Comprehensive Report On The Global DNA/RNA Sample Extraction And Isolation Market For The Forecast Period 2024-2033 | F Hoffmann-La Roche AG, Thermofisher Scientific Inc., Danaher Corporation

"The Business Research Company has released its latest global market reports, covering insights for 2024 and offering projections up to 2033.

The Business Research Company presents an extensive market research report on the DNA/RNA Sample Extraction And Isolation Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The DNA/RNA sample extraction and isolation market size has grown strongly in recent years. It will grow from $2.33 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to advancements in genomics research, increasing demand for personalized medicine, rising prevalence of genetic disorders, growing investments in life sciences research, technological advancements in sample extraction techniques.

The DNA/RNA sample extraction and isolation market size is expected to see strong growth in the next few years. It will grow to $3.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to expanding applications of genomics in diagnostics and drug development, rising adoption of precision medicine, increasing awareness and focus on genetic testing, continuous developments in sample extraction technologies, growing collaborations and partnerships in the biotechnology sector. Major trends in the forecast period include technological advancements in extraction and isolation techniques, adoption of automation and high-throughput techniques, emergence of new players and collaborations in the market, shift towards point-of-care testing and decentralized diagnostics, rising investments in healthcare infrastructure and R&D.

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Key Market Players:

Major companies operating in the dna/rna sample extraction and isolation market report are F Hoffmann-La Roche AG, Thermofisher Scientific Inc., Danaher Corporation , MilliporeSigma, Agilent Technologies, Illumina Inc., PerkinElmer Inc., Sigma-Aldrich, bioMérieux SA, Bio-Rad Laboratories Inc., Qiagen N.V., Eppendorf AG, Macherey-Nagel Gmbh & Co. KG, Tecan Group, Promega Corporation, Abnova Corporation, Abcam Plc., Takara Bio Inc., New England Biolabs, Omega Bio-tek Inc., Zymo Research, PCR Biosystems, Biotium Inc., Beckman Coulter, Norgen Biotek Inc.

Market Drivers:

The rising prevalence of infectious diseases is expected to propel the growth of the DNA/RNA sample extraction and isolation market going forward. Infectious diseases refer to illnesses caused by the invasion and multiplication of pathogenic microorganisms, including bacteria, viruses, fungi, and parasites. DNA/RNA extraction is essential for PCR-based diagnostic tests and is widely utilized to detect the genetic material of pathogens with sensitivity and specificity, enabling the identification of infectious agents like viruses or bacteria in patient samples. For instance, in July 2023, according to UNAIDS, a Switzerland-based UN program dedicated to addressing the global HIV/AIDS epidemic, the global population living with HIV increased to 39 million in 2022, up 3.17% from 37.7 million in 2020. Moreover, there were approximately 1.3 million new HIV infections reported in 2022. Furthermore, in March 2023, according to the Centers for Disease Control and Prevention, a US-based national public health organization, in the United States, 8,331 cases of tuberculosis (TB) were reported in 2022, a rise from 7,874 cases in 2021. Therefore, the rising prevalence of infectious diseases will drive the growth of the DNA/RNA sample extraction and isolation market.

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The dna/rna sample extraction and isolation market covered in this report is segmented -

1) By Product: Consumables, Instruments
2) By Technology: Consumable-Based Technology, Instrument-Based Technology
3) By Application: Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Cloning, Microarray, Blotting Techniques, Other Applications
4) By End-User: Clinical Diagnostic And Forensic Laboratories, Research Academics And Institutions, Pharmaceutical And Biotechnology Companies, Contract Research Organizations (CRO), Other End-Users

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