The global oligonucleotide therapeutics market is expected to post a
CAGR of close to 10% over the period 2018-2022, according to the latest
market research report by Technavio.
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Technavio has published a new market research report on the global oligonucleotide therapeutics market from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the increasing
incidence of cancer and infectious diseases is leading to the demand for
novel diagnostics. To accurately detect cancer cells, diagnostic tests
primarily rely on antibody-antigen binding assays which may have a few
limitations such as the inability to detect minor antibodies.
Oligonucleotide therapeutics provide a new class of nucleic acid probes
known as aptamers which are better probes than monoclonal antibodies.
Thus, the rising prevalence of chronic and infectious diseases will lead
to an increase in demand for novel therapies, thus benefitting the
oligonucleotide therapeutics market
This market research report on the global
oligonucleotide therapeutics market 2018-2022 further provides
an analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the increase in M&A as one of the
key emerging trends in the global oligonucleotide therapeutics market:
Global oligonucleotide therapeutics market:
Increase in M&A
The increasing need to improve technical expertise in oligonucleotide
therapeutics has led to an increase in M&A. Players in the market are
engaging in partnerships to encourage the development of innovative
therapies to treat diseases with no treatment options. Increasing M&A
help companies to improve their technical expertise and product
portfolio in the oligonucleotide therapeutics market, thereby raising
the availability of products during the forecast period.
“Research companies and pharmaceutical companies make significant
investments in drug development to provide advanced treatment options
for patients. M&A help companies to pool their resources in terms of
technical skill, knowledge, prospective markets and funding to optimize
product development,” says a senior analyst at Technavio for
research on infectious and rare diseases.
Global oligonucleotide therapeutics market:
This market research report segments the global oligonucleotide
therapeutics market by application (neurological disorder, cancer, and
others), by technology (antisense/RNAi and others), and key regions (the
Americas, APAC, and EMEA).
Americas held the highest share of the global oligonucleotide
therapeutics market in 2017, accounting for a market share of around
40%, followed by EMEA and APAC respectively. The market share of EMEA is
expected to witness the maximum increase during the forecast period,
while the other two regions will see a decline in their market share
over the forecast period.
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challenges, trends, and more.
Some of the key topics covered in the report include:
Five Forces Analysis
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005441/en/