North America RNAi Therapeutics Market Size, Share, Comprehensive Analysis, Opportunity Assessment by 2030
Market Introduction - North America RNAi Therapeutics Market
RNA interference (RNAi) is a critical biological mechanism
where RNA molecules inhibit gene expression or translation by neutralizing
targeted mRNA molecules. This process has become an indispensable tool in
biological research, enabling scientists to silence specific genes in cell
cultures and living organisms. RNAi is widely used in large-scale genetic
screens to identify genes essential for specific cellular processes, such as
cell division. Beyond research, RNAi has significant applications in medicine,
biotechnology, and even insecticide development.
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Market Overview and Dynamics
The North America RNAi therapeutics market is poised for
substantial growth, projected to increase from US 302.77 million in 2019
to US 302.77 million in 2019 to US 598.60 million by 2027,
growing at a CAGR of 9.0% during the forecast period. Key
drivers of this growth include:
- Increasing
investments in RNAi therapies: Significant funding from both public
and private sectors is accelerating the development of RNAi-based
treatments.
- Rising
prevalence of chronic and infectious diseases: The growing burden of
diseases such as cancer, cardiovascular disorders, and respiratory
conditions is driving demand for innovative therapies like RNAi.
However, the market faces challenges, primarily the high
cost of RNAi therapy development, which may hinder growth to some extent.
Key Market Segments
- By
Molecule Type:
- Small
Interfering RNAs (siRNA): Dominated the market in 2019, owing to
their widespread use in therapeutic applications.
- MicroRNA
(miRNA): Also a significant segment, with growing research into its
regulatory roles.
- By
Route of Administration:
- Pulmonary
Delivery: Held the largest market share in 2019, favored for its
non-invasive nature and efficiency in targeting respiratory diseases.
- Intravenous
Injections: Commonly used for systemic delivery of RNAi therapeutics.
- Intradermal
and Intraperitoneal Injections: Emerging as alternative delivery
methods.
- By
Application:
- Oncology:
The largest segment in 2019, driven by the high prevalence of cancer and
the potential of RNAi to target specific oncogenes.
- Cardiovascular,
Respiratory Disorders, Renal Diseases, Genetic Disorders,
Neurodegenerative Disorders, and Infectious Diseases: Other key
application areas.
- By
End User:
- Research
and Academic Laboratories: Accounted for the largest share in 2019,
reflecting the extensive use of RNAi in basic and applied research.
- Hospitals
and Diagnostic Laboratories: Growing adoption of RNAi-based
diagnostics and therapies.
- By
Country:
- US:
The largest market in North America, driven by advanced healthcare
infrastructure and significant R&D investments.
- Canada
and Mexico: Emerging markets with increasing adoption of RNAi
technologies.
Major Sources and Companies Listed
Key organizations and companies influencing the North
America RNAi therapeutics market include:
- World
Health Organization (WHO)
- National
Cancer Institute (NCI)
- Centers
for Disease Control and Prevention (CDC)
- Asthma
and Allergy Foundation of America
- American
Lung Association
- American
Cancer Society (ACS)
Leading Companies:
- Alnylam
Pharmaceuticals, Inc.
- Arrowhead
Pharmaceuticals, Inc.
- Quark
- Rexahn
Pharmaceuticals, Inc.
- Arbutus
Biopharma
Reasons to Buy the Report
- Market
Landscape Understanding: Gain insights into the North America RNAi
therapeutics market and identify high-growth segments.
- Competitive
Advantage: Stay ahead by understanding the evolving competitive
landscape.
- Strategic
Planning: Identify promising market segments for mergers,
acquisitions, and partnerships.
- Informed
Decision-Making: Utilize comprehensive analysis to make data-driven
business decisions.
- Revenue
Forecasts: Access detailed revenue forecasts for various market
segments from 2019 to 2027.
North America RNAi Therapeutics Market Segmentation
By Molecule Type
- Small
Interfering RNAs (siRNA)
- MicroRNA
(miRNA)
By Route of Administration
- Pulmonary
Delivery
- Intravenous
Injections
- Intradermal
Injections
- Intraperitoneal
Injections
- Others
By Application
- Oncology
- Cardiovascular
- Respiratory
Disorders
- Renal
Diseases
- Genetic
Disorders
- Neurodegenerative
Disorders
- Infectious
Diseases
- Others
By End User
- Research
and Academic Laboratories
- Hospitals
- Diagnostic
Laboratories
By Country
- US
- Canada
- Mexico
Company Profiles
- Alnylam
Pharmaceuticals, Inc.: A pioneer in RNAi therapeutics, known for its
innovative siRNA-based treatments.
- Arrowhead
Pharmaceuticals, Inc.: Focused on developing RNAi therapies for
intractable diseases.
- Quark:
Specializes in RNAi-based drug discovery and development.
- Rexahn
Pharmaceuticals, Inc.: Engaged in developing novel RNAi therapies for
cancer and other diseases.
- Arbutus
Biopharma: A leader in RNAi delivery technologies and therapeutics.
North America RNAi Therapeutics Strategic Insights
The strategic insights for the North America RNAi
therapeutics market provide a data-driven analysis of the industry landscape,
including:
- Current
Trends: Identifying emerging trends and their implications for market
growth.
- Key
Players: Analyzing the competitive landscape and strategies of leading
companies.
- Regional
Nuances: Understanding market dynamics across the US, Canada, and
Mexico.
These insights offer actionable recommendations, enabling
stakeholders to:
- Identify
Untapped Segments: Discover niche markets with high growth potential.
- Develop
Unique Value Propositions: Differentiate from competitors by
leveraging data-driven insights.
- Anticipate
Market Shifts: Stay ahead of industry changes and position for
long-term success.
By leveraging these strategic insights, stakeholders can
make informed decisions that drive profitability and achieve their business
objectives in the dynamic North America RNAi therapeutics market.
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Akshay
Senior Market Research Expert at Business Market Insights
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