USD 1.35 billion
Report ID:
SQMIG35H2216 |
Region:
Global |
Published Date: May, 2025
Pages:
157
|Tables:
61
|Figures:
75
Global MicroRNA Market size was valued at USD 1.35 billion in 2023 and is poised to grow from USD 1.52 billion in 2024 to USD 4.02 billion by 2032, growing at a CAGR of 12.9% during the forecast period (2025-2032).
According to the estimates from the American Cancer Society, 609,360 deaths from cancer were registered in 2022 alone in the US, and over 1.9 million people were newly diagnosed with cancer. In addition, the pace at which microRNA diagnostics gained ground in clinical settings brought forward developments in precision medicine of cancer. As per the microRNA market analysis, the two key factors driving the growth of the market include growing prevalence of such diseases as cancer, heart disease, and other neurological conditions worldwide and rapid developments in genomic technologies. Furthermore, besides this, miRNAs have offered excellent noninvasive biomarkers for cancer. The reason behind this is that various secretions from numerous cells are present in various bodily fluids. Consequently, the functions of microRNA in gene regulation and disease pathways create a considerable market demand that drives the microRNA industry growth forward.
Since miRNAs play a crucial role in the post-transcriptional regulation of gene expression, they are rapidly being recognized as robust biomarkers of human disorders. Support for their utility as diagnostic and prognostic biomarkers in the form of blood is seen through their stability within serum and plasma. In addition, circulating miRNAs inside exosomes are serum biomarkers used to elucidate information regarding the immunological status in both healthy and pathological states. For instance, the concentration of microRNA-150 in the blood after lymphocyte activation sharply increases in vaccinated subjects. That lends credibility to the use of circulating microRNAs as potential indicators of immunologic status. Consequently, and expanding the business in general, prospects of using microRNA as a biomarker for a variety of diseases have an argument on its side.
US MicroRNA Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 1.35 billion
Largest Segment
Product
Fastest Growth
Product
Growth Rate
12.9% CAGR
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Global MicroRNA Market is segmented by Products, Services, Application, End-use and region. Based on Products, the market is segmented into Instruments and Consumables. Based on Services, the market is segmented into Type and Specimen. Based on Application, the market is segmented into Cancer, Infectious Diseases, Immunological Disorder, Cardiovascular Disease, Neurological Disease and Others. Based on End-use, the market is segmented into Biotechnology & Pharmaceutical Companies, Academic & Government Research Institutes and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Primarily because of the rapidly expanding number of cases of some chronic diseases across the globe, in 2023, the disease diagnostics segment had the largest microRNA market share. With higher percentages of people affected by diseases such as diabetes, heart conditions, and cancers due to ecological factors and lifestyle changes, the need for precise and on-time diagnostic solutions is rising. The advanced molecular diagnostics that offer a more sensitive and specific diagnostic require early diseases and relevant planning for the therapy to be administered. Advances in testing technologies provide capacity for timely clinical choices thus making the segment more appealing toward the growing requirement for sophisticated diagnostic tools.
However, the isolation & purification segment is anticipated to grow significantly during the projection period. Major growth factors for the segment in terms of significant expansion possibilities during the forecast period are based on recent years' growing number of kits introduced for isolation and purification. Kits are available for different purposes, that is, as clinical diagnostics, research, and biopharmaceuticals production. This increasing demand for accurate and reliable results in both laboratory and clinical settings shows up as a growing demand for high-quality reagents along with effective isolation techniques. Improvements in the technology and methodology of these kits are also making them more accessible to researchers and medical professionals, which is also affecting their application. Accordingly, microRNA market is predicted to have growth at a very fast pace due to innovation coupled with increased acceptance across a range of industries.
According to the microRNA market analysis, in 2023, pharma & biotech companies led this market. These firms are leaders in collaborative agreements and university partnerships that allow them to tap into cutting-edge research and collaborate on groundbreaking projects that will accelerate the pace of developments associated with microRNA. For instance, Singapore-based biotech company MiRXES recently boasted several new capabilities in August 2022. It did so by declaring an Industry 4.0 production facility, two more labs, and a joint multi-cancer screening research initiative. The idea is according to MiRXES's objective of developing improved manufacturing and research capabilities focused on developing miRNA-based diagnostics in the detection of diseases.
The academic & research institutes segment is expected to increase profitably over the forecasted period. Most of the current ongoing work in academia and research institutes utilize miRNA technologies and associated products. Moreover, further research studies are expected to raise the growth rate of the microRNA market. For instance, in October 2022, BHU Institute of Science researchers at Varanasi School of Biotechnology isolated a microRNA that selectively kills cervical cancer cells. Further research on the study may eventually be used for the development of a safe therapy called micro-RNA therapy for cervical cancer.
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The microRNA market outlook highlighted that in 2023, the market was dominated by North America. This is so because growth in the region of microRNA is attributed to a number of factors, such as availability of significant population of major players in the area; some of which are Merck KGaA., NanoString Technologies, Inc., and Thermo Fisher Scientific, besides others whose expenditure on R&D has increased with them trying to come up with more advanced and innovative products. In 2023, the US accounted for the highest microRNA market share in North America. Some of the prominent players of the market with headquarters based in the US are Thermo Fisher Scientific, Merck KGaA., and QIAGEN. Distribution networks form the backbone of these players. The country enjoys simple access to miRNA services and products.
