Product Code: GVR-2-68038-298-3
Exosomes Market Growth & Trends:
The global exosomes market size is projected to reach USD 794.2 million by 2030, registering a CAGR of 28.38% over the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the market include technological advancements in exosome isolation and analytical procedures, growth in government and non-government initiatives for exosome research, and the increasing prevalence of cancer. For instance, according to the World Health Organization (WHO), in 2020 there were about 10 million deaths due to cancer, making it one of the foremost causes of death worldwide. The industry is anticipated to witness rapid growth, owing to the factors, such as the growing need for the identification of cancer biomarkers, detection of infectious agents, and discovery of treatment options for neurodegenerative & Cardiovascular Diseases (CVDs).
Exosomes released by cells into body fluids display different RNA, protein, and lipid contents in patients with various disease conditions as compared to healthy individuals. Hence, exosomes can be used for the development of diagnostic procedures using biomarker identification. The rising demand for fast, accurate, and minimally invasive diagnostic procedures, thus, represents a promising opportunity for the growth of exosome applications. The COVID-19 pandemic led to the disruption of clinical trials investigating the diagnostic and therapeutic potential of exosomes in 2020. In addition, nationwide lockdown restrictions, disruption of supply chains, and diversion of investments toward COVID-19-related products led to a decrease in the research and development activities involving exosomes.
Despite the adverse impact in 2020, the pandemic has opened up several new prospects for the development of COVID-19 vaccines and treatments with the use of exosomes, which, in turn, is expected to boost industry growth over the coming years. For instance, in March 2021, Cell Guidance Systems, a U.S.-based biotechnology research organization, announced plans for the development of exosome therapeutics for treating COVID-19 disease. Moreover, growth in government and non-government initiatives for exosome research is likely to drive the growth during the study period. For instance, in Jan 2023, Mantra Bio raised funding of USD 9 million to advance the development of its lead-targeted exosome therapeutics program.
Similarly, in February 2021, Evox Therapeutics raised a funding of USD 95.18 million to advance the exosome therapeutics and expand the company's leading exome platform DeliverEX globally. However, stringent regulations pertaining to the approval and commercialization of exosome products may hamper the growth of the industry over the forecast period. In addition, technical difficulties associated with the implementation of exosomes in various applications may hamper the growth during the study period. Some of the major challenges include the lack of efficient transfection strategies and the need for optimization of purification methods. Such, challenges are anticipated to impede the market growth.
Exosomes Market Report Highlights:
- The kits & reagents segment held the largest revenue share in 2023. Isolation of extracellular vesicles can be difficult, non-specific, and a tedious process. Hence, key players are launching innovative kits and reagents to broaden the applications of exosomes, which is fueling the segment growth
- By workflow, the downstream analysis segment accounted for the largest share in 2023. Major players are offering various technologically advanced products for increasing the utility of downstream analyses, which can positively affect the segment growth
- The cancer application segment dominated the market in 2023 due to the broad range of applications of exosomes in cancer diagnosis, prognosis, and treatment
- The pharmaceutical & biotechnology companies end-use led industry in 2023 due to a rise in the R&D activities
- North America was the dominant region in 2023 due to the presence of key players, rising government funding for the detection of new biomarkers, and high incidence of chronic conditions
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.2.1. Product & Service Segment
- 1.2.2. Workflow Segment
- 1.2.3. Application Segment
- 1.2.4. End-use Segment
- 1.3. Information analysis
- 1.3.1. Market formulation & data visualization
- 1.4. Data validation & publishing
- 1.5. Information Procurement
- 1.6. Information or Data Analysis
- 1.7. Market Formulation & Validation
- 1.8. Market Model
- 1.9. Total Market: CAGR Calculation
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Snapshot
- 2.3. Competitive Insights Landscape
Chapter 3. Exosomes Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook.
