RNA Therapeutics would attain a value of $1.2 billion by 2020 with 28.4% CAGR during the forecast period (2014 – 2020)
Potland, Oregon (PRWEB UK) 10 November 2014
Big Market Research published a report titled "RNA Therapeutics Market (technology, applications, end user and geography) - Industry Analysis and Forecast, 2013 – 2020." As per the report, the market for RNA Therapeutics would attain a value of $1.2 billion by 2020 with 28.4% CAGR during the forecast period (2014 – 2020).
RNA therapeutics would have a significant impact on the pharmaceutical industry worldwide due to the capability to provide effective solutions in the treatment of chronic disorders such as AIDS, cancer and rare genetic disorders along with some cardiovascular diseases.
To get full access of report visit at http://www.bigmarketresearch.com/RNA-based-therapeutics-market
Expected healthcare savings, rising efforts to offer innovative delivery technology by global pharmaceutical giants and grant and support from numerous private & public institutions would fuel up global RNA therapeutics market growth. Furthermore, there is an increase in the investment for Research and Development by numerous firm for RNA based drugs, which contributes to the growth of the market.
As a result of intensive research, many pharmaceutical firms have developed enhanced RNA methods, which pushes the growth of the global RNA therapeutics market. For example, NIH- National Institute of Health of U.S.A, offers monetary support to develop RNA techniques that ultimately helps the market to grow.
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RNA antisense and RNA interference technology (RNAi) are enabled technologies that would lead the RNAi technological segment during the forecast period. In terms of application, oncology would be the leading segment. In terms of geographical application segment, North America hold the maximum market share; however, Asia Pacific would grow at a significant pace during the estimated time.
The report offers holistic information on key companies operation in the market. It tells about various market strategies and investment plans of such companies to understand their influence on the global RNA Therapeutics market. Many such big Pharma giants are looking for opportunistic market to increase their growth and profitability. The drug delivery issue, which hinders the market growth would be successfully addressed by such companies during the forecast period. The companies are listed below:
- Alnylam Pharmaceuticals, Inc.
- Benitec Biopharma Limited
- Cenix BioScience GmbH
- Dicerna Pharmaceuticals, Inc.
- Genzyme Corporation
- ISIS pharmaceuticals Inc.
- Quark Pharmaceuticals, Inc.
- Silence Therapeutics PLC
- Tekmira Pharmaceuticals Corp
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