Gene Silencing Market Size, Trends and Insights By Gene Silencing Method (RNA Interference (RNAi), Antisense Oligonucleotides (ASOs), CRISPR/Cas9-Based Gene Silencing, Others), By Application (Cancer Therapeutics, Neurological Disorders, Genetic Disorders, Infectious Diseases, Others), By End-Users (Pharmaceutical and Biotechnology Companies, Research Institutes and Academic Centers, Hospitals, Clinics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Alnylam Pharmaceuticals Inc.
- Arrowhead Pharmaceuticals Inc.
- Dicerna Pharmaceuticals Inc.
- Ionis Pharmaceuticals Inc.
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Gene Silencing Market is expected to record a CAGR of 8.2% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 5.2 Billion. By 2033, the valuation is anticipated to reach USD 10.6 Billion.
The Gene Silencing market involves the development, commercialization, and application of technologies that selectively regulate or inhibit the expression of genes. Utilizing methods such as RNA interference (RNAi) and CRISPR/Cas9, the market addresses diverse therapeutic areas, including oncology, neurology, and genetic disorders.
Key players like Alnylam Pharmaceuticals and Arrowhead Pharmaceuticals drive innovation. The market witnesses a dynamic landscape, with ongoing advancements, strategic collaborations, and increasing investments, reflecting its pivotal role in developing targeted therapies for various diseases by modulating gene expression.
Gene Silencing Market – Significant Growth Factors
The Gene Silencing Market presents significant growth opportunities due to several factors:
- Advancements in RNA Interference (RNAi) Technology: Continuous progress in RNAi technology, enhancing specificity and efficacy, serves as a primary driver. Improved delivery systems and optimized target gene silencing contribute to the market’s growth.
- Increasing Prevalence of Genetic Disorders: The rising incidence of genetic disorders propels the demand for gene silencing solutions. Therapeutic interventions targeting specific genes associated with genetic diseases drive market expansion.
- Expanding Applications in Neurological Disorders: The growing application of gene silencing in treating neurological disorders, such as Alzheimer’s and Parkinson’s, drives market growth. Targeting specific genes associated with these conditions presents therapeutic opportunities.
- Technological Advancements in CRISPR/Cas9: Ongoing advancements in CRISPR/Cas9-based gene editing technologies contribute significantly. The precision and versatility of CRISPR techniques propel research and development efforts, stimulating market dynamics.
- Precision Medicine for Oncology: Tailoring gene silencing therapies for precision medicine in oncology represents a significant opportunity. Targeting specific genes related to cancer pathways offers personalized treatment options, enhancing therapeutic efficacy.
- Expansion into Rare Genetic Diseases: Opportunities lie in the expansion of gene silencing applications into the treatment of rare genetic diseases. Addressing niche markets with unmet medical needs provides a platform for market diversification and growth.
Gene Silencing Market – Mergers and Acquisitions
The Gene Silencing Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Gene Silencing Market include:
- In 2024, The completion of the gene therapy collaboration between Biogen and Ginkgo Bioworks is expected to fuel future demand for gene therapies. This partnership signifies a strategic effort to advance gene therapy innovations, potentially shaping the landscape of therapeutic interventions.
- In 2023, Novartis secured a candidate gene therapy, AVR-RD-04, from financially challenged Avrobio, making an unprecedented $87.5 million advance payment for the clinical-phase asset. This strategic acquisition demonstrates Novartis’ commitment to advancing hematopoietic stem cell gene therapy for the treatment of the rare genetic disorder cystinosis.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Gene Silencing Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Gene Silencing Market | Hereditary Cancer Testing Market | Liver Cancer Market |
CAGR 8.2% (Approx) | CAGR 7.5% (Approx) | CAGR 14.5% (Approx) |
USD 10.6 Billion by 2033 | USD 12.1 Billion by 2032 | USD 16.3 Billion by 2032 |
Gene Silencing Market – Significant Threats
The Gene Silencing Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Off-Target Effects and Safety Concerns: The risk of off-target effects in gene silencing therapies poses a significant threat. Unintended silencing of non-target genes may lead to adverse effects, raising safety concerns and potentially hindering market acceptance.
- Complexity of Delivery Systems: The development of effective delivery systems for gene silencing agents is complex. Challenges in ensuring precise and targeted delivery to specific cells or tissues may impede therapeutic efficacy, posing a threat to the market.
