This research report analyzes the Micro-RNA Market, studying data according to application, technology, and geographical distribution of the market. It employs reliable analytical tools such as Porter’s Five Forces analysis to elucidate the competitive landscape of the micro RNA market, with respect to the privilege position of the established players and the chances new entrants stand to make it big in the market. It also contains a value chain analysis along with a complete study of the micro and macro factors responsible for the steady function of the micro RNA market.
Micro-RNA is a genetic component of all eukaryotic cells. These are vital components of gene expression in animal as well as plant cells and are consequently vital for normal function of these cells. RNA interference drug discovery and therapeutics have crucial applications for micro-RNA, as regulation and control of gene expression is the aim of RNA-targeted research. Recent studies have shown that long-incurable diseases such as AIDS and cancer are associated with irregular gene expression. Research into micro-RNA could thus be the answer to one of the most elusive problems in medicine.
The report elaborates voluminously on the prime drivers expected to boost the market in the forecast period, as well as the restraining factors expected to hold it back. This includes a study of the strengthening trends in the market expected to come to the fore in the coming years, complemented by an analysis of the technological development in the field. The progress of the micro RNA market is, like any other medical innovation, inextricably linked with the development in technologies necessary for the process. The analysis of the trends and growth/restraining factors provides a complete understanding of the market situation in 2012, and provides a solid foundation on which the report then bases predictions for the market for the forecast period 2013-2019.
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The three major applications of micro RNA include research, diagnostics, and therapeutics. Due to the worrying nature of the disease micro RNA could potentially cure, there is no dearth of governmental funding for micro RNA research. This is a major growth driver for the RNA market, as many governments have liberally committed to eradicating these seemingly incurable diseases.
Purification, labeling, linear amplification, microarrays, qRT-PCR, and inhibition are the major technologies used in the micro RNA market. Geographically, North America and Europe lead the way in micro RNA research, followed by Asia Pacific and Rest of World. The emerging economies of many countries in the latter two regions are leading to increasing penetration of healthcare services in previously untended regions, as well as advancing the healthcare sector in urbanized regions. This growing trend of increasingly widespread healthcare services is expected to be particularly prominent in countries like India, China, Japan, Singapore, as well as many countries in the Middle East and Latin America.