Rising investments in the development of advanced microRNA techniques and tools contribute to the global market growth
MicroRNA (miRNA) Market Size – USD 213.4 Million in 2020, Market Growth – CAGR of 11.6%, Market Trends – Introduction of next-generation miRNA sequencing technologies
The global microRNA (miRNA) market size is expected to reach USD 516.9 million by 2028 at a CAGR of 11.6%, according to a new report by Reports and Data. Significant revenue growth is mainly attributed to increasing research & development programs on genomics and RNA biology, rise in adoption of high-throughput miRNA analysis techniques, and emergence of next-generation miRNA sequencing techniques. Rising prevalence of chronic disorders such as cancer, increasing infectious disease outbreaks such as the ongoing COVID-19 pandemic, and growing applications of miRNA in the pharmaceutical and biotechnology sectors are other key factors responsible for market growth. Furthermore, major advancements in gene sequencing technologies and rise in government investments in life sciences R&D activities bolster the global microRNA (miRNA) market growth.
A microRNA (miRNA) is a small, single-stranded RNA molecule present in animals, plants, and different viruses. Post-transcriptional regulation of gene expression and RNA silencing are two of the key functional areas of miRNAs. miRNAs complement messenger RNA (mRNA) in down-regulating the gene expression and also regulate several vital cellular functions such as cell differentiation, proliferation, and apoptosis. Besides identifying different cell types, they play an indispensable role in cell physiology and development and various pathological processes such as viral infections, autoimmune diseases, and carcinogenesis. miRNAs are present in various mammalian cell types in large numbers. MicroRNA sequencing is a form of RNA sequencing that involves next-generation DNA sequencing technology and is performed by researchers to study miRNA isoforms, tissue-specific expression patterns, and disease associations.
Agilent Technologies, Exigon, Merck KGA, Illumina, Inc., NanoString Technologies, Inc., and Thermo Fischer Scientific are among the leading competitors in the global microRNA (miRNA) market
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For the purpose of this report, the global microRNA (miRNA) market is segmented on the basis of product type, research tools and services, application, end-use, and region:
Product Type Outlook (Revenue, USD Million; 2018-2028)
Research Tools and Services Outlook (Revenue, USD Million; 2018-2028)
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Application Outlook (Revenue, USD Million; 2018-2028)
End-use Outlook (Revenue, USD Million; 2018-2028)
Regional Outlook (Revenue, USD Million; 2018-2028)
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Rising prevalence of chronic disorders
3.2. Increasing Strategic Alliances in the Market
3.3. Increase in researches undertaken to explore the role of microRNAs
Chapter 4. MicroRNA (miRNA) Market Segmentation & Impact Analysis
4.1. MicroRNA (miRNA) Market Segmentation Analysis
4.2. MicroRNA (miRNA) Market Value Chain Analysis, 2019-2026
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