Argentina Microrna Market Size & Outlook, 2023-2030
Argentina microrna market, 2018-2030 (US$M)
Related Markets
Argentina microrna market highlights
- The Argentina microrna market generated a revenue of USD 17.1 million in 2023 and is expected to reach USD 40.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 13.1% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating services scope in 2023.
- Services is the most lucrative services scope segment registering the fastest growth during the forecast period.
Microrna market data book summary
| Market revenue in 2023 | USD 17.1 million |
| Market revenue in 2030 | USD 40.6 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Products Type |
| Key market players worldwide | Thermo Fisher Scientific Inc, Qiagen NV, Horizon Discovery, NanoString Technologies, Merck KGaA, Takara Bio Inc, LGC Group, Biogenex, New England Biolabs, GeneCopoeia |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global microrna market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil microrna market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 40.6 million by 2030.
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MicroRNA Market Scope
MicroRNA Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina microrna 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 microrna market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 60.82% in 2023. Horizon Databook has segmented the Argentina microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
The microRNA market in Argentina is anticipated to experience significant growth due to the rising prevalence of genetic diseases and cancer, with a particular focus on miRNA therapeutics for these conditions.
The surge in spending on cancer treatment is significant, along with the increasing number of cancer cases. According to a Cornell University article published in October 2023, lung cancer is a leading cause of cancer-related deaths in Argentina.
In 2023, the country's economic burden of lung cancer was estimated to be approximately USD 556.20 million, constituting around 1.4% of the total healthcare expenditure. Furthermore, research indicates that miRNAs play a pivotal role in diagnosing lung cancer.
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Our clientele includes a mix of microrna market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina microrna market , including forecasts for subscribers. This country databook contains high-level insights into Argentina microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina microrna market size, by services scope, 2018-2030 (US$M)
Argentina MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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