Overview and Scope
Exosome diagnostics and therapeutic refer to using exosomes, tiny extracellular particles generated by cells, in diagnosis and therapy. Exosomes are used in exosome therapies as a method of targeted medication delivery for regenerative medicine.
Sizing and Forecast
The exosome diagnostic and therapeutic market size has grown exponentially in recent years. It will grow from $0.36 billion in 2023 to $0.48 billion in 2024 at a compound annual growth rate (CAGR) of 31.1%. The growth in the historic period can be attributed to biological research advancements, emergence of precision medicine, biomedical imaging innovations, cancer research and oncology, healthcare industry investments.
The exosome diagnostic and therapeutic market size is expected to see exponential growth in the next few years. It will grow to $1.28 billion in 2028 at a compound annual growth rate (CAGR) of 28.1%. The growth in the forecast period can be attributed to growing clinical applications, integration with digital health technologies, supportive regulatory environment, gene editing and rna therapeutics, expanded role in immuno-oncology. Major trends in the forecast period include exosome-based drug discovery, biomimetic exosome engineering, commercialization of exosome products, exosome-loaded therapeutic cargo, liquid biopsy for cancer screening.
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Segmentation & Regional Insights
The exosome diagnostic and therapeutic market covered in this report is segmented –
1) By Product: Instruments, Software, Reagents And Kits
2) By Application: Diagnostics, Therapeutic
3) By End User: Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Hospitals And Clinics, Other End Users
North America was the largest region in the exosome diagnostic and therapeutic market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the exosome diagnostic and therapeutic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rising prevalence of chronic diseases is expected to propel the growth of the exosome diagnostic and therapeutic market going forward. Chronic disease is a form of illness that lasts three months or more and can deteriorate with time. Diagnostic and therapeutic applications of exosomes act as possible biomarkers in cancer that provide more sensitive disease monitoring, making personalized medicine more reachable. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, there will be 142.66 million people with chronic diseases worldwide by the year 2050. Therefore, the rising prevalence of chronic diseases is driving the exosome diagnostics and therapeutics market.
Key Industry Players
Major companies operating in the exosome diagnostic and therapeutic market report are Thermo Fisher Scientific Inc., Lonza Group AG, Bio-Techne Corp., Miltenyi Biotec GmBH, Malvern Instruments Inc., BioVision Inc., System Biosciences LLC, Evox Therapeutics Ltd., ExCoBio Inc., BioCat GmbH, NanoSomix Inc., Exosome Diagnostics Inc., Capricor Therapeutic Inc., Aethlon Medical Inc., Codiak BioSciences Inc., NX Pharmagen Inc., Exiqon A/S, Aegle Therapeutic Corporation, AMS Biotechnology Ltd., Cell Guidance Systems, Ciloa, Sienna Diagnostics, Sistemic Inc., Theoria Science, Mantra Bio Inc.
The exosome diagnostic and therapeutic market report table of contents includes:
1. Executive Summary
2. Exosome Diagnostic And Therapeutic Market Characteristics
3. Exosome Diagnostic And Therapeutic Market Trends And Strategies
4. Exosome Diagnostic And Therapeutic Market – Macro Economic Scenario
5. Global Exosome Diagnostic And Therapeutic Market Size and Growth
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31. Exosome Diagnostic And Therapeutic Market Other Major And Innovative Companies
32. Global Exosome Diagnostic And Therapeutic Market Competitive Benchmarking
33. Global Exosome Diagnostic And Therapeutic Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Exosome Diagnostic And Therapeutic Market
35. Exosome Diagnostic And Therapeutic Market Future Outlook and Potential Analysis
36.Appendix
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