Towards Healthcare
miRNA Sequencing and Assay Market Size, Trends | 13.33% CAGR

miRNA Sequencing and Assay Market to Hit $1369.11 Mn by 2034

The miRNA sequencing and assay market is growing with advancements in next-gen sequencing (NGS) to explore miRNA's role in gene regulation and disease. Recent funding rounds, like aceRNA's $6.1M raise and Regulus' $100M deal, highlight innovations. AI integration, like Biostate AI's RNAseq tools, further accelerates research.

The global miRNA sequencing and assay market size is calculated at US$ 391.73 in 2024, grew to US$ 443.95 million in 2025, and is projected to reach around US$ 1369.11 million by 2034. The market is expanding at a CAGR of 13.33% between 2024 and 2034. miRNAs hold great potential in disease diagnosis and the development of new treatment options, due to which they are highly used in next-generation sequencing.

miRNA Sequencing and Assay Market Size 2023 - 2034

Unlock Infinite Advantages: Subscribe to Annual Membership

miRNA Sequencing and Assay Market Overview

The diverse family of small, non-coding RNA molecules known as tiny RNAs is typically less than 200 nucleotides long. Of these, microRNAs, or miRNAs, have been studied and characterized the most. Next-generation sequencing (NGS), which provides precise, high-throughput profiling of small RNA and miRNA molecules, has revolutionized research on these molecules. Both known and new miRNAs may be found and measured using NGS-based short RNA sequencing, which provides details on how they act in gene regulatory networks and disease pathways. Researchers may also use NGS to look at patterns across different tissue types, developmental phases, or disease states to ascertain the functional importance of miRNA expression patterns.

  • In May 2024, with $6.1 million (960 million JPY) raised, aceRNA Technologies announced the successful conclusion of a series B fundraising round. Despite being in preclinical research, aceRNA Technologies is positioned as a prospective participant in the RNA therapeutic landscape due to its creative application of miRNA-responsive mRNA therapies.
  • In March 2024, Regulus Therapeutics announced a formal securities purchase deal. Vivo Capital and management. The business anticipated receiving around $100 million in gross funds at the financing's closure, which took place on or around March 14, 2024. Customary closing criteria must be met for the loan to close.

AI Integration in the miRNA Sequencing and Assay Market

To better comprehend hidden patterns in vast and complex genome data sets from fundamental and clinical research initiatives, the genomics sector is expanding the use of computational techniques like artificial intelligence and machine learning. CRISPR and other genetic techniques and disease studies may benefit from machine learning analysis. NHGRI is recognizing and defining its distinct position in the intersection of machine learning and genomics research.

For instance,

  • In July 2024, the scalable biodata foundry firm Biostate AI came out of stealth with the introduction of two service offerings: Copilot for RNAseq data processing and Total RNA sequencing. By utilizing its novel technologies for scalable multi-omic data gathering, scientific discovery, and AI training, Biostate AI hopes to form partnerships and work together with academia researchers, hospital biorepositories, and pharma/biotech businesses.

Market Dynamics

Driver

miRNA’s Potential use as Biomarkers

The variable expression of miRNAs in sick tissues and their differential enrichment in plasma, serum, and other bodily fluids have been demonstrated in a number of studies, which may make them valuable for routine clinical diagnosis. Finding miRNA signatures that are indicative of various diseases, such as cancer, viral infections, disorders of the nervous system, cardiovascular disease, muscular disorders, diabetes, and others, has been the primary focus of research. Several studies have been specifically created to validate miRNAs as biomarkers and elucidate their function in controlling physiological and pathological processes.

Restraint

Specificity Related Challenges

Following early encouraging findings, it was evident that a number of significant obstacles were impeding the development of miRNA biomarkers. The problem of specificity is the most important of them. Researchers quickly discovered that it might be difficult to distinguish related disorders using circulating miRNA profiles. To overcome this seeming lack of specificity, some researchers are using sophisticated bioinformatics methods. We can find and assess the miRNA pattern with the best prediction value by using machine learning.

