Aptamers Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.79 Billion |
Market Size (2029) | USD 3.52 Billion |
CAGR (2024 - 2029) | 14.49 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Aptamers Market Analysis
The Global Aptamers Market size is estimated at USD 1.79 billion in 2024, and is expected to reach USD 3.52 billion by 2029, at a CAGR of 14.49% during the forecast period (2024-2029).
Some of the factors that are driving the market growth include the high advantage of aptamers compared to antibodies, advancements in the field of aptamer development technologies, and growing investment in companies and research institutes.
Numerous advantages offered by these small molecules in comparison to established antibodies have also led to higher demand for these molecules across a diverse range of medical applications. They are chemically synthesized, which eliminates batch-to-batch variation and demands less time for development. Along with this, continuous advancement in technologies is expected to stimulate market growth. According to a research study published in Nature Review in June 2024, aptamers provide distinct advantages, such as reduced production costs, enhanced thermal stability, and an extended shelf life. In contrast to antibodies, which often face batch-to-batch variability and demand intricate production methods involving animals, aptamers can be swiftly and consistently synthesized using in vitro techniques like SELEX (Systematic Evolution of Ligands by Exponential Enrichment). Furthermore, aptamers exhibit remarkable flexibility and adaptability, enabling them to bind to a diverse array of targets, from small molecules to proteins. Their compact size not only facilitates improved tissue penetration but also minimizes toxicity. Thus, such benefits associated with aptamers over the antibodies are expected to increase its demand over the forecast period.
The market players are adopting various strategies, such as product launches, developments, collaborations, partnerships, and expansions, to increase their market share. For instance, in June 2023, Zentek Ltd. announced that its aptamer platform, globally licensed exclusively from McMaster University Canada showed promise as a potential prophylactic or therapeutic for SARS-CoV-2 in pre-clinical animal models. In multiple trials, the aptamers, developed by Dr. Yingfu Li, exhibited comparable efficacy against SARS-CoV-2 when measured against a commercial monoclonal antibody.
Thus, all the aforementioned factors are expected to boost the market over the forecast period. However, unfavorable pharmacokinetic properties of aptamers, a low awareness level, and incomplete regulatory policies may hamper the overall market growth.
Aptamers Market Trends
Diagnostics Segment is Expected to Witness a Healthy Growth Rate Over the Forecast Period
Accurate diagnosis is critical in treating diseases, particularly viral ones. In recent years, the global demand and application of aptamer technology have surged. Aptamers are being explored for various diagnostic and therapeutic uses, especially in strategies targeting virus proteins.
Aptamers, recognized as versatile biological probes, show promise as sensitive and specific biosensors. Leveraging aptamers as diagnostic tools can lead to the development of rapid, sensitive, cost-effective, and user-friendly diagnostics for small clinical samples. A study published in the MDPI Journal in May 2022 highlighted the use of aptamers in detecting cancer cells. Beyond cancer cell detection, aptamers can identify various cancer metabolites, chemicals that differentiate cells, compounds affecting tumor activity, and key cancer biomarkers. One of the predominant techniques in cancer diagnosis is the use of aptamer-nanoparticle (Apt-NP) conjugates.
Furthermore, research published in Springer Nature Link in January 2023 noted the rising popularity of aptamer-based biosensors in point-of-care testing (POCT). These biosensors offer advantages like quicker results, cost savings, and user-friendliness over traditional methods. Their applications span cancer detection and diagnosing infectious diseases. The adaptability of aptamers allows their incorporation into sophisticated detection systems, including microfluidic devices and electrochemical sensors, amplifying their diagnostic potential. This ongoing research highlights the transformative role of aptamers in diagnostics across medical fields, suggesting a continued rise in their demand and segment growth.
Given these factors, the increasing adoption of aptamers in diagnostics of cancer and point-of-care diagnosis is poised to drive segment growth in the coming years.
North America Holds Significant Share in the Market and Expected to Grow in Forecast Period
North America's aptamer market benefits from rapid technological advancements, substantial investments, and a high concentration of pharmaceutical and biotechnology companies. The United States, in particular, serves as the hub for significant R&D activities focused on aptamers.
In North America, R&D remains the primary application area for aptamers. Research applications not only drive demand but also play a pivotal role in generating market revenues. For example, in February 2024, Basking Biosciences secured USD 55 million in financing. This capital infusion is set to accelerate the clinical development of their innovative thrombolytic therapy for acute strokes. Specifically, Basking intends to prioritize the clinical advancement of BB-031, a trailblazing reversible RNA aptamer. Engineered for rapid action and a short effect duration, BB-031 targets the von Willebrand factor (vWF).
Market players are employing strategies like product launches, mergers, acquisitions, and partnerships, all of which are poised to propel market growth in the coming years. For instance, in July 2024, Aptamer Group partnered with AstraZeneca. Their collaboration aims to evaluate the effectiveness of Optimer's fibrotic liver delivery vehicles in administering small interfering RNA (siRNA). This alliance seeks to explore the potential of Aptamer's non-viral delivery systems, utilizing siRNA from AstraZeneca, especially given the positive results from Aptamer's past projects. Similarly in June 2023, Aptamer Group plc entered into partnership with BaseCure Therapeutics to develop Optimer-targeted gene therapies. Such partnerships focused on developing aptamer therapies and diagnostics are anticipated to drive market growth during the forecast period, as they aim to enhance competitiveness and capture a significant market share.
