miRNA Sequencing and Assay Market | Exclusive Survey Report with Detailed Analysis

The increasing cases of various cancer types have created numerous research and development activities. One of these includes the study of micro RNA sequencing and assay by synthesis, the increasing number of ongoing research of which is prognosticated to boost the global miRNA sequencing and assay market. miRNA sequencing is the utilization of massively parallel high-throughput DNA sequencing or next-generation sequencing for sequencing microRNAs.

The global miRNA sequencing and assay market is classified on the basis of product & service, technology, workflow, application, end use, and region, Based on product and services, the market is bifurcated into services and products, out of which the products segment is further grouped into instruments, sequencing consumables, and library preparation kits. In terms of technology, the market is categorized into single molecule real-time (SMRT) Seq., Sanger Seq., Nanopore Seq., Seq. by Oligonucleotide Ligation and Detection (SOLiD), Sequencing (Seq.) By Synthesis. With respect to application, the market is Schizophrenia, Autoimmune Disease, Poluglutamine diseases, and cancer. As per segmentation by end-use, the market is trifurcated into contract research organization, research and academic institutes, and pharmaceutical & biotechnology industry.

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The report on the global miRNA sequencing and assay market is based on a 360-degree overview of the market and its prime growth trajectories. It also discusses the possibility of challenging factors affecting the overall growth of this market and how can manufacturers avoid such circumstances by applying which strategies. Additionally, the report also highlights the impact of the novel COVID19 pandemic on this market and what is their future prospective during this time. Furthermore, the report lists the key segments and players of this market, names of leading segment and notable industry developments. The report is available for sale on the company website.

miRNA Sequencing and Assay Market: Competitive Landscape

At present, Thermo Fisher Scientific Inc., and Illumina Inc., are collectively holding the lion’s share on the overall market for miRNA sequencing and assay. Players of this market are focusing on improving their portfolio with respect to product and services to emerge dominant in the market competition. Besides this, the players are also indulging in collaborative efforts so as to indulge in double profit and half risk, for the ultimate benefit of their brand names in the overall market.

Some of the key players of the global miRNA sequencing and assay market include:

• System Biosciences, LLC
• HTG Molecular Diagnostics Inc.
• Meridian Bioscience Inc.
• Maravai LifeSciences
• Norgen Biotek Corp
• Lexogon GmbH
• Takara Bio Inc
• Abcam plc
• New England Biolabs
• PerkinElmer Inc.
• Illumina Inc.
• QIAGEN
• Thermo Fisher Scientific Inc.

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miRNA Sequencing and Assay Market: Industry Development

• The small RNA isolation kit called TraPR (Trans-Kingsom, Rapid, Affordable Purification of RISCS) was launched by Lexogon GmbH in June 2020.

• For up gradation of existing sequencing and assay and the development of new sequence analysis technology, an estimated US$ 682 million was invested by Illumina Inc.,in 2020 for research and development purposes.  

miRNA Sequencing and Assay Market: Trends and Opportunities

Various factors such as the benefits of miRNA sequencing, ascend in appropriation of RNA sequencing conventions in biotechnology research, and the utilization of miRNAs as basic controllers of wellbeing and illness stands as the key factors boosting the microRNA sequencing and examine market growth. Additionally, the growing commonness of disease and immune system problems, and rising number of cancer cases will also drive the market in the forecast period.

miRNA Sequencing and Assay Market: Regional Analysis

Regionally, the market is dominated by North America on account of the presence of top companies in this field such as Illumina Inc., and Thermo Fisher Scientific, among others. Besides this, the intense research and development activities and high funding for the same will help this region continue dominating the market in the forecast period.

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