Precision Business Insights has published a report on the global microRNA market, estimating its value at USD 554.8 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 26.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
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The microRNA market (miRNA) focuses on the study, production, and application of microRNAs—small, non-coding RNA molecules that regulate gene expression by binding to messenger RNA (mRNA). These molecules play critical roles in biological processes, including cell differentiation, proliferation, and apoptosis. The market spans various sectors, such as diagnostics, therapeutics, and research, where miRNAs are used as biomarkers for diseases like cancer, cardiovascular disorders, and neurological conditions.
Drivers:
1)Advancements in genomic technologies: Cutting-edge tools like next-generation sequencing and PCR-based assays enhance miRNA research and applications.
2) Rising interest in functional genomics: miRNAs play a crucial role in gene regulation, driving their use in research and clinical settings.
The global microRNA market segmentation:
1) By Type: MicroRNA Arrays, Next Gen Sequencing, Immunoassay, PCR-Based Assay
2) By Application: Research and Development, Clinical Diagnostics
3) By End-user: Research and Academic Institutes, Biopharmaceutical Companies, Diagnostic Centers
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Regional Overview:
The report also examines the current concerns and their Future Effects on the microRNA market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the microRNA market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like merck kgaa, qiagen, thermo fisher scientific inc., synlogic, genecopoeia, inc., horizon discovery ltd., new england bio labs, quanta bio, nano string, biogenex, seqmatic llc, miltenyi biotech, agilent technologies, inc., promega corporation, abcam plc, kaneka corporation
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