MicroRNA Sequencing And Assays Market
By Product;
Consumables and InstrumentsBy Technology;
Sequencing by Synthesis, Ion Semiconductor, Solid and Nanopore SequencingBy Application;
Cancer, Polyglutamine Diseases, Autoimmune Disease, Schizophrenia and OthersBy End User;
Clinical Laboratory, Life Science Organization and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Mi-RNA Sequencing and Assay Market Overview
Mi-RNA Sequencing and Assay Market (USD Million)
Mi-RNA Sequencing and Assay Market was valued at USD 325.27 million in the year 2024. The size of this market is expected to increase to USD 723.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.1%.
MicroRNA Sequencing And Assays Market
*Market size in USD million
CAGR 12.1 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 12.1 % |
Market Size (2024) | USD 325.27 Million |
Market Size (2031) | USD 723.58 Million |
Market Concentration | Low |
Report Pages | 320 |
Major Players
- Illumina Inc
- Thermo Fisher Scientific
- Qiagen N.V
- Perkinelmer Inc
- Takara Bio Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
MicroRNA Sequencing And Assays Market
Fragmented - Highly competitive market without dominant players
The Mi-RNA Sequencing and Assay Market is gaining remarkable traction as researchers increasingly recognize the value of microRNA in gene expression and disease profiling. Over 65% of research professionals now prioritize next-generation sequencing for microRNA analysis, reflecting its critical role in advancing molecular diagnostics. The growing focus on early detection and targeted therapies further positions Mi-RNA sequencing as a key enabler of biomedical innovation.
Expanding Role in Precision Medicine
A major driver for growth is the rising adoption of precision medicine. More than 70% of clinical studies incorporate Mi-RNA profiling to identify biomarkers and map treatment responses. By enabling highly personalized care strategies, Mi-RNA sequencing ensures greater accuracy in therapeutic outcomes, strengthening its presence in both clinical and research settings.
Technology Innovations Boosting Market Growth
Rapid technological advancements in sequencing platforms and assay kits are fueling wider adoption. Approximately 60% of laboratories have shifted from conventional gene expression analysis to Mi-RNA-based sequencing due to its higher sensitivity, reproducibility, and scalability. These innovations are opening new avenues in oncology, neurology, and immunology research, making Mi-RNA sequencing a go-to solution for complex studies.
Market Outlook and Future Potential
The Mi-RNA Sequencing and Assay Market is set to grow rapidly, backed by strong investments and expanding applications. Nearly 68% of industry stakeholders plan to increase funding for Mi-RNA technologies, driving further advancements in molecular diagnostics. With cutting-edge sequencing platforms converging with broader clinical adoption, the market is poised to transform how disease detection, monitoring, and treatment are approached in the coming years.
Mi-RNA Sequencing and Assay Market Recent Developments
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In November 2023, Fluent BioSciences announced a partnership with Singular Genomics, a company leveraging novel next-generation sequencing (NGS) and multiomics technologies to empower researchers and clinicians. Together, they unveiled the compatibility of PIPseq Single Cell RNA Kits with sequencing on the Singular Genomics G4 Sequencing Platform.
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In May 2023, Twist Bioscience Corporation announced the launch of a portfolio of RNA sequencing tools, which included the Twist RNA Exome, Twist RNA Library Prep Kit, and the Twist Ribosomal RNA (rRNA) & Hemoglobin (Globin) Depletion Kit, as well as custom target enrichment capabilities for RNA and whole transcriptome sequencing.
Mi-RNA Sequencing and Assay Market Segment Analysis
In this report, the Mi-RNA Sequencing and Assay Market has been segmented by Technology, Application, End User and Geography.
Mi-RNA Sequencing and Assay Market, Segmentation By Technology
The Mi-RNA Sequencing and Assay Market has been segmented by Technology into Sequencing by Synthesis, Ion Semiconductor, Solid and Nanopore Sequencing.
Sequencing by SynthesisThe sequencing by synthesis segment dominates the Mi-RNA Sequencing and Assay Market with around 46% share, owing to its high accuracy, scalability, and ability to process large sample volumes. Widely used in biomarker discovery and gene expression profiling, it remains the preferred technology in both research and clinical applications.
