MicroRNA Market Key Insights and Growth Opportunities, Forecast - 2031
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The global microRNA (miRNA) market has gained substantial attention in recent years, driven by its expanding applications in disease diagnosis, therapeutics, and biomedical research. As per the latest insights from SkyQuest Technology, the global microRNA market is projected to reach a value of USD 3.58 billion by 2031 , growing at a CAGR of 12.9% from 2024 to 2031. This growth is fueled by advancements in RNA-based research, rising incidences of chronic diseases, and the increasing adoption of miRNA-based diagnostics and therapeutics. What is Driving the Growth of the MicroRNA Market? Advancements in Biotechnology The continuous evolution of next-generation sequencing (NGS) and molecular biology technologies has significantly enhanced the detection, profiling, and understanding of miRNA. This progress has opened doors for new therapeutic and diagnostic applications. Rising Incidence of Chronic and Genetic Diseases The increasing prevalenc...