miRNA Tools and Services Market Scope
miRNA is a set of small, non-coding RNA molecules that regulate gene expression post transcription. These molecules have an impact on a wide range of biological functions such as cell cycle control, stem cell differentiation, immune modulation, viral replication, and metabolic control. As the aforementioned processes are involved in the pathology of various diseases, tests performed on miRNAs help in disease treatment. Moreover, miRNAs can be easily manipulated than proteins, thus making them more useful for clinical diagnostics and therapeutics applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Affymetrix (United States), Agilent (United States), Asuragen (United States), Bio-Rad (United States), Dharmacon (United States), Exiqon (Denmark), GeneCopoeia (United States), GenoSensor (United States), Hummingbird Diagnostics (Germany) and HTG Molecular Diagnostics (United States) |
CAGR | % |
The companies operating in this industry are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focus on maintaining sustainable development. The players are focusing on securing the leading position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet a high market share, and developing socially responsible business companies are identifying various strategic pillars such as mergers & acquisitions, new product launch, product enhancement, and others. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global miRNA Tools and Services market throughout the predicted period.
Affymetrix (United States), Agilent (United States), Asuragen (United States), Bio-Rad (United States), Dharmacon (United States), Exiqon (Denmark), GeneCopoeia (United States), GenoSensor (United States), Hummingbird Diagnostics (Germany) and HTG Molecular Diagnostics (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Illumina, Integrated DNA Technologies, LC Sciences and Luminex.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global miRNA Tools and Services market by Type , by Application (Diagnostic Centers, Academic and Research Institutes, Biopharmaceutical Companies and Contract Research Organizations) and Region with country level break-up.
On the basis of geography, the market of miRNA Tools and Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
In November 2023, QIAGEN introduced new QIAcuity digital PCR kits & improved software to help biopharma and food safety customers expand their utilization
Influencing Trend:
Technological Innovation for Improving the Sensitivity and Selectivity of miRNA Detection
Market Growth Drivers:
Increasing Adoption of microRNA as a Biomarker
Challenges:
High Cost Associated with the miRNA Tools and Services
Restraints:
Lack of Supply Chain in Underdeveloped Regions
Opportunities:
Steep Increase in the Research Activities Exploring the Potential of miRNA
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, miRNA Tools Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries