PUBLISHER: Allied Market Research | PRODUCT CODE: 1108587
PUBLISHER: Allied Market Research | PRODUCT CODE: 1108587
The global miRNA tools and services market was valued $311.86 million in 2021 and expected to reach $1,822.15 million by 2031, with a CAGR of 19.3% from 2022 to 2031. After the process of transcription, the molecules that regulate gene expressions are microRNAs (miRNAs). MiRNAs are a type of non-coding RNA. MiRNAs have been found in a variety of organs and extracellularly in bio fluids such serum, plasma, saliva, and urine. Because miRNAs are highly stable in samples like FFPE, plasma, and serum, they can be used to generate biomarkers and clinical diagnostics. MicroRNA (miRNA) is a type of noncoding RNA with a length of 22nt that is responsible for RNA silencing and post-transcriptional regulation of gene expression in numerous cancer cells at the same time. Base-pairing with complementary sequences within mRNA molecules is how they work. They've recently been studied as novel therapeutic agents for treating a variety of illnesses, including cancer and infections.
Development of new product tools is one of the most important recent advancements in the miRNA market. Nano String Technologies Inc., for example, launched the GeoMx Digital Spatial Profiler in 2020, which allowed for highly-multiplexed spatial profiling of RNA and protein targets in a range of sample types, including FFPE tissue sections.
Recent advancements in microRNA applications, such as possible biomarkers in sophisticated diagnostics, have accelerated the development of new products and research in exploration of miRNA are all factors that drive the growth of miRNA tools and services market. The formation of massive amounts of public and private money is one of the primary factors contributing to market expansion. Advantages of miRNA sequencing over other technologies, increase in development of genomics products, and decline in the falling cost of sequencing are all driving this market forward. However, the inconvenient nature of microRNAs' development is exacerbated by their complexity and fragility. Furthermore, the market is expected to flourish by bioinformatics and technologically improved systems, such as Next-Generation Sequencing.
The miRNA tools and services market is segmented on the basis of product, technology, end user, and region. By product, the industry classified into research tools and services. The research tools segment is further segmented into kits, reagents, and other consumables, and services segment is fragmented into miRNA extraction services, quantification services, microarray services, sequencing services, functional studies services, and others. By technology the market is segregated into extraction tools, qrt-pcr, next-generation sequencing, microarray, functional analysis tools and others.
By end user, the market is classified into research & academic institutes, in vitro diagnostics, pharma & biotech companies, and contract research organizations s. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Product and Services
By Technology
By End User
By Region