Recently published study by Fact.MR opines that, the aptamer market would progress at an impressive pace, at a CAGR of 21% during the forecast period (2020-2025).
Rockville, United States – December 4, 2019 /MarketersMedia/ —
With a fixated viewpoint concerning the global aptamer market, it is examined that application benefits are currently restricted to the pharmaceutical industry. However, intense research & development initiatives carried out by leading players active in the aptamer market are likely to widen existing usage of these neoteric molecules, thereby creating smooth market opportunities. Furthermore, enhanced properties of aptamers are projected to play a critical role in environmental monitoring as well as quality control applications centered at the agriculture industry, as mentioned in this newly published Fact.MR report titled “Aptamer Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2020 to 2025”.
According to research findings, the application of aptamers are likely to expand across the food and beverage industry as biosensors so as to ensure the quality of products. Looking at all such favorable influences, it is assessed that the global aptamer market is anticipated to progress at an inspiring CAGR growth rate of 21% during the forecast period (2020-2025).
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Concentrated Research Actions in North America Set to Motivate Aptamer Market Growth
Presently, North America enjoys its lead in the aptamer market which is powered by the early-bird’s advantage of progressive technology that manufacturers are unloading in the region. It should be noted that, continuous development in the research & development of therapeutics as well as diagnostics equipment commenced by research institutes is likely to escalate demand for aptamers. Hence, there is higher lucrativeness for players operating in North American aptamer market to gain better output in the coming years.
On the other hand, Europe has recently exhibited a marked spike in alertness regarding health issues, thereby divulging strength to the demand for active diagnostic tools that can detect infectious and chronic diseases. Such an advancement is likely to create opportunities for the aptamer market in this region, especially from the biotechnology industry.
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SELEX to Uphold Leading Status as Preferred Aptamer Selection Technique
Based on research insights, SELEX technique will maintain its position as the vital aptamer selection process during the stated forecast period, with an estimated value of around US$ 4.8 billion by 2025-end. Furthermore, other selection techniques such as MARAS and FRELEX are anticipated to give strong competition to SELEX technique in the near future, on account of their fast-track selection process.
Absence of Universal Regulatory Guidelines Causing Subordinate Level of Awareness
Dissimilar to other drugs and diagnostic tools, aptamers do not possess a standard regulatory standard focused at safety and quality. However, the approval process remains highly rigorous across developed regions like North America and Europe. For example, to start clinical trials for aptamers in Europe, there is a dreary documentation process, but lacks oligonucleotide specific guidelines so as to authenticate their general quality requirements.
On the other hand, the story is slightly twisted in Asia Pacific and the Middle East & Africa, where there is low level of awareness associated to these molecules. Looking at the circulating conditions, lack of universal regulatory norms in these regions is limiting the penetration of aptamers to some level.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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Name: James Hilton
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Organization: Fact.MR
Website: https://www.factmr.com/
Source: MarketersMedia
Release ID: 88937469
