Article -> Article Details
Title | Nucleic Acid Therapeutics CDMO Market Potential growth, Major Strategies, Trends And Forecast 2030 |
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Category | Business --> Business Services |
Meta Keywords | Nucleic Acid Therapeutics CDMO Market, Nucleic Acid Therapeutics CDMO Market report, Nucleic Acid Therapeutics CDMO industry |
Owner | bis swati |
Description | |
In the past decade, there has been a vast increase in the amount of gene sequence information that has the potential to revolutionize the way diseases are categorized and treated. Traditional diagnoses, largely anatomical or descriptive in nature, are likely to be superseded by the molecular characterization of the disease. The fact that certain genes drive key disease processes will also enable the rational design of gene-specific therapeutics. Antisense oligonucleotides represent a technology that can play multiple roles in this process. Further, at present, there are 16 nucleic acid therapies approved by the FDA and EMA and many more in the pipeline implying the reliance and acceptance over the usage of such therapies in the market. The completion of human genome sequencing and the elucidation of the molecular pathways that are critical in the disease molecule interaction have offered an unprecedented opportunity and growth for the development of nucleic acid-based therapeutics. However, to keep with the manufacturing and development of such therapies, the pharmaceutical companies have established partnerships with the contract development and manufacturing company (CDMO) which are the viable alternatives to the in-house development of the drugs. Moreover, the success of the respective business model has also led these CDMOs to become an integral part of such pharmaceutical companies’ value chain. The increasing willingness to outsource drug development to the CDMOs, and the rising need for pharmaceuticals have resulted in the expansion of the global market for nucleic acid therapeutics CDMO. Market Segmentation Competitive LandscapeThe exponential rise in the application of nucleic acid therapeutics CDMO market on the global level has created a buzz among companies to invest in the manufacturing of nucleic acid-based therapies. In the past five years (July 2017-July 2021), the nucleic acid therapeutics CDMO market witnessed approximately 31 notable key developments. These included one product launch, two regulatory and legal activities, three mergers and acquisitions, 24 synergistic developments (partnerships, collaborations, agreements, and business expansion activities). On the basis of region, North America holds the largest share within the nucleic acid therapeutics CDMO manufacturing due to improved healthcare infrastructure, rise in per capita income, and improvised reimbursement policies in the region. Apart from this, Latin America and the Asia-Pacific region are anticipated to grow at the fastest CAGR during the forecast period of 2021-2030. Global Nucleic Acid Therapeutics CDMO Market, Market Dynamics![]() Rising Approvals of Nucleic Acid Therapeutics
Key Companies ProfiledAgilent Technologies, Inc., Ajinomoto Co. Inc., Bachem Holding AG, Biospring GmbH, Corden Pharma International, Danaher Corporation, Guangzhou Ruibo Biotechnology Co., Ltd., KNC Laboratories Co., Ltd., LGC Limited, Merck KGaA, Nippon Shokubai Co., Ltd., Nitto Denko Avecia Inc., QIAGEN N.V., ST Pharm Co Ltd, Sumitomo Chemical Co., Ltd., Syngene International Limited, Thermo Fisher Scientific Inc., Wuxi AppTec, Yamasa Corporation Key Questions Answered in this Report:• What are the different types of nucleic acid therapies available in the global nucleic acid therapeutics CDMO market? Request Free Sample - https://bisresearch.com/requestsample?id=1174type=downloadThe report scope constitutes an in-depth study of the global nucleic acid therapeutics CDMO market, including a thorough analysis of the types of products offered. The study also presents a detailed analysis of the market dynamics and the estimation of the market size, including a forecast till 2030. The scope of this report is focused on different types of product chemical synthesis methods, end-users, regions, and country-wise analysis. BIS Related Studies |