Nucleic Acid Aptamers For Diagnostics And Therapeutics: Global Markets
April 26, 2010
Wellesley, Mass. – According to a new technical market research report, NUCLEIC ACID APTAMERS FOR DIAGNOSTICS AND THERAPEUTICS: GLOBAL MARKETS (BIO071A) from BCC Research (www.bccresearch.com), the global market value for nucleic acid aptamers is an estimated $236 million in 2010, but is expected to increase to nearly $1.9 billion in 2014, for a 4-year compound annual growth rate (CAGR) of 67.5%.
The largest segment in the market, therapeutics, is expected to increase at a 4-year CAGR of 54.6%, from $210 million in 2010 to $1.2 billion in 2014.
The other segment, diagnostics, is expected to reach $659 million in 2014. The market in 2010 is estimated to be $26 million. Thus, the 4-year CAGR is projected to be a hefty 124.4%.
The goal of this study is to determine and describe the specific applications and global market demand for nucleic acid aptamers. In addition to a breakdown by therapeutic or diagnostic applications, markets are further divided by major disease type addressed, or diagnostic application (i.e., clinical, environmental, biodefense, etc.).
The report also identifies emerging technology growth opportunities in aptamer use as adjuvants for siRNA delivery, vaccines, and antisense technologies.
Although aptamers and their directed selection in the laboratory were described in 1990, their widespread acceptance in therapeutics and diagnostics is still being realized. Aptamers have a number of advantages over their antibody counterparts, which are discussed in detail within the report. Perhaps most important in the therapeutic context, as nucleic acids, aptamers are readily chemically synthesized and therefore are easier to characterize than antibodies produced by recombinant means. For similar reasons, aptamers are readily developed and used by boutique developers of novel diagnostics and biosensors, and larger firms are beginning to take notice.
The report will be useful for the ever-increasing number of diagnostic and biosensor development start-ups interested in the unique aspects of aptamers as inexpensive, synthetic ligands for molecular recognition.
Nucleic Acid Aptamers for Diagnostics and Therapeutics: Global Markets( BIO071A )
Publish Date: Mar 2010
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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