The global nucleic acid therapeutics market was valued at USD 4.26 Billion in 2024 driven by advancements in genomic technologies across the globe. It is projected to grow at a CAGR of 12.84% during the forecast period of 2025-2034 and attain a market value of USD 14.26 Billion by 2034 .
Nucleic Acid Therapeutics Market Overview
Nucleic acid therapeutics utilize either synthetic or natural nucleic acids to control gene expression and address multiple ailments. ASOs, siRNAs, miRNAs, aptamers, and CRISPR/Cas9 are some of the common technologies used in this treatment. They provide a focused method for managing diseases, enabling accurate genetic intervention, particularly helpful for diseases with identifiable genetic causes like rare genetic disorders, cancers, and viral infections.
Nucleic Acid Therapeutics Market Growth Drivers
Increasing Prevalence of Genetic Disorders and Chronic Diseases Boost the Market Growth
The rising prevalence of genetic disorders, and other diseases, such as cystic fibrosis, muscular dystrophy, cancer, cardiovascular diseases, metabolic syndrome, and others are the primary factors boosting the market growth. Aberrations of DNA sequences and gene expression are often observed in these indications, for which nucleic acid therapies are a suitable solution, providing effective treatment to a wider section of the population. This is leading to an increased application of nucleic acid therapeutics, intended to combat the burden of rising morbidities.
Advancements in Genomic Technologies and Personalized Medicine to Meet Rising Nucleic Acid Therapeutics Market Demand
Advanced technologies in nucleic acid therapeutics include NGS, CRISPR/Cas9 gene editing, and bioinformatics which has further advanced the progress of these therapeutics. This makes it easier to diagnose the mutation in genes and get the right treatment for the individuals affected. The market growth is driven by the increasing demand for personalized treatments, where treatments and medications are based on a person’s genetic profile.
Increase in Clinical Trial and Research Initiatives
In August 2023, CureVac N.V. and GSK initiated a Phase 2 trial in Australia for their single and double-modified mRNA COVID-19 vaccine candidates. The study's goal is to evaluate the safety, reactogenicity, and immune responses in 415 healthy adults after successful Phase 1 results for a comparable vaccine designed for the omicron BA.1 variant.
In March 2022, Moderna, Inc. tested an experimental HIV trimer mRNA vaccine (mRNA-1574) in around 100 HIV-negative adults in a Phase 1 clinical trial. The NIAID-sponsored trial within the NIH aimed to evaluate the safety and immunogenicity of the vaccine. An NIAID grant funded the development of the vaccine, with assistance from Scripps Research and IAVI.
Nucleic Acid Therapeutics Market Trends
Several trends and developments are being observed in the market to enhance the current situation. Some of the noteworthy trends are as follows:
Integration with Nanotechnology Enhancing Market Growth
Nanotechnology is expanding the market through improvements in the delivery, stability, and performance of nucleic acid therapeutic agents. The use of lipid nanoparticles for delivery of siRNAs and mRNA vaccines in order to resist the degradation of nucleic acids is amongst the major market trends.
Expanding Applications in Oncology Boosting Market Adoption
Nucleic acid therapeutics are being increasingly employed in oncology because they can address specific cancer-related genes and signaling cascades. Techniques like antisense oligonucleotides, small interfering RNA (siRNAs), and CRISPR/Cas9 are being employed to silence oncogenes and related mutations. Such advancements are anticipated to revolutionize precision oncology, by offering personalized treatments.
Regulatory Approvals and Collaborations Enhancing Market Expansion
The nucleic acid therapeutics market is expanding due to the approval and collaborations through existing agencies such as the FDA and EMA. New drugs include Spinraza, a spinal muscular atrophy treatment, and Onpattro for transthyretin-mediated hereditary amyloidosis. These affiliations are expected to enhance the rate of development of more therapies and innovation. In September 2022, Alnylam Pharmaceuticals received the marketing approval for AMVUTTRA by the European Commission. It is an RNAi therapy for adults with stage 1 or 2 polyneuropathy caused by hereditary transthyretin-mediated amyloidosis. The authorization comes after promising 18-month findings from the HELIOS-A Phase 3 trial, with more than half of patients experiencing a stop or improvement in polyneuropathy symptoms. AMVUTTRA provides subcutaneous administration every three months or possibly twice a year.
Increasing Investment in Research and Development Driving Market Growth
The market is growing because of increased funding for research and development. There is a focus on investing in the development and identification of new drugs by pharmaceutical enterprises, biotechnology businesses, and educational establishments. It is also supported by government funding and grants for such enhancing initiatives and holds great promise for genetic disorders, cancers, chronic diseases, and others.
Nucleic Acid Therapeutics Market Segmentation
Nucleic Acid Therapeutics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
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