Italy Microrna Market Size & Outlook, 2023-2030
Italy microrna market, 2018-2030 (US$M)
Related Markets
Italy microrna market highlights
- The Italy microrna market generated a revenue of USD 43.3 million in 2023 and is expected to reach USD 96.8 million by 2030.
- The Italy 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 43.3 million |
| Market revenue in 2030 | USD 96.8 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, Italy accounted for 2.7% 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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Italy 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 58.89% in 2023. Horizon Databook has segmented the Italy microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
Italy has a strong collaboration between scientists and clinicians, thus possessing a robust clinical capacity in the early stages of clinical testing. Three of ten gene therapy products approved in Europe have been developed in Italy.
Italy contributed to half of six commercially available gene and cell therapy products. Positive outcomes of Strimvelis have resulted in increasing investments in cell and gene therapy research in the country. This indicates its significant contributions to advanced therapy products.
The increasing engagement of homegrown companies in stem cell research is expected to drive the market in the country. For instance, in September 2019, Genenta Science, an Italian biotechnology company, raised USD 15.68 million (EUR 13.2 million) to fund two ongoing phase I/II clinical trials of stem cell therapy.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy microrna market , including forecasts for subscribers. This country databook contains high-level insights into Italy microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy microrna market size, by services scope, 2018-2030 (US$M)
Italy MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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