Global MicroRNA Research Markets is estimated to reach nearly $1.4 billion in 2021

The global market for microRNA tools reached $756.5 million and $829.8 million in 2015 and 2016, respectively. This market is estimated to reach nearly $1.4 billion in 2021 at a compound annual growth rate (CAGR) of 10.5% for 2016-2021.

Report Includes

-An overview of the global market for microRNA diagnostics and therapeutics, with an study of the commercial potential of this research field

-Study of global market trends, with data from 2014, 2015, and 2016, and projections of compound annual growth rates (CAGRs) through 2021

-Examination of the extensive portfolio of miRNA pathway drug candidates, some already in Phase II clinical trials, showing promising clinical data in different areas of medicine, such as cancer, hepatitis infections, and cardiovascular diseases

-A focus on recent drug candidates, products, deals between different pharmaceutical companies, major participants, and new trends and developments

-Identification of the main markets for RNA therapeutics

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Study Goals and Objectives

Technological advances in genetic engineering and molecular biology have allowed study of biological systems at the molecular level. With a rise in awareness of chronic illnesses, cancers and infectious diseases there is an urgent need for efficient diagnostics and better healthcare conditions to treat diseases. As microRNAs play vital roles in biological processes such as immune modulation, metabolic control, neuronal development, cell cycle and stem cell differentiation, they have become a potential target for diagnostic and therapeutic intervention for various diseases. BCC Research’s goal in conducting this study is to provide an overview of the current and future characteristics of the global market for microRNA tools.

Increased expenditure on research and development, demands for advanced technology, changes in the global socioeconomic scenario and demand for novel, efficient and cost–effective treatments are accounting for wider application of miRNA tools. The miRNA market is new but is steadily growing and has been one of the most fruitful contributors to modern medicines in recent times. Still in the developmental stage, microRNA (miRNA) research has helped those in the medical sector understand the dynamics of various diseases from a different perception.

This report explores present and future strategies within the miRNA market, which includes miRNA microarray, quantitative reverse transcription PCR (qRT–PCR), next–generation sequencing (NGS), isolation, purification and detection tools, miRNA fluorescence in situ hybridization (miRNA FISH) and other tools, which includes probes, vectors, inhibitors and other study tools, among others. The invention of the market, the barriers and the demands of the market are discussed in this report. The classifications, comparisons and usage of these products are also portrayed.

A detailed study of the structure of the miRNA tools industry has been conducted. Revenues are broken down by region. Sales figures are estimated for the five–year period from 2016 through 2021. Applications and end users for miRNA are also discussed separately in the report. The report also covers significant patents and their allotments in each category.

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