(MENAFN- GlobeNewsWire - Nasdaq) Thermo Fisher Scientific, Horizon Discovery, OriGene Technologies, QIAGEN, and GeneCopoeia Lead the CompetitionDublin, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The "MicroRNA market - Global industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" report has been added to ResearchAndMarkets.com's offering.
The MicroRNA Market was valued at USD 1.54 billion in 2024, and is expected to reach USD 2.97 billion by 2030, rising at a CAGR of 11.45%. MicroRNAs (miRNAs) are a class of small RNA molecules that play a significant role in gene regulation. They are a fundamental part of the complex molecular machinery that controls gene expression and are involved in various biological processes in both plants and animals, including humans.
One of the initial breakthroughs in microRNA research was the discovery of these small RNA molecules. In the early 2000s, researchers identified the existence of a large number of microRNAs in various species, including humans. This discovery opened the door to further exploration of their functions. The advent of high-throughput sequencing technologies, such as next-generation sequencing (NGS), has revolutionized microRNA research. These technologies enable the rapid and cost-effective profiling of microRNA expressions in various tissues and under different conditions.
The establishment and continuous updating of miRBase, a comprehensive database of microRNA sequences, annotations, and target predictions, have provided a valuable resource for researchers worldwide. This database has supported the standardization and classification of microRNAs. Advancements in functional genomics and molecular biology techniques have allowed researchers to investigate the roles of specific microRNAs in gene regulation. These studies involve techniques like CRISPR-Cas9 for gene editing and gene knockout experiments to determine the effects of microRNA dysregulation. Single-cell RNA sequencing has enabled the study of microRNA expression at the single-cell level. This technology has provided insights into the heterogeneity of microRNA expression within tissues and the role of microRNAs in individual cells.
Comparative genomics has enabled the study of microRNAs across different species. Researchers have identified conserved and species-specific microRNAs, shedding light on their evolutionary significance and functional conservation. Computational tools and databases have been developed to predict microRNA target genes and their functions. These tools assist researchers in understanding the regulatory networks in which microRNAs are involved. Research has extended beyond microRNAs to explore interactions and crosstalk with other non-coding RNAs, such as long non-coding RNAs (lncRNAs) and circular RNAs (circRNAs). These interactions can significantly impact gene regulation and are an area of active research.
Investigations into the epigenetic regulation of microRNAs, including DNA methylation and histone modifications, have provided insights into how microRNA expression is controlled and how it can be dysregulated in diseases. Advances in genomic research have paved the way for clinical applications of microRNAs as diagnostic biomarkers, prognostic indicators, and therapeutic targets in various diseases, including cancer, cardiovascular diseases, and neurological disorders. RNA-Seq and small RNA sequencing techniques have allowed researchers to analyze the transcriptome comprehensively, including the identification and quantification of microRNAs. This factor will help in the development of the Global MicroRNA Market.
Key Market Drivers
Advancements in Genomic Research Growing Emphasis on Biomarker Discovery Increasing Development of RNA-Based Therapeutics
Key Market Challenges
Standardization Ethical and Privacy Concerns
Key Market Trends
Product & Service Insights
In 2024, the Global MicroRNA Market largest share was held by services segment and is predicted to continue expanding over the coming years. The services segment includes a wide range of offerings related to microRNA research and development. This can encompass contract research services, sequencing and analysis services, and assay development. Many researchers and institutions prefer to outsource these activities to specialized service providers with expertise in microRNA, driving demand for such services. Service providers in the microRNA market often possess advanced technological platforms and expertise that enable high-quality research and analysis.
Researchers and companies may choose to leverage these specialized capabilities rather than invest in establishing their own infrastructure. Utilizing services can be cost-effective, especially for smaller research laboratories or organizations that may not have the resources to establish and maintain their own microRNA research capabilities. Outsourcing services can save time and reduce costs associated with in-house research. Service providers typically employ experts in microRNA research and analysis. Clients can benefit from the knowledge and experience of these specialists, enhancing the quality and reliability of their research. Service providers often offer customized solutions to meet the specific needs of their clients. This flexibility is particularly valuable in microRNA research, where the focus may vary depending on the research objectives.
Application Insights
In 2024, the Global MicroRNA Market largest share was held by cancer segment and is predicted to continue expanding over the coming years. Cancer is a leading cause of death worldwide, and its prevalence has been steadily increasing. MicroRNAs play a critical role in cancer development and progression, making them a focus of extensive research. The need for better diagnostic tools and treatments for cancer has driven the demand for microRNA-based solutions. MicroRNAs have been identified as potential biomarkers for various types of cancer. They can be used to detect cancer at an early stage, which is crucial for effective treatment and improved patient outcomes.
MicroRNA-based diagnostic tests offer the promise of early cancer detection and monitoring. Cancer is a highly heterogeneous disease, and different types of cancer respond differently to treatments. MicroRNAs can provide insights into the molecular characteristics of a patient's cancer, allowing for more personalized treatment approaches. Pharmaceutical companies are actively exploring microRNA-based therapeutics to target specific cancer subtypes.
MicroRNAs are not only valuable for cancer diagnosis but also for predicting the prognosis and response to therapy. This information is essential for tailoring treatment plans to individual patients. Biotechnology and pharmaceutical companies, as well as research institutions, have made significant investments in understanding the role of microRNAs in cancer. This has led to the development of innovative products and services for cancer management.
Regional Insights
The North America region dominated the MicroRNA Market in 2024. North America, particularly the United States, has a robust biomedical and biotechnology research ecosystem. The presence of renowned research institutions, universities, and biotechnology companies has driven significant research and development efforts in the field of microRNA. The region is home to a large and well-established biotechnology industry. This infrastructure has supported the development and commercialization of microRNA-based products and services.
The region benefits from access to substantial research funding, both from government sources and private investors. Funding agencies, such as the National Institutes of Health (NIH), have played a crucial role in advancing microRNA research. The North American scientific and business communities actively collaborate and network, fostering innovation and the exchange of ideas. This has accelerated progress in microRNA research and its applications.
Key Players Profiled in the MicroRNA Market
Thermo Fisher Scientific, Inc. Horizon Discovery Ltd. OriGene Technologies, Inc. QIAGEN GeneCopoeia, Inc. Merck KGaA Miltenyi Biotec Sistemic Scotland Limited SeqMatic LLC Biodynamics Laboratory Inc.
Report Scope
In this report, the Global MicroRNA Market has been segmented into the following categories:
By Product & Service
Products Consumables Services
By Application
Cancer Infectious Diseases Immunological Disorder Cardiovascular Disease Neurological Disease Others
By End-user
Biotechnology & Pharmaceutical Companies Academic & Government Research Institutes Other End-users
By Region
North America Asia-Pacific Europe South America Middle East & Africa
Key Attributes
| Report Attribute | Details |
| No. of Pages | 185 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $1.54 Billion |
| Forecasted Market Value (USD) by 2030 | $2.97 Billion |
| Compound Annual Growth Rate | 11.4% |
| Regions Covered | Global |
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