- Ethical and Regulatory Challenges: Ethical concerns surrounding gene editing technologies, such as CRISPR/Cas9, and evolving regulatory landscapes present threats. Stringent regulations and ethical debates may impact the pace of clinical development and market access for gene silencing therapies.
- Competition and Intellectual Property Issues: Intense competition among companies in the gene silencing market raises concerns about intellectual property disputes. Legal battles over patents and rights may create uncertainties, potentially affecting market stability and hindering innovation.
- Limited Understanding of Genetic Mechanisms: An incomplete understanding of genetic mechanisms and complexities hampers the development of precise gene silencing strategies. Insufficient knowledge about specific gene functions may limit the therapeutic potential and pose challenges to the market’s growth.
Category-Wise Insights:
By Gene Silencing Method
- RNA Interference (RNAi): RNAi employs small RNA molecules to inhibit gene expression. Trends in the Gene Silencing Market include advancements in siRNA design for improved specificity and delivery, expanding applications in various therapeutic areas, and ongoing efforts to overcome challenges related to off-target effects.
- Antisense Oligonucleotides (ASOs): ASOs are single-stranded molecules binding to specific RNA sequences. Market trends involve the development of second-generation ASOs with enhanced stability and improved pharmacokinetic properties, driving their application in rare genetic disorders and neurological diseases.
- CRISPR/Cas9-Based Gene Silencing: CRISPR/Cas9 enables precise gene editing and silencing. Market trends include innovations in CRISPR delivery systems, expanding applications beyond genetic disorders to oncology and infectious diseases, and ongoing research to address off-target effects and improve editing efficiency.
- Others: Various gene silencing methods beyond the core approaches include Zinc Finger Nucleases (ZFNs) and Transcription Activator-Like Effector Nucleases (TALENs). Trends involve the exploration of alternative techniques, such as epigenetic modifications and synthetic biology, for more precise and versatile gene modulation.
By Application
- Cancer Therapeutics: Gene silencing in cancer therapeutics involves selectively inhibiting or modulating gene expression to treat various cancers. Trends include personalized medicine approaches, targeting specific oncogenes, and advancing RNAi and CRISPR technologies for precision therapies, contributing to a dynamic and evolving landscape.
- Neurological Disorders: In neurological disorders, gene silencing aims to modify gene expression associated with conditions like Alzheimer’s and Parkinson’s. Advancements include the exploration of RNAi and CRISPR applications, presenting promising therapeutic avenues for addressing complex neurological challenges.
- Genetic Disorders: Gene silencing in genetic disorders involves targeting specific genes to mitigate disease manifestations. Trends include the development of antisense oligonucleotides (ASOs) and RNAi technologies, offering potential therapeutic interventions for a range of inherited genetic conditions, and fostering advancements in precision medicine.
- Infectious Diseases: In infectious diseases, gene silencing aims to disrupt the expression of pathogenic genes. Trends involve utilizing RNAi and CRISPR technologies to combat viral infections and other infectious agents. This approach showcases potential breakthroughs in antiviral therapies and addresses emerging infectious challenges.
- Others: Beyond the specified categories, gene silencing finds applications in diverse fields. Trends include expanding research into novel therapeutic areas, agricultural applications for crop improvement, and addressing broader healthcare challenges, highlighting the versatility and evolving potential of gene silencing technologies.
By End Users
- Pharmaceutical and Biotechnology Companies: Pharmaceutical and biotech companies drive gene silencing market innovation. Trends involve strategic partnerships, focusing on drug development, and RNAi-based therapeutics. Companies like Alnylam and Arrowhead pioneer novel approaches, and expanding applications.
- Research Institutes and Academic Centers: Research institutes and academia contribute to gene silencing advancements. Trends include collaborative research, academic-industry partnerships, and a focus on CRISPR/Cas9 technologies, driving scientific discovery and applications in diverse fields.
- Hospitals: Hospitals integrate gene silencing therapies into patient care. Trends encompass personalized oncology treatments, targeting specific genetic mutations, and advancements in neurodegenerative disorder interventions, enhancing therapeutic options for hospital-based treatments.
