Press release
Nucleic Acid Extraction System Market is Poised to Grow at a CAGR of 11.4% to Reach US$ 13.64 Billion by 2032
Nucleic Acid Extraction System Market
This growth is driven by increasing demand in hospitals and diagnostic centers, fueled by rising research initiatives, the use of nucleic acid testing in molecular diagnostics, and the high demand for rapid and accurate disease diagnosis.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=432
Key Companies Profiled
Thermo Fisher Scientific, Inc.
Illumina, Inc.
Agilent Technologies, Inc.
Tecan Group AG.
Sigma Aldrich Corp.
Becton Dickinson and Company
QIAGEN
Bio-Rad Laboratories Inc.
PerkinElmer, Inc.
F. Hoffmann-La Roche
DiaSorin S.p.A
Increasing Demand for Precision Medicine:
The rising emphasis on precision medicine, which customizes medical treatment based on individual patient characteristics, has significantly boosted the demand for advanced molecular diagnostics. Nucleic acid extraction systems play a crucial role in this shift by enabling the isolation and analysis of genetic material with unparalleled accuracy. This increased demand spans various applications including oncology, infectious diseases, genetic disorders, and pharmacogenomics.
Technological Advancements Driving Market Growth:
Market expansion is closely linked to rapid technological advancements in nucleic acid extraction systems. Cutting-edge innovations such as automated extraction processes, high-throughput capabilities, and integrated sample-to-answer solutions are improving efficiency and reducing turnaround times. These advancements not only enhance diagnostic precision but also contribute to cost-effectiveness, making molecular diagnostics more accessible to a wider range of healthcare providers and research institutions.
Regional Insights:
Europe: Europe holds a significant 28.6% share of the global nucleic acid extraction system market. Major biotech firms in the region are currently undergoing commercialization and expanding their operations, which is expected to bolster the market for nucleic acid extraction systems.
North America: North America plays a crucial role in driving the global nucleic acid extraction system market with a 24.7% share. The U.S. specifically has shown rapid technological advancements and maintains stringent standards for pharmaceutical analysis, positioning it to drive growth in the nucleic acid extraction system market within the region.
Asia Pacific: The Asia Pacific region is poised to become one of the leading revenue contributors to the market, supported by a thriving medical research and development industry.
Category Insights