Australia Mirna Sequencing And Assay Market Size & Outlook
Australia mirna sequencing and assay market, 2018-2030 (US$M)
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Australia mirna sequencing and assay market highlights
- The Australia mirna sequencing and assay market generated a revenue of USD 7.0 million in 2023 and is expected to reach USD 18.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 15.2% 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.
Mirna sequencing and assay market data book summary
| Market revenue in 2023 | USD 7.0 million |
| Market revenue in 2030 | USD 18.8 million |
| Growth rate | 15.2% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.0% of the global mirna sequencing and assay market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mirna sequencing and assay market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.1 million by 2030.
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MiRNA Sequencing And Assay Market Scope
MiRNA Sequencing And Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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% in 2023. Horizon Databook has segmented the Australia mirna sequencing and assay market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Australia accounts for a significant share in the Asia Pacific miRNA sequencing and assays market. The region is also one of the major hubs for research along with China and Japan. There is rising investment in miRNA research, which is expected to fuel demand for miRNA sequencing and assay products. In addition, presence of government organizations to promote scientific research in the country drives growth.
For instance, the Commonwealth Scientific and Industrial Research Organization (CSIRO) is an Australian Government agency responsible for scientific research. The presence of such organizations to promote biotechnology research is anticipated to boost the miRNA sequencing and assays market in the country.
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Target buyers of Australia 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 country-level data and insights on the Australia mirna sequencing and assay market , including forecasts for subscribers. This country databook contains high-level insights into Australia mirna sequencing and assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia mirna sequencing and assay market size, by product & service, 2018-2030 (US$M)
Australia MiRNA Sequencing And Assay Market Outlook Share, 2023 & 2030 (US$M)
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