The RNA Targeting Small Molecule Drug Discovery Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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In accordance with The Business Research Company’s illuminating report on RNA Targeting Small Molecule Drug Discovery Global Market for 2024, the landscape has experienced remarkable expansion. The market, valued at $1.45 billion in 2024, is poised to burgeon to $1.78 billion with a robust Compound Annual Growth Rate (CAGR) of 22.3%. This remarkable growth is rooted in an enhanced comprehension of disease genetics, pivotal genomic and proteomic revelations, grappling with drug resistance, substantial investments in biotechnology and pharmaceutical research, coupled with the ascendancy of RNA therapeutics.
Anticipating an astronomical trajectory, the RNA targeting small molecule drug discovery market is projected to soar to $3.97 billion by 2028, driven by a formidable CAGR of 22.2%. This exponential surge is attributed to the broadening scope of RNA epigenetics research, the synergistic impact of RNA-seq and functional genomics, the integration of Artificial Intelligence (AI) into methodologies, the adoption of patient-centric approaches, and the transformative potential of exosome-mediated drug delivery systems. Significant trends in this period encompass the ascendancy of RNA editing technologies, breakthroughs in CRISPR technology, a proliferation of technological innovations, strides in RNA biology, and a spotlight on RNA targeting in neurodegenerative diseases.
The increasing prevalence of cancer, genetic disorders, and viral infections is expected to propel the growth of the RNA-targeted small-molecule drug discovery market going forward. Cancer is a group of diseases characterized by the uncontrollable growth of cells in the body. Viral infections refer to infections caused by viruses, tiny infectious agents that can only replicate inside the cells of living organisms. RNA targeting-based drug discovery is used to treat cancer, genetic disorders, and viral infections, as these diseases are linked with genes and malfunctioning genetic material, which can be treated using drugs developed using RNA targeting-based methods. For instance, in February 2021, according to the American Cancer Society, a US-based voluntary Health Organization, new cancer cases and cancer deaths number is expected to increase by 47% by 2040, reaching about 28.4 million cases. Furthermore, in 2021, according to the World Health Organization, a Switzerland-based specialized health agency of the United Nations, approximately 38.4 million people were living with HIV, and 650,000 people died due to HIV. Therefore, the increasing prevalence of cancer, genetic disorders, and viral infections drives the growth of the RNA-targeted small-molecule drug discovery market.
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The rna targeting small molecule drug discovery market covered in this report is segmented –
1) By Target RNA Type: Messenger RNA (mRNA), Non-Coding RNA (ncRNA), MicroRNA (miRNA), Long Non-Coding RNA (lncRNA)
2) By Technology: CRISPR-Cas9, RNA Aptamers, Small Interfering RNA (siRNA), Ribozymes, Other Technologies
3) By Therapeutic Area: Oncology, Neurology, Infectious Disease, Metabolic Diseases, Genetic Disorders, Other Therapeutic Areas
4) By Delivery Method: Intravenous (IV), Oral, Topical, Other Methods
5) By Application: Research Use, Therapeutic Use, Diagnostic Use, Other Applications
Top 5 Major Players:
A discernible trend shaping the landscape is the integration of Artificial Intelligence (AI) in drug discovery within the small-molecule domain. Leading companies are harnessing AI technologies to expedite drug discovery processes, solidifying their foothold in the market. A paradigmatic example is Google Cloud, the cloud computing suite of the esteemed US-based technology giant Google. In May 2024, it unveiled the Target and Lead Identification Suite and Multiomics Suite, empowering the drug discovery continuum. The Multiomics Suite accelerates genetic data identification and analysis, facilitating the design of precision medicines. Simultaneously, the Target and Lead Identification Suite aids researchers in unraveling the intricacies of amino acids and predicting protein structures with unparalleled precision. This strategic amalgamation of advanced technologies not only augments efficiency but also propels the industry towards groundbreaking achievements in small-molecule drug discovery.
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32. Global RNA Targeting Small Molecule Drug Discovery Market Competitive Benchmarking
33. Global RNA Targeting Small Molecule Drug Discovery Market Competitive Dashboard
34. Key Mergers And Acquisitions In The RNA Targeting Small Molecule Drug Discovery Market
35. RNA Targeting Small Molecule Drug Discovery Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global RNA Targeting Small Molecule Drug Discovery Market, Segmentation By Target RNA Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global RNA Targeting Small Molecule Drug Discovery Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global RNA Targeting Small Molecule Drug Discovery Market, Segmentation By Therapeutic Area, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 76: F. Hoffmann-La Roche Ltd Financial Performance
Table 77: Merck & Co. Inc Financial Performance
Table 78: Bayer AG Financial Performance
Table 79: Novartis AG Financial Performance
Table 80: Sanofi SA Financial Performance
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