What is the projected growth rate of the RNAi therapeutics market?
The RNAi therapeutics market is expected to grow at a significant CAGR of 17.4% during the forecast period (2023-2030), driven by factors like rising chronic diseases and increasing R&D investments.
Who are the key players in RNAi Therapeutics Market?
Key players are Alnylam Pharmaceuticals, Inc, Dicerna Pharmaceuticals, Silence Therapeutics, Arrowhead Pharmaceuticals, Inc, Sanofi, GlaxoSmithKline Plc, Arbutus Biopharma Corporation, Benitec Biopharma, Thermo Fisher Scientific Inc and Sirnaomics, Inc.
What are the challenges facing the RNAi therapeutics market?
Answer: Despite its potential, the market faces challenges like stringent regulatory requirements, complex delivery mechanisms, and high development costs. However, advancements in nanotechnology and increasing collaborations offer promising solutions.
What are the major applications of RNAi therapeutics?
RNAi therapeutics hold potential in treating various diseases, with the oncology segment currently holding the largest market share. Other promising applications include treatments for neurodegenerative diseases, infectious diseases, and rare genetic disorders.