According to a new market report published by Lucintel, the future of the
microRNA (miRNA) market looks promising with opportunities in cancer, infectious disease, immunological disorder, cardiovascular disease, and neurological disease applications. The global microRNA (miRNA) market is expected to grow with a CAGR of 18% from 2020 to 2025. The major drivers for this market are advancements in analytical methods that enable accurate detection & quantification of miRNAs and investments in research activities for identification of miRNAs.
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A microRNA is a small non-coding RNA molecule found in plants, animals and some viruses, that functions in RNA silencing and post-transcriptional regulation of gene expression. In this market, services (sample collection (whole blood, serum, and plasma), miRNA cDNA synthesis, profiling & purification, detection, and functional studies (NGS, microarray, real time PCR, and others), and products (instruments and consumables (isolation & purification, quantification & detection, functional analysis, and others) are the major research tool. Lucintel forecasts that consumables will remain the largest segment over the forecast period due to higher adoption of functional studies to investigate the role of different miRNAs and increase in advanced studies with help of highly sophisticated equipment such as NGS and qRT-PCR.
Within this market, academic & government research institutes will remain the largest end user segment over the forecast period due to rapid adoption of microRNA research tool by universities and research labs and adoption of research tools in translation of scientific knowledge to clinical applications.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due presence of strong technical support and well-established research infrastructure in genomics, proteomics, oncology, and advanced diagnostic research, rapid progress in genomic studies.
Thermofisher Scientific, Agilent Technologies, Merck, QIAGEN, and NanoString Technologies are among the major suppliers in the global microRNA (miRNA) market.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global microRNA (miRNA) market by research tool, application, end user, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global MicroRNA (miRNA) Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global microRNA (miRNA) market by research tool, application, end user, and region as follows:
By Research Tool [Value ($ Million) shipment analysis for 2014 – 2025]:
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Services
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Sample collection
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miRNA cDNA Synthesis
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Profiling & Purification
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Detection
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Functional Studies
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NGS
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Microarray
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Real Time PCR
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Others
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Products
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Instruments
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Consumables
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Isolation & Purification
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Quantification & Detection
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Functional Analysis
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Others
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
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Cancer
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Infectious Diseases
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Immunological Disorders
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Cardiovascular Diseases
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Neurological Diseases
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Others
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
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Biotechnology and Pharmaceutical Companies
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Academic & Government Research Institutes
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Others
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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United States
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Canada
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Mexico
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United Kingdom
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Spain
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Germany
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France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.