Denmark Microrna Market Size & Outlook, 2023-2030
Denmark microrna market, 2018-2030 (US$M)
Related Markets
Denmark microrna market highlights
- The Denmark microrna market generated a revenue of USD 18.4 million in 2023 and is expected to reach USD 40.3 million by 2030.
- The Denmark market is expected to grow at a CAGR of 11.9% 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 18.4 million |
| Market revenue in 2030 | USD 40.3 million |
| Growth rate | 11.9% (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, Denmark accounted for 1.2% 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 Europe, UK microrna market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 241.6 million by 2030.
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MicroRNA Market Scope
MicroRNA Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark 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 58.7% in 2023. Horizon Databook has segmented the Denmark microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark is one of the European countries with the fastest-growing biotech investment. Danish biotech businesses secured venture capital investment of USD 434 million in 2021, an 11.8-fold increase over the past 5 years, demonstrating the second-fastest growth rate in Europe after the Netherlands.
These investments are anticipated to drive the demand for biotechnology tools, including miRNA testing, which is expected to boost market growth in the coming years.
According to WCRF International, in 2020, Denmark had a cancer rate of 334.9 individuals per 100,000. It serves as a significant driver for the country's microRNA market. The high incidence of cancer in the country emphasizes the pressing demand for innovative solutions, and stem cell therapeutics are emerging as a promising approach to address this health challenge.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark microrna market , including forecasts for subscribers. This country databook contains high-level insights into Denmark microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark microrna market size, by services scope, 2018-2030 (US$M)
Denmark MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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