A new study by Transparency Market Research (TMR), titled “Nucleic Acid Aptamers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023,” presents a comprehensive assessment of the global market for nucleic acid aptamers, underlining the driving forces, restraints, and major trends of this market.

According to the market study, the increasing applications of nucleic acid aptamers in therapeutics, diagnostics, and research have propelled this market significantly. Apart from this, the technical advancements in the field of nucleic acid aptamers have also emerged as one of the prominent forces stimulating this market.

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The research report has evaluated the global market for nucleic acid aptamers on the basis of the type of the technology used, the application of nucleic acid aptamers, and the regional spread of this market. Based on the type of the technology, the market has been segmented into nanoparticles and quantum dot labels, oligonucleotide synthesis, bioinformatics, surface plasmon resonance (SPR), biolayer interferometry, modified oligonucleotides, and next generation sequencing.

Based on application, the market has been grouped into two categories, diagnostics and therapeutics. Human clinical diagnostic assays, environmental monitoring, and veterinary diagnostics have been identified as the key diagnostic applications of nucleic acid aptamers.

The therapeutic applications of these aptamers have been identified on the basis of the available aptamer drugs, various disorders targeted by these drugs, the usage of aptamers to modify surgical implants, and drug delivery in cancer therapy. In therapeutic applications, these aptamers are utilized as sensors to monitor cellular procedures and as a guide for drugs to reach their targets.

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Region-wise, the report has segmented the global market for nucleic acid aptamers into North America, Asia Pacific, Europe, and the Rest of the World. North America has acquired a significant share in this market on account of the increase in research and drug development activities being conducted in the U.S.

The implementation of favorable government regulations for performing clinical trials has made it easy for drugmakers to conduct research for their products in this country, which is driving the North America nucleic acid aptamers market remarkably.

The competitive landscape of the global market for nucleic acid aptamers has also been studied in this research report. By analyzing the profiles of the major market players, it presents the hierarchy prevalent in this market. Aptamer Sciences Inc., Mitsui & Co. Inc., Aptagen LLC, Envirologix Inc., Araxis Kits LLC, Quest Diagnostics, and Cytogenix Inc. are the major international enterprises functioning in the worldwide nucleic acid aptamers market, notes the study.