Global Aptamer Market: Snapshot
The chemically synthesized single-standard oligonucleotides (a polynucleotide which contains a relatively small number of nucleotides) are aptamers. Aptamers are developed from more reliable procedures than the manufacture of monoclonal antibodies. These are oligonucleotides which bind to the especially the molecules such as proteins to be used in numerous applications in the field such as research and therapeutics.
Increasing research activities for development of the novel aptamers to be used in numerous medical application is augmenting adoption and fuelling the growth of the global aptamer market. Additionally, factors such as high thermal stability and cost-efficiency are likely to boost adoption of the aptamer which is likely to boost growth of the global aptamer market. However, lack of regulatory guidelines on molecule development and some of the unfavorable characteristics of the aptamers are hampers growth of the market.
The global aptamer market was valued at nearly US$1.0 bn in 2016 and is expected to expand with a CAGR of 20.0% over the forecast period from 2017 to 2025 to attain the value of US$5.0 bn by the end of 2025. This growth is attributable to advancements in technologies for selection of proper aptamer and increasing focus on research by numerous players in aptamer technology are likely to fuel the growth of the global aptamer market.
Research on Aptamer to Remain Key Application
The aptamer market is segmented on the basis of material type, selection technique, application, and region. On the basis of the selection technique, the market is segmented into the SELEX technique and other techniques (X-aptamer and MARAS technique). Among these, SELEX technique is expected to account for the leading share in the global market for aptamer over the forecast period from 2017 to 2025. This growth is attributable to the advancement of the techniques such as CE-SELEX and M-SELEX which helps to overcome some of the limitations in the other procedures for selection of aptamers.
On the basis of application, the market is segmented into research, diagnostics, and therapeutics. Of these, the research segment is dominating the global market for aptamer and is expected to continue over the forecast period with the impressive CAGR of 21.0%. This growth is attributable to the increased investment in the research and development by numerous key players for development of advanced aptamer. However, the diagnostics segment accounted for the 30% share of the global aptamer market in 2016. This growth is attributable to the advancements such as effective adsorption, distribution, metabolism and excretion (ADME) properties and some of the unique chemical properties.
Emerging Economies are Paving Way for Huge Growth
On the basis of region, the global aptamer market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Of these, in 2016, North America dominated the global market for aptamer. Presence of numerous key players in the global aptamer market and high investments from these companies are fuelling the growth of the region. Additionally, growing demand for pharmaceuticals from developing countries such as China and India are driving the expansion of Asia Pacific region.
Some of the key players operating in the global aptamer market are AM Biotech, Aptamer Group, Aptamer Sciences, Inc., Aptagen, LLC., and Base Pair Biotechnologies.
Global Aptamer Market: Overview
Aptamers are special class of molecules that combine the advantages of both low molecular weight and protein molecules. These molecules have attracted the attention of several researchers working in various areas of science ranging from medicine to analytical chemistry. Aptamers illustrate lock-and-key relationship between aptamer molecules and binding partners i.e., target molecules. The procedure commonly used for the selection of aptamers for a specific target molecule is known as SELEX process.
The global aptamer market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on material type, selection technique, application and geography. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. In addition, the section comprises competitive matrix and company profiles with business overview to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global aptamer market.
Global Aptamer Market: Key Segments
Based on material type the global aptamer market is segmented into nucleic acid aptamer and peptide aptamer. The material type segments have been analyzed based on type of aptamer uses for different application in the region. The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. According to application the global aptamer market is segmented into research, diagnostics, therapeutics and others. The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
Global Aptamer Market: Regional Outlook
Geographically, the global aptamer market has been categorized into five major regions and the key countries in the respective region: North America (the U.S., Canada), Europe (the U.K., Germany, France, Italy, Spain and Rest of Europe), Asia Pacific (China, Japan, India, Australia & New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico and Rest of Latin America) and Rest of World. The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. The research study also covers the competitive scenario in these regions.
Companies Mentioned in Report
The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major companies profiled in the aptamer market are include AM Biotech, Aptagen, LLC., Aptamer Group, Aptamer Sciences, Inc., Base Pair Biotechnologies, CD Genomics, NeoVentures Biotechnology Inc., NAXXON Pharma, Aptus Biotech, TriLink BioTechnologies, LLC., and Pfizer Inc. among others.
The global aptamer market has been segmented as follows:
Aptamer Market, by Material
- Nucleic acid Aptamer
- Peptide Aptamer
Aptamer Market, by Selection Technique
- SELEX Technique
- Others (MARAS, etc.)
Aptamer Market, by Application
Aptamer Market, by Geography
- North America
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Rest of World