UAE Microrna Market Size & Outlook, 2023-2030
UAE microrna market, 2018-2030 (US$M)
Related Markets
UAE microrna market highlights
- The UAE microrna market generated a revenue of USD 5.8 million in 2023 and is expected to reach USD 14.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 13.4% 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 5.8 million |
| Market revenue in 2030 | USD 14.1 million |
| Growth rate | 13.4% (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, UAE accounted for 0.4% 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 Middle East & Africa, Saudi Arabia microrna market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 14.1 million by 2030.
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MicroRNA Market Scope
MicroRNA Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 58.62% in 2023. Horizon Databook has segmented the UAE microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.
The microRNA market in the UAE is anticipated to register significant growth over the forecast period. The growth of the market can be attributed to the presence of a number of research organizations and genomics, life sciences, & biotechnology companies across the country.
Some local research organizations focusing on genomics include Dubai Genome Center and the Abu Dhabi Genome Center. These organizations provide genomic services and research facilities. Thus, the presence of such facilities can boost the demand for miRNA products & services for genomic research.
Moreover, companies operating in the region are focusing on increasing access to RNAi therapeutics. For instance, in July 2020, taiba Middle East, a UAE-based company, formed a strategic alliance to distribute two RNAi therapeutics—ONPATTRO and GIVLAARI. Such strategies are anticipated to boost market competition across the country.
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Target buyers of UAE 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 UAE microrna market , including forecasts for subscribers. This country databook contains high-level insights into UAE microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE microrna market size, by services scope, 2018-2030 (US$M)
UAE MicroRNA Market Outlook Share, 2023 & 2030 (US$M)
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