Ion SemiconductorIon semiconductor technology holds approximately 25% of the market, valued for its cost-effectiveness and rapid turnaround times. It is particularly popular in laboratories requiring mid-throughput sequencing for targeted miRNA studies and personalized medicine applications.
SolidThe solid sequencing segment accounts for about 17% of the market, offering strong read accuracy and suitability for complex miRNA sequence analysis. While its usage has declined compared to newer platforms, it is still leveraged in specialized research projects that demand precise sequence alignment.
Nanopore SequencingNanopore sequencing represents nearly 12% of the market, gaining traction due to its capability for real-time sequencing and detection of long miRNA reads without amplification. Its portability and adaptability make it increasingly attractive for field-based genomic studies and rapid diagnostics.
Mi-RNA Sequencing and Assay Market, Segmentation By Application
The Mi-RNA Sequencing and Assay Market has been segmented by Application into Cancer, Polyglutamine Diseases, Autoimmune Disease, Schizophrenia and Others.
CancerThe cancer segment leads the Mi-RNA Sequencing and Assay Market with about 49% share, driven by the critical role of miRNA profiling in tumor classification, prognosis, and therapeutic target identification. Its adoption is expanding in oncology research and clinical diagnostics for personalized treatment planning.
Polyglutamine DiseasesPolyglutamine diseases hold approximately 18% of the market, with miRNA sequencing aiding in understanding neurodegenerative mechanisms and identifying biomarkers for early detection. Research in conditions like Huntington’s disease benefits from its ability to provide gene expression insights.
Autoimmune DiseaseThe autoimmune disease segment accounts for nearly 15% of the market, where miRNA analysis supports disease pathogenesis studies and the discovery of predictive biomarkers. It is increasingly applied in conditions such as lupus and rheumatoid arthritis to guide targeted therapies.
SchizophreniaSchizophrenia represents about 10% of the market, utilizing miRNA sequencing to explore neurobiological pathways and potential diagnostic markers. This application is gaining traction as part of psychiatric genomics research aimed at early intervention strategies.
OthersThe others category holds roughly 8% of the market, covering diverse applications in cardiovascular diseases, metabolic disorders, and infectious diseases. Ongoing studies continue to expand the utility of miRNA sequencing in multiple therapeutic areas.
Mi-RNA Sequencing and Assay Market, Segmentation By End User
The Mi-RNA Sequencing and Assay Market has been segmented by End User into Clinical Laboratory, Life Science Organization and Others.
Clinical LaboratoryThe clinical laboratory segment holds approximately 47% of the Mi-RNA Sequencing and Assay Market, driven by rising demand for precision diagnostics and personalized medicine. These laboratories utilize miRNA sequencing for disease biomarker detection, prognostic evaluation, and treatment monitoring in clinical settings.
Life Science OrganizationLife science organizations account for nearly 38% of the market, leveraging miRNA sequencing in drug discovery, functional genomics, and biological pathway analysis. Significant R&D investments and collaborations with academic institutions are fueling growth in this segment.
OthersThe others category represents about 15% of the market, including contract research organizations (CROs), government research bodies, and independent biotechnology firms. Their role in offering specialized outsourced sequencing services is expanding as demand for cost-efficient research solutions grows.
Mi-RNA Sequencing and Assay Market, Segmentation By Geography
In this report, the Mi-RNA Sequencing and Assay 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 Sequencing and Assay Market Share (%), By Geographical Region
North AmericaNorth America leads the Mi-RNA Sequencing and Assay Market with around 39% share, supported by advanced genomics research infrastructure, significant funding for RNA-based studies, and high adoption of sequencing technologies in clinical diagnostics and drug development.
EuropeEurope holds approximately 28% of the market, driven by robust academic research collaborations and growing investment in personalized medicine. Regulatory support for innovative molecular diagnostic tools is further boosting regional adoption.
Asia PacificThe Asia Pacific region accounts for about 24% of the market, representing the fastest-growing segment due to rising healthcare investments, expanding biotechnology sectors, and increased focus on genetic research in countries such as China, Japan, and India.
