The North America RNAi therapeutics market is expected to reach US$ 598.60 million in 2027 from US$ 302.77 million in 2019. The market is anticipated to grow at a CAGR of 9.0% during 2019–2027.The growth of the market is attributed to some key driving factors such as growing investments in RNAi therapies and rising prevalence of infectious diseases & chronic conditions. However, , high cost of RNAi therapy development is expected to obstruct the growth of the market to a certain extent during the forecast years.
RNA interference (RNAi) is a vital biological process in which RNA molecules inhibit gene expression or translation, by neutralizing targeted mRNA molecules. RNAi is an essential research tool in cell culture and living organisms because synthetic dsRNA introduced into cells can induce the suppression of specific genes of interest. RNAi may be used for large-scale screens that orderly shutdown each gene in the cell, which can help to know the components necessary for a particular cellular event such as cell division. The pathway is also used as a practical tool in medicine, biotechnology, and insecticides.
North America RNAi Therapeutics Strategic Insights
Strategic insights for the North America RNAi Therapeutics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
NORTH AMERICA RNAI THERAPEUTICSMARKET SEGMENTATION
The geographic scope of the North America RNAi Therapeutics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Diagnostic Laboratories, Research & Academic Labs, Hospitals
Regions Covered
North America (US, Canada, Mexico)
Key Companies
Alnylam, Arrowhead, Quark, Rexahn, Arbutus
Key Market Segments
In terms of molecule type, the small interfering RNAs (siRNA) segment accounted for the largest share of the North America RNAi therapeuticsmarket in 2019.In terms of route of administration, the pulmonary delivery segment accounted for the largest share of the North America RNAi therapeuticsmarket in 2019.In terms of application, oncology segment accounted for the largest share of the North America RNAi therapeuticsmarket in 2019.In terms of end user, research and academic laboratoriessegment accounted for the largest share of the North America RNAi therapeutics market in 2019
Major Sources and Companies Listed
Several major primary and secondary sources associated with the North America RNAi therapeuticsmarket report are theWorld Health Organization (WHO), National Cancer Institute (NCI),Centers of Disease Control and Prevention (CDC),Asthma and Allergy Foundation of America,American Lung Association,the American Cancer Society (ACS), and others.
Reasons to buy report
It provides understanding of the North America, RNAi therapeuticsmarket landscape and identifies RNAi therapeuticsmarket segments that are most likely to guarantee a strong return.
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It helps efficiently plan merger and acquisition, and partnership deals in the RNAi therapeuticsmarket by identifying market segments with the most promising probable sales
It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis ofRNAi therapeuticsmarket performance of various segments pertaining to the North America RNAi therapeuticsmarket.
It providesRNAi therapeuticsmarket revenue forecast of the market based on various segments for the period from 2019 to 2027.