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Automated Nucleic Acid Extraction Devices Global Market Size, Share, Growth And Forecast To 2032
Automated Nucleic Acid Extraction Devices Market Report
The Business Research Company's Automated Nucleic Acid Extraction Devices Global Market Report 2023 identifies growing number of research and development activities as the major driver for the automated nucleic acid extraction devices market's growth in the forecast period. Research and development activities are activities carried out by businesses to inquire about and gather market information prior to the start of the development process in order to create and introduce new goods and services to the market and increase the bottom line of the business. The automated nucleic acid extraction devices are used in research and development activities for clinical diagnosis, biological analysis, and environmental monitoring to boost companies' efforts to develop new solutions.
The global automated nucleic acid extraction devices market size is expected to grow from $4.84 billion in 2022 to $5.42 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automated nucleic acid extraction devices market size is expected to grow to $8.45 billion in 2027 at a CAGR of 11.8%.
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Major competitors in the automated nucleic acid extraction devices market are QIAGEN N.V., PerkinElmer Inc., F. Hoffmann-La Roche AG, Die Analytik Jena GmbH, Thermo Fisher Scientific Inc.
A key trend in the automated nucleic acid extraction devices market includes product innovation. Major companies operating in the automated nucleic acid extraction devices market are introducing innovative products to sustain their position in the market. For instance, in August 2022, Aurora Biomed, a Canada-based manufacturer of automated medical equipment, introduced the VERSA NAP Automated DNA Extraction Systems (also known as the automated nucleic acid extraction system) to automate DNA and RNA extractions and their related purification protocols. The system can process 1-96 samples at the same time and is capable of isolating pure, high-quality DNA or RNA with its plate grippers and transporters, and gives high nucleic acid results.
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The automated nucleic acid extraction devices market is segmented -
•By Type: Instruments, Kits, Consumables
•By Product: Fully Automated, Semi-Automated
•By End User: Hospitals, Diagnostic Centers, Forensic Laboratories, Pharmaceutical and Biotechnology Companies, Academic Research Institutes
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the automated nucleic acid extraction devices market.
The Business Research Company's "Global Automated Nucleic Acid Extraction Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automated Nucleic Acid Extraction Devices Market Include:
1. Executive Summary
2. Automated Nucleic Acid Extraction Devices Market Characteristics
3. Automated Nucleic Acid Extraction Devices Market Trends And Strategies
4. Automated Nucleic Acid Extraction Devices Market - Macro Economic Scenario
5. Automated Nucleic Acid Extraction Devices Market Size And Growth
……
26. Africa Automated Nucleic Acid Extraction Devices Market
27. Automated Nucleic Acid Extraction Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automated Nucleic Acid Extraction Devices Market
29. Automated Nucleic Acid Extraction Devices Market Future Outlook and Potential Analysis
30. Appendix
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