InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the ” ” Global Lipid
Nanoparticles (LNPs) CDMO Market Focus on Nucleic Acids LNPs Segmented By Product (mRNA , Plasmid DNA (pDNA), siRNA, saRNA, microRNA, and Others), Scale Of Operation (Preclinical, Clinical , and Commercial), End-Users (Pharmaceutical Companies, Academic Research Institute, and Diagnostic Laboratories)- Trends, Industry Competition Analysis, Revenue and Forecast To
2030.”
According to the latest research by InsightAce Analytic, the global lipid nanoparticles (LNPs) CDMO market is expected to exhibit a CAGR of 13.8% duringthe forecast period of 2022-2030. Factors such as the increasing academic and industrial interest in mRNA, increasing medical applications of nanoparticles, significant external funding for the Development of mRNA-based vaccines, and rising use of lipid nanoparticles for nucleic acid drug development are expected to drive market growth. Favorable regulatory environment, an increasing number of clinical trials, a high prevalence of chronic &
infectious diseases, and increasing healthcare expenditures are expected to further likely to fuel the Lipid Nanoparticles (LNPs) CDMO market during the forecast years. Several pharma companies outsource their nanoparticle production operations to CMOs (Contract Manufacturing Organizations) to improve operational flexibility. This increase in outsourcing is projected to fuel the business of Lipid Nanoparticles (LNPs) CDMO services in the coming years.
Lipid nanoparticles (LPNs) are at the forefront of nanotechnology’s rapid development, with numerous potential uses in drug delivery and research. Lipid nanoparticles provide the prospect of developing new therapies due to their unique size dependent features. The ability to integrate pharmaceuticals into nanocarriers provides a new drug delivery paradigm that could be used for therapeutic targeting. As a result, solid lipid nanoparticles show enormous promise for achieving the objective of regulated and site-specific drug delivery and have captivated the attention of many researchers. With their discovered potential during the COVID-19 pandemic, lipid nanoparticles carrying messenger RNA (mRNA-LNPs) have propelled to the forefront of nonviral delivery technologies.
However, factors such as the expensive CMO services, concerns related to storage and safety, and lack of organizations’ capacity to produce the required quality of substances are anticipated to limit the market development over the forecast period.
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Region-wise, North America is expected to dominate this market over the forecast period (2020-2030), owing to the well-established healthcare facilities & CMOS, the increasing number of clinical trial advancements in the biopharmaceutical industries, and the rising demand for specialized drugs.
Key market players operating in the Lipid Nanoparticles (LNPs) CDMO market (Nucleic Acids LNPs) include Corden Pharma GmbH, eTheRNA, Polypeptide Therapeutic Solutions(PTS), FUJIFILM Corporation, ST Pharm Co Ltd, Exalead (Merck KGaA), Avanti Polar Lipids, Inc. (Croda International Plc.), Emergent CDMO, Esco Aster Pte Ltd, ernal Biosciences, Arranta Bio, Phosphorex Inc, Polymun Scientific Immunbiologische Forschung GmbH, and Other Prominent Players
Source: Bloomberg