Global Exosome Drug Market Report and Forecast 2023-2031
Global Exosome Drug Market Outlook
The global exosome drug market size attained a value of USD 21.949 million in 2022. The market is likely to grow at a CAGR of 6.55% during the forecast period of 2023-2031 to attain a value of USD 38.85 million by 2031.
Exosome Drug Market: Introduction
Exosomes are small extracellular vesicles secreted by various cells and are involved in intercellular communication. They play a critical role in the maintenance of cellular homeostasis and are being increasingly recognized as potential drug delivery vehicles for the treatment of various diseases. The report by Expert Market Research covers the market for exosomes drugs and provides a detailed analysis of the market size, growth, and trends. The global exosomes drug market is highly competitive, with several key players operating in the space. The key players in the market are expected to focus on research and development activities to develop innovative products and gain a competitive edge.
Exosome Drug – Application and Uses
Exosomes have been identified as potential therapeutic agents for a range of diseases, including cancer, neurological disorders, cardiovascular diseases, and inflammatory disorders. The prevalence of these diseases is increasing globally, which is expected to drive the demand for exosome-based therapies.
Cancer is one of the leading causes of death worldwide, with approximately 10 million deaths per year. The rising prevalence of cancer is expected to drive the growth of the exosome drug market. According to the World Health Organization (WHO), cancer is the second leading cause of death globally and was responsible for an estimated 9.6 million deaths in 2018. The WHO also estimates that the number of new cancer cases will rise by about 70% over the next two decades.
Neurodegenerative disorders, such as Alzheimer's disease and Parkinson's disease, are also on the rise globally, driven by aging populations and changing lifestyles. According to the World Alzheimer Report, there were an estimated 50 million people living with dementia in 2018, and this number is expected to triple by 2050. The rising prevalence of neurodegenerative disorders is expected to drive the demand for exosome-based therapies.
Cardiovascular diseases, such as heart disease and stroke, are a leading cause of death globally, accounting for an estimated 17.9 million deaths in 2019. The rising prevalence of cardiovascular diseases is expected to drive the growth of the exosome drug market.
Inflammatory disorders, such as rheumatoid arthritis and inflammatory bowel disease, are also on the rise globally, driven by changing lifestyles and environmental factors. According to the Centers for Disease Control and Prevention (CDC), an estimated 54.4 million adults in the United States have been diagnosed with arthritis, and this number is expected to rise to 78.4 million by 2040. The rising prevalence of inflammatory disorders is expected to drive the demand for exosome-based therapies.
Exosome Drug Market Segmentations
The market can be categorized into biomolecule type, product type, application, disease type, and region.
Market Breakup by Biomolecule Type
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