PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1783710
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1783710
CircRNA Synthesis Market Introduction and Overview
According to SPER market research, 'Global CircRNA Synthesis Market Size- By Product & Service, By Application, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global CircRNA Synthesis Market is predicted to reach 828.16 million by 2034 with a CAGR of 16.15%.
Circular RNA (circRNA) synthesis is the process of creating circular RNA molecules in the lab that look like naturally occurring circRNAs. CircRNAs are more stable and less susceptible to degradation than linear RNA because they form covalently closed loops with no 5' or 3' ends. These properties allow for more effective and extended protein expression, which is especially useful for gene therapy, vaccines, and cancer treatment. Typically, enzymatic ligation or chemical methods are utilised to join RNA ends during circRNA synthesis.
Restraints: There are several key barriers that may prohibit the circRNA synthesis market from increasing. High synthesis costs, which encompass design, manufacturing, and purification, pose significant financial challenges for fledgling biotech companies and smaller research centres. The technical difficulty of circRNA synthesis necessitates the use of sophisticated technologies and trained personnel, further restricting accessibility.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product & Service, By Application, By End-use
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Amerigo Scientific, Applied Biological Materials Inc., BOC Sciences, Creative Biolabs, Creative Biogene, GeneCopoeia, Inc., GenScript, Guangzhou Geneseed Biotech. Co., Ltd., LGC Biosearch Technologies, and SBS Genetech
Global CircRNA Synthesis Market Segmentation:
By Product & Service: Based on the Product & Service, Global CircRNA Synthesis Market is segmented as; Reagents & Kits.
By Application: Based on the Application, Global CircRNA Synthesis Market is segmented as; Therapeutics Development.
By End Use: Based on the By End Use, Global CircRNA Synthesis Market is segmented as; Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.