Nucleic Acid Isolation and Purification Market and Projected to Reach US$ 4.38 Billion Growing at CAGR 9.6% to 2023

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The Global Nucleic Acid Isolation and Purification Market is expected to reach USD 4.38 Billion by 2023 from USD 2.77 Billion in 2018, at a CAGR of 9.6%. This report spread across 175 pages, profiling 12 companies and supported with 112 tables and 43 figures is now available in this research.

“Magnetic bead-based isolation and purification is expected to grow at the highest CAGR during the forecast period.”
On the basis of method, the nucleic acid isolation and purification market is segmented into column-based isolation and purification, reagent-based isolation and purification, magnetic bead-based isolation and purification, and other methods. The magnetic bead-based method is expected to grow at a higher CAGR during the forecast period as this method increases throughput, uses no hazardous chemicals, and can be automated if required.

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“Academic and government research institutes are expected to dominate the market during the forecast period.”
On the basis of end user, the nucleic acid isolation and purification market is segmented into academic & government research institutes, pharmaceutical & biotechnology companies, contract research organizations, hospitals & diagnostic centers, and other end users. In 2018, academic and government research institutes are expected to account for the largest share of the market due to the increasing research activities and use of nucleic acid tests in molecular diagnostics.

“Asia to witness the highest growth during the forecast period.”
In 2018, North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in the Asian market is attributed to factors such as favorable regulatory guidelines, lower manufacturing costs, growing presence of market players in emerging economies, and favorable government investments in the life sciences sector.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 36%; Tier 2 -46%; Tier 3 - 18%.
• By Designation: C-level- 29%; D-level- 43%; others- 28%.
• By Region: North America-39%; Europe-29%;Asia-20%; Rest of the World- 12%

Report Highlights:
• To forecast the size of the market with respect to five regions: North America, Europe, Asia, and Rest of the World.

• To define, describe, and forecast the global nucleic acid isolation and purification market on the basis of product, method, type, application, end user, and region

• To provide detailed information about major factors influencing market growth (drivers, restraints, and opportunities)

• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for the market leaders

• To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

• To track and analyze competitive developments in the market, such as, mergers and acquisitions, product launches, expansions, and R&D activities

Reason to access full report:
The Report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall nucleic acid isolation and purification market and its sub segments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies.

Competitive Landscape of Nucleic Acid Isolation and Purification Market:
1 Introduction
2 Market Share Analysis
3 Competitive Scenario
3.1 Partnerships, Agreements, Contracts, and Collaborations (2015–2018)
3.2 Product Launches (2015–2018)
3.3 Acquisitions (2015–2018)
3.4 Expansions (2015–2018)

Target Audience for Nucleic Acid Isolation and Purification Market: Research associations related to genomics, Hospitals and diagnostic centers, Contract research organizations, Healthcare institutions, Research institutes, Pharmaceutical and biotechnology companies.

Top Key Players profiled in the Nucleic Acid Isolation and Purification Market include are Agilent Technologies (US), Bio-Rad Laboratories (US), Danaher Corporation (US), Roche (Switzerland), GE Healthcare (US), Illumina(US), Promega Corporation (US), Qiagen(Netherlands), Merck KGaA (Germany), Takara Bio (Japan), Thermo Fisher Scientific (US), New England Biolabs (US).

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