The DNA Extraction Kit Market to Grow at a CAGR of 7.7% by 2027. Growth Driven by Increasing Genomics & Regenerative Medicine Projects - Arizton

According to Arizton latest research report, DNA extraction kits market is expected to grow at a CAGR of 7.7% during the forecast period 2022-2027. Kits for extracting RNA and DNA are in high demand. The DNA from the samples is used in PCR, genome sequencing, and cloning. As the need for this application develops, the market for DNA Extraction kits will grow as well. The increased scope of applications has largely increased the usage of DNA extraction kits. More R&D in the fields of biologics, molecular science, and genomics will further increase the use of DNA extraction kits.

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AVAILABILITY OF NEXT-GENERATION DNA EXTRACTION KITS
Vendors have made tremendous progress in developing DNA extraction kits that are more reliable, easier to implement, faster, cheaper, and have higher yields. Recent techniques are more reliable and efficient and have facilitated advances in the knowledge of the human genome. These techniques have also played an important role in the emergence of various scientific disciplines, such as gene editing and personalized medicine.

KEY HIGHLIGHTS
• The global DNA extraction kits market would realize an absolute growth of over 56.4% in terms of revenue between the forecast period of 2021 and 2027.
• The cell-free DNA segment dominates the global DNA extraction kits market, accounting for a share of 46.4%, followed by the genomic DNA and others with 44.5% and 8.8% shares, respectively in 2021.
• Product approval and next-generation product launches, coupled with R&D activities, help vendors expand their footprint, drive market growth, and maintain their position in the global DNA extraction kits market.
• The DNA extraction can be done through different samples, which comprise blood, tissue & FFPE, cells, and other samples. In the global DNA extraction kits market, the blood, tissue & FFPE segment accounted for the largest share of the market in 2021, followed by the cells and others, respectively.
• The global DNA extraction kits market is segmented into PCR, cloning, sequencing, and others. The retroviral segment accounted for a major share of 51.9% and others with 48% in 2021
• It is estimated that 80% of rare diseases are genetic. Therefore, genome sequencing-based diagnosis offers a promising alternative for rare-disease management. The number of rare diseases is around 7,000, and most of them are usually chronically debilitating or even life-threatening. Genomics is driving a fundamental shift in rare disease diagnosis, from symptom analysis to molecular etiology assessment, and hence will drive the demand for DNA extraction kits.
• The global DNA extractions kits market is segmented into healthcare facilities, research institutes, pharma & biotech companies, and others. The healthcare facilities segment dominated the global DNA extraction kits market with a share of 47.36% in 2021, followed by research institutes with 30.21%, pharma & biotech companies with 13.77%, and others with 8.65%.

DNA EXTRACTION KITS MARKET SEGMENTATION
Product Type
• Cell-free DNA
• Genomic DNA
• others
Application
• PCR
• Sequencing
• Cloning
• Others
Sample Type
• Blood
• Tissue & FFPE
• Cells
• others
End-User
• Healthcare Facilities
• Research Institutes
• Pharma & Biotech Companies
• others
Geography
• North America
• Europe
• APAC
• Latin America
• Middle East & Africa

WHAT ARE THE STRATEGIES ADOPTED BY VENDORS IN THE DNA EXTRACTION KITS MARKET?
Global players focus on developing innovative products and expanding their product portfolios to remain competitive in the market. They invest extensively in R&D activities. New product approvals and launches coupled with R&D activities assist vendors in expanding their presence, enhancing market growth, and sustaining their market positions in the global market. Vendors focus on launching innovative products to penetrate and tap the huge growth potential prevailing in the market. Players, especially giant players, are focused on pursuing organic growth strategies, such as product innovations and merging with emerging companies to expand their presence, enhance their product portfolios, and improve expertise in the market.

Key Vendors
• Agilent Technologies
• Bio-Rad Laboratories
• F. Hoffmann-La Roche
• Promega
• QIAGEN
• Thermo Fisher Scientific
Other Prominent Vendors
• 1st BASE
• 3B BlackBio Biotech India
• BioChain Institute
• Bioneer
• BLIRT
• Canvax
• Cell Projects
• Covaris
• Cytiva
• Fivephoton Biochemicals
• Galenvs Sciences
• Geneaid Biotech
• IBI Scientific
• INVITEK Molecular
• LabTurbo
• Lexogen
• LGC Biosearch Technologies
• Lucigen
• MagGenome
• Merck
• MP BIOMEDICALS
• New England Biolabs
• Omega Bio-tek
• PCR Biosystems
• PerkinElmer
• Primerdesign
• Takara Bio
• Vivantis Technologies
• Xi'an Tianlong Science and Technology
• Zymo Research

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