Global Microrna Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Microrna industry revenue is expected to be around $2.6 billion in 2025 and expected to showcase growth with 14.2% CAGR between 2025 and 2034. The MicroRNA market expansion results from multiple essential factors. The market expansion is mainly driven by the rising occurrence of chronic diseases including cancer and cardiovascular disorders that need sophisticated diagnostic and therapeutic solutions. The market has expanded because of rising demand for personalized medicine and the growing focus on disease prevention and early detection. The market demand for MicroRNA has increased because of technological progress in genomics and molecular biology as well as rising research and development funding. The market remains important because it shows promise in different applications while scientists continue their research in this field.
MicroRNA functions as a small non-coding RNA class which controls gene expression in both plant and animal organisms. MicroRNAs function as essential regulators of biological processes which include cell development and differentiation as well as proliferation and apoptosis. MicroRNA serves three essential functions in molecular biology and biotechnology as diagnostic biomarkers and therapeutic targets and research tools. The demand for MicroRNA has increased significantly because of its potential applications in cancer diagnosis and treatment.
Market Key Insights
- The Microrna market is projected to grow from $2.3 billion in 2024 to $8.6 billion in 2034. This represents a CAGR of 14.2%, reflecting rising demand across Cancer Diagnosis & Prognosis, Cardiovascular Disease Management and Genetic Research & Drug Development.
- Thermo Fisher Scientific Inc., QIAGEN N.V., Illumina Inc. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Microrna market and are expected to observe the growth CAGR of 12.8% to 17.0% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 9.9% to 14.9%.
- Transition like Emergence of Non-Invasive Diagnostic Tools is expected to add $331 million to the Microrna market growth by 2030.
- The Microrna market is set to add $6.3 billion between 2024 and 2034, with manufacturer targeting Therapeutics & Research Applications projected to gain a larger market share.
- With Advancements in microrna therapeutics, and Expansion of personalized medicine, Microrna market to expand 277% between 2024 and 2034.