MicroRNA (mi-RNA) Market
By Product;
Instruments and Kits & ReagentsBy Technology;
Real Time Polymerase Chain Reaction, Microarray, Next Generation Sequencing (NGS) and ImmunoassayBy Applications;
Research, Diagnostics and TherapeuticsBy End User;
Pharma & Biotech Companies, Academic & Research Institutes, Healthcare Facilities and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Mi-RNA Market Overview
Mi-RNA Market (USD Million)
Mi-RNA Market was valued at USD 591.29 million in the year 2024. The size of this market is expected to increase to USD 1,434.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.5%.
MicroRNA (mi-RNA) Market
*Market size in USD million
CAGR 13.5 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 13.5 % |
Market Size (2024) | USD 591.29 Million |
Market Size (2031) | USD 1,434.73 Million |
Market Concentration | Low |
Report Pages | 310 |
Major Players
- Affymetrix
- Agilent Technologies
- Exiqon
- Qiagen
- Thermo Fisher Scientific.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
MicroRNA (mi-RNA) Market
Fragmented - Highly competitive market without dominant players
The Mi-RNA Market has become a cornerstone of molecular diagnostics and therapeutic innovation. With the growing use of RNA-based technologies in precision healthcare, nearly 60% of research organizations now incorporate Mi-RNA studies into their biology programs. Because Mi-RNA molecules regulate gene expression, they are increasingly recognized as a critical element in disease detection and treatment development.
Expanding Role in Healthcare Applications
The use of Mi-RNA technologies is rapidly increasing across cancer research, cardiovascular studies, and neurological disorders. Today, around 65% of clinical trials integrate Mi-RNA profiling or biomarker evaluation. Their effectiveness as sensitive and highly specific biomarkers is accelerating adoption, particularly in areas requiring early diagnosis and targeted therapeutic solutions.
Technological Innovations Boosting Market Growth
Breakthroughs in next-generation sequencing, assay kits, and bioinformatics platforms are transforming Mi-RNA research. More than 55% of laboratories have already adopted advanced sequencing systems to improve the speed and accuracy of Mi-RNA analysis. These innovations not only streamline laboratory workflows but also provide reliable insights for clinical applications, fueling continuous market growth.
Future Outlook for the Mi-RNA Market
As healthcare increasingly integrates molecular diagnostics, bioinformatics, and targeted therapeutics, Mi-RNA is expected to play a central role in shaping biotechnology’s future. More than 75% of active research projects are projected to feature Mi-RNA as a key component. This positions the Mi-RNA market as a transformative force in precision healthcare, driving advancements that will redefine patient outcomes and medical innovation.
Mi-RNA Market Recent Developments
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In October 2023, Thermo Fisher Scientific planned to invest USD 3.1 billion to acquire Olink Holding AB to expand its life sciences portfolio, which aids in drug discovery.
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In November 2023, QIAGEN introduced new QIAcuity digital PCR kits & improved software to help biopharma and food safety customers expand their utilization.
Mi-RNA Market Segment Analysis
In this report, the Mi-RNA Market has been segmented by Product, Applications, End User and Geography.
Mi-RNA Market, Segmentation By Product
The Mi-RNA Market has been segmented by Product into Instruments and Kits & Reagents.
InstrumentsThe instruments segment accounts for approximately 41% of the Mi-RNA Market, driven by the growing use of advanced analytical systems for miRNA profiling, quantification, and functional studies. High demand in genomics research, clinical diagnostics, and drug discovery is boosting adoption, supported by continuous technological advancements.
Kits & ReagentsThe kits and reagents segment holds about 59% of the market, as they are essential for sample preparation, RNA extraction, and quantitative analysis. Increased usage in biomarker discovery, gene expression studies, and cancer research is driving growth, along with the rising availability of ready-to-use assay kits that improve workflow efficiency.
Mi-RNA Market, Segmentation By Applications
The Mi-RNA Market has been segmented by Applications into Research, Diagnostics and Therapeutics.
ResearchThe research segment holds approximately 52% of the Mi-RNA Market, driven by increasing genomic studies, functional analysis, and exploration of gene regulation mechanisms. Academic institutions, biotech firms, and research laboratories are major users, leveraging miRNA analysis for biomarker identification and disease modeling.
DiagnosticsDiagnostics account for around 34% of the market, fueled by the growing role of miRNA-based biomarkers in early disease detection, particularly in oncology. Advancements in non-invasive testing methods and increasing adoption in personalized medicine are accelerating this segment’s growth.
TherapeuticsThe therapeutics segment represents about 14% of the market, focusing on the development of miRNA-targeted therapies for cancer, cardiovascular, and neurological disorders. Ongoing clinical trials and advancements in RNA delivery systems are expanding its potential in next-generation treatment strategies.
Mi-RNA Market, Segmentation By End User
The Mi-RNA Market has been segmented by End User into Pharma & Biotech Companies, Academic & Research Institutes, Healthcare Facilities and Others.
