Global Antisense and RNAi Therapeutics Market 2019-2023
About Antisense and RNAi Therapeutics
Antisense and RNAi therapeutics are novel therapeutic options with potential to treat diseases such as chronic liver and cardiovascular diseases, Huntington disease, and even rare diseases.
Technavio’s analysts forecast the Global Antisense and RNAi Therapeutics Market to grow at a CAGR of 8.67% during the period 2019-2023.
Covered in this report
The report covers the present scenario and the growth prospects of the antisense and RNAi therapeutics market. To calculate the market size, the report considers the revenue generated from the application of antisense and RNAi therapeutics across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Antisense and RNAi Therapeutics Market 2019-2023
Technavio recognizes the following companies as the key players in the global antisense and RNAi therapeutics market: Alnylam Pharmaceuticals, Bausch Health, and Biogen, and Sarepta Therapeutics.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing potential to address multiple therapy areas. Antisense and RNAi therapeutics can regulate the expression of genes inside the cells and they are known to have enough potential to address multiple therapy areas.”
According to the report, one driver influencing this market is the high target affinity and specificity of RNAi therapeutics. The global antisense and RNAi therapeutics market is expected to witness a speedy growth owing to rising adoption of antisense and RNAi therapeutics as an effective option for the treatment of many deadly diseases such as cancers and HIV-AIDS.
Further, the report states that one challenge affecting this market is the high price of RNAi drugs. RNAi drugs provide their worth, but at the same time, their exorbitant price makes them unaffordable for a wide variety of patients, which may impede the growth of the market.
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