Asia Pacific Mirna Sequencing And Assay Market Size & Outlook
Asia Pacific mirna sequencing and assay market, 2018-2030 (US$M)
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Asia Pacific mirna sequencing and assay market highlights
- The Asia Pacific mirna sequencing and assay market generated a revenue of USD 83.6 million in 2023.
- The market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 83.6 million |
| Market revenue in 2030 | USD 227.1 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Qiagen NV, Abcam PLC, Takara Bio Inc, Revvity Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, HTG Molecular Diagnostics Inc, Meridian Bioscience, New England Biolabs, Norgen Biotek, System Biosciences, Amoy Diagnostics, EntroGen |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.3% of the global mirna sequencing and assay market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 227.1 million by 2030.
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MiRNA Sequencing And Assay Market Scope
MiRNA Sequencing And Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific mirna sequencing and assay 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 mirna sequencing and assay market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 80.74% in 2023. Horizon Databook has segmented the Asia Pacific mirna sequencing and assay market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to witness the fastest growth in the miRNA sequencing & assay market during the forecast period. Various organizations and associations are taking initiatives to create and educate young scientists in this region.
For instance, APBioNet is an Asia Pacific bioinformatics network that is intended to track development of bioinformatics infrastructure and exchange of data & information and provide training programs, workshops, & conferences.
This network also encourages collaborations in the field of bioinformatics. The presence of such organizations in the region is expected to impel miRNA sequencing & assay market growth. In addition, presence of significant target population, developing healthcare infrastructure, and presence of high unmet clinical needs are anticipated to provide growth opportunities to key manufacturers in the region.
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Target buyers of Asia Pacific mirna sequencing and assay market databook
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Our clientele includes a mix of mirna sequencing and assay 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 continent-level data and insights on the Asia Pacific mirna sequencing and assay market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mirna sequencing and assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific mirna sequencing and assay market size, by country, 2018-2030 (US$M)
Asia Pacific MiRNA Sequencing And Assay Market Outlook Share, 2023 & 2030 (US$M)
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