India Microrna Market Size & Outlook, 2023-2030

The microrna market in India is expected to reach a projected revenue of US$ 85.0 million by 2030. A compound annual growth rate of 12.9% is expected of India microrna market from 2024 to 2030.
Revenue, 2023 (US$M)
$36.5
Forecast, 2030 (US$M)
$85.0
CAGR, 2024 - 2030
12.9%
Report Coverage
India

India microrna market highlights

  • The India microrna market generated a revenue of USD 36.5 million in 2023 and is expected to reach USD 85.0 million by 2030.
  • The India market is expected to grow at a CAGR of 12.9% 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 2023USD 36.5 million
Market revenue in 2030USD 85.0 million
Growth rate12.9% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, Products Type
Key market players worldwideThermo 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, India accounted for 2.3% 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 segmentation & scope
Services
Isolation & Purification
miRNA cDNA Synthesis
Profiling, Localization, & Quantification
Functional Analysis
Others
Products Type
Instruments
Real Time PCR
Microarray
NGS
Others
Consumables
Whole Blood
Serum
Plasma
FFPE
Fresh Frozen Tissue
Others
Application
Cancer
Infectious Diseases
Immunological Disorder
Cardiovascular Disease
Neurological Disease
Others
End Use
Biotechnology & Pharmaceutical Companies
Academic & Government Research Institutes
Others

MicroRNA Market Companies

Name Profile # Employees HQ Website

India 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 India microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.


The market for miRNA in India is witnessing rapid progress due to initiatives and research conducted by companies and institutions. For instance, in August 2020, researchers at the Indian Institute of Technology Madras identified a particular miRNA—miR-155—which exhibits heightened expression in tongue cancer. 

The team demonstrated that eliminating miR-155 leads to the demise of cancer cells, halts the cell cycle, and diminishes tumor size in animal models. Additionally, it reduces cell viability and inhibits colony formation in laboratory assays.

In India, the Central Drugs Standardization Control Organization is the key regulatory authority responsible for approvals of preclinical, clinical trials, manufacturing, and import of biological products.

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  • Our clientele includes a mix of microrna market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 India microrna market , including forecasts for subscribers. This country databook contains high-level insights into India microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India microrna market size, by services scope, 2018-2030 (US$M)

India MicroRNA Market Outlook Share, 2023 & 2030 (US$M)

India microrna market size, by services scope, 2018-2030 (US$M)

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