Exosome Diagnostics and Therapeutics Market Size, Share, By Product Type, Source, Application, End-User, and Region - Trends, Analysis, and Forecast till 2034

Report Code: PMI533024 | Publish Date: June 2024 | No. of Pages: 183

Exosome Diagnostics And Therapeutics Market Overview

  • By 2034, the exosome diagnostics and therapeutics market size is expected to be USD 217.6 million.
  • In 2024, the market was valued at USD 89.2 million.
  • The market is projected to grow at a CAGR of 10.3% during the forecast period.

Exosome Diagnostics and Therapeutics is the application of exosomes, tiny extracellular vesicles produced by cells, for diagnostic and therapeutic reasons in healthcare. Exosomes are essential for intercellular communication because they transport a variety of chemicals between cells, including lipids, proteins, and nucleic acids. Exosomes are being investigated in diagnostics as potential biomarkers for several illnesses, including cancer, neurological conditions, and cardiovascular ailments. The rising patient comfort and compliance is expected to boost market expansion during the forecast period.

Key Takeaways:

  • High investments from the government and private sectors is boosting the market growth in North America.
  • Asia Pacific is expected to witness significant growth during the forecast period. The segment’s growth is attributed to the rising investments from China, Japan, India, and South Korea.

Exosome Diagnostics and Therapeutics Market

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Exosome Diagnostics And Therapeutics Market Drivers & Restraints

Key Drivers of Target Market:

Great Potential for Minimally Invasive Surgeries to Propel Market Expansion

  • Exosomes can be easily accessed for diagnostic reasons using minimally invasive treatments since they are present in various biofluids, such as blood, urine, and cerebrospinal fluid. Compared to conventional tissue biopsy techniques, which can be more intrusive and potentially dangerous, exosome-based diagnostics provide several advantages due to their non-invasive nature. Without requiring repeated tissue samples, exosomes can be used as liquid biopsy instruments to monitor the course of a disease and its response to therapy in real time.

Enhanced Therapeutic Efficacy to Aid Market Expansion

  • The market for exosome diagnostics and therapeutics is also fueled by the possibility of using exosomes as targeted drug delivery vehicles, which might increase the effectiveness of treatment. Due to their unique qualities, exosomes are ideal candidates for delivering therapeutic compounds to specific target cells or organs. Many traditional medication delivery techniques have substantial challenges due to the inability of exosomes to pass biological barriers, such as the blood-brain barrier naturally. This property makes exosomes very attractive for therapeutic transport to the central nervous system, allowing for treating neurological conditions such as brain tumors, Parkinson's disease, and Alzheimer's disease.

Restraints:

Lack of Standardization Can Hamper Market Expansion

  • The absence of established procedures for exosome separation, characterization, and analysis is one of the main obstacles to the exosome diagnostics and therapeutics market. Exosomes are naturally diverse, and the kind of cell, the conditions under which they are found, and the techniques employed for separation can all affect their makeup. This diversity makes it challenging to create consistent and repeatable outcomes across many research groups and therapeutic settings. To overcome this limitation and guarantee consistent and dependable findings, robust and proven procedures for exosome separation, purification, and characterization must be developed.

Opportunities:

Demand for Personalized Medicine to Provide Better Future Opportunities

  • With regard to precision therapies and customized medicine, exosomes have enormous promise. Insights about a person's illness can be gained through the molecular cargo carried by exosomes, leading to more individualized techniques for diagnosis and therapy. Furthermore, there are prospects for creating tailored and targeted treatments depending on a patient's distinct molecular profile or illness features thanks to the capacity to design exosomes with particular therapeutic payloads. This individualized strategy might result in more effective treatment outcomes and better disease management.

Exosome Diagnostics And Therapeutics Market Segmentations & Regional Insights

The exosome diagnostics and therapeutics market is classified into product type, application, end-user, and region.

Product Type Insights:

On the basis of product type, the market is segmented into reagents & kits, instruments, and software. The reagents & kits segment is expected to dominate the market during the forecast period as they simplify the workflow and guarantee consistency.

Source Insights:

By source, the market is trifurcated into blood & blood plasma, stem cells, and urine. The blood & blood plasma source segment is expected to hold the dominant exosome diagnostics and therapeutics market share as they are richest source of exosomes with less intrusive collection required.

Application Insights:

Based on application, the market is bifurcated into diagnostics and therapeutics. The diagnostics segment is projected to lead the market owing to the ability of exosomes to detect diseases.

End-User:

Under end-user, the market is categorized into hospitals & clinics, research institutions, and pharmaceutical companies. The hospitals & clinics segment is leading the market growth. The growth is projected to their increasing use of exosome-based diagnostic procedures and treatments.

