Global MicroRNA Consumables Market Overview:
A microRNA consumable (abbreviated miRNA) is a small single-stranded non-coding RNA molecule found in plants, animals, and some viruses that functions in RNA silencing and post-transcriptional gene expression regulation. MiRNAs work by pairing with complementary sequences in mRNA molecules. As a result, these mRNA molecules are silenced by one or more of the following processes: mRNA strand cleavage into two pieces; mRNA destabilization via shortening of its poly tail; and less efficient translation of the mRNA into proteins by ribosomes. MiRNAs are similar to small interfering RNAs (siRNAs) from the RNA interference (RNAi) pathway, except that miRNAs are derived from RNA transcripts that fold back on themselves to form short hairpins, whereas siRNAs are derived from longer double-stranded RNA regions. The human genome may contain over 1900 miRNAs, though newer research suggests that the figure is closer to 2,300. However, in the manually curated miRNA gene database MirGeneDB, only about 500 human microRNAs are genuine microRNAs.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Advance Methodologies Used for MicroRNA Consumables, RNA Sequencing, and Microarray and Rapid Advancement of Technology in Both Consumer and Industrial Markets
Market Growth Drivers:
High Prevalence and Rise of Cancer Neurological Disorder and Other Medical Conditions and Increased R&D Investments by Government Institute and Biotechnology Companies
Challenges:
Rapid Market Technological Changes in Conjunction with High Consumer Demand and Exact Administration of These Molecules to a Specific Intracellular Location Can Hinder the Growth of MicroRNA Consumables Market
Restraints:
High Cost Associated with the MicroRNA Consumables Can Constrain the MicroRNA Consumables Market and Risk of Eliciting False-Negative and False-Positive Results
Opportunities:
Development of Genomic Technology and Computational Approaches Can Grow the MicroRNA Consumables Market and Advantages Such as Including Ease of Implementation and Compatibility for a Wide Range of MicroRNA Consumables
Competitive Landscape:
The market for microRNA consumables is fiercely competitive, with several large biopharmaceutical companies having a strong presence. The expansion of a patent portfolio is a key growth strategy pursued by keen players in the microRNA market. Sistemic Ltd., for example, announced the expansion of its patent covering the use of microRNAs for predictive analysis of cellular function in July 2020. The patent covers the microRNA expression study of mesenchymal stem cells obtained from various donors to identify miRNAs that will later be linked to cellular functions to support donor screening and develop MSC-based cell therapies.
Some of the key players profiled in the report are Thermo Fisher Scientific (United States), Agilent Technologies (United States), Merck KGaA (Germany), Exiqon A/S (Denmark), NanoString Technologies (United States), GE Healthcare Dharmacon, Inc. (United States), Synlogic (United States), GeneCopoeia, Inc. (United States), New England Biolabs (United States) and Quantabio (United States). Additionally, following companies can also be profiled that are part of our coverage like BioGenex (United States), SeqMatic LLC (United States), Miltenyi Biotec (Germany) and Others. Analyst at AMA Research see United States Players to retain maximum share of Global MicroRNA Consumables market by 2028. Considering Market by End Use, the sub-segment i.e. Biotechnology will boost the MicroRNA Consumables market. Considering Market by Service, the sub-segment i.e. Isolation & Purification will boost the MicroRNA Consumables market.
Latest Market Insights:
On 5th January 2022, Thermo Fisher Scientific Inc., the world leader in science services, and PeproTech, Inc., a leading developer, and manufacturer of recombinant proteins, announced that Thermo Fisher has completed its acquisition of PeproTech for approximately USD1.85 billion in cash.
On 27th July 2022, Miltenyi Biotec, a global provider of biomedical research and cellular therapy products and services, announced the Class III certification of all its CliniMACS Reagents for clinical-scale cell separation under the new European Regulation EU 2017/745 on medical devices. These reagents are used in a wide range of cell processing applications and are crucial in cell and gene therapies such as stem cell transplantation.
Kim is engaged in the regulation of microRNA function. Untemplated nucleotides, usually A or U, are added to the 3' end or tail of a small percentage of microRNAs. Tailing can change the function of microRNAs and, in some cases, act as a molecular switch, resulting in developmental and pathological changes. Kim's lab was curious about whether tailing occurs on other RNAs, such as mRNA. They devised a novel method for sequencing mRNA's 3' tail region, allowing them to measure polyA tail length and detect 3' terminal modifications. They discovered widespread uridylation of mRNAs and demonstrated that the 3' PolyU modification serves to mark mRNAs for decay.
What Can be Explored with the MicroRNA Consumables Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global MicroRNA Consumables Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in MicroRNA Consumables
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global MicroRNA Consumables market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in MicroRNA Consumables market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, MicroRNA Consumables Manufacturers, MicroRNA Consumables Suppliers & Distributors, High-Quality technology Products, Brand Value and recognition, Government Bodies, End-Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.