Nucleic acid-based therapeutics are target deficiencies or dysfunctions at the molecular level and are targeted therapies. These are used specifically to target genetic diseases and disorders for which there exists no permanent cure such as thalassemia, sickle cell anemia, hemophilia, cystic fibrosis, diabetes etc.
The global Nucleic Acid-based Therapeutics Market is expected to reach around USD 741.98 million by the end of the forecast period and is expected to grow at a CAGR of ~6.8%.
The critical market driver for nucleic acid-based therapies is the poor cure rates for genetic diseases with traditional drugs. Other market drivers include increasing understanding of the human genetics, growing capabilities of mapping human tissue molecular targets, rising power of software’s to mimic the human molecular entities such as receptors etc.
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The “Nucleic Acid-Based Therapeutics Market” are based on accurate target identification and genetic profiling and the human gene project has formed the backbone of these class of drugs. As such nucleic acid-based medication have one of the most versatile and revolutionary potential.
Nucleic Acid-Based Therapeutics Market Competitive Analysis:
Some of the key players in this market are:
Nucleic Acid-Based Therapeutics Market Segmentation:
Global nucleic acid-based therapeutics market has been segmented on the basis of technology which comprises anti-sense and anti-gene, short inhibitory sequences, gene transfer therapy, nucleoside analogs, ribozymes, aptamers and others.
On the basis of applications; market is segmented into monogenetic disorders which is further sub segmented into thalassemia, sickle cell anemia, hemophilia, cystic fibrosis etc. and multi-genetic disorders which is sub segmented into cancer, diabetes, neurodegenerative diseases, cardiovascular diseases etc.
On the basis of end users; market is segmented into hospitals, academic & research institutes.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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Globally America is the largest market for nucleic acid-based therapeutics. The presence of strong research base, excellent reimbursement scenario, the good provisions for orphan diseases and drugs and the rapid uptake of new drugs and technology are the prime reasons for this dominance. Europe is the second-largest market for nucleic acid-based therapeutics. The developed markets are likely to maintain their leads due to the nonexistence of regulatory framework in the developing and poor regions of the world such as Asia pacific region and Africa.
List Of Tables
TABLE 1 GLOBAL NUCLEIC ACID-BASED THERAPEUTICS MARKET, 2013-2022 (USD MILLION)
TABLE 2 GLOBAL NUCLEIC ACID- BASED THERAPEUTICS MARKET, BY TECHNOLOGY, 2013-2022 (USD MILLION)
TABLE 3 GLOBAL NUCLEIC ACID-BASED THERAPEUTICS MARKET, BY APPLICATIONS, 2013-2022 (USD MILLION)
TABLE 4 GLOBAL NUCLEIC ACID-BASED THERAPEUTICS MARKET, BY END USER, 2013-2022 (USD MILLION)
TABLE 5 GLOBAL NUCLEIC ACID-BASED THERAPEUTICS MARKET, BY REGION, 2013-2022 (USD MILLION)
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