What Fueled The Previous Growth In The Exosome Technologies Market?
The exosome technologies market has seen considerable growth due to a variety of factors.
•The market size for exosome technologies has seen substantial expansion in the recent past. Expected to rise from $0.07 billion in 2024 to $0.09 billion in 2025, the market will experience a compound annual growth rate (CAGR) of 26.3%.
This substantial growth during the historical period can be linked to advancements in therapy, enhancements in isolation techniques, increased research funding, exploration in regenerative medicine, and the beginning of clinical trials.
What Is The Expected Growth In The Exosome Technologies Market Size?
The exosome technologies market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the exosome technologies market size is predicted to witness remarkable growth, reaching $0.24 billion in 2029 with a compound annual growth rate (CAGR) of 27.8%.
Factors contributing to this surge during the forecast period include advancements in regulatory frameworks, growth in biomedical engineering, increase in clinical trials, development in regenerative medicine, and upscaling of nanotechnology integration. Key trends observed during this period encompass enhancements in therapy, diagnostic applicability, amalgamation of nanotechnology, a boost in research funding, and the progression of isolation techniques.
What Are the Critical Driver Fuelling the Exosome Technologies Market's Growth?
The exosome technologies market is anticipated to grow due to the increasing occurrence of chronic diseases. Chronic diseases are health issues that have long-term effects, typically lasting three months or more, and they may become worse over time. Due to the growing occurrence of chronic diseases, there's a demand for exosome technologies. These technologies could have potential applications such as identifying specific biomarkers for diseases and tracking disease progression using analysis of exosome cargo, delivering targeted drugs, and modulating immunity in chronic cases. For example, the National Center for Biotechnology Information (NCBI), a US-based international resource for the scientific community, projected in January 2023 that the number of people aged 50 years and above suffering from one or more chronic diseases will grow by 99.5%, hitting 142.66 million by 2050, a significant increase from 71.522 million in 2020 in the United States. In addition, in July 2022, the Australian Institute of Health and Welfare (AIHW), a government agency based in Australia, estimated that about 47%, or 11.6 million people in Australia, were impacted by at least one of the ten selected chronic diseases. As a result, the increasing prevalence of chronic diseases is projected to fuel the expansion of the exosome technologies market.
How Is the Exosome Technologies Market segmented?
The exosome technologies market covered in this report is segmented –
1) By Exosome Type: Loaded Cargos, Non-Cargo
2) By Cell Source: HEK293 Cells, Mesenchymal Stem Cells (MSCs), Platelets, Erythrocytes, Natural Killer Cells, Other Cell Sources
3) By Application: Therapeutics, Diagnostics
4) By End-Users: Health Care Providers, Pharmaceutical And Biotechnology Companies, Other End-Users
Subsegments:
1) By Loaded Cargo: Proteins, Nucleic Acids (DNA, RNA), Lipids, Small Molecules
2) By Non-Cargo: Exosome Membrane Components, Extracellular Matrix Components
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What New Trends Are Influencing the Exosome Technologies Market?
The adoption of sophisticated exosome characterization technologies is a major trend emerging in the exosome technology market. To stay competitive, companies in this sector are deploying novel technologies. For example, in August 2022, Creative Biolabs Inc., a biotech firm based in the United States, introduced a platform called Nanosight that uses Nanosight technology for exosome characterization. Nanosight is an inventive nanoparticle tracking analysis (NTA) process that aids in visualizing and quantifying exosomes based on their size and concentration. Through this platform, Creative Biolabs strives to equip scientists with cutting-edge tools for examining and analysing exosomes, enhancing their comprehension of exosome features and roles.
Who Are the Key Players in the Exosome Technologies Market?
Major companies operating in the exosome technologies market include:
• AEGLE Therapeutics
• Aruna Bio Inc.
• Carmine Therapeutics Inc.
• Exosome Diagnostics Inc.
• Creative Biolabs Inc.
• Danaher Corporation
• OmniSpirant Limited
• Thermo Fisher Scientific Inc.
• Fujifilm Holdings Corporation
• Anjarium Biosciences
• NOVADIP Biosciences S.A.
• Exopharm Ltd.
• Organicell Regenerative Medicine Inc.
• Evox Therapeutics
• Direct Biologics
• ExoCan Healthcare Technologies Pvt. Ltd.
• ExoCoBio
• ExonanoRNA LLC
• ILIAS Biologics Inc.
• Illumina Inc.
• Invitrix Therapeutics
• XOStem Inc.
• VivaZome Therapeutics Pty Ltd.
• Aethlon Medical Inc.
• Capricor Therapeutics
• Codiak BioSciences
• Exogenus Therapeutics
• Exovita Biosciences
• HansaBioMed Life Sciences
• Hitachi Chemical Advanced Therapeutics Solutions
What Is The Most Dominant Region In The Exosome Technologies Market?
North America was the largest region in the exosome technologies market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global exosome technologies market report during the forecast period. The regions covered in the exosome technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