Opportunity

Using miRNA as Therapeutics

Understanding how miRNAs function in development and illness, especially cancer, has made them desirable targets and instruments for cutting-edge treatment strategies. Numerous miRNA-targeted treatments have advanced to the clinical stage, such as antimiRs that target miR-122, which have advanced to phase II trials for the treatment of hepatitis, and a mimic of the tumor suppressor miRNA miR-34, which has advanced to phase I clinical trials for the treatment of cancer.

Segmental Insights

The Products Segment Dominated in 2023

The product and service segment dominated the miRNA sequencing and assay market in 2023. Products include the necessary kits, reagents, solutions, and tools for conducting miRNA sequencing and assays. It is essential to provide high-quality products to get accurate results.

The Services Segment: Fastest CAGR

By product & service, the services segment is expected to achieve the fastest CAGR in the miRNA sequencing and assay market during the forecast period of 2024-2034. There are various services associated with miRNA sequencing and assay. Some of the services are quantification of samples, library construction, sequencing, NGS, bioinformatics, data analysis, and data reporting. These services are essential for data storage and analysis for disease diagnosis, treatment, and other purposes.

The Sequencing by Synthesis Segment Dominated

By technology, the sequencing by synthesis segment held the major share of the miRNA sequencing and assay market in 2023. One of the most popular next-generation sequencing (NGS) technologies in the world is sequencing by synthesis (SBS). The SBS method sequences the tens of millions of clusters on the flow cell surface in parallel using four fluorescently tagged nucleotides.

The Sequencing by Oligonucleotide Ligation and Detection (SOLiD) Segment: Fastest CAGR

By technology, the sequencing by oligonucleotide ligation and detection (SOLiD) segment is estimated to achieve the fastest growth rate in the miRNA sequencing and assay market during the predicted timeframe. Because SOLiD sequencing uses dual-reading and two-base encoding, it provides great accuracy. By ensuring that every base is read twice, the two-base encoding scheme lowers mistakes and boosts base calling confidence. When compared to other next-generation sequencing systems, it is more affordable, particularly for applications requiring high precision.

The Sequencing Segment: Dominated & Fastest CAGR

By workflow, the sequencing segment remained dominant in the miRNA sequencing and assay market in 2023 and is estimated to grow at the fastest rate during 2024-2034. In contrast to other types of RNA-seq, miRNA-seq frequently uses input material that has been enriched for short RNAs. miRNA-seq enables researchers to identify previously unidentified miRNAs and investigate tissue-specific expression patterns, illness correlations, and isoforms of miRNAs.

The Cancer Segment Dominated in 2023

By application, the cancer segment dominated the miRNA sequencing and assay market in 2023. miRNAs have a significant impact on the transformation of cancer cells. Through their targeting of genes implicated in cell-cycle inhibition or tumor formation and progression, miRNAs can act as oncogenes or tumor-suppressor genes. MicroRNAs have been exceedingly promising for cancer detection, prognosis, and treatment ever since they were discovered.

The Polyglutamine Disease Segment: Fastest Growth

By application, the polyglutamine disease segment is anticipated to grow at the fastest CAGR in the miRNA sequencing and assay market during the predicted period. Recent research has shown that a variety of miRNAs can both function as biomarkers to anticipate neuronal illness states and control the progression of neurodegenerative disorders.

The Research and Academic Institutes Segment Dominated

By end-use, the research and academic institutes segment dominated the miRNA sequencing and assay market in 2023. The use of miRNA as biomarkers and as therapeutics is still in the review and study stage. Various academic and research institutes are continuously conducting research to fully explore the potential of miRNA in various healthcare related applications.

The Pharmaceutical and Biotechnology Industry Segment: Fastest CAGR

By end-use, the pharmaceutical and biotechnology industry segment is estimated to grow at a significant rate in the miRNA sequencing and assay market during the forecast period. Once miRNA-based therapeutics are available after FDA approval, the pharmaceutical and biotechnology industries will use miRNA to develop novel therapeutics for various diseases.