Given these developments, the North American aptamers market is poised for significant growth in the coming years. The region's robust R&D infrastructure, coupled with strategic collaborations and substantial funding, will likely drive innovation and expand the market's scope. As companies continue to invest in cutting-edge technologies and form strategic alliances, the North American aptamers market is expected to witness sustained growth and maintain its competitive edge globally.
Aptamers Industry Overview
The Aptamers Market is consolidated with the presence of a few major market players. The companies are implementing certain strategic initiatives, such as mergers, new product launches, acquisitions, and partnerships, which help them in strengthening their market position. Some of the market players include Aptagen, LLC, Aptamer Sciences Inc., Base Pair Biotechnologies Inc., Aptamer Group, Aptus Biotech S.L., among others.
Aptamers Market Leaders
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Aptagen, LLC
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Aptamer Sciences Inc.
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Base Pair Biotechnologies Inc.
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Aptamer Group
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Aptus Biotech S.L.
*Disclaimer: Major Players sorted in no particular order
Aptamers Market News
- October 2024: Astellas Pharma Inc. has decided to withdraw its marketing authorization application for avacincaptad pegol intravitreal solution (ACP) from the European Medicines Agency (EMA). ACP is an investigational synthetic aptamer that targets and inhibits the complement C5 protein, and it was being developed for the treatment of geographic atrophy (GA) linked to age-related macular degeneration (AMD).
- October 2023: Zentek Ltd. has established a wholly-owned subsidiary, securing exclusive global licensing rights for all aptamer-based technologies from its collaboration with McMaster University Canada. This licensing deal encompasses both the rapid-detection platform and the newly developed aptamer-based technology, which Dr. Yingfu Li and his team pioneered. Notably, this technology is demonstrating therapeutic potential, as highlighted by ongoing preclinical studies led by Dr. Matthew Miller and his team.
Global Aptamers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 High Advantage of Aptamers, Compared to Antibodies
4.2.2 Advancements in the Field of Aptamer Development Technologies
4.2.3 Growing Investment in the Companies and Research Institutes
4.3 Market Restraints
4.3.1 Unfavorable Pharmacokinetic Properties of Aptamers
4.3.2 Low Awareness Level and Incomplete Regulatory Policies
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Nucleic Acid
5.1.2 Peptide
5.2 By Application
5.2.1 Diagnostics
5.2.2 Therapeutics
5.2.3 Research and Development
5.2.4 Other Applications
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 AM Biotechnologies LLC
6.1.2 Aptagen LLC
6.1.3 Aptamer Sciences Inc.
6.1.4 Aptamer Group
6.1.5 Aptus Biotech S.L.
6.1.6 Base Pair Biotechnologies Inc.
6.1.7 NOXXON Pharma
6.1.8 SomaLogic Inc.
6.1.9 Baush Health Companies Inc.
6.1.10 Maravai Lifesciences (Trilink Biotechnologies)
6.1.11 NeoVentures Biotechnology, Inc.
6.1.12 Vivonics, Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Aptamers Industry Segmentation
As per the scope of the report, aptamers are short, single-stranded DNA or RNA (ssDNA or ssRNA) molecules, that can selectively bind to a specific target, including peptides, proteins, small molecules, carbohydrates, toxins, and even live cells. Aptamers assume various shapes, owing to their tendency to form helices or single-stranded loops. These molecules are extremely versatile and are used to bind targets with high specificity and selectivity. The aptamers market is segmented by type, application, and geography. By type, the market is segmented into nucleic acid and peptide. By application, the market is segmented as diagnostics, therapeutics, research and development, and other applications. By geography, the market is segmented as North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD) for the above segments.
By Type | |
Nucleic Acid | |
Peptide |
By Application | |
Diagnostics | |
Therapeutics | |
Research and Development | |
Other Applications |
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Global Aptamers Market Research Faqs
How big is the Global Aptamers Market?
The Global Aptamers Market size is expected to reach USD 1.79 billion in 2024 and grow at a CAGR of 14.49% to reach USD 3.52 billion by 2029.
What is the current Global Aptamers Market size?
In 2024, the Global Aptamers Market size is expected to reach USD 1.79 billion.
Who are the key players in Global Aptamers Market?
Aptagen, LLC, Aptamer Sciences Inc., Base Pair Biotechnologies Inc., Aptamer Group and Aptus Biotech S.L. are the major companies operating in the Global Aptamers Market.
Which is the fastest growing region in Global Aptamers Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Aptamers Market?
In 2024, the North America accounts for the largest market share in Global Aptamers Market.
What years does this Global Aptamers Market cover, and what was the market size in 2023?
In 2023, the Global Aptamers Market size was estimated at USD 1.53 billion. The report covers the Global Aptamers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Aptamers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Aptamers Industry Report
Statistics for the 2024 Aptamers market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Aptamers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.