Nucleic Acid Isolation & Purification market Size is Expected to Boost the Demand and Growth by 2030 - Business Market Insights

Nucleic Acid Isolation & Purification market crossed US$ 6.0 billion mark in 2022 and is expected to hit US$ 10.0 billion by 2030, recording a CAGR of 8.0% during the forecast period.

Technological advancement is a standalone factor responsible for driving the nucleic acid isolation & purification market. Nucleic acid sample purification and quality assessment prove to be a critical process in experimental workflows as the quality of nucleic acids can affect the performance of downstream reactions; technological advancements prove to be a vital factor. Additionally, various companies manufacture technologically advanced kits for nucleic acid isolation & purification activity. The latest Nucleic Acid Isolation & Purification market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Nucleic Acid Isolation & Purification market.

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Key Players:

o QIAGEN
o Thermo Fischer Scientific, Inc.
o F. Hoffmann-La Roche Ltd
o Merck KGaA (Sigma Aldrich)
o Bio-Rad Laboratories, Inc.
o Agilent Technologies, Inc.
o Danaher
o Takara Bio Inc.
o Promega Corporation
o Biogenuix

Recent strategic developments in nucleic acid isolation & purification market
The nucleic acid isolation & purification market has undergone several significant developments, and a few of these have been mentioned below:
• In June 2019, Biogenuix, announced launching of automated nucleic acid extraction systems from KURABO INDUSTRIES LTD. (Japan). The newly launched product has contributed to numerous genetic researches over 20 years by DNA/RNA isolation systems, GENE PREP STAR and QuickGene.
• In April 2021, Thermo Fischer Scientific, Inc. announced launching o f a new product namely, Thermo Scientific KingFisher Apex Purification System". This newly launched product is a high-throughput sample purification instrument designed for scientists seeking for automation for extraction of DNA, RNA, proteins and cells from an array of sample types. The product is simple to use, saves time, and enables consistent results.

Target audience for the report:
• Nucleic acid isolation & purification service providers
• Nucleic acid isolation & purification related associations, organizations, forums, and alliances
• Government bodies, such as regulating authorities and policy makers
• Venture capitalists, private equity firms, and start-up companies
• End users of Nucleic acid isolation & purification
• Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

• Product:
o Kits,
o Reagents,
o Instruments

• Type
o Plasmid DNA Isolation & Purification
o Total RNA Isolation & Purification
o Circulating Nucleic Acid Isolation & Purification
o Genomic DNA Isolation & Purification
o Messenger RNA Isolation & Purification
o microRNA Isolation & Purification
o PCR Cleanup
o Others

• Method:
o Column-Based Isolation & Purification
o Magnetic Bead-based Isolation & Purification
o Reagent-based Isolation & Purification
o Others

• Application:
o Diagnostics
o Drug Discovery & Development
o Personalized Medicines
o Agriculture & Animal Research
o Others

• End User:
o Hospitals & Diagnostic Centers
o Academic & Research Institutes
o Pharmaceutical & Biotechnology Companies
o Contract Research Organizations
o Others

• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa

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The research report provides deep insights into the market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Nucleic Acid Isolation & Purification market during the forecast period, i.e., 2022-2030. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2022-2030? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Nucleic Acid Isolation & Purification market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Nucleic Acid Isolation & Purification market?
4. What are the prominent market trends influencing the development of the Nucleic Acid Isolation & Purification market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Nucleic Acid Isolation & Purification market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Nucleic Acid Isolation & Purification market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Nucleic Acid Isolation & Purification market segments and regions.

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