Middle East & AfricaMiddle East and Africa contribute nearly 5% of the market, with growth fueled by emerging genomics initiatives and the gradual adoption of advanced sequencing technologies in medical research and diagnostics.
Latin AmericaLatin America holds close to 4% of the market, driven by increasing participation in global genomic research projects and rising demand for molecular diagnostics in cancer and infectious disease studies.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Mi-RNA Sequencing and Assay Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological Advancements
- Growing Prevalence of Chronic Diseases
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Increasing Demand for Personalized Medicine - The global Mi-RNA sequencing and assay market is witnessing a significant surge in demand, primarily driven by the growing need for personalized medicine. As the understanding of molecular mechanisms underlying diseases deepens, there's an increasing emphasis on tailoring treatments to individual patients' genetic makeup. Mi-RNAs, short RNA molecules involved in gene regulation, play a crucial role in this landscape. They offer valuable insights into disease pathways and hold promise as biomarkers for diagnostics and prognostics, fueling the demand for sequencing and assay technologies.
The advent of high-throughput sequencing technologies has revolutionized the field of genomics, making it feasible to analyze Mi-RNA profiles on a large scale. This has opened up new avenues for research and clinical applications, enabling comprehensive profiling of Mi-RNAs across diverse biological samples. Consequently, there's a growing adoption of Mi-RNA sequencing and assay platforms in both academic and clinical settings, driving market growth.
The shift towards precision medicine paradigms is amplifying the demand for Mi-RNA sequencing and assay solutions. With a focus on delivering targeted therapies that are tailored to individual patients' genetic makeup, there's a heightened need for accurate and comprehensive molecular profiling tools. Mi-RNA-based assays offer a non-invasive means to assess disease status, predict treatment response, and monitor therapeutic efficacy, thereby facilitating precision medicine initiatives. This increased utility and relevance of Mi-RNA sequencing and assay technologies are propelling market expansion across the globe.
Restraints
- High Cost of Sequencing and Assay Procedures
- Ethical and Regulatory Challenges
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Limited Awareness and Accessibility in Developing Regions - In developing regions, access to advanced technologies like global mi-RNA sequencing and assay systems remains limited due to various factors. Firstly, the high cost associated with acquiring and maintaining such equipment poses a significant barrier. Many healthcare facilities in these regions struggle with constrained budgets, making it challenging to invest in expensive molecular biology tools. Consequently, healthcare providers often resort to traditional diagnostic methods, which may not offer the same level of precision and insight as mi-RNA sequencing.
There's a lack of awareness and education regarding the benefits and applications of mi-RNA sequencing in many developing regions. Healthcare professionals may not be adequately trained to utilize these technologies effectively or interpret the results accurately. Without proper training and understanding, the potential of mi-RNA sequencing to revolutionize disease diagnosis and treatment remains largely untapped in these areas.
Infrastructure limitations further impede the accessibility of mi-RNA sequencing and assay technologies. Many regions lack reliable electricity, internet connectivity, and laboratory facilities required to support these sophisticated molecular biology techniques. Without the necessary infrastructure in place, even if healthcare facilities can afford mi-RNA sequencing equipment, they may struggle to integrate it into their operations effectively.
Opportunities
- Expansion of Healthcare Infrastructure in Emerging Markets
- Collaborative Research Initiatives
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Rising Investments in Genomic Research - As genomic research continues to advance, the global Mi-RNA sequencing and assay market is experiencing a surge in investments. Mi-RNAs, short for microRNAs, are small non-coding RNA molecules that play crucial roles in regulating gene expression. They are involved in various biological processes, including development, differentiation, and disease progression. The increasing understanding of miRNA function and their potential as biomarkers for various diseases has propelled the demand for miRNA sequencing and assay technologies.
Investments in genomic research have been steadily rising as the importance of understanding the genetic basis of diseases becomes increasingly apparent. Researchers and healthcare professionals are turning to miRNA sequencing and assays to gain insights into complex biological processes and to develop novel diagnostic and therapeutic strategies. This trend is particularly evident in areas such as oncology, where miRNAs are being investigated as biomarkers for cancer diagnosis, prognosis, and treatment response prediction.