Pharma & Biotech CompaniesPharma and biotech companies hold approximately 39% of the Mi-RNA Market, utilizing miRNA technologies for drug discovery, target validation, and clinical trials. Growing interest in RNA-based therapeutics and collaborations with research institutions are further driving demand in this segment.
Academic & Research InstitutesAcademic and research institutes account for nearly 35% of the market, focusing on fundamental research, biomarker discovery, and disease mechanism studies. The availability of research funding and advancements in genomic sequencing are boosting adoption in this segment.
Healthcare FacilitiesHealthcare facilities represent around 18% of the market, applying miRNA-based diagnostics for early disease detection, treatment monitoring, and personalized medicine. Integration of molecular diagnostics into clinical workflows is enhancing precision in patient care.
OthersThe others segment holds about 8% of the market, including contract research organizations (CROs) and specialized genomics service providers. These entities support both commercial and academic projects by offering outsourced testing and advanced miRNA analysis capabilities.
Mi-RNA Market, Segmentation By Geography
In this report, the Mi-RNA Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Mi-RNA Market Share (%), By Geographical Region
North AmericaNorth America leads the Mi-RNA Market with approximately 38% share, driven by advanced biotechnology research infrastructure, strong government and private funding, and the rapid adoption of RNA-based diagnostics and therapeutics. The presence of major industry players further strengthens regional growth.
EuropeEurope accounts for nearly 29% of the market, supported by robust academic research networks and significant investments in molecular biology. Regulatory support for personalized medicine and cross-border collaborative projects are enhancing market expansion.
Asia PacificThe Asia Pacific region holds about 24% of the market, representing the fastest-growing segment due to increasing genomic research activities, rising healthcare investments, and expanding biotechnology sectors in countries like China, Japan, and India.
Middle East & AfricaMiddle East and Africa contribute around 5% of the market, with growth fueled by emerging biomedical research initiatives and the gradual adoption of advanced molecular diagnostics in healthcare systems.
Latin AmericaLatin America represents approximately 4% of the market, driven by growing interest in cancer research, rising investment in healthcare innovation, and increased participation in global genomics collaborations.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Mi-RNA Market. These factors include; Market Drivers, Restraints and Opportunities Analysis, Market Opportunity Mapping.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological Advancements
- Growing Research in Molecular Biology
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Increasing Investment in Healthcare - The global microRNA (miRNA) market is witnessing a surge in investment within the healthcare sector. As researchers delve deeper into understanding the intricate roles of miRNAs in gene expression regulation, pharmaceutical companies and biotech firms are showing a keen interest in leveraging this knowledge for therapeutic interventions. This heightened investment underscores the growing recognition of miRNAs as promising biomarkers and therapeutic targets across various diseases, including cancer, cardiovascular disorders, and neurological conditions.
The advent of advanced technologies, such as next-generation sequencing and gene editing tools, has further propelled the miRNA research landscape. These technological advancements have facilitated comprehensive miRNA profiling and functional studies, enabling researchers to elucidate their roles in disease pathology with unprecedented precision. Consequently, stakeholders across the healthcare spectrum are increasingly integrating miRNA-based approaches into their R&D endeavors, fostering a conducive environment for market expansion and innovation in personalized medicine.
Restraints
- Regulatory Challenges
- Limited Awareness among Healthcare Professionals
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High Costs Associated with Mi-RNA Research - The global microRNA (miRNA) market faces significant challenges due to the high costs associated with miRNA research. This emerging field of study, focused on understanding the roles and functions of small non-coding RNA molecules in gene regulation, demands substantial financial resources. From laboratory equipment to reagents and personnel, every aspect of miRNA research incurs considerable expenses. This financial burden often limits the scope and pace of research, hindering the exploration of miRNA's potential applications in diagnostics, therapeutics, and biomarker discovery.
The complexities inherent in miRNA research exacerbate the cost issue. Unlike protein-coding genes, miRNAs regulate gene expression at the post-transcriptional level, adding layers of intricacy to experimental methodologies. Techniques for miRNA isolation, quantification, and functional analysis require specialized expertise and sophisticated instrumentation, driving up research expenses. As a result, many researchers face challenges in securing adequate funding for their miRNA-related projects, constraining innovation and progress in this promising but financially demanding field.
Opportunities
- Rising Demand for Personalized Medicine
- Emerging Markets in Developing Countries
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Collaborative Initiatives for Drug Development - The global microRNA (miRNA) market faces significant challenges due to the high costs associated with miRNA research. This emerging field of study, focused on understanding the roles and functions of small non-coding RNA molecules in gene regulation, demands substantial financial resources. From laboratory equipment to reagents and personnel, every aspect of miRNA research incurs considerable expenses. This financial burden often limits the scope and pace of research, hindering the exploration of miRNA's potential applications in diagnostics, therapeutics, and biomarker discovery.
