Brazil Microrna Market Size & Outlook, 2023-2030
Brazil microrna market, 2018-2030 (US$M)
Related Markets
Brazil microrna market highlights
- The Brazil microrna market generated a revenue of USD 24.4 million in 2023 and is expected to reach USD 54.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 12.2% 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 24.4 million |
| Market revenue in 2030 | USD 54.5 million |
| Growth rate | 12.2% (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, Brazil accounted for 1.5% 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 |
|---|
Brazil 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 58.61% in 2023. Horizon Databook has segmented the Brazil microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
MicroRNA market in Brazil is expected to witness significant growth over the forecast period, which is anticipated to grow due to the rising focus of players on RNAi therapeutics and the field of genomics and genetics.
Moreover, the local presence of a number of companies providing miRNA-based products across the country is expected to boost the market rivalry. For instance, ONKOS, based in the country, is a Brazilian start-up engaged in the development of gene expression-based diagnostic tests.
mir-THYpe full and mir-THYpe preop tests are some of the company’s key products based on RNA technology. mirTHYpe is a miRNA-based molecular classifier for thyroid nodules. The presence of such companies with products & services using miRNA is anticipated to drive competition.
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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 Brazil microrna market , including forecasts for subscribers. This country databook contains high-level insights into Brazil microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil microrna market size, by services scope, 2018-2030 (US$M)
Brazil MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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