miRNA Sequencing and Assay Market worth 343 Million USD till 2024 | Illumina, Thermo Fisher Scientific, QIAGEN, Takara Bio,NEB

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Top Key Players in the “miRNA Sequencing and Assay Market” include are
• Illumina (US)
• Thermo Fisher Scientific (US)
• QIAGEN (Germany)
• Takara Bio (Japan)
• NEB (UK)

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The miRNA Sequencing and Assays Market is projected to reach US$ 343 Million by 2024 from US$ 182 Million in 2018, at a CAGR of 11.2%. The miRNA sequencing and assays market is driven by various factors such as the advantages of miRNA sequencing over other technologies, increasing research funding for genomics, and the decreasing cost of sequencing.

“The sequencing consumables segment held the dominant share of the market in 2018.”
Based on product, the miRNA sequencing & assays market is segmented into library preparation kits and sequencing consumables. Sequencing consumables dominated the market with a larger share in 2018. The large share of this segment can primarily be attributed to the repeat purchases of kits due to their high requirement and the high costs compared to library preparation kits.

“The sequencing by synthesis segment is projected to hold the largest market share of the market during the forecast period.”
By technology, the miRNA sequencing & assays market is segmented into sequencing by synthesis, ion semiconductor sequencing, SOLiD, and Nanopore sequencing. The sequencing by synthesis segment dominated the market with the largest share in 2018due to the technological advancements in sequencing by synthesis platforms and the reduced cost of sequencing.

“Asia Pacific is expected to record the highest growth rate during the forecast period.”
The APAC miRNA sequencing and assays market, particularly in China, Japan, South Korea, Singapore, and India is expected to witness high growth in the next five years. The rising R&D funding for life sciences research, rapid growth of its life sciences industry, increasing adoption of NGS for miRNA analysis are the major factors driving the growth of this market.

Profile break-up of primary participants for the report:
• By Company Type: Tier 1: 48%, Tier 2: 34%, and Tier 3: 18%
• By Designation: C-level Executives: 42%, Directors: 14%, and Others:18%
• By Region: North America: 38%, Europe: 25%, APAC: 30%, and RoW: 7%

Reason to buy this report:
The report will provide market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall miRNA sequencing and assays market and its sub segments. This report will help the stakeholders to understand the competitive landscape, to gain insights to better position their businesses, and to plan suitable go-to-market strategies.

The Study Objectives of this report are:

• To forecast the size of market segments in North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)

• To define, describe, segment, and forecast the miRNA sequencing and assays market by product, technology, end user, and region

• To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and challenges)

• To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market

• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

• To profile the key players and comprehensively analyze their core competencies in terms of key market developments, product portfolios, and financials

• To track and analyze competitive developments such as acquisitions, product developments, partnerships, agreements, collaborations, and expansions in the miRNA sequencing and assays market

Complete report on miRNA Sequencing and Assay Market spread across 98 Pages, profiling 10 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=1994009

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