UK Mirna Sequencing And Assay Market Size & Outlook
UK mirna sequencing and assay market, 2018-2030 (US$M)
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UK mirna sequencing and assay market highlights
- The UK mirna sequencing and assay market generated a revenue of USD 10.4 million in 2023 and is expected to reach USD 25.5 million by 2030.
- The UK market is expected to grow at a CAGR of 13.7% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Mirna sequencing and assay market data book summary
| Market revenue in 2023 | USD 10.4 million |
| Market revenue in 2030 | USD 25.5 million |
| Growth rate | 13.7% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Qiagen NV, Abcam PLC, Takara Bio Inc, Revvity Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, HTG Molecular Diagnostics Inc, Meridian Bioscience, New England Biolabs, Norgen Biotek, System Biosciences, Amoy Diagnostics, EntroGen |
Other key industry trends
- In terms of revenue, UK accounted for 3.0% of the global mirna sequencing and assay market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany mirna sequencing and assay market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 20.7 million by 2030.
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MiRNA Sequencing And Assay Market Scope
MiRNA Sequencing And Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK mirna sequencing and assay market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mirna sequencing and assay market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 80.77% in 2023. Horizon Databook has segmented the UK mirna sequencing and assay market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of established research & development infrastructure and growing investment by the government are key drivers for market growth in this country. As part of UK Research and Innovation, in 2019, the Biotechnology and Biological Sciences Research Council (BBSRC) and Medical Research Council (MRC) provided around half of the national public sector investment in life sciences.
Advanced infrastructure and technology help researchers expedite research study, making it smarter and cheaper. For instance, researchers from the University of Manchester developed a miRBase searchable database of published miRNA sequences and annotations.
Companies from the UK are continuously innovating and expanding their product portfolios to support & aid life sciences research. For instance, Abcam Plc has an extensive product portfolio of approximately 110,000, which includes antibodies, proteins, lysates, biochemicals, kits, and assays for various scientific research.
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Target buyers of UK mirna sequencing and assay market databook
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Our clientele includes a mix of mirna sequencing and assay market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK mirna sequencing and assay market , including forecasts for subscribers. This country databook contains high-level insights into UK mirna sequencing and assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK mirna sequencing and assay market size, by product & service, 2018-2030 (US$M)
UK MiRNA Sequencing And Assay Market Outlook Share, 2023 & 2030 (US$M)
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