Press release
Nucleic Acid Isolation and Purification Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2028
The global nucleic acid isolation and purification market size is expected to reach USD 6.17 Billion by 2028 at a CAGR of 8.6%, according to the latest report by Reports and Data. Rapid adoption of nucleic-based tests in clinical diagnostics, growth in genomics research, increasing use of sequencing techniques to identify and diagnose diseases, and rapid technological advancements in biotechnology and pharmaceutical sectors are some key factors expected to drive market revenue growth over the forecast period. In addition, increasing investment in research and development in the fields of molecular biology and precision medicine are also expected to drive revenue growth of the market over the forecast period.Nucleic acid isolation and purification is a routine procedure in molecular biology and forensic analysis. Nucleic acid is a starting point for numerous downstream applications and the quality of nucleic acids in the sample play a major role in determining the success of subsequent steps of analysis. Nucleic acid extraction and purification is majorly done to disintegrate cell envelope and achieve maximal removal of lipids and proteins to obtain high-quality and yield and DNA or RNA. The nucleic acid samples generated by this technique are then used for various purposes such as in sequencing, cloning, polymerase chain reaction, and others. It enables efficient identification and detection of pathogens, microorganism, and genetic aberrations in the given sample. This has contributed significantly to progress of genomics research and is expected to further fuel revenue growth of the market over the forecast period.
Increasing application of Next-Generation Sequencing (NGS) and liquid biopsies for early detection and diagnosis of cancer is also expected to boost revenue growth of the market going ahead. However, lack of skilled technicians, incidence of nucleic acid degradation, and high costs of reagents and instruments are expected to restrain market growth to a certain extent over the forecast period.
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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.
Key companies operating in the market include:
QIAGEN N.V., Thermo Fisher Scientific, Roche AG, Merck KGaA, Agilent Technologies Inc., Illumina, Inc., Takara Bio, Inc., Promega Corporation, GE Healthcare, Danaher Corporation, New England Biolabs, and Bio-Rad Laboratories.
The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.
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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Nucleic Acid Isolation and Purification market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.
On basis of product types and application offered by the Nucleic Acid Isolation and Purification industry, the market is segmented into:
Product Outlook (Revenue, USD Billion; 2018-2028)
• Kits & Reagents
• Instruments
Method Outlook (Revenue, USD Billion; 2018-2028)
• Column
• Magnetic Beads
• Others
Type Outlook (Revenue, USD Billion; 2018-2028)
• Genomic DNA isolation and purification
• Plasmid DNA isolation and purification
• RNA isolation and purification
• miRNA isolation and purification
• Others
End-use Industry Outlook (Revenue, USD Billion; 2018-2028)
• Hospitals & Diagnostics Centers
• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
• CROs
• Others
The regional analysis covers:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
To know more about the report @ https://www.reportsanddata.com/report-detail/nucleic-acid-isolation-and-purification-market
Benefits of Nucleic Acid Isolation and Purification Market Report:
• Panoramic overview of the opportunities and risks in the Nucleic Acid Isolation and Purification sector
• Study of recent innovations and developments in the industry
• Comprehensive study of the growth pattern of the Nucleic Acid Isolation and Purification industry
• In-depth assessment of the competitive landscape of the key players of the Nucleic Acid Isolation and Purification industry
• Analysis of the Nucleic Acid Isolation and Purification market drivers, constraints, and opportunities
• Assessment of technological developments and latest trends of the industry
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Thank you for reading our report. For customization or further inquiry, please get in touch with us. Our team will ensure the report is tailored according to your requirements.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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