According to the report RNAi Drug Delivery Market, published by Market Data Forecast, the global market is projected to reach USD 81.07 billion by 2021, at a CAGR of 27.2% from 2016 to 2021.
RNAi is an emerging technique of analyzing gene functions in eukaryotes. It also plays an important role in development of therapeutic gene silencing. Gene silencing is a term refers to the ability of a cell to prevent the expression of a specific gene. Curing of cancer has been made possible by use of this technique by controlling gene mutation. From 2006 onwards various clinical trials are being held and people are investing billions in this market to approve and research various types of RNAi-based Drugs.
RNAi’s popularity stems from its utility as a molecular biology tool, which enables the in-vivo functional analysis of thousands of genes. Recent advances in the field include the design of new libraries of RNAi effectors, effective delivery systems, and read-out methods.
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RNAi Drug Delivery Market: Drivers & Restraints
The drivers of this market are increasing cases of diabetes, and cardiovascular diseases, increasing population base and recent technological advancements. Developments of nano-technological based methods which have given better results in target delivery have opened the portal for opportunities for growth during forecast period. Also, government support in forms of policies has influenced growth of the market. In addition, increased research in the field of RNA therapeutics has also fueled the growth of global RNAi drug delivery market. But, High investment and strict regulations are some of the major restraints to this market. Delivery of RNAi Drugs to specific tissues is the key challenge faced by the market.
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RNAi Drug Delivery Market: Segmentation
By Drug Delivery
- Nanoparticle drug delivery technology
- Pulmonary drug delivery technology
- Nucleic acid drug delivery technology
- Aptamer drug delivery technology.
By Therapeutic Application
- Infectious diseases
- Metabolic disorders.
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RNAi Drug Delivery Market: Overview
RNAi Drug Delivery is an unfolding therapeutic method. This method has fewer side effects and is specific to the point. RNAi has application in the areas of therapeutics, drug delivery, research and development and agriculture. The therapeutics application of RNAi includes metabolic disorders, cardiology, neurology, oncology and ophthalmology. It is a developing sector and is anticipated to witness new product approvals over the forecast period owing to ongoing extensive research carried out in RNA silencing, gene knock-down, and gene expression modulation for treatment of diseases at a molecular level. This industry is witnessing heightened collaborations between big pharmaceutical companies and RNA silencing therapeutic developers in order to gain access to drug delivery platforms. Nanoparticle Drug Delivery is largest sub-segment in this market because of its use in selected delivery of drugs. However, aptamer drug delivery technology is the fastest growing segment.
RNAi Drug Delivery Market: Region-wise Outlook
North America holds the largest share of revenue generated in the industry. There are a significant number of products in clinical trials that are underway or in the process of initiation for the development of antisense therapeutics from participants with clinical laboratories in operation within this region.
In Europe, France, Germany, and Spain holds major share of RNAi drug delivery market. However, Asia is expected to show high growth rates in the next five years in global RNAi drug delivery market due to increased investment by major companies in the region. Japan, China and India are expected to be the fastest growing RNAi drug delivery markets in Asia.
Key Questions Answered
- What is the competitive landscape and market share of major players in the Asia-Pacific region?
- What are the drivers, key factors leading the market? Which market segments are growing the fastest?
- What are the unmet technological needs currently on the market? How will emerging technologies fulfil these unmet needs?
- What are the challenges and barriers that have hindered growth of the market?
- What measures are taken by leading companies to increase market growth?
RNAi Drug Delivery Market: Key Players
Key players in this region are Alnylam Pharmaceuticals Inc., Merck & Co. Inc, Access Pharmaceuticals Inc., Dicerna Pharmaceuticals Inc., Tekmira Pharmaceuticals Corp., Isis Pharmaceuticals Inc, Calondo Pharmaceuticals Inc., Marina Biotech Inc., RXi Pharmaceuticals Corp., Quark Pharmaceuticals Inc., Silence Therapeutics plc, Traversa Therapeutics Inc., Tacere Therapeutics Inc., Sirnaomics Inc., and PhaseRx Inc.
Reasons to buy RNAi Drug Delivery Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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