Regional Insights

miRNA Sequencing and Assay Market NA, EU, APAC, LA, MEA Share, 2023 (%)

Presence of Key Players Drive North America

North America dominated the miRNA sequencing and assay market in 2023. The growing use of miRNA sequencing assays to identify a number of serious illnesses in North America is what defines the region. Additionally, the market for miRNA sequencing is expected to develop in North America due to the growing need for customized treatment and the rise in both acute and chronic disorders since miRNA serves as a biomarker for these conditions. One of the main drivers of market expansion is the increasing incidence of chronic illnesses. Regional development is fueled by the existence of several individuals and organizations in this area that take action to increase public knowledge of new and better miRNA sequencing products and technology.

Additionally, government-funded clinics, healthcare networks, the military, and agricultural organizations make extensive use of miRNA sequencing and tests. Consequently, the rise of regional markets is being aided by favorable government policies and investments.

Government Initiatives are Promoting APAC’s Market

Asia Pacific is expected to host the fastest-growing miRNA sequencing and assay market during the forecast period. Because chronic illnesses are becoming more common, and there is a rising need for tailored medication. The area is a perfect market for miRNA sequencing and assay services since it is home to a sizable population with a variety of genetic origins. The development of precise and reasonably priced miRNA sequencing and test services has been made possible by the growing accessibility of cutting-edge technology, which includes high-throughput assays and next-generation sequencing. This has further fueled the market's expansion in the area.

The market has expanded as a result of growing investments made in research and development by both public and private entities. Additionally, the market in the area is anticipated to be driven by the growing need for miRNA sequencing and assay services in the biotechnology and pharmaceutical sectors.

Top Companies in the miRNA Sequencing and Assay Market

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

miRNA Sequencing and Assay Market Companies

Latest Announcements by Industry Leaders

In March 2024, since its start in the 1970s, genetic sequencing has advanced significantly, according to Dr. Kuo, the CEO of the business. One of the most intriguing new advances in biotechnology is long-read RNA sequencing, which is driving the industry to move away from short-read sequencing. We think that a fresh generation of biotechnology advances might be accelerated by our solution. Its potential is demonstrated by the support of some of the top life science investors in the UK. The money will support our efforts to uncover the hidden realm of RNA and open up fascinating new uses.

Recent Developments in the miRNA Sequencing and Assay Market

  • In October 2024, Sanofi made a strategic equity investment in Resalis Therapeutics to expedite RES-010's clinical trial progress. Resalis Therapeutics is positioned as a prospective participant in the RNA therapeutics market due to its emphasis on miRNA-based medicines. The business is well-positioned to significantly advance the treatment of metabolic illnesses because of its creative strategy and the increasing backing of important industry partners.
  • In October 2024, American scientists Victor Ambros and Gary Ruvkun were named the 2024 Nobel Prize laureates in Physiology or Medicine for their research on microRNA. Their findings provide insight into the origins of sophisticated life on Earth and the diverse range of tissues that make up the human body.

Segments Covered in the Report

By Product & Service

  • Product
    • Library Preparation Kits
    • Sequencing Consumables
    • Instruments
  • Service

By Technology

  • Sequencing by Synthesis
  • Sequencing by Oligonucleotide Ligation and Detection (SOLiD)
  • Nanopore Sequencing
  • Sanger Sequencing
  • Single Molecule Real-time (SMRT) Sequencing

By Workflow

  • Sequencing
  • Library Preparation
  • Data Analysis & Storage

By Application

  • Cancer
  • Polyglutamine Diseases
  • Autoimmune Disease
  • Schizophrenia
  • Others

By End-use

  • Research and Academic Institutes
  • Pharmaceutical & Biotechnology Industry
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5363
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: December 2024
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

Meet the Team

Rohan Patil is a market research expert with 5+ years of experience in healthcare, specializing in market dynamics, emerging trends, and technology-driven innovations to guide data-driven decisions for healthcare organizations.

Learn more about Rohan Patil

Aditi Shivarkar, with 14+ years in packaging market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards Packaging 's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Reports

FAQ's

A highly conserved class of tiny, non-coding RNA molecules of 19–25 nucleotides is known as microRNAs.

Targeting several genes in a particular pathway and quickly creating novel treatments are two benefits of miRNA-based therapy.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.