- Key Leading Countries include USA, Germany and Japan
TechNavio, an independent London-based research firm today announced that ‘Pharmaceutical Companies’ are one of the key customer segments in the Global MicroRNA Market. The other key customer segments include ‘Biotechnology Companies’ and ‘Academic Institutions’. The research findings are for the forecast period 2012-2016.
The growth of the Global MicroRNA market has been due to the discovery of microRNA use for therapeutic purposes and the development of microRNA-based tools, reagents, diagnostics, and therapeutics for treatment of various ailments.
Cancer constituted the most researched area accounting for over 40 of this market followed by basic biology of microRNAs and therapeutic development. The trend is set to continue until 2016.
The increasing awareness about the potential of microRNA in the treatment of diseases such as cancer is leading to an increase in the discovery and development of therapeutic drugs by several leading pharmaceutical companies. Therefore, a large number of vendors are introducing new tools, reagents, and diagnostic equipment to support microRNA therapeutic research. In addition, the use of microRNA therapy for the treatment of diseases such as those pertaining to the immune system and heart, is gaining increasing importance, thereby contributing to the growth of the Global MicroRNA market.
TechNavio’s senior analyst and co-author of this report commented saying, “The Global MicroRNA Tools and Reagents market will be witnessing steady growth during the forecast period due to rapid innovation, especially in the MicroRNA Expression Profiling segment. A type of PCR, qRT PCR (Quantitative Real-time Polymerase Chain Reaction) is expected to be the fastest growing technology in the Global MicroRNA Tools and Reagents market, while microarrays are expected to be gradually replaced by next-generation sequencing platforms.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on https://www.technavio.com/report/global-microrna-market-2012-2016 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global MicroRNA Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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