(PharmaNewsWire.Com, March 20, 2017 ) According to the report Latin America Aptamers Market published by Market Data Forecast, the Latin American market was worth $15.3 million in 2016 and is projected to reach $34.2 million with CAGR of 17.50% by 2021
Aptamers are oligonucleotides that bind to target lipid, protein, or nucleic acid molecules with a high specificity. Aptamers are used for clinical trials, new drug discovery which will bind to protein of interest as that of antibodies. They bind to target cells such as cancer cells and bacteria and make them inactive Aptamers can be engineered to have higher affinity and specificity to large number of targets.
Many developing and poor countries can get treatment for diseases like HIV due to low cost and efficient aptamers. Aptamers can be engineered to have higher specificity and affinity for number of targets. The potential of aptamers in diagnostics and therapeutics has been recognized by the launch of first aptamer, Macugen. So, the Latin American market for aptamers is expected to grow, which has been backed by advancements in technology with respect to selection processes and synthesis.
The driving factors for the growth are technological advancement, cost effective high yield in binding large molecules compared to antibodies. Also pharmaceuticals and biotech companies investing in research and development contribute to the growth of the market.
Segmentation By Type Peptide Aptamers. Nucleic Acid Aptamers. DNA-Based Aptamers. RNA-Based Aptamers. XNA-Based Aptamers. By Application Therapeutics Development. Diagnostics. Research and Developments. By End User Pharmaceutical Companies. Bio-Pharmaceutical Companies. Academic and Research Centers. By Geography
Some of the major companies influencing the Latin American Aptamers market are AM Biotechnologies, Aptagen, Aptamer Sciences Inc., Aptamer Solutions Ltd., Aptus Biotech S.L., Base Pair Biotechnologies Inc., NeoVentures Biotechnology Inc., SomaLogic Inc, TriLink BioTechnologies Inc., and Vivonics, Inc.
The Latin America Aptamers Market study offers following deliverables: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped. Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics. Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis. Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development. A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment. Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies. An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions. Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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