United States MicroRNA Tools and Services Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 12.5% from 2024 to 2030.
The US MicroRNA Tools and Services Market has witnessed remarkable growth in recent years, driven by the increasing demand for advanced molecular research and diagnostics. MicroRNA (miRNA) tools and services are essential for the discovery, analysis, and understanding of gene expression regulation, which plays a pivotal role in various diseases, particularly cancer and neurological disorders. As researchers and pharmaceutical companies aim to develop targeted therapies, the need for sophisticated tools and services in this field continues to rise. This article delves into the different types of tools available in the market, the industries that require them, and the evolving demands that are shaping the sector.
MicroRNA tools and services are broadly categorized into two main types: sequencing-based tools and microarray-based tools. Sequencing-based tools provide accurate and in-depth analysis of miRNA profiles, enabling researchers to identify specific miRNAs involved in diseases. These tools include next-generation sequencing (NGS) platforms, which are widely used for miRNA quantification and profiling. On the other hand, microarray-based tools offer cost-effective solutions for high-throughput screening of miRNA expression, making them popular in large-scale studies. In addition to these core tools, bioinformatics services are increasingly being sought to interpret complex data and identify miRNA biomarkers.
Industries across a broad spectrum are driving the demand for miRNA tools and services. Pharmaceutical and biotechnology companies rely on these tools for drug discovery and development, particularly in areas like oncology and neurology. The increasing prevalence of chronic diseases has prompted these industries to focus on miRNA-based therapies, boosting the demand for accurate miRNA profiling tools. Academic and research institutions also form a significant part of the market, as they require these services for basic and clinical research aimed at understanding gene regulation mechanisms.
The growing need for personalized medicine has further accelerated the market for miRNA tools and services. Precision therapies tailored to the unique genetic makeup of patients rely on miRNA analysis for optimal treatment outcomes. Additionally, the rise of liquid biopsy technologies, which can detect miRNA in bodily fluids, has created new opportunities for non-invasive diagnostics, particularly in cancer care.
As the US MicroRNA Tools and Services Market continues to expand, advancements in sequencing technologies, enhanced bioinformatics platforms, and the increasing adoption of personalized medicine will likely continue to drive the growth of this dynamic industry.
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Qiagen
Life Technologies
Exiqon
GeneCopoeia
Mirus Bio
Biomatik
Asurgen
Cell Biolabs
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US MicroRNA Tools and Services Market
MicroRNA Expression Profiling Tools
MicroRNA Target Prediction Tools
MicroRNA Analysis Software
MicroRNA Isolation Kits
MicroRNA Quantification Kits
Oncology Research
Cardiovascular Research
Neurological Diseases
Infectious Diseases
Genetic Disorders
Academic Research Institutions
Pharmaceutical Companies
Biotechnology Firms
Diagnostic Laboratories
Contract Research Organizations (CROs)
Real-Time PCR
Microarray Technology
Next-Generation Sequencing (NGS)
Northern Blotting
In Situ Hybridization
Online Sales
Direct Sales
Third-Party Distributors
Retail Outlets
OEM Partnerships
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US MicroRNA Tools and Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US MicroRNA Tools and Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US MicroRNA Tools and Services Market, By Type
6. US MicroRNA Tools and Services Market, By Application
7. US MicroRNA Tools and Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US MicroRNA Tools and Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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