Global Exosomes Market is expanding at a healthy CAGR of 18.0% between 2019-2024. On the basis of component, the segment is expected to emerge as the leading one in the forecast period. Exosomes Industry report contains a comprehensive market and vendor landscape.
Dallas, United States - August 22, 2019 /MarketersMedia/ —
Global Exosomes Market 2019-2024:
The exosomes market is expected to register a CAGR of nearly 18.0% during the forecast period, 2019-2024.
Competitive Landscape:
The exosomes market is highly competitive and consists of a number of major players. Companies, like Danaher (Beckman Coulter Inc.), Diagenode Inc., Fujifilm Holdings Corporation, Hitachi Chemical Diagnostics Inc., Lonza, MBL International, Miltenyi Biotec, Novus Biologicals, Qiagen, Thermo Fisher Scientific Inc., among others, hold the substantial market share in the exosomes market.
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- Certain factors that are driving the market growth include rising prevalence of cancer, technological advancements in exosomes isolation and analytical procedures, increasing government initiatives and funding for exosome research, and increasing advanced applications of exosomes.
- The growing prevalence of cancer patients has a direct impact on the increased demand for the exosomes market.
- According to the 2012 report of the World Health Organization (WHO), there were 14 million new cases of cancer, and this is expected to rise by about 70% over the next two decades.
- In the United States, as per the National Cancer Institute report of 2018, an estimated 1.7 million new cases of cancer were diagnosed in the country and nearly 0.6 million patients died due to cancer.
- Exosomes extracted from cow milk is being used for the delivery of therapeutic molecules against lung and breast cancers.
- Exosomes derived from specific sites of the body are promising candidates for anti-cancer vaccines, due to the enhanced passive targeting, owing to its small size, indigenous nature, and the ability to cross the biological barriers. Thus, the increase in the cancer cases in the hospitals directly increases the demand for exosomes in diagnosis as well as therapeutics.
- However, a number of technical difficulties need to be addressed for the successful implementation of exosomes in various applications. This is one of the primary hindrances for the growth of the exosomes market.
- Some of the major difficulties include optimization of purification, increasing the homogeneity of exosomes, and efficient transfection strategies. This is further accompanied by a lack of technical information, like the type of rotor, diameter, volume, and viscosity of the sample, which restricts the maximum utilization of exosomes.
- The cumbersome nature of methods for isolation/purification and inability to distinguish between different cancer stages with an incomplete understanding of the immune system limits the exosomes market.
- Other factors limiting the growth of this market are the lack of skilled professionals and stringent regulatory requirements for the approval and commercialization of exosome products.
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Scope of the Report
Exosomes are small membrane vesicles of endocytic origin that are secreted by most cells in culture, and are created upon the fusion of the multivesicular body (MVB), an intermediate endocytic compartment, with the plasma membrane. They are nano-sized vesicles capable of transferring DNAs, micro RNAs, non-coding RNAs, and lipids, with or without direct cell-to-cell contact, which represents a novel method of intracellular communication.
Key Market Trends
Ultracentrifugation is Expected to Hold Significant Market Share in the Isolation Method Segment
Centrifugation is employed to analyze the hydrodynamic properties of polymeric materials, including biopolymers, such as nucleic acids and proteins. In isolation methods, ultracentrifugation-based exosomes isolation (in particular differential) is considered as the gold standard, which generates the exceptionally high centrifugal forces of up to 1,000,000 × g, and is among the commonly used and reported techniques in exosomes isolation. One of the potential advantages with this technique is reduced cost and contamination risks with separation reagents. It has a large sample capacity and yields large amounts of exosomes. Drawbacks include large time, non-scalable, chances of damaging vesicle, and low yield. Global companies, such as Thermo Fisher Scientific, offer a range of total exosomes isolation kits, which offer reagents for cell culture media, serum, plasma, urine, and other body fluids, such as cerebrospinal fluid, ascetic fluid, amniotic fluid, milk, and saliva, among others.
North America Dominates the Market and is Expected to do the Same in the Forecast Period
The North American region holds one of the largest shares in the exosomes market, owing to better healthcare infrastructure, effective government policies, a huge base of multinational companies, and high awareness among people about diagnostics and healthcare. A large number of government-funded research studies have been conducted, regarding the role of drugs using exosomes in several kinds of cancers, such as melanoma, breast cancer, lung cancer, and pancreatic cancer, among others. Companies, like Merck and Exosome Diagnostic, have sponsored and collaborated with several universities, such as Yale Univeristy and Micihigan State University, to conduct clinical trials in the United States. Furthermore, these ventures are very well supported by government funding. The studies were mostly conducted for neoplasm.
Major Points from Table of Content:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Danaher (Beckman Coulter Inc.)
6.1.2 Diagenode Inc.
6.1.3 Fujifilm Holdings Corporation
6.1.4 Hitachi Chemical Diagnostics Inc.
6.1.5 Lonza
6.1.6 MBL International
6.1.7 Miltenyi Biotec
6.1.8 Novus Biologicals
6.1.9 Qiagen
6.1.10 Thermo Fisher Scientific Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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