Europe miRNA Sequencing and Assay Market Growth Opportunities and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Europe miRNA Sequencing and Assay Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Library Preparation and Consumables), Technology (Sequencing by Synthesis, Nanopore, and Ion Semiconductor Sequencing), and End User (Research Institute, Academia, and CRO)

Report Date : May 2021
Report Code : TIPRE00022148

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 120

Page Updated: May 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Europe miRNA sequencing and assay market is expected to reach US$ 144.87 million by 2027 from US$ 62.30 million in 2019; it is estimated to grow at a CAGR of 11.3% from 2020 to 2027.

The widening application range of microRNAs and rise in funding for genomics research. However, challenges associated with the delivery, efficacy, and specificity of miRNA-based therapeutics hinder the market growth.

MicroRNAs (miRNAs) are noncoding RNAs that are partially complementary to messenger RNA (mRNA). They are known to downregulate the expression, which makes them vital regulators of important cellular functions. Being involved in the process of differentiation, they act as markers in cell type identification. miRNAs are associated with pathological processes such as viral infections, autoimmune diseases, and carcinogenesis. Thus, extensive research is being conducted to identify new miRNAs. Furthermore, new discoveries regarding the role of miRNAs in disease development have made them a key target of novel therapeutic approaches. Several miRNA-targeted therapeutics against the diseases such as cancer and hepatitis have reached the clinical phase. For instance, Santaris Pharma has developed a therapeutic molecule named Miravirsen that targets miR-122 for the treatment of hepatitis C virus (HCV) infection; the molecule is in the Phase II clinical trial. Therefore, rise in funding of genomic research to identify new molecules to diagnose and treat diseases, and consequent expansion of the range of applications of miRNAs are driving the growth of the miRNA sequencing and assay market in Europe.

The COVID-19 pandemic has been having some serious effects on European countries. The miRNA sequencing and assay market in the region witnessed shortfall at the beginning of the pandemic crisis due to disruptions in supply chain and lowered demands due to lockdown imposed by many European countries. However, later, the demand for the miRNA sequencing and assay products increased drastically with supportive government initiatives. Many private research organizations have expanded their research teams and projects to accelerate studies related to SARS-CoV-2. For instance, QIAGEN, Germany, a pioneer in next-generation sequencing (NGS), has expanded its integrated coronavirus next-generation sequencing platforms and software solutions to accelerate COVID-19 research. Hence, the COVID-19 pandemic has been supporting the Europe miRNA sequencing and assay market growth.

Europe miRNA sequencing and assay market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe miRNA Sequencing and Assay Market Segmentation

By Product

Library Preparation
Consumables

By Technology

Sequencing by Synthesis
Nanopore
Ion Semiconductor Sequencing

By End User

Research Institute
Academia
CRO

By Country

UK
Germany
France
Italy
Spain
Rest of Europe

Company Profiles

Illumina, Inc
THERMO FISHER SCIENTIFIC INC.
QIAGEN
Perkin Elmer, Inc.
Takara Bio Inc.
New England Biolabs
Norgen Biotek Corp
TriLink BioTechnologies Inc.
Lexogen GmbH
Oxford Nanopore Technologies

Europe miRNA Sequencing and Assay Report Scope

Report Attribute	Details
Market size in 2019	US$ 62.30 Million
Market Size by 2027	US$ 144.87 Million
Global CAGR (2020 - 2027)	11.3%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Product Library Preparation and Consumables By Technology Sequencing Synthesis Nanopore Ion Semiconductor Sequencing By End User Research Institute Academia CRO
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Illumina, Inc THERMO FISHER SCIENTIFIC INC. QIAGEN Perkin Elmer, Inc. Takara Bio Inc. New England Biolabs Norgen Biotek Corp TriLink BioTechnologies Inc. Lexogen GmbH

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the Europe miRNA Sequencing and Assay Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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