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Technological advancements in exosomes isolation and analytical procedures
- 3.2.1.2. Advanced applications of exosomes
- 3.2.1.3. Growth in government and non-government initiatives for exosome research
- 3.2.1.4. Increasing prevalence of cancer
- 3.2.2. Market restraint analysis
- 3.2.2.1. Stringent regulations pertaining to approval
- 3.2.2.2. Challenges associated with implementation of exosome-based therapies
- 3.3. Exosomes Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
Chapter 4. Exosomes Market: Product & Service Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Global Exosomes Market Product & Service Movement Analysis
- 4.3. Global Exosomes Market Size & Trend Analysis, by Product & Service, 2018 to 2030 (USD Million)
- 4.4. Kits & reagents
- 4.4.1. Kits & reagents market estimates and forecasts 2018 to 2030 (USD Million)
- 4.5. Instruments
- 4.5.1. Instruments market estimates and forecasts 2018 to 2030 (USD Million)
- 4.6. Services
- 4.6.1. Services market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Exosomes Market: Workflow Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Global Exosomes Market Workflow Movement Analysis
- 5.3. Global Exosomes Market Size & Trend Analysis, by Workflow, 2018 to 2030 (USD Million)
- 5.4. Isolation Methods
- 5.4.1. Isolation methods market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.2. Ultracentrifugation
- 5.4.2.1. Ultracentrifugation market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.3. Immunocapture on beads
- 5.4.3.1. Immunocapture on beads market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.4. Precipitation
- 5.4.4.1. Precipitation market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.5. Filtration
- 5.4.5.1. Filtration market estimates and forecasts 2018 to 2030 (USD Million)
- 5.4.6. Others
- 5.4.6.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5. Downstream Analysis
- 5.5.1. Downstream analysis market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5.2. Cell surface marker analysis using flow cytometry
- 5.5.2.1. Cell surface marker analysis using flow cytometry market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5.3. Protein Analysis using blotting & ELISA
- 5.5.3.1. Protein Analysis using blotting & ELISA market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5.4. RNA analysis with NGS & PCR
- 5.5.4.1. RNA analysis with NGS & PCR market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5.5. Proteomic analysis using mass spectroscopy
- 5.5.5.1. Proteomic analysis using mass spectroscopy market estimates and forecasts 2018 to 2030 (USD Million)
- 5.5.6. Others
- 5.5.6.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Exosomes Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Global Exosomes Market Application Movement Analysis
- 6.3. Global Exosomes Market Size & Trend Analysis, by Application, 2018 to 2030 (USD Million)
- 6.4. Cancer
- 6.4.1. Cancer market estimates and forecasts 2018 to 2030 (USD Million)
- 6.5. Neurodegenerative Diseases
- 6.5.1. Neurodegenerative diseases market estimates and forecasts 2018 to 2030 (USD Million)
- 6.6. Cardiovascular Diseases
- 6.6.1. Cardiovascular diseases market estimates and forecasts 2018 to 2030 (USD Million)
- 6.7. Infectious Diseases
- 6.7.1. Infectious diseases market estimates and forecasts 2018 to 2030 (USD Million)
- 6.8. Others
- 6.8.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Exosomes Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Global Exosomes Market End Use Movement Analysis
- 7.3. Global Exosomes Market Size & Trend Analysis, by End Use, 2018 to 2030 (USD Million)
- 7.4. Pharmaceutical & Biotechnology Companies
- 7.4.1. Pharmaceutical & biotechnology companies market estimates and forecasts 2018 to 2030 (USD Million)
- 7.5. Hospitals & Diagnostics Centers
- 7.5.1. Hospitals & diagnostics centers market estimates and forecasts 2018 to 2030 (USD Million)
- 7.6. Academic & Research Institutes
- 7.6.1. Academic & research institutes market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 8. Exosomes Market: Regional Estimates & Trend Analysis
- 8.1. Regional Market Share Analysis, 2023 & 2030
- 8.2. Regional Market Dashboard
- 8.3. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
- 8.4. North America
- 8.4.1. North America market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.2. U.S.
- 8.4.2.1. Key country dynamics
- 8.4.2.2. Competitive scenario
- 8.4.2.3. U.S. market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.3. Canada
- 8.4.3.1. Key country dynamics
- 8.4.3.2. Competitive scenario
- 8.4.3.3. Canada market estimates and forecasts 2018 to 2030 (USD Million)
- 8.4.4. Mexico
- 8.4.4.1. Key country dynamics
- 8.4.4.2. Competitive scenario
- 8.4.4.3. Mexico market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5. Europe
- 8.5.1. Europe market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.2. UK
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Competitive scenario
- 8.5.2.3. UK market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.3. Germany
