Exosome Diagnostic and Therapeutic Market By Application (Diagnostic, Therapeutic), By Product (Instrument, Reagent, Software), By End User (Cancer Institute, Hospital, Diagnostic Center, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global exosome diagnostic and therapeutic market was valued at $224.3 million in 2020, and is projected to reach $2,928.8 million by 2030, registering a CAGR of 29.4% from 2021 to 2030. Exosomes are small extracellular vesicles present in various body fluids, such as saliva, urine, blood, and breast milk. These vesicles play an important role in intercellular communication processes and have specific composition of proteins, lipids, messenger ribonucleic acid (mRNA), and micro ribonucleic acid (RNA). Presently, exosomes have great potential to be utilized for drug delivery and a biomarker for the diagnosis and testing of various diseases. Moreover, exosomes offer an alternative pathway for invasive biopsy used in the diagnosis and management of different types of cancer. The global exosome diagnostic and therapeutic market is driven by increase in prevalence of cancer, growth in initiatives implemented by the government and non-government associations, rise in health awareness, technological advancements in exosomes isolation, surge in analytical procedures, and increase in innovative and advanced applications of exosomes. However, stringent government regulations for the approval of exosomes diagnostic and therapeutic products and lack of awareness about the applications of exosomes restrict the market growth.
Furthermore, the developing countries, such as China and India are expected to provide huge growth opportunities to this market. The exosomes diagnostic and therapeutic market is segmented on the basis of application, product, end user, and region. As per the application, it is bifurcated into diagnostic and therapeutic applications. By the product, it is classified into instrument, reagents, and software. Depending on end user, it is segmented into cancer institute, hospitals, diagnostic centers, and others (medical universities and not-for-profit organizations). Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2020, and is expected to maintain its dominance throughout the forecast period, due to factors, such as increase in R&D investments, technological advancement in the exosomes isolation procedures, and rise in incidence of cancer. In addition, Asia-Pacific is expected to emerge as the area with maximum growth potential due to the increase in focus of key players on developing countries, rise in clinical research & trial outsourcing, growth in awareness & focus on health of the people, and surge in incidence of cancer & other chronic diseases.
The report provides a comprehensive analysis of the key players operating in the exosome diagnostics and therapeutic market, including Aethlon Medical, Inc. (U.S.), Exosome Diagnostics Inc. (U.S.), NanoSomix Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Malvern Instruments Ltd. (UK), System Biosciences Inc. (U.S.), NX Pharmagen (U.S.), Sistemic Inc. (UK), Capricor Therapeutics (U.S.), and Exiqon A/S (Denmark).
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the exosome diagnostic and therapeutic market analysis from 2020 to 2030 to identify the prevailing exosome diagnostic and therapeutic market opportunity.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the exosome diagnostic and therapeutic market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global exosome diagnostic and therapeutic market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy ApplicationDiagnostic
Therapeutic
By ProductInstrument
Reagent
Software
By End UserCancer Institute
Hospital
Diagnostic Center
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Thermo Fisher Scientific, Inc.
Malvern Instruments Ltd
NX Pharmagen, Inc.
Sistemic Ltd
Exosome Diagnostic, Inc.
Capricor Therapeutics, Inc.
NanoSomix, Inc
System Biosciences, Inc
Exiqon A/S
Aethlon Medical, Inc.
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