Press release
MicroRNA Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
MicroRNA Market Size
What Is the Projected Growth of the MicroRNA Market?
The microRNA market size has surged rapidly in recent years. It will expand from $1.33 billion in 2024 to $1.58 billion in 2025 at a CAGR of 18.9%. Growth in the historic period was driven by discoveries in microRNA biology, advances in RNA interference technologies, genome sequencing progress, innovations in computational biology, and research on extracellular vesicles.
The microrna market is projected to experience rapid growth, reaching $3.11 billion by 2029, at a compound annual growth rate (CAGR) of 18.5%. This growth is driven by clinical translation, advancements in regulatory networks and systems biology, microRNA-based therapeutics, their therapeutic potential, and biomarker discovery. Key trends include technological advancements, bioinformatics and data analysis, cross-species conservation, microbiome interactions, and exploration of functional mechanisms.
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What Are the Different MicroRNA Market Segments?
The microrna market covered in this report is segmented -
1) By Products: Instruments, Consumables
2) By Assay Type: Immunoassay, Next Generation Sequencing, miRNA Arrays, Polymerase Chain Reaction (PCR) Based Arrays
3) By Application: Cancer, Infectious Diseases, Immunological Disorder, Cardiovascular Disease, Neurological Disease, Other Applications
4) By End User: Academic And Research Institutes, Biopharmaceutical Companies, Diagnostic Centers, Clinical Research Organizations
Subsegments:
1) By Instruments: Qpcr Systems (Quantitative Pcr), Microarray Platforms, Next-Generation Sequencing (Ngs) Systems, Real-Time Pcr Instruments, Microrna Analyzers
2) By Consumables: Microrna Kits ( Extraction Kits, Detection Kits), Pcr Reagents, Primers And Probes, Microarrays And Chips, Rna Sequencing Kits
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What Are the Primary Drivers Shaping the MicroRNA Market?
The microRNA market is set to grow as a result of the rising incidence of cancer cases. With cancer diagnoses increasing globally, microRNAs are being explored for their potential in both enhancing traditional cancer treatments and serving as diagnostic biomarkers. According to the National Cancer Institute, the number of cancer cases and related deaths is projected to rise significantly by 2040, further driving the demand for microRNA-based solutions.
Which Companies Are Leading in the MicroRNA Market?
Major companies operating in the MicroRNA market are Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies Inc., Kaneka Corporation, Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Miltenyi Biotec, LGC Limited, Promega Corporation, Abcam plc, Integrated DNA Technologies Inc., NanoString Technologies Inc., Biodynamics Laboratory Inc., Horizon Discovery Ltd., OriGene Technologies Inc., Biogenex Laboratories, Omega Bio-Tek, New England Biolabs, Quantabio, SeqMatic LLC, GeneCopoeia Inc., HTG Molecular Diagnostics Inc., Synlogic Inc., Sistemic Scotland Limited
What Are the Major Trends Shaping the MicroRNA Market?
Key players in the microRNA market are prioritizing the development of innovative solutions such as MiRNA probe customization services with the aim to cater to the particular requirements of researchers and clinicians, improve the precision of miRNA detection, and support a plethora of applications. This refers to unique services provided by biotechnology and molecular biology firms to create and prepare customized probes that correspond to specific microRNAs (miRNAs) for a variety of research and clinical uses. In September 2023, for example, Abnova Corporation, a biotech company based in Taiwan, introduced enhanced miRNA probe customization services, and a fresh series of cataloged miRNA probes, aiming to fulfill the varying requirements of academic, industrial, and miRNA research communities. These probes are critical in recognizing and accurately pinpointing miRNAs, small non-coding RNA molecules that are integral to numerous biological processes. The customization services offered by Abnova guarantee maximum specificity and minimal cross-reactivity, rendering them ideal for the analysis of samples with scarce miRNA content.
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What Are the Top Revenue-Generating Geographies in the MicroRNA Market?
North America was the largest region in the microRNA market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the MicroRNA market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the MicroRNA Market?
2. What is the CAGR expected in the MicroRNA Market?
3. What Are the Key Innovations Transforming the MicroRNA Industry?
4. Which Region Is Leading the MicroRNA Market?
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