Published Date: 2019-06-20 | Pages: Ongoing | Tables: Ongoing | Report ID: 7254
Industry: Life Science
Exosomes are nanosized vesicles that are released from cells. They are capable of transferring MicroRNAs (miRNAs), proteins, and Messenger RNA (mRNA) between the cells. Exosomes therefore represents a potential means of intercellular communication. The global exosome diagnostics and therapeutics market will grow at a significant rate over the forecast period. Exosomes are one of the emerging markets for diagnosing cancer. The research report features of a complete quantitative and qualitative assessment of the global market. It analyzes the important prospects and evaluates market participants across the industry.
Global Exosome Diagnostics and Therapeutics Market: Drivers and Restraints
The growing occurrence of chronic diseases such as cancer and its need for diagnosing and screening is one of the key factors that influencing the growth of the market in the forthcoming years. The increasing potential of exosomes as carriers of functional proteins and RNA are expected to fuel the demand for exosome diagnostics and therapeutics. This is because as exosomes diagnostics and therapeutics are mainly use in the drug delivery field. Rising support from governments and regulatory bodies with respect to research grants and funding has created a positive impact on the growth of the market.
In addition, technological advancements also help to advance exosome-based products and exosome isolation for new applications. Formulation of policies and subsidy provisions from several governments have stimulated the research and development activities in exosome diagnostics and therapeutics. This led to increasing in the demand for the same.
However, the high cost of investment in the research and development activities and the lack of standardization and validation in isolation of exosomes are likely to hamper the growth of the market in the coming years.
Global Exosome Diagnostics and Therapeutics Market: Forecast by segments
The global market is segmented on the basis of product, application, and end-use.
The instrument segment is expected to grab a remarkable market share due to its frequent use in the healthcare facilities for the isolation of exosomes.
● Diagnostic Center
● Cancer Institute
Previously, the cancer segment held the largest market share in the exosomes and diagnostic therapeutics and is likely to hold the largest market share over the forecast period.
North America is likely to capture significant market share in the near future due to the growing number of cancer patients in the region. Asia Pacific is also expected to be the fastest-growing region for exosomes diagnostic and therapeutic market. This is due to the increasing awareness for advanced and innovative applications for exosomes and diagnostic therapeutics.
Global Exosome diagnostics and therapeutics market: Key Players
Some of the top players operating in the global market are Immune Therapy Holdings AB, Aethlon Medical, Inc., ReNeuron Group plc, Exosome Diagnostics Inc., Therapeutic Solutions International, Inc., NanoSomix Inc., Biotechnology Limited, Thermo Fisher Scientific Inc., Capricor Therapeutics, Exiqon A/S, Malvern Instruments Ltd., Sistemic Inc., System Biosciences Inc., and NX Pharmagen.
Companies are expected to focus on mergers and acquisitions to gain a competitive edge in the market. For instance, in June 2018, Bio-Techne Corporation announced its plans to acquire Exosome Diagnostics. The transaction is expected to reach completion by July or August 2019. This acquisition will give Bio-Techne Corporation full access to the revolutionary technologies developed by Exosome Diagnostics, giving the acquirer a chance to make its mark in the AR-T cell marketplace. Many companies are expected to give emphasis to diagnostic signatures to gain attention.
Global Exosome Diagnostics and Therapeutics Market: Research Methodology
QY Research includes a strategic analysis such as 360-degree analysis, Porter’s five force analysis, and key buying criteria. The research analyst provides a clear snapshot of the industry and also presents a study of the regulatory framework defining the progress of global market for exosome diagnostics and therapeutics. The team of analysts presents a geographical outlook on the niche sub-markets by analyzing the trends via PESTEL method. The report also highlights the key companies within each region and their strategies to compete in the market. The research analysts are constantly working observing market trends for new opportunities, which can influence the existing industry process.
Reasons to Buy this Report
● For exclusive data about the global exosome diagnostics and therapeutics market in our latest research report.
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● For valuable insight into manufacturers, capacity, production, revenue, market share, and recent development.
● For identifying significant trends, drivers, influence factors in global, and regions.
NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.
Life sciences is a wide branch of study that is gradually becoming an integral industry to the global economics. QYR Consulting looks at the steady transformation of the life sciences industry and its impact on the subindustries such as medical care, pharmaceutical, and medical devices. Our team of esteemed analysts have put together reports to analyze the monumental changes life sciences is expected to bring in the overall healthcare industry. These reports identify the exact turning points for the industry and open up a platform for discussing its growth.
QYR Consulting brings to you a structured analysis of the technological advancements so far, vision of the players in the industry, and the strategies they are likely to use to make their mark. The reports dissect various components of the life sciences industry to scrutinize the influential factors. To help the readers make profitable business decisions, analysts have highlighted the lucrative investment areas and upcoming business opportunities.
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