Global Nucleic Acid Therapeutics CDMO Market to Reach $4463.7 Million by 2030 – ResearchAndMarkets.com – Business Wire

Posted: October 5, 2021 at 6:34 pm

DUBLIN--(BUSINESS WIRE)--The "Nucleic Acid Therapeutics CDMO Market - A Global and Regional Analysis: Focus on Product, Technology, and End User - Analysis and Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The global nucleic acid therapeutics CDMO market was valued at $1,546.4 million in FY2020 and is estimated to reach $4,463.7 million by 2030.

The completion of human genome sequencing and the elucidation of the molecular pathways that are critical in the disease molecule interaction have offered an unprecedented opportunity and growth for the development of nucleic acid-based therapeutics. However, to keep with the manufacturing and development of such therapies, the pharmaceutical companies have established partnerships with the contract development and manufacturing company (CDMO) which are the viable alternatives to the in-house development of the drugs. Moreover, the success of the respective business model has also led these CDMOs to become an integral part of such pharmaceutical companies' value chain.

The increasing willingness to outsource drug development to the CDMOs, and the rising need for pharmaceuticals have resulted in the expansion of the global market for nucleic acid therapeutics CDMO.

In the past decade, there has been a vast increase in the amount of gene sequence information that has the potential to revolutionize the way diseases are categorized and treated. Traditional diagnoses, largely anatomical or descriptive in nature, are likely to be superseded by the molecular characterization of the disease. The fact that certain genes drive key disease processes will also enable the rational design of gene-specific therapeutics. Antisense oligonucleotides represent a technology that can play multiple roles in this process. Further, at present, there are 16 nucleic acid therapies approved by the FDA and EMA and many more in the pipeline implying the reliance and acceptance over the usage of such therapies in the market.

Market Growth Drivers

Market Challenges

Market Opportunities

Key Questions Answered in this Report:

Key Topics Covered:

1 Markets

1.1 Industry Outlook

1.2 Product Definition

1.3 Global Nucleic Acid Therapeutics CDMO Market Footprint, ($ Million), 2020-2030

1.4 Current Nucleic Acid Therapeutic CDMOs Landscape

1.5 Significant Usage of Nucleic Acid in Therapeutics

1.6 Types of Nucleic Acid Synthesized for Therapeutics

1.7 Market Dynamics

1.7.1 Market Drivers

1.7.1.1 Accelerating Shift of the Pharmaceutical Market Toward Innovative Biologic and Cell and Gene Therapy Products

1.7.1.2 Reduction in Overall Manufacturing Cost at CDMOs

1.7.1.3 Rising Approvals of Nucleic Acid Therapeutics

1.7.2 Restraints

1.7.2.1 Lack of Expertise in Nucleic Acid Manufacturing

1.7.2.2 Supply Chain and Logistical Challenges

1.7.2.3 Difficult Therapeutic Classification Due to Wide Variety of Nucleic Acids

1.7.3 Opportunities

1.7.3.1 Increasing Outsourcing Trend Among Pharmaceutical Companies

1.7.3.2 Accelerating Research and Development Along with Technology

1.7.3.3 Growth in Developing Countries

2 Competitive Landscape

3 Chemical Synthesis Method

4 Technology

5 End-User

6 Products

7 Regions

8 Markets - Competitive Benchmarking & Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/1x5210

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Global Nucleic Acid Therapeutics CDMO Market to Reach $4463.7 Million by 2030 - ResearchAndMarkets.com - Business Wire

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