Market revenue in 2023 | USD 36.5 million |
Market revenue in 2030 | USD 85.0 million |
Growth rate | 12.9% (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 |
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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 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.
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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