The complexities inherent in miRNA research exacerbate the cost issue. Unlike protein-coding genes, miRNAs regulate gene expression at the post-transcriptional level, adding layers of intricacy to experimental methodologies. Techniques for miRNA isolation, quantification, and functional analysis require specialized expertise and sophisticated instrumentation, driving up research expenses. As a result, many researchers face challenges in securing adequate funding for their miRNA-related projects, constraining innovation and progress in this promising but financially demanding field.
MicroRNA (mi-RNA) Market Competitive Landscape Analysis
MicroRNA (mi-RNA) Market is witnessing rising competition as leading players focus on advancing research, enhancing diagnostics, and expanding therapeutic applications. With over 45% of market share concentrated among a few key companies, strategic collaboration and merger activities are intensifying. Innovation and partnerships are driving growth as firms seek to strengthen product portfolios and accelerate clinical development pipelines.
Market Structure and Concentration
The market demonstrates moderate concentration, with nearly 55% controlled by top-tier participants. Strategic partnerships and merger initiatives shape competitive positioning. Mid-sized firms are leveraging niche innovation strategies to capture additional share, while established players dominate through broad service offerings, technological advancements, and global presence.
Brand and Channel Strategies
Strong brand visibility and differentiated marketing strategies remain vital, with more than 40% of companies enhancing digital outreach. Direct research collaborations, academic partnerships, and multichannel distribution networks support market expansion. By aligning sales and brand strategies, key players reinforce presence across diagnostic centers and pharmaceutical alliances, improving long-term growth trajectories.
Innovation Drivers and Technological Advancements
Innovation is a defining force, with nearly 60% of growth influenced by advanced sequencing platforms and bioinformatics tools. Companies invest heavily in technological advancements, refining assay sensitivity and accuracy. Research partnerships accelerate development of novel mi-RNA therapeutics, while innovation strategies increasingly integrate AI-driven analytics, fostering higher adoption and market expansion across multiple therapeutic domains.
Regional Momentum and Expansion
Regional competition intensifies, with North America holding nearly 45% share, driven by strong research collaboration networks. Europe follows closely, emphasizing partnerships with biotech firms, while Asia-Pacific exhibits rapid expansion fueled by academic alliances and increasing R&D investment. Strategic regional mergers and innovation-driven strategies support accelerating adoption across diagnostic and therapeutic applications.
Future Outlook
The future outlook highlights continued reliance on partnerships and innovation as over 50% of companies expand pipelines toward therapeutic applications. Increasing merger activities, regional expansion strategies, and technological advancements reinforce competitive strength. Collaboration remains central to long-term growth, ensuring a dynamic competitive landscape where companies continuously adapt to evolving research needs and diagnostic demand.
Key players in Mi-RNA Market include:
- Thermo Fisher Scientific Inc.
- QIAGEN N.V.
- Illumina Inc.
- Merck KGaA (MilliporeSigma)
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- F. Hoffmann-La Roche Ltd.
- Takara Bio Inc.
- PerkinElmer Inc.
- Horizon Discovery (PerkinElmer subsidiary)
- System Biosciences LLC
- New England Biolabs Inc.
- GeneCopoeia Inc.
- Abcam plc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Technology
- Market Snapshot, By Applications
- Market Snapshot, By End User
- Market Snapshot, By Region
- MicroRNA (mi-RNA) Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Growing Research in Molecular Biology
- Increasing Investment in Healthcare
- Restraints
- Regulatory Challenges
- Limited Awareness among Healthcare Professionals
- High Costs Associated with Mi-RNA Research
- Opportunities
- Rising Demand for Personalized Medicine
- Emerging Markets in Developing Countries
- Collaborative Initiatives for Drug Development
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Compititive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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MicroRNA (mi-RNA) Market, By Product, 2021 - 2031 (USD Million)
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Instruments
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Kits & Reagents
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MicroRNA (mi-RNA) Market, By Technology, 2021 - 2031 (USD Million)
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Real Time Polymerase Chain Reaction
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Microarray
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Next Generation Sequencing (NGS)
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Immunoassay
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- MicroRNA (mi-RNA) Market, By Applications, 2021 - 2031 (USD Million)
- Research
- Diagnostics
- Therapeutics
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MicroRNA (mi-RNA) Market, By End User, 2021 - 2031 (USD Million)
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Pharma & Biotech Companies
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Academic & Research Institutes
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Healthcare Facilities
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Others
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- MicroRNA (mi-RNA) Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- Thermo Fisher Scientific Inc.
- QIAGEN N.V.
- Illumina Inc.
- Merck KGaA (MilliporeSigma)
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- F. Hoffmann-La Roche Ltd.
- Takara Bio Inc.
- PerkinElmer Inc.
- Horizon Discovery (PerkinElmer subsidiary)
- System Biosciences LLC
- New England Biolabs Inc.
- GeneCopoeia Inc.
- Abcam plc
- Company Profiles
- Analyst Views
- Future Outlook of the Market