Regional Insights:

Based on geography, the exosome diagnostics and therapeutics market is analyzed across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

  • North America: During the projected period, the exosome diagnostics and therapeutics market is anticipated to be led by North America, which includes the United States and Canada. The governmental and corporate sectors have made large investments in this region, which puts it at the forefront of exosome-based diagnostics and treatment research.
  • Asia Pacific: Over the forecast period, the exosome diagnostics and therapeutics market is expected to rise significantly in the Asia Pacific region. Recognizing the promise of exosome-based technology, nations including China, Japan, South Korea, and India are investing significantly in healthcare research and development.

Exosome Diagnostics and Therapeutics Market Report Scope:

Attribute

Details

Market Size 2024

US$ 89.2 million

Projected Market Size 2034

USD 217.6 million

CAGR Growth Rate

10.3%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2024 to 2034

Market Segmentation

By Product Type - Reagents & Kits, Instruments, and Software

By Source - Blood & Blood Plasma, Stem Cells, and Urine

By Application - Diagnostics and Therapeutics

By End-User - Hospitals & Clinics, Research Institutions, and Pharmaceutical companies

Regional scope

North America - U.S. and Canada

Europe – U.K., Germany, Spain, France, Italy, Russia, and Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, and Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, and Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segmentation:

By Product Type:

  • Reagents & Kits
  • Instruments
  • Software

By Source:

  • Blood & Blood Plasma
  • Stem Cells
  • Urine

By Application:

  • Diagnostics
  • Therapeutics

By End-User:

  • Hospitals & Clinics
  • Research Institutions
  • Pharmaceutical companies

By Region:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Exosome Diagnostics And Therapeutics Market Competitive Landscape & Key Players

The leading players in the exosome diagnostics and therapeutics market are Thermo Fisher Scientific, Aethlon Medical, Inc., Malvern Instruments, and others. These players are adopting strategies, such as partnerships, new product launches, and others to sustain their position in the market.

List of Key Players in the Market:

  • Thermo Fisher Scientific
  • Malvern Instruments
  • Aethlon Medical, Inc.
  • Lonza Group (HansaBioMed Life Sciences Ltd.)
  • Exiqon A/S
  • NanoSomix
  • AMS Biotechnology
  • Miltenyi Biotec
  • NX Pharmagen
  • Codiak BioSciences Inc.
  • Aegle Therapeutic
  • AcouSort AB
  • Exosome Diagnostics
  • System Biosciences
  • Exosome Sciences
  • Capricor Therapeutic

Exosome Diagnostics and Therapeutics Market Size, Share

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Exosome Diagnostics And Therapeutics Market Recent News

  • In March 2024, UNIVERCELLS TECHNOLOGIES (Belgium) and BIONET (China), two leading participants in Taiwan's regenerative medicine sector, collaborated to integrate the latter's scale-X fixed-bed bioreactor. By employing the scale-X hydro system, BIONET aims to optimize the production of extracellular vesicles (including exosomes) generated by MSCs for therapeutic applications. This suggests a potential advancement in the large-scale manufacturing of standardized exosome-based pharmaceuticals.
  • In September 2023, ResearchDx Inc (ResearchDx), a leading Contract Diagnostics Organization (CDO) that provides comprehensive in vitro diagnostic (IVD) services, and INOVIQ Limited (INOVIQ), a developer of next-generation exosome solutions and precision diagnostics, today announced a license and supply agreement for INOVIQ's EXO-NET exosome capture technology, which will enable the provision of exosome isolation, biomarker discovery, and diagnostics development services in the USA. Through this collaboration, the firms will be able to provide clients in the USA with High-Throughput (HT) exosome separation, biomarker identification, and diagnostics development services that are enabled by EXO-NET.

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Exosome Diagnostics And Therapeutics Market Company Profile

Company Name

Thermo Fisher Scientific

Headquarters

Massachusetts, U.S.

CEO

Marc N. Casper

Employee Count (2023)

122,000 Employees

FAQs

Exosome Diagnostics and Therapeutics Market Size was valued at US$ 89.2 million in 2024 and is expected to grow at a CAGR of 10.3% to reach US$ 217.6 million by 2034

The Exosome Diagnostics and Therapeutics Market is segmented into Product Type, Source, Application, End-User and Region.

Factors driving the market include the increasing need for cutting-edge diagnostic techniques and treatments, especially for highly prevalent illnesses like cancer, which is a major motivator. Exosomes provide a viable path for quicker and more precise diagnosis.

The high expense of exosome separation and testing equipment is a significant impediment to the exosome diagnostics and therapeutics market.

The Exosome Diagnostics and Therapeutics Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Exosome Diagnostics and Therapeutics Market include Thermo Fisher Scientific, Malvern Instruments, Aethlon Medical, Inc., Lonza Group (HansaBioMed Life Sciences Ltd.), Exiqon A/S, NanoSomix, AMS Biotechnology, Miltenyi Biotec, NX Pharmagen, Codiak BioSciences Inc., Aegle Therapeutic, AcouSort AB, Exosome Diagnostics, System Biosciences, Exosome Sciences, and Capricor Therapeutic.