Segments - Exosome Technology Market by Types (Loaded Cargo [Peptide, siRNA, mRNA, Protein, and Chemical] and Non-cargo), Cell Sources (HEK293, MSCs, Platelets, Erythrocytes, and Natural Killer Cells), Applications (Therapeutic [Oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Infectious Diseases, and Cosmetics] and Diagnostic), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The Global Exosome Technology Market size was valued at USD 47.3 Million in 2022 and is expected to surpass USD 347.37 Million by 2031, expanding at a CAGR of 24.8% during the forecast period, 2023 – 2031. Exosomes are nanometer-sized extracellular vesicles that produce almost all human body cells in order to carry out the crucial role of intercellular transportation of proteins and RNA. Exosomes are also defined as key mediators of cell to cell communications as they deliver lipids, nucleic acids, and proteins that reflect their cell of origin.
These technologies have a large number of therapeutic applications such as drug delivery systems and biomarkers. As a result, they are largely used to perform therapies for treating diseases such as cancer, cardiovascular diseases, neurodegenerative diseases, and infectious diseases. These extracellular vesicles are claimed by researchers to be a possible solution for improving lung immunity and thus significantly reduce lung diseases.
Different cells perform different functions and an exosome released by a regenerative cell is a potent driver of repair and healing. The advancement in technology as well as improved observation and research of these exosome vesicles is proving great insight for diagnostic of several serious diseases in their early stages. Exosome technology is a relatively new technology and has a huge potential of development and discovery.
The COVID-19 pandemic outbreak has led to many pharmaceutical and biotech companies to invest heavily in these diagnostics technology. This is a key factor driving the market growth.
Rise in prevalence of chronic diseases and presence of a large number of people suffering from such illness are major drivers of the market.
Heavy investment in exosome technology by the cosmetics industry as it has a large potential in skin healing and repairing present a key factor boosting the market.
Increase in awareness about the technology and favorable government initiatives encouraging the development of advanced techniques for several healthcare devices are the key factors anticipated to propel the market during the forecast period.
Low purity, storage stability, and weak targeting of exosomes are some of the major restraints responsible for hindering market growth.
Massive investment in this technology and growing R&D programs for the development of innovative technology are creating immense opportunities for growth of the market.
The report on the global exosome technology market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Exosome Technology Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Types (Loaded Cargo [Peptide, siRNA, mRNA, Protein, and Chemical] and Non-cargo), Cell Sources (HEK293, MSCs, Platelets, Erythrocytes, and Natural Killer Cells), Applications (Therapeutic [Oncology, Neurodegenerative Diseases, Cardiovascular Diseases, Infectious Diseases, and Cosmetics] and Diagnostic) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Aegle Therapeutics; Anjarium Biosciences AG; and Carmine Therapeutics, Inc. |
In terms of types, the exosome technology market is bifurcated into loaded cargo and non-cargo segments. The loaded cargo segment is further segmented into peptide, siRNA, mRNA, protein, and chemical. The loaded cargo segment is expected to constitute large market share during the forecast period as it enables therapeutic to naturally cross the blood-brain barriers.
Loaded cargo exosome contains various types of natural components including proteins, nucleic acids, and lipids, which can help achieve better therapeutic efficiency in treating and diagnosing chronic brain diseases. These features of the loaded cargo segment are responsible for market growth.
Based on cell sources, the market is divided into HEK293, MSCs, platelets, erythrocytes, and natural killer cells. The MSCs segment is projected to hold significant share in the market in the coming years as it regulates several cells involved in immune responses due to its immunomodulatory properties. It is claimed to exhibit potent cell therapeutics for various chronic diseases in recent years. All these factors are key factors contributing to the significant market growth of this segment.
On the basis of applications, the exosome technology market is bifurcated into diagnostics and therapeutics. The therapeutics segment is further divided into oncology, neurodegenerative diseases, cardiovascular diseases, infectious diseases, and cosmetics.
The diagnostic segment is anticipated to hold a major share in the market during the forecast period. The segment growth is attributed to favorable reimbursement policies along with the availability and approval of several new diagnostics methods as well as the large-scale advancement in technology.
In terms of regions, the market is segmented into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North American is anticipated to account for a key market share during the forecast period owing to the early adoption of well-developed infrastructure as well as the presence of several big players in this region.
Key players in the global exosome technology market are Aegle Therapeutics; Anjarium Biosciences AG; and Carmine Therapeutics, Inc. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.