Asia-Pacific will be growing at the fastest rate over the projection period. Key players in the region will be energized by growth opportunities due to factors such as the presence of a humongous target population, faster uptake of a range of technologies, presence of a multitude of start-ups along with an emergent healthcare infrastructure, and high unmet clinical needs. In 2023, the country, China, within Asia-Pacific accounted for the largest microRNA market share. The growing importance of precision medicine and the huge potential of miRNAs in this regard are anticipated to drive the microRNA industry growth forward.
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Increased Public and Corporate Funding in Genomic Research
Enhanced Understanding and Application of Biomarkers
Complex microRNA Biology
Market Fragmentation
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The global microRNA industry is characterized by several competitors who are escalating their fight to capture market shares and gain a competitive edge. Research and development activities aimed at discovering new microRNA biomarkers, therapeutic targets, and diagnostic tools are driving the industry. Therefore, rivalry among market players is escalating too since such discoveries are promoting the development of new products and services based on microRNAs. Major players in the microRNA market include contract research firms, government and university research facilities, and biotechnology and pharmaceutical corporations. These organizations maintain the market via in-depth research, clinical studies, and commercialization of microRNA-based products.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, due to the growing prevalence of chronic diseases, advances in molecular biological methods, and higher funding for genomic research, the microRNA industry is predicted to boom in the near future. It can be highlighted that microRNAs hold a great importance to personalized medicine since they may function as potential biomarkers and therapeutic targets. However, product development may encounter issues with prohibitively high development costs, overly complex regulations, and the complexity of biology linked to microRNAs. New trends, such as the development of combination drugs and collaborative research partnerships, offer great opportunities for innovation. To fully realize the promise of microRNA applications in healthcare it will be important to concentrate on making existing obstacles disappear through technical developments as industry develops.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.35 billion |
Market size value in 2032 | USD 4.02 billion |
Growth Rate | 12.9% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the MicroRNA Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the MicroRNA Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the MicroRNA Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the MicroRNA Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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MicroRNA Market size was valued at USD 1.35 Billion in 2023 and is poised to grow from USD 1.52 Billion in 2024 to USD 4.04 Billion by 2032, growing at a CAGR of 12.90% during the forecast period (2025-2032).
The global microRNA industry is characterized by several competitors who are escalating their fight to capture market shares and gain a competitive edge. Research and development activities aimed at discovering new microRNA biomarkers, therapeutic targets, and diagnostic tools are driving the industry. Therefore, rivalry among market players is escalating too since such discoveries are promoting the development of new products and services based on microRNAs. Major players in the microRNA market include contract research firms, government and university research facilities, and biotechnology and pharmaceutical corporations. These organizations maintain the market via in-depth research, clinical studies, and commercialization of microRNA-based products. 'Thermo Fisher Scientific, Inc. (US) ', 'QIAGEN (Germany) ', 'NanoString Technologies, Inc. (US) ', 'Merck KGaA (Germany) ', 'Takara Bio, Inc. (Japan) ', 'BioGenex (US) ', 'GeneCopoeia, Inc. (US) ', 'New England Biolabs (US) ', 'Agilent Technologies, Inc. (US) ', 'Illumina, Inc. (US) ', 'Abcam plc (UK) ', 'Roche Holding AG (Switzerland) ', 'Arcturus Therapeutics Ltd. (US) ', 'Synthego Corporation (US) ', 'Bio-Techne Corporation (US) ', 'F. Hoffmann-La Roche Ltd. (Switzerland) ', 'Asuragen, Inc. (US) ', 'Cell Signaling Technology, Inc. (US) ', 'Molecular Cloud (China) ', 'Ribomed Biotechnologies, Inc. (US) ', 'Sirnaomics Inc. (US)'
Public and corporate funding in genomic research is opening new benefits in the microRNA industry. There is increased funding for conducting research in how microRNAs regulate gene functions and the development of illness. Such funding fast-tracks the creation of diagnostics and treatments through microRNA bases, and it facilitates innovation and cooperative research projects, thereby establishing their use in clinical settings.
Development of Combination Therapies: Major microRNA market trends include combination therapies. There is a growing trend wherein more emphasis is being laid down on combination therapy that consists of using a classical treatment in combination with a microRNA-based treatment. Researchers are looking into how they can better improve treatment outcomes and surmount drug resistance through the potential use of microRNAs in interfering with a multiplicity of pathways or enhancing the effectiveness of drugs already available on the market. As such, the trend tends to be more holistic where instead of targeting one pathway, the drugs and therapeutic approaches manage to achieve therapeutic gain through the exploitation of unique properties of microRNAs.
The microRNA market outlook highlighted that in 2023, the market was dominated by North America. This is so because growth in the region of microRNA is attributed to a number of factors, such as availability of significant population of major players in the area; some of which are Merck KGaA., NanoString Technologies, Inc., and Thermo Fisher Scientific, besides others whose expenditure on R&D has increased with them trying to come up with more advanced and innovative products. In 2023, the US accounted for the highest microRNA market share in North America. Some of the prominent players of the market with headquarters based in the US are Thermo Fisher Scientific, Merck KGaA., and QIAGEN. Distribution networks form the backbone of these players. The country enjoys simple access to miRNA services and products.
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