Europe Mirna Sequencing And Assay Market Size & Outlook

The mirna sequencing and assay market in Europe is expected to reach a projected revenue of US$ 189.2 million by 2030. A compound annual growth rate of 13% is expected of Europe mirna sequencing and assay market from 2024 to 2030.
Revenue, 2023 (US$M)
$80.4
Forecast, 2030 (US$M)
$189.2
CAGR, 2024 - 2030
13%
Report Coverage
Europe

Europe mirna sequencing and assay market highlights

  • The Europe mirna sequencing and assay market generated a revenue of USD 80.4 million in 2023.
  • The market is expected to grow at a CAGR of 13% 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, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 80.4 million
Market revenue in 2030USD 189.2 million
Growth rate13% (CAGR from 2023 to 2030)
Largest segmentProduct
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationProduct, Services
Key market players worldwideThermo 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, Europe region accounted for 23.4% 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 Companies

Name Profile # Employees HQ Website

Europe 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 80.47% in 2023. Horizon Databook has segmented the Europe mirna sequencing and assay market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.


Europe is highly advanced in terms of technology with presence of a highly skilled workforce in the healthcare and life sciences industries. In addition, supportive governments and increase in funding by the governments & private players in research & development are likely to boost the miRNA sequencing and assay market in Europe.

For instance, European Commission is funding and raising funds for innovative Mirna green Srl that is involved in extracting miRNA from the plant, and it acts as a natural anti-inflammatory, which can further be used to treat non-communicable diseases.

Furthermore, global players are actively involved in developing and offering miRNA sequencing and assay products to strengthen their market position in the European region. For instance, in June 2020, Lexogen GmbH launched the Tra PR (Trans-kingdom, Rapid, Affordable Purification of RISC S) Small RNA Isolation Kit.

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  • Our clientele includes a mix of mirna sequencing and assay market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe mirna sequencing and assay market , including forecasts for subscribers. This continent databook contains high-level insights into Europe mirna sequencing and assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe mirna sequencing and assay market size, by country, 2018-2030 (US$M)

Europe MiRNA Sequencing And Assay Market Outlook Share, 2023 & 2030 (US$M)

Europe mirna sequencing and assay market size, by country, 2018-2030 (US$M)

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