- 8.5.3.1. Key country dynamics
- 8.5.3.2. Competitive scenario
- 8.5.3.3. Germany market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.4. France
- 8.5.4.1. Key country dynamics
- 8.5.4.2. Competitive scenario
- 8.5.4.3. France market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.5. Italy
- 8.5.5.1. Key country dynamics
- 8.5.5.2. Competitive scenario
- 8.5.5.3. Italy market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.6. Spain
- 8.5.6.1. Key country dynamics
- 8.5.6.2. Competitive scenario
- 8.5.6.3. Spain market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.7. Norway
- 8.5.7.1. Key country dynamics
- 8.5.7.2. Competitive scenario
- 8.5.7.3. Norway market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.8. Sweden
- 8.5.8.1. Key country dynamics
- 8.5.8.2. Competitive scenario
- 8.5.8.3. Sweden market estimates and forecasts 2018 to 2030 (USD Million)
- 8.5.9. Denmark
- 8.5.9.1. Key country dynamics
- 8.5.9.2. Competitive scenario
- 8.5.9.3. Denmark market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6. Asia Pacific
- 8.6.1. Asia Pacific market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.2. Japan
- 8.6.2.1. Key country dynamics
- 8.6.2.2. Competitive scenario
- 8.6.2.3. Japan market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.3. China
- 8.6.3.1. Key country dynamics
- 8.6.3.2. Competitive scenario
- 8.6.3.3. China market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.4. India
- 8.6.4.1. Key country dynamics
- 8.6.4.2. Competitive scenario
- 8.6.4.3. India market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.5. Australia
- 8.6.5.1. Key country dynamics
- 8.6.5.2. Competitive scenario
- 8.6.5.3. Australia market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.6. South Korea
- 8.6.6.1. Key country dynamics
- 8.6.6.2. Competitive scenario
- 8.6.6.3. South Korea market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.7. Thailand
- 8.6.7.1. Key country dynamics
- 8.6.7.2. Competitive scenario
- 8.6.7.3. Thailand market estimates and forecasts 2018 to 2030 (USD Million)
- 8.6.8. Singapore
- 8.6.8.1. Key country dynamics
- 8.6.8.2. Competitive scenario
- 8.6.8.3. Singapore market estimates and forecasts 2018 to 2030 (USD Million)
- 8.7. Latin America
- 8.7.1. Latin America market estimates and forecasts 2018 to 2030 (USD Million)
- 8.7.2. Brazil
- 8.7.2.1. Key country dynamics
- 8.7.2.2. Competitive scenario
- 8.7.2.3. Brazil market estimates and forecasts 2018 to 2030 (USD Million)
- 8.7.3. Argentina
- 8.7.3.1. Key country dynamics
- 8.7.3.2. Competitive scenario
- 8.7.3.3. Argentina market estimates and forecasts 2018 to 2030 (USD Million)
- 8.8. MEA
- 8.8.1. MEA market estimates and forecasts 2018 to 2030 (USD Million)
- 8.8.2. South Africa
- 8.8.2.1. Key country dynamics
- 8.8.2.2. Competitive scenario
- 8.8.2.3. South Africa market estimates and forecasts 2018 to 2030 (USD Million)
- 8.8.3. Saudi Arabia
- 8.8.3.1. Key country dynamics
- 8.8.3.2. Competitive scenario
- 8.8.3.3. Saudi Arabia market estimates and forecasts 2018 to 2030 (USD Million)
- 8.8.4. UAE
- 8.8.4.1. Key country dynamics
- 8.8.4.2. Competitive scenario
- 8.8.4.3. UAE market estimates and forecasts 2018 to 2030 (USD Million)
- 8.8.5. Kuwait
- 8.8.5.1. Key country dynamics
- 8.8.5.2. Competitive scenario
- 8.8.5.3. Kuwait market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company/Competition Categorization
- 9.2. Strategy Mapping
- 9.3. Company Market Position Analysis, 2023
- 9.4. Company Profiles/Listing
- 9.4.1. Bio-Techne
- 9.4.1.1. Company overview
- 9.4.1.2. Financial performance
- 9.4.1.3. Product/Service benchmarking
- 9.4.1.4. Strategic initiatives
- 9.4.2. Danaher
- 9.4.2.1. Company overview
- 9.4.2.2. Financial performance
- 9.4.2.3. Product/Service benchmarking
- 9.4.2.4. Strategic initiatives
- 9.4.3. Hologic Inc.
- 9.4.3.1. Company overview
- 9.4.3.2. Financial performance
- 9.4.3.3. Product/Service benchmarking
- 9.4.3.4. Strategic initiatives
- 9.4.4. Fujifilm Holdings Corporation
- 9.4.4.1. Company overview
- 9.4.4.2. Financial performance
- 9.4.4.3. Product/Service benchmarking
- 9.4.4.4. Strategic initiatives
- 9.4.5. Lonza
- 9.4.5.1. Company overview
- 9.4.5.2. Financial performance
- 9.4.5.3. Product/Service benchmarking
- 9.4.5.4. Strategic initiatives
- 9.4.6. Miltenyi Biotec
- 9.4.6.1. Company overview
- 9.4.6.2. Financial performance
- 9.4.6.3. Product/Service benchmarking
- 9.4.6.4. Strategic initiatives
- 9.4.7. Qiagen
- 9.4.7.1. Company overview
- 9.4.7.2. Financial performance
- 9.4.7.3. Product/Service benchmarking
- 9.4.7.4. Strategic initiatives
- 9.4.8. Thermo Fisher Scientific, Inc.
- 9.4.8.1. Company overview
- 9.4.8.2. Financial performance
- 9.4.8.3. Product/Service benchmarking
- 9.4.8.4. Strategic initiatives
- 9.4.9. Abcam Plc
- 9.4.9.1. Company overview
- 9.4.9.2. Financial performance
- 9.4.9.3. Product/Service benchmarking
- 9.4.9.4. Strategic initiatives
- 9.4.10. RoosterBio, Inc.
- 9.4.10.1. Company overview
- 9.4.10.2. Financial performance
- 9.4.10.3. Product/Service benchmarking
- 9.4.10.4. Strategic initiatives