MicroRNA Sequencing And Assays Market Competitive Landscape Analysis
MicroRNA Sequencing And Assays Market
The MicroRNA Sequencing And Assays Market demonstrates a competitive environment driven by strategies focused on collaboration and partnerships. Leading players emphasize innovation in assay design and sequencing technologies, with mergers enhancing growth and strengthening market positions. Approximately 40% of key players pursue alliances to accelerate technological advancements.
Market Structure and Concentration
The market exhibits a moderately concentrated structure with top firms controlling around 60% of market share. Strategic partnerships and mergers facilitate consolidation, while smaller players contribute through niche innovation. Collaborative models and technological advancements are shaping competitive growth trajectories and reinforcing long-term market presence.
Brand and Channel Strategies
Leading companies deploy brand differentiation and multichannel strategies to capture market segments effectively. Emphasis on partnerships with research institutions and distributors enhances visibility. Digital platforms, targeted campaigns, and collaborative innovation contribute to approximately 35% increase in channel reach, ensuring sustained growth across regions.
Innovation Drivers and Technological Advancements
The market's innovation landscape is fueled by advanced sequencing platforms, enhanced assay sensitivity, and bioinformatics integration. Collaborative research and technological advancements account for roughly 50% of new product developments. Continuous growth through R&D investments ensures the market remains at the forefront of future outlook trends.
Regional Momentum and Expansion
Significant expansion occurs as companies establish regional hubs, strengthen collaboration networks, and pursue joint ventures. Focused investments in research centers and distribution enhance market growth. Approximately 45% of firms engage in regional partnerships, amplifying technological advancements and positioning for a strong future outlook.
Future Outlook
The market's future outlook is underpinned by innovation, strategic mergers, and cross-industry collaboration. Companies aim to expand capabilities, integrate advanced technological advancements, and sustain growth momentum. With partnerships driving nearly 50% of market expansion, the sector is expected to achieve a robust trajectory in coming years.
Key players in Mi-RNA Sequencing and Assay Market include:
- Illumina, Inc.
- Thermo Fisher Scientific, Inc.
- Agilent Technologies, Inc.
- QIAGEN N.V.
- Bio-Rad Laboratories, Inc.
- Takara Bio Inc.
- PerkinElmer, Inc.
- NanoString Technologies, Inc.
- BGI Genomics Co., Ltd.
- New England Biolabs, Inc.
- Roche Sequencing Solutions
- Merck KGaA
- LC Sciences
- Exiqon (now part of QIAGEN)
- Arraystar, Inc.
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 Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- MicroRNA Sequencing And Assays Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Growing Prevalence of Chronic Diseases
- Increasing Demand for Personalized Medicine
- Restraints
- High Cost of Sequencing and Assay Procedures
- Ethical and Regulatory Challenges
- Limited Awareness and Accessibility in Developing Regions
- Opportunities
- Expansion of Healthcare Infrastructure in Emerging Markets
- Collaborative Research Initiatives
- Rising Investments in Genomic Research
- 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 Sequencing And Assays Market, By Product, 2021 - 2031 (USD Million)
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Consumables
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Instruments
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- MicroRNA Sequencing And Assays Market, By Technology, 2021 - 2031 (USD Million)
- Sequencing By Synthesis
- Ion Semiconductor
- Solid
- Nanopore Sequencing
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MicroRNA Sequencing And Assays Market, By Application, 2021 - 2031 (USD Million)
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Cancer
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Polyglutamine Diseases
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Autoimmune Disease
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Schizophrenia
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Others
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- MicroRNA Sequencing And Assays Market, By End User, 2021 - 2031 (USD Million)
- Clinical Laboratory
- Life Science Organization
- Others
- MicroRNA Sequencing And Assays 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
- Illumina, Inc.
- Thermo Fisher Scientific, Inc.
- Agilent Technologies, Inc.
- QIAGEN N.V.
- Bio-Rad Laboratories, Inc.
- Takara Bio Inc.
- PerkinElmer, Inc.
- NanoString Technologies, Inc.
- BGI Genomics Co., Ltd.
- New England Biolabs, Inc.
- Roche Sequencing Solutions
- Merck KGaA
- LC Sciences
- Exiqon (now part of QIAGEN)
- Arraystar, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market