Lipid-Nanoparticle Based Genomic Medicines Market worth $32.5 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd United States of America United Kingdom

– By Type (Liposome-based Nanoparticles, Micelle-based Nanoparticles, Lipid-Coated Nanoparticles), By Application (Cancer Treatment, Infectious Diseases, Genetic Disorders, Cardiovascular Diseases, Others), By Therapeutic Payload (mRNA-based Therapeutics, siRNA-based Therapeutics, miRNA-based Therapeutics, Other Genomic Medicines), By End-User (Hospitals, Biopharmaceutical Companies, Research Institutes, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Lipid-Nanoparticle Based Genomic Medicines Market is valued at US$ 17.47 Bn in 2023, and it is expected to reach US$ 32.49 Bn by 2031, with a CAGR of 8.20% during the forecast period of 2024-2031.

Lipid-Nanoparticle-Based Genomic Medicines Market Report Scope:

Report Attribute

Specifications

Market Size Value In 2023

USD 17.47 Bn

Revenue Forecast In 2031

USD 32.49 Bn

Growth Rate CAGR

CAGR of 8.20% from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Million and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Type, Application, Therapeutic Payload and End-User

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea

List of Prominent Players in the Lipid-Nanoparticle-Based Genomic Medicines Market:

Moderna Inc.Pfizer Inc.BioNTech SEArbutus Biopharma CorporationArrowhead Pharmaceuticals Inc.CureVac N.V.LipocalyxAcuitas TherapeuticsPrecision NanoSystems Inc.IONTAS LimitedGenevant SciencesRoche Holding AGAlnylam Pharmaceuticals Inc.SiO2 Materials ScienceEthris GmbHBIOVECTRAAvanti Polar Lipids, Inc. (Croda International Plc.),Recipharm ABeTheRNAST Pharm Co Ltd,Others 

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Lipid-nanoparticle (LNP) based genomic medications are an advanced method in the field of delivering drugs and genetic therapies. LNPs are utilized as carriers in these medications to transport nucleic acids, such as RNA (including mRNA) or DNA, into cells with the purpose of treating genetic illnesses. This technology has garnered considerable interest, specifically for its contribution to the creation of mRNA vaccines for COVID-19, however its promise reaches well beyond vaccine production. 

Lipid nanoparticles (LNPs) have recently risen to prominence as a technology platform. It is estimated that over time, more than two billion people have received a COVID-19 mRNA vaccine or booster facilitated by an LNP delivery system. Although this is the biopharmaceutical industry's most widespread application of LNP technology to date, LNPs have been investigated for decades as delivery vehicles.

Market Dynamics: -

Drivers-

Nanotechnology advancements are one of the primary drivers. The development of accurate and effective delivery methods for genetic therapeutics is fueled by ongoing advancements in nanotechnology, particularly lipid-based nanoparticles, which increase the therapeutic efficiency of these drugs. Expansion of genomic medications, particularly mRNA-based therapeutics, for a range of illnesses, such as genetic disorders, cancer, and infectious diseases, is another motivator.

This increases the need for delivery systems for lipid nanoparticles. The use of cancer applications is another motivator. The administration of anticancer drugs is being researched with LNP. They can be used to reduce side effects and improve the efficacy of cancer therapies because of their capacity to summarise hydrophobic medications and identify certain cells.

Challenges-

Market access for lipid-nanoparticle-based genetic therapeutics may be impacted by strict regulatory requirements and the unpredictability of regulatory processes. Regulators, patients, and healthcare professionals may become less trusting of lipid-nanoparticle delivery methods or genetic therapies as a result of unanticipated hazards and unintended side effects.

Patents are difficult for businesses to defend, and legal disputes can make it difficult for them to enter new markets or discover new products. A financial hurdle for lipid-nanoparticle-based genetic therapeutics is their high cost of research, development, and manufacturing. 

Regional Trends:

The market for lipid-nanoparticle-based genomic medicines is dominated by North America worldwide. This considerable market share is fueled by the region's sophisticated healthcare system and a strong concentration of significant pharmaceutical and biotech businesses. Government organisations like the National Institutes of Health (NIH) play a major part in the cutting-edge research and development that the North American market invests in, further solidifying its dominance in this area.

The creation of innovative LNP-based treatments, notably in the fields of gene therapy and mRNA vaccine technology, has resulted from this emphasis on innovation. In addition, the high prevalence of chronic illnesses in the area calls for sophisticated medication delivery methods, one of which is LNPs. The majority of businesses that provide services for producing lipid nanoparticles are based in North America, with European businesses coming in second.

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Recent Development-

In August 2023, Avanti Polar Lipids and Bioz teamed together to find pertinent product and method knowledge to support effective research and development of innovative lipid-based products.In July 2023, McGill University entered into a partnership with ModernaTX to evaluate the characteristics (including size and payload distribution) of LNPs; the outcome of the project is likely to support in the optimization of LNP manufacturing process and serve as a quality check during the manufacturing of mRNA-based therapeutics.

Segmentation of Lipid-Nanoparticle-Based Genomic Medicines Market-

By Type-

Liposome-based NanoparticlesMicelle-based NanoparticlesLipid-Coated Nanoparticles

By Application-

Cancer TreatmentInfectious DiseasesGenetic DisordersCardiovascular DiseasesOthers

By Therapeutic Payload-

mRNA-based TherapeuticssiRNA-based TherapeuticsmiRNA-based TherapeuticsOther Genomic Medicines

By End-User-

HospitalsBiopharmaceutical CompaniesResearch InstitutesOthers

By Region-

North America-

The USCanadaMexico

Europe-

GermanyThe UKFranceItalySpainRest of Europe

Asia-Pacific-

ChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific

Latin America-

BrazilArgentinaRest of Latin America

 Middle East & Africa-

GCC CountriesSouth AfricaRest of Middle East and Africa

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Why should buy this report:

To receive a comprehensive analysis of the prospects for global Lipid-Nanoparticle-Based Genomic Medicines marketTo receive industry overview and future trends of global Lipid-Nanoparticle-Based Genomic Medicines marketTo analyze the Lipid-Nanoparticle-Based Genomic Medicines market drivers and challengesTo get information on the Lipid-Nanoparticle-Based Genomic Medicines market size value (US$ Mn) forecast till 2031Major Investments, Mergers & Acquisition in global Lipid-Nanoparticle-Based Genomic Medicines market industry

Other Related Reports Published by InsightAce Analytic:

Personalized Genomics Market

Functional Genomics Market

Lipid Nanoparticles (LNPs) CDMO Market

Lipid Nanoparticle Raw Materials Market

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