Australia Microrna Market Size & Outlook, 2023-2030
Australia microrna market, 2018-2030 (US$M)
Related Markets
Australia microrna market highlights
- The Australia microrna market generated a revenue of USD 27.0 million in 2023 and is expected to reach USD 66.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 13.6% 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 27.0 million |
| Market revenue in 2030 | USD 66.1 million |
| Growth rate | 13.6% (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, Australia accounted for 1.7% 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 Asia Pacific, China microrna market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 218.9 million by 2030.
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MicroRNA Market Scope
MicroRNA Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 61.11% in 2023. Horizon Databook has segmented the Australia microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
The Australian market is witnessing innovative research programs and the development of new technologies for improving micRNA expression. For instance, in July 2020, ACDBio launched the latest miRNAscope Assay, which enables the visualization of miRNAs in situ.
This assay can identify cancer-associated miRNAs and differentiate among members within the same family. Moreover, it offers spatial resolution for the detection of miRNAs.
In Australia, the regulatory oversight for in vitro diagnostic (IVD) devices, including miRNA testing, is managed by the Therapeutic Goods Administration (TGA). The TGA is a part of the Australian Government Department of Health.
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Our clientele includes a mix of microrna market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia microrna market , including forecasts for subscribers. This country databook contains high-level insights into Australia microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia microrna market size, by services scope, 2018-2030 (US$M)
Australia MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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