The advantages of miRNA sequencing over other technologies will bring immense growth opportunities for the global miRNA sequencing and assay market during the forecast period of 2020-2030. Decreased sequencing cost and increasing funding for research will bring exponential growth for the miRNA sequencing and assay market.
The growing role of miRNAs in cell physiology and development will bring tremendous growth prospects for the miRNA sequencing and assay market. Furthermore, miRNAs are also useful markers for identifying different cell types. These factors help in the expanding the growth prospects of the miRNA sequencing and assay market.
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The growing applications of miRNA sequencing in autoimmune diseases, schizophrenia, cancer, polyglutamine diseases, and others will bring exponential growth for the miRNA sequencing and assay market during the forecast period.
Increasing Investments in miRNA Sequencing and Assay Market to Bring Immense Growth Opportunities
The growing use of miRNA sequencing in a wide range of applications and its expanding popularity is urging many investor firms and conglomerates to invest in the global market. The future prospects of the miRNA sequencing and assay market are bright with an increase in the overall application landscape. Hence, these investment opportunities give rise to research and development activities, eventually increasing the growth rate of the miRNA sequencing and assay market.
North America to Emerge as Champion of Growth
North America’s miRNA sequencing and assay market is expected to emerge as a dominant regional contributor through the forecast period of 2020-2030. The presence of many companies in the region may contribute immensely to the growth structure of North America’s miRNA sequencing and assay market.
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Some well-entrenched players in the miRNA sequencing and assay market are Maravai LifeSciences, Thermo Fisher Scientific Inc., Lexogon GmbH, Meridian Bioscience Inc., Norgen Biotek Corp, Illumina Inc., New England Biolabs, QIAGEN, HTG Molecular Diagnostics Inc., and PerkinElmer Inc.