Market revenue in 2023 | USD 61.2 million |
Market revenue in 2030 | USD 158.5 million |
Growth rate | 14.6% (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 |
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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 58.5% in 2023. Horizon Databook has segmented the Canada microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
The microRNA market is expected to grow significantly during the forecast period owing to ongoing initiatives for developments and advancements undertaken by institutions, such as Ontario University, to develop molecular & companion diagnostics using NGS.
Canada is expected to witness lucrative growth in the market owing to advancements in genomic & proteomic research. Government and private organizations actively support development and spread awareness, which is expected to further drive market growth.
Private investors are interested in gene expression analysis, genomics, and RNA profiling to support progress in precision medicine. Both federal and provincial governments grant attractive incentives for R&D in the life sciences sector.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada microrna market , including forecasts for subscribers. This country databook contains high-level insights into Canada microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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