Aptamers Market
The Aptamers Market size is expected to register a growth of significant CAGR 20.2% during the forecast period. The aptamer can be defined as synthetic antibodies that bind DNA or RNA, and its main intention is to bring together antigens such as small molecules, proteins, cells, tissues and peptides. These are binding agents that are used in biosensors, research diagnostics, drug discovery and as tools for biomarkers. These antibodies are also known as ‘artificial antibodies’ that create complex structures while adhering to predetermined targets. Natural antibodies have certain limitations when binding to minuscule molecules, but aptamers are effective in this procedure. This gives the aptamers market a boost because it can be profitable to produce more diagnostic kits and original therapeutic drugs.
It has been noted that the aptamers market has significantly taken off during the pandemic period. There has been a global pressure to create an effective vaccine to fight the novel coronavirus. Most pharma companies invest billions into testing and developing the miracle cure for the variants that have disturbed the healthcare system. The creation of inexpensive and very accurate synthetic antibodies has been the main driver of growth in the aptamers market. It has also been reported that aptamers do not produce any side effects; they have non-immunogenic properties, making them a safer option when trying out cures for new diseases.
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Extensive scientific research has shown that aptamers are oligonucleotides that can disseminate transversely through the blood-brain barrier and procure effective cures for neurodegenerative disorders. With the pandemic raging, R&D companies have successfully used the aptamers technology to create diagnostic kits for early detection of COVID-19.
Aptamers Market Regional Outlook
The North American region dominates when it comes to the innovative market for aptamers, there is a significant increase in companies interested in this technology. Investments are strongly projected by these hightech companies towards the development of aptamers for medical invention procedures. The Asia Pacific region has also seen significant growth in this mass production of drugs and approval of new vaccines during the ongoing pandemic crisis due to aptamers technology. Increasingly, pharmaceutical companies are entering into global collaborations to create effective medicines for new diseases.
Competitive Outlook
The key companies that have invested in the aptamers market growth are Aptamer Sciences Inc – South Korea, SomaLogic Inc – United States, NeoVentures Biotechnology Inc – Canada, Aptus Biotec – Spain and Novaptec – France.
The expansion of pharma research-based laboratories across the globe has sped up due to the epidemic situation. Venture capitalists are fuelling more scientific and developmental innovations in the aptamers market. It has been estimated that the DNA based aptamers market will see significant growth in the future. In technology applications, the SELEX segment is expected to increase. The biotechnological companies will be driven by this technology with more government support, rising investments in the R&D sector and development of diagnostic tools.
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Industry News
The massive production of vaccines and new medicines to combat various viruses linked to the immune system will experience significant growth shortly. As pharmaceutical companies rush to produce health-altering drugs, the use of aptamers will only be regarded as positive medical development.
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