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GLOBAL ANTISENSE & RNAI THERAPEUTICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Antisense & RNAi Therapeutics Market, By Technology (RNA Interference and Antisense RNA), By Application (Genetic Disease, Cancer, Infectious Disease, Neurodegenerative Disorders, Cardio Metabolic & Renal Disorders, Ocular Disorders, Respiratory Disorders, Skin Disorders and Others), By Route of Administration (Intravenous Injections, Intrathecal Injections, Subcutaneous Injections and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Jan 2024
  • Code : CMI6545
  • Pages :175
  • Formats :
      Excel and PDF
  • Industry : Biotechnology

Market Challenges And Opportunities

Antisense & RNAi Therapeutics Market Drivers:

  • Growing Research and Development Investment: The increasing investment in R&D by pharmaceutical companies is a key factor responsible for driving the growth of the global antisense & RNAi therapeutics market. Over the past few years, companies have significantly ramped up their spending on research activities focused on developing innovative therapeutics based on RNA interference technologies. For instance, according to data from the Organization for Economic Co-operation and Development in April 2021, R&D expenditure in the pharmaceutical industry grew at an annual rate of 6.1% from 2015 to 2019, with total spending rising to over US$200 billion globally by 2020. This rise in R&D funds has enabled companies to explore RNAi and antisense drugs for treating various chronic and life-threatening diseases. Several biotech and pharma firms are conducting clinical trials to evaluate RNAi candidates against high-impact disease areas like cancer, cardiovascular disorders, metabolic diseases, neurological conditions, etc. For example, Alnylam Pharmaceuticals has multiple RNAi drugs in late-stage trials for treating primary hyperoxaluria and hereditary ATTR amyloidosis.
  • Innovations in Drug Delivery Systems: The development of novel drug delivery systems to effectively deliver RNAi and antisense therapeutics has emerged as a major driver of market growth. Conventional delivery methods such as intravenous injection have posed significant bioavailability challenges due to rapid breakdown by nucleases in the bloodstream and difficulty in crossing cell membranes. However, advances in nanotechnology and material science have enabled the design of advanced carrier systems that can protect oligonucleotides from degradation and facilitate cellular internalization.
  • Focus on Rare and Orphan Indications: While RNAi and antisense therapies hold promise for large markets like oncology, their initial clinical and commercial successes have predominantly been in rare and orphan disease indications. These include conditions like transthyretin amyloidosis (ATTR), spinal muscular atrophy (SMA), and familial chylomicronemia syndrome (FCS), which currently have very limited treatment options. For pharmaceutical companies, targeting such small patient populations with high unmet needs allows demonstrating early proof-of-concept and commercialization with relatively smaller trials. It also offers the potential for orphan drug designation and associated incentives, which make these rare disease programs strategically attractive. Several RNAi and antisense drugs have thus been approved or are in late-stage trials focused on rare genetic disorders. For instance, patisiran and inotersen gained FDA approval for treating hereditary ATTR. Additionally, companies continue to expand their pipelines with programs in other orphan realms like Duchenne muscular dystrophy, hemophilia, and Lysosomal storage diseases. As more of these niche pipeline assets receive approval, it will validate the utility of RNAi and antisense modalities. This success in rare diseases will, in turn, help incentivize their progress into larger mainstream indications. The growing industry efforts aligned towards orphan drug development thus represent a critical driver sustaining the growth of this therapeutics segment over the long term.

Antisense & RNAi Therapeutics Market Opportunities:

  • Untapped emerging markets: Untapped emerging markets present a great opportunity for growth in the global antisense and RNAi therapeutics market. Many developing economies have large patient populations grappling with life-threatening diseases. However, current treatment options are limited or unavailable due to inadequate healthcare infrastructure and a lack of accessibility. Antisense and RNAi therapeutics have the potential to significantly improve patient outcomes in these countries by delivering cost-effective, targeted treatments. Having fewer side effects compared to conventional drugs, they can expand access to crucial medicines. Their application enables development of low-cost novel therapies for major diseases prevalent in emerging nations, like cancer, cardiovascular ailments, and hepatitis C, have high mortality. This ability to address the large unmet medical needs of impoverished populations can drive the market in untapped regions.
  • New indications: The global antisense & RNAi therapeutics market has shown promising growth in recent years due to advancements in RNA-based drug development and greater understanding of molecular pathways involved in various diseases. This growing knowledge offers scope for these technologies to be applied to new disease indications beyond their current uses. Many pipeline drugs are being evaluated for conditions where treatment options are currently limited. If successful, these could open up entirely new areas for antisense and RNAi therapeutics to address. One such promising new avenue is in the field of neurodegenerative disorders. Diseases like Alzheimer\'s and Huntington\'s remain difficult to treat effectively. However, research increasingly points to RNA interference playing a role in the pathogenesis of certain neurodegenerative conditions.

Antisense & RNAi Therapeutics Market Restraint:

  • High Manufacturing Cost of RNA Therapeutics: One key challenge restraining rapid market expansion is the high costs involved in manufacturing RNA therapeutics such as antisense oligonucleotides and siRNA molecules. The production of these sequence-specific nucleic acid drugs using synthetic processes is quite complex and expensive. It requires specialized equipment and multi-step chemical synthesis which makes the overall manufacturing process capital intensive. Companies need to incur high capital expenditure to establish robust infrastructure for industrial-scale production of RNA drugs. This adds significantly to the drug development costs. Further, production inconsistency and impurities also impact the manufacturing economics. The high costs ultimately increase the drug prices, reducing affordability and market uptake to some extent. Overcoming the economic barriers of manufacturing remains a major restraint area for the antisense & RNAi therapeutics market.
  • Delivery Challenges Associated with RNA Therapeutics: Another key challenge is the efficient delivery of RNA therapeutic compounds to target tissues and intracellular sites of action inside the body. Naked RNA molecules face rapid degradation and do not efficiently cross cell membranes to elicit pharmacological activity. This necessitates the use of delivery technologies like nanoparticles, liposomes, cell-penetrating peptides, etc. to protect RNA drugs and facilitate uptake. However, developing safe and effective delivery systems that can withstand biological environment remains difficult. Issues like improper tissue-tropism of carriers, immune reactions, reliability of encapsulation, & release mechanisms continue to hinder the delivery potential of RNA drugs.

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