RNAi Therapeutics Market Would Rocket up to USD 1645.76 Million by 2030

PRESS RELEASE
Published July 24, 2023

Global RNAi Therapeutics Market report provides CAGR values along with its fluctuations for the definite forecast period. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary validation. It saves valuable time as well as adds credibility to the work that is performed to grow business. Even Global RNAi Therapeutics Market analysis report is all-inclusive of the data which includes market definition, classifications, applications, engagements, market drivers and market restraints that are derived from SWOT analysis.

According to the World Health Organization estimates that cancer caused 9.6 million deaths in 2018 and is the second-highest cause of death worldwide. About 1 in 6 fatalities worldwide are caused by cancer. Over the following two decades, there will likely be a 70 percent increase in new cases. Additionally, recent developments have made it possible to overcome this barrier and facilitate the clinical use of RNAi-based therapeutics for cancer treatment.

Data Bridge Market Research analyses that the RNAi therapeutics market which was USD 807.99 million in 2022, would rocket up to USD 1645.76 million by 2030, and is expected to undergo a CAGR of 9.3% during the forecast period 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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A brand-new class of drugs based on ribonucleic acid is known as RNA therapies (RNA). Target mRNA molecules are neutralized during the biological process known as RNA interference, and RNA molecules are then shown to impede gene expression or translation. Additionally, RNA interference (RNAi) is a group of short RNA-directed processes that inhibits the expression of genes in a sequentially-specific manner.

Opportunities

  • Increasing use of RNAi therapeutics

Increasing usage of RNAi therapeutics for the treatment of neurodegenerative disorders is expected to create new opportunities for the market. For instance, Silence Therapeutics’ mRNAi GOLD platform is designed to deliver gene-silencing medicine to specific liver cells in the body by combining siRNA molecules with chemical address tags called GaINAc, a naturally occurring sugar that binds specifically to liver cells. These RNAi molecules can then enter liver cells and silence disease-associated genes that are expressed there.

Restraints/Challenges

  • High investment and strict regulations

FDA drug approval rates have been declining in recent years. Obtaining FDA approval for a new drug has become extremely difficult. It has approved fewer than half as many new drugs in 2016 (19 so far) as it did in 2015 (45 total) and 2014. (41 total). As a result, despite large investments, the number of innovative drugs manufactured has decreased. The FDA cites manufacturing standards and other compliance issues as the primary causes of this downward trend. This can hamper the growth of RNAi therapeutics, especially since miRNAs and siRNAs fall into the relatively new field of genetic medicine, which may necessitate more intensive clinical trials.

This RNAi therapeutics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the RNAi therapeutics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • On February 26, 2020, The Brazilian Health Regulatory Agency (ANVISA) approved ONPATTRO for treating hereditary transthyretin-mediated (hATTR) amyloidosis in adults, according to a prominent company’s announcement.
  • In June 2020, OliX Pharmaceuticals and LGC Biosarch Technology agreed to quicken the manufacturing of asymmetric siRNA for treating wet macular degeneration and subretinal fibrosis.

Some of the major players operating in the RNAi therapeutics market are:

  • Quark Software Inc. (U.S.)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Rexahn Pharmaceuticals, Inc. (U.S.)
  • Silence Therapeutics (U.K.)
  • Arbutus Biopharma (U.S.)
  • Benitec Biopharma (Australia)
  • GSK plc (U.K.)
  • OLIX PHARMACEUTICALS, INC. (South Korea)
  • Sanofi (France)
  • Alnylam Pharmaceuticals, Inc. (U.S.)
  • Moderna Inc. (U.S.)
  • Ionis Pharmaceuticals (U.S.)

To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@  https://www.databridgemarketresearch.com/reports/global-rnai-therapeutics-market?Shri 

RNAi Therapeutics Market Scope

Molecule Type

  • Small Interfering RNAS
  • Microrna

Application

  • Genetic Disorder
  • Oncology
  • Neurodegenerative Disorder
  • Cardiovascular Disorder
  • Respiratory Disorder
  • Infectious Disease
  • Renal Disease
  • Other

 Route of Administration

  • Intradermal Injections
  • Pulmonary Delivery
  • Intravenous Injections
  • Intraperitoneal Injections
  • Others

End-User

  • Diagnostic Laboratories
  • Research and Academic Laboratories
  • Hospitals

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Top Key Topics Covered:

  1. Strategic Imperatives
  • Factors Creating Pressure on Growth
  • The Strategic Imperative
  • Growth Opportunities Fuel the Growth Pipeline Engine
  • Research Methodology
  1. Scope and Segmentation
  • Research Context and Scope of Analysis
  • Segmentation
  • Other Techniques for This Research Report Management
  1. Growth Opportunity Analysis
  • Growth Drivers
  • Growth Restraints
  1. Introduction
  • The Impact of the COVID-19 Pandemic and Post
  • Future Growth
  1. Innovation Ecosystem

Continued…

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-rnai-therapeutics-market&Shri

Some of the Most Important Questions Scrutinized in the Business Intelligence Report:

  • What are the key growth parameters for this global market during the forecast period?
  • Which key players are expected to hold the largest market share over the forecast period?
  • Who are the leading vendors and manufacturers in this market?
  • What are the key strategies adopted by leading players in the market for business development and geographical expansion?
  • Which end-use industries can trigger high demand in the market over the forecast period?
  • What are the key segments in this market?
  • Which regional player will have anticipated leading the global market in terms of size?
  • What is the impact of the novel coronavirus pandemic?
  • Which obstacles must new players overcome in order to occupy a major position?

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