- Clinics: Clinics apply gene silencing for targeted therapies. Trends involve expanding applications in rare diseases and providing specialized treatments. Antisense oligonucleotide (ASO) therapies gain traction, offering clinic-based solutions for genetic disorders and neurological conditions.
- Others: Diverse entities explore gene silencing applications. Trends include agricultural applications, utilizing RNAi for pest control and crop improvement. Environmental research employs gene silencing to study and mitigates genetic factors in ecosystems, showcasing diverse applications beyond traditional medical domains.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 5.2 Billion |
Projected Market Size in 2033 | USD 10.6 Billion |
Market Size in 2023 | USD 4.8 Billion |
CAGR Growth Rate | 8.2% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Gene Silencing Method, Application, End-Users and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Gene Silencing Market – Regional Analysis
The Gene Silencing Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, the gene silencing market trends towards precision medicine in oncology. Advanced research and robust investment in CRISPR technologies drive innovations. Strategic collaborations between biotech firms and academic institutions contribute to a dynamic landscape, emphasizing personalized therapeutic approaches and expanding applications.
- Europe: Europe witnesses a trend in collaborative gene silencing research. Cross-border partnerships between research institutes and biopharmaceutical companies promote standardization and accelerated clinical trials. A focus on advancing antisense oligonucleotide (ASO) therapies for genetic disorders and neurodegenerative diseases characterizes the region’s gene silencing landscape.
- Asia-Pacific: Asia-Pacific sees a rising trend in gene silencing applications for infectious diseases. Increasing research initiatives and partnerships between pharmaceutical companies and academic centers focus on developing RNAi-based therapeutics for viral infections. The region also experiences growth in agricultural applications, using gene silencing for crop enhancement.
- Latin America, Middle East, and Africa (LAMEA): In LAMEA, the trend centers on building gene silencing capabilities in hospitals and clinics. The region focuses on expanding access to gene silencing therapies for diverse patient populations. Collaborations with international research entities drive knowledge exchange, contributing to advancements in gene silencing applications for various diseases.
Competitive Landscape – Gene Silencing Market
The Gene Silencing Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- Alnylam Pharmaceuticals Inc.
- Arrowhead Pharmaceuticals Inc.
- Dicerna Pharmaceuticals Inc.
- Ionis Pharmaceuticals Inc.
- Quark Pharmaceuticals Inc.
- Benitec Biopharma Limited
- GenScript Biotech Corporation
- GeneCopoeia Inc.
- Sirion Biotech GmbH
- Oxford BioMedica plc
- AstraZeneca plc
- Merck & Co. Inc.
- Novartis International AG
- Roche Holding AG
- Thermo Fisher Scientific Inc.
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
Several new players have entered the gene silencing market, leveraging innovation for market entry. Notable entrants include CRISPR Therapeutics and Beam Therapeutics, pioneering CRISPR-based technologies. Key players dominating the market include Alnylam Pharmaceuticals and Arrowhead Pharmaceuticals, known for their advanced RNAi-based therapeutics.
Alnylam’s market dominance stems from its FDA-approved RNAi drug, ONPATTRO, for hereditary transthyretin-mediated amyloidosis. Arrowhead’s success lies in developing targeted RNAi therapies, reflecting a commitment to advancing gene silencing applications. Their established market presence and innovative approaches solidify their positions as leaders in the evolving gene silencing landscape.
