as cancer, diabetes, Human immunodeficiency virus infection and acquired immune deficiency syndrome (AIDS), Tuberculosis and certain cardiovascular conditions and rise in government initiatives to promote healthy lifestyle. Furthermore, rise in health awareness significantly contributes toward the growth of the market. However, factors such as dearth of skilled professionals and end-user budget constraints in developing countries are expected to restrain the market growth. Conversely, surge in number of applications in molecular diagnostics, particularly in cancer and improving synthetic delivery carriers and chemical modifications to RNA is expected to offer profitable opportunities for the market players in the near future. Furthermore, increase in demand for genomic sequencing in laboratories, and research centers, also increasing molecular diagnostics are expected to provide lucrative opportunities for the growth of the market in near future.
RNA based therapeutics is segmented into by type, by application, and by end user. Based on type, the market is segmented into RNA interference (RNAi) technologies and RNA antisense technologies. Based on application, the market is segmented into genetic disorders and auto immune disorders. Based on end user, the market is segmented into research institutes, and hospitals & clinics. Region wise, it is classified into the North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global RNA based therapeutic market along with the current trends and future estimations to elucidate the imminent investment pockets.
- A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
- Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the key segments of the industry helps to understand the products and end users of RNA based therapeutic used across the globe.
- Key market players and their strategies have been analysed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Type
- RNA Interference (RNAi)
- RNA antisense
By Application
- Genetic disorders
- Auto immune disorders
By End User
- Research Institutes
- Hospitals & Clinics
- By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Australia
- Japan
- China
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
KEY MARKET PLAYERS
- Alnylam Pharmaceuticals, Inc.
- Silence Therapeutics plc
- Arbutus Biopharma Corporation
- Genzyme (Sanofi)
- Ionis Pharmaceuticals
- Sarepta Therapeutics
- Benitec Biopharma Inc
- Arrowhead Pharmaceuticals
- Biogen, Inc
- Gradalis, Inc.
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Table of Contents
CHAPTER 1- INTRODUTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: RNA BASED THERAPEUTICS MARKET, BY TYPE
CHAPTER 5: RNA BASED THERAPEUTICS MARKET, BY APPLICATION
CHAPTER 6: RNA BASED THERAPEUTICS MARKET, BY END USER
CHAPTER 7: RNA BASED THERAPEUTICS MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Alnylam Pharmaceuticals Inc.
- Silence Therapeutics plc
- Arbutus Biopharma Corporation
- Genzyme (Sanofi)
- Ionis Pharmaceuticals
- Sarepta Therapeutics
- Benitec Biopharma Inc.
- Arrowhead Pharmaceuticals
- Biogen Inc
- Gradalis, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 170 |
| Published | December 2021 |
| Forecast Period | 2021 - 2030 |
| Estimated Market Value ( USD | $ 5839.66 million |
| Forecasted Market Value ( USD | $ 25121.95 million |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
