PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1413708
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1413708
Scope of the Report | |
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Years Considered for the Study | 2021-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Units Considered | Value (USD) Million |
Segments | Product & Service, Indication, Application, Manufacturing Service, and End User |
Regions covered | North America, Europe, Asia Pacific, Rest of World |
The exosome research market is projected to reach USD 356 million by 2028 from an estimated USD 169 million in 2023, at a CAGR of 16.0% during the forecast period. The growth of this market can be attributed to the increasing incidence of chronic diseases, including cancer, neurodegenerative disorders, and cardiovascular conditions, which has driven the demand for advanced diagnostic and therapeutic solutions. Exosomes, with their potential as biomarkers and therapeutic delivery vehicles, are positioned to address this demand.
"The kits & reagents segment accounted for the largest share by product & services in 2022."
In 2022, the platform segment accounted for the largest share of product & service in the global exosome research market. The factors like kits and reagents provide researchers with ready-to-use solutions, simplifying the complex processes involved in exosome research is impending growth of the segment. The convenience and user-friendly nature of these kits contribute to their widespread adoption, especially among researchers who may not have extensive expertise in exosome isolation and analysis.
"The North America region continued to dominate the exosome research market during the forecast period of 2023-2028."
North America dominated the global exosome research market in 2022. Government agencies in North America, such as the National Institutes of Health (NIH) in the United States, allocate significant funding to biomedical research. This funding supports a wide range of projects, including those related to exosome research. Government support provides a critical financial boost to researchers and institutions, fostering innovation and advancement in the field. These factors are contributing to the growth of the North American exosome research market.
This research report categorizes the exosome research market by product & service (reagents & kits (antibodies, isolation purification, quantitation kits & reagents, and other kits & reagents) instruments, service), by indication (cancer indication (lung cancer, breast cancer, prostate cancer, colorectal cancer, other cancers), neurodegenerative diseases, cardiovascular diseases, infectious diseases, and other indications), by application (biomarkers, vaccine development, tissue regeneration, and other applications), by manufacturing services (stem cell-derived exosome manufacturing services, dendritic cell-derived exosome manufacturing services, and other manufacturing services) by end user (academic & research institutes, pharmaceutical & biotechnological companies, and hospitals & clinical laboratories). The report's scope encompasses detailed information regarding major influencing factors such as drivers, trends, challenges, and opportunities shaping the growth of the exosome research market. A comprehensive analysis of key industry players has been conducted to offer insights into their business overview, products, key strategies, collaborations, partnerships, and agreements. The report also covers recent developments, including new product launches, mergers, and acquisitions, in the exosome research market.
The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall exosome research market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.