The Gene Silencing Market is segmented as follows:
By Gene Silencing Method
- RNA Interference (RNAi)
- Antisense Oligonucleotides (ASOs)
- CRISPR/Cas9-Based Gene Silencing
- Others
By Application
- Cancer Therapeutics
- Neurological Disorders
- Genetic Disorders
- Infectious Diseases
- Others
By End-Users
- Pharmaceutical and Biotechnology Companies
- Research Institutes and Academic Centers
- Hospitals
- Clinics
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Gene Silencing Market, (2024 – 2033) (USD Billion)
- 2.2 Global Gene Silencing Market: snapshot
- Chapter 3. Global Gene Silencing Market – Industry Analysis
- 3.1 Gene Silencing Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Advancements in RNA Interference (RNAi) Technology
- 3.2.2 Increasing Prevalence of Genetic Disorders
- 3.2.3 Expanding Applications in Neurological Disorders
- 3.2.4 Technological Advancements in CRISPR/Cas9
- 3.2.5 Precision Medicine for Oncology
- 3.2.6 Expansion into Rare Genetic Diseases.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Gene Silencing Method
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By End-Users
- Chapter 4. Global Gene Silencing Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Gene Silencing Market: Company Market Share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and Joint Ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Gene Silencing Market – Gene Silencing Method Analysis
- 5.1 Global Gene Silencing Market Overview: By Gene Silencing Method
- 5.1.1 Global Gene Silencing Market Share, By Gene Silencing Method, 2024 and – 2033
- 5.2 RNA Interference (RNAi)
- 5.2.1 Global Gene Silencing Market by RNA Interference (RNAi), 2024 – 2033 (USD Billion)
- 5.3 Antisense Oligonucleotides (ASOs)
- 5.3.1 Global Gene Silencing Market by Antisense Oligonucleotides (ASOs), 2024 – 2033 (USD Billion)
- 5.4 CRISPR/Cas9-Based Gene Silencing
- 5.4.1 Global Gene Silencing Market by CRISPR/Cas9-Based Gene Silencing, 2024 – 2033 (USD Billion)
- 5.5 Others
- 5.5.1 Global Gene Silencing Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Gene Silencing Market Overview: By Gene Silencing Method
- Chapter 6. Global Gene Silencing Market – Application Analysis
- 6.1 Global Gene Silencing Market Overview: By Application
- 6.1.1 Global Gene Silencing Market Share, By Application, 2024 and – 2033
- 6.2 Cancer Therapeutics
- 6.2.1 Global Gene Silencing Market by Cancer Therapeutics, 2024 – 2033 (USD Billion)
- 6.3 Neurological Disorders
- 6.3.1 Global Gene Silencing Market by Neurological Disorders, 2024 – 2033 (USD Billion)
- 6.4 Genetic Disorders
- 6.4.1 Global Gene Silencing Market by Genetic Disorders, 2024 – 2033 (USD Billion)
- 6.5 Infectious Diseases
- 6.5.1 Global Gene Silencing Market by Infectious Diseases, 2024 – 2033 (USD Billion)
- 6.6 Others
- 6.6.1 Global Gene Silencing Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Gene Silencing Market Overview: By Application
- Chapter 7. Global Gene Silencing Market – End-Users Analysis
- 7.1 Global Gene Silencing Market Overview: By End-Users
- 7.1.1 Global Gene Silencing Market Share, By End-Users, 2024 and – 2033
- 7.2 Pharmaceutical and Biotechnology Companies
- 7.2.1 Global Gene Silencing Market by Pharmaceutical and Biotechnology Companies, 2024 – 2033 (USD Billion)
- 7.3 Research Institutes and Academic Centers
- 7.3.1 Global Gene Silencing Market by Research Institutes and Academic Centers, 2024 – 2033 (USD Billion)
- 7.4 Hospitals
- 7.4.1 Global Gene Silencing Market by Hospitals, 2024 – 2033 (USD Billion)
- 7.5 Clinics
- 7.5.1 Global Gene Silencing Market by Clinics, 2024 – 2033 (USD Billion)
- 7.6 Others
- 7.6.1 Global Gene Silencing Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Gene Silencing Market Overview: By End-Users
- Chapter 8. Gene Silencing Market – Regional Analysis
- 8.1 Global Gene Silencing Market Regional Overview
- 8.2 Global Gene Silencing Market Share, by Region, 2024 & – 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Gene Silencing Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.4 North America Gene Silencing Market, by Gene Silencing Method, 2024 – 2033
- 8.4.1 North America Gene Silencing Market, by Gene Silencing Method, 2024 – 2033 (USD Billion)
- 8.5 North America Gene Silencing Market, by Application, 2024 – 2033
- 8.5.1 North America Gene Silencing Market, by Application, 2024 – 2033 (USD Billion)
- 8.6 North America Gene Silencing Market, by End-Users, 2024 – 2033
- 8.6.1 North America Gene Silencing Market, by End-Users, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Gene Silencing Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Gene Silencing Market, by Gene Silencing Method, 2024 – 2033
- 8.8.1 Europe Gene Silencing Market, by Gene Silencing Method, 2024 – 2033 (USD Billion)
- 8.9 Europe Gene Silencing Market, by Application, 2024 – 2033
- 8.9.1 Europe Gene Silencing Market, by Application, 2024 – 2033 (USD Billion)
- 8.10 Europe Gene Silencing Market, by End-Users, 2024 – 2033
- 8.10.1 Europe Gene Silencing Market, by End-Users, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Gene Silencing Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Gene Silencing Market, by Gene Silencing Method, 2024 – 2033
- 8.12.1 Asia Pacific Gene Silencing Market, by Gene Silencing Method, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Gene Silencing Market, by Application, 2024 – 2033
- 8.13.1 Asia Pacific Gene Silencing Market, by Application, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Gene Silencing Market, by End-Users, 2024 – 2033
- 8.14.1 Asia Pacific Gene Silencing Market, by End-Users, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Gene Silencing Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Gene Silencing Market, by Gene Silencing Method, 2024 – 2033
- 8.16.1 Latin America Gene Silencing Market, by Gene Silencing Method, 2024 – 2033 (USD Billion)
- 8.17 Latin America Gene Silencing Market, by Application, 2024 – 2033
- 8.17.1 Latin America Gene Silencing Market, by Application, 2024 – 2033 (USD Billion)
- 8.18 Latin America Gene Silencing Market, by End-Users, 2024 – 2033
- 8.18.1 Latin America Gene Silencing Market, by End-Users, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Gene Silencing Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Gene Silencing Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Gene Silencing Market, by Gene Silencing Method, 2024 – 2033
- 8.20.1 The Middle-East and Africa Gene Silencing Market, by Gene Silencing Method, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Gene Silencing Market, by Application, 2024 – 2033
- 8.21.1 The Middle-East and Africa Gene Silencing Market, by Application, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Gene Silencing Market, by End-Users, 2024 – 2033
- 8.22.1 The Middle-East and Africa Gene Silencing Market, by End-Users, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Alnylam Pharmaceuticals Inc.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Arrowhead Pharmaceuticals Inc.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Dicerna Pharmaceuticals Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Ionis Pharmaceuticals Inc.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Quark Pharmaceuticals Inc.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Benitec Biopharma Limited
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 GenScript Biotech Corporation
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 GeneCopoeia Inc.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Sirion Biotech GmbH
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Oxford BioMedica plc
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 AstraZeneca plc
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Merck & Co. Inc.
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Novartis International AG
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Roche Holding AG
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Thermo Fisher Scientific Inc.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Others.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.1 Alnylam Pharmaceuticals Inc.
List Of Figures
Figures No 1 to 30
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Alnylam Pharmaceuticals Inc.
- Arrowhead Pharmaceuticals Inc.
- Dicerna Pharmaceuticals Inc.
- Ionis Pharmaceuticals Inc.
- Quark Pharmaceuticals Inc.
- Benitec Biopharma Limited
- GenScript Biotech Corporation
- GeneCopoeia Inc.
- Sirion Biotech GmbH
- Oxford BioMedica plc
- AstraZeneca plc
- Merck & Co. Inc.
- Novartis International AG
- Roche Holding AG
- Thermo Fisher Scientific Inc.
- Others
FAQs
The key factors driving the Market are Advancements in RNA Interference (RNAi) Technology, Increasing Prevalence of Genetic Disorders, Expanding Applications in Neurological Disorders, Technological Advancements in CRISPR/Cas9, Precision Medicine for Oncology, Expansion into Rare Genetic Diseases.
The “Cancer Therapeutics” had the largest share in the global market for Gene Silencing.
The “RNA Interference (RNAi)” category dominated the market in 2023.
The key players in the market are Alnylam Pharmaceuticals Inc., Arrowhead Pharmaceuticals Inc., Dicerna Pharmaceuticals Inc., Ionis Pharmaceuticals Inc., Quark Pharmaceuticals Inc., Benitec Biopharma Limited, GenScript Biotech Corporation, GeneCopoeia Inc., Sirion Biotech GmbH, Oxford BioMedica plc, AstraZeneca plc, Merck & Co. Inc., Novartis International AG, Roche Holding AG, Thermo Fisher Scientific Inc., Others.
“North America” had the largest share in the Gene Silencing Market.
The global market is projected to grow at a CAGR of 8.2% during the forecast period, 2024-2033.
The Gene Silencing Market size was valued at USD 5.2 Billion in 2024.