Mexico Microrna Market Size & Outlook, 2023-2030
Mexico microrna market, 2018-2030 (US$M)
Related Markets
Mexico microrna market highlights
- The Mexico microrna market generated a revenue of USD 14.1 million in 2023 and is expected to reach USD 32.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.5% 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 14.1 million |
| Market revenue in 2030 | USD 32.0 million |
| Growth rate | 12.5% (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, Mexico accounted for 0.9% 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 Latin America, Brazil microrna market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 40.6 million by 2030.
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MicroRNA Market Scope
MicroRNA Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 60.28% in 2023. Horizon Databook has segmented the Mexico microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of microRNA market in Mexico can be attributed to the significant number of cancer cases and increasing focus on miRNA for cancer diagnosis & prognosis. The Global Cancer Observatory documented approximately 195,400 new cases in 2020.
This figure highlights a potential market demand for medical solutions aiding cancer treatment and diagnosis. Moreover, several studies that emphasize the use of miRNA for cancer prognosis and diagnosis across the country are being published.
For instance, a study published in MDPI in October 2023 found that microRNAs can be useful for diagnosis and prognosis of Pancreatic Ductal Adenocarcinoma (PDAC), a lethal cancer, in Mexico.
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Target buyers of Mexico microrna market databook
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Our clientele includes a mix of microrna market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico microrna market , including forecasts for subscribers. This country databook contains high-level insights into Mexico microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico microrna market size, by services scope, 2018-2030 (US$M)
Mexico MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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