New research projects to drive the growth of miRNA market
Besides, new epidemic diseases are attracting the attention of the science community around the world. Thus, it is expected that new research projects will drive the future growth of miRNA market.
Further, RNCOS has found that regulatory bodies and companies in various countries are extending grants to promote the research of MicroRNA (miRNA) globally. For instance, NIH awarded three grants worth $ 650,000 supporting RNAi, miRNA Rx development to support work on treatments for cancer and Huntington's disease.
Additionally, increase in miRNA based research around the world has directly triggered an exponential rise in the requirements for miRNA research kits. Besides, large investments in the research and development of various applications of miRNA are raising the market revenue. This will directly boost the sales of companies offering miRNA analysis kits, thus benefitting the industry to a great extent.
Besides, the research firm has done thorough research and prudent analysis of the global miRNA industry and identified some critical factors acting as a catalyst for the industryâ€™s current and future growth outlook.
The report reveals that, the miRNA industry will grow at a fast pace in near future on the back of increasing number of research work being conducted, most of it occurring at the academic level. Through the in-depth analysis of the recent developments, it has been observed that the industry players are applying innovative strategies to provide products, which will support the miRNA research around the globe.
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