Aptamers Market – Detailed Study Regarding Major Factors Influencing the Growth
Aptamers are single stranded DNA or RNA molecules which are extremely versatile and binds targets with high specificity and selectivity as it has a tendency to form helices and single-stranded loops. Aptamer can be used against various molecule target such as toxins, peptides, proteins, viruses and whole cell. Aptamers are designed for therapeutic use in the body due to it stability and high bioavailability. Furthermore, aptamers are nucleotide analogues of antibodies and aptamer generation is significantly cheaper and easier as compared to that of production of antibodies.
Factors driving demand for global aptamers market includes continuous development for high-quality aptamers by research institutes and manufacturers. Furthermore, increasing number of applications of aptamers is expected to drive the global aptamers market over the forecast period. However, stringent regulations and lack of awareness regarding the use of aptamers is expected to limit the market growth over the forecast period.
Rising investment in research and development by pharmaceutical and biopharmaceutical companies for development of novel aptamers is expected to fuel the growth of global aptamers market over the forecast period. Continuous development for high-quality aptamers by manufacturers and growing use of aptamers in drug discovery and disease treatment is expected to boost the growth of global aptamers market over the forecast period.
The global aptamers market report has been segmented on the basis of type, application, end user, and region.
Global aptamers market segmentation;
- Nucleic Acid Aptamers
- DNA-Based Aptamers
- RNA-Based Aptamers
- XNA-Based Aptamers
- Peptide Aptamers
- Research and Development
By end user:
- Biotechnology and Pharmaceutical Industry
- Contract Research Organization
- Academic and Research Institutions
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Regional segmentation includes North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Europe is expected to witness highest growth as compared to other regions, this is attributed to increasing number of manufacturer of aptamers in the region. North America contributes major market in global aptamers market and maintains its dominance over the forecast period.
Some prominent players in the global aptamers market are AM Biotechnologies, LLC, Aptagen LLC, Aptamer Sciences, Inc., Aptus Biotech S.L., Base Pair Biotechnologies, Inc., NeoVentures Biotechnology, Inc., SomaLogic Inc., TriLink BioTechnologies, Inc., Vivonics, Inc., and Noxxon Pharma.