Exosome Technologies Market: Overview

Exosomes are extracellular vehicles produced by most of the cells. These are present in various body fluids and usually contain RNA and specific set of proteins. Exosomes play an important role intercellular communication. These can transfer molecules from one cell to another. Exosomes are being tested for therapeutic applications such as biomarkers, drug delivery systems, and therapies for diseases such as cancer and cardiovascular diseases. An article published by NCBI stated that exosomes have immunotherapeutic applications or can act as a drug delivery system for targeted therapies with drugs and biomolecules. This is due to their ability to selectively express proteins. Additionally, various studies have shown the potential applications of exosomes in drug and nucleic acid delivery, biomarkers, and anticancer vaccines.

Exosome Technologies Market: Key Trends

Increase in awareness about exosome technologies, rise in prevalence of chronic disorders such as cancer and cardiovascular diseases, improved health care infrastructure, rise in R&D spending, technological advancements, surge in investment by major players in the development of treatments, rich product pipeline, and increase in government initiatives are the major drivers of the global exosome technologies market. However, lack of skilled professionals and stringent regulatory procedures are projected to act as major restraints of the global market.

Exosome Technologies Market: Segmentation

The global exosome technologies market can be segmented based on biomolecule type, application, end-user, and region. In terms of biomolecule type, the global market can be classified into non-coding RNAs, mRNA, proteins / peptides, DNA fragments, and lipids. The non-coding RNAs segment dominated the market in 2018, and the trend is projected to continue during the forecast period. Growth of the segment is attributed to wide use of RNAs in the development for therapeutics and diagnostics for various diseases. Based on application, the global exosome technologies market can be divided into drug discovery, drug delivery, oncology, neurodegenerative diseases, cardiovascular diseases, infectious diseases, and others. The drug delivery segment dominated the market in 2018 and is expected to continue its dominance during the forecast period. This is attributed to increase in research initiatives for the development of exosome as drug delivery system. An article published by NCBI indicated that exosomes have shown significant potential in the delivery of drugs or biomolecules in cell therapy treatments. In terms of end-user, the global market can be categorized into health care providers, pharmaceutical & biotechnology companies, and others. The pharmaceutical & biotechnology companies segment dominated the market in 2018 due to high preference for this channel of distribution. The segment is likely to sustain its leadership position from 2019 to 2027.

Exosome Technologies Market: Regional Analysis

In terms of region, the global exosome technologies market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2018 and is projected to constitute significant market share during the forecast period. The market in the region is anticipated to grow at a rapid pace due to increase in geriatric population, rise in prevalence of chronic diseases such as cancer and cardiovascular diseases, technological advancements, and surge in acceptance of these technologies in the region. The market in Asia Pacific is expected to expand at a high CAGR in the next few years, driven by technological advancements, increase in research spending, and improvement in health care infrastructure in developing countries.

Exosome Technologies Market: Competitive Landscape

Major players operating in the global exosome technologies market include Thermo Fisher Scientific, Inc., Danaher, Fujifilm, Lonza, Illumina, Inc., Qiagen, Takara Bio Company, Exocome Diagnostics, and ExoCan Healthcare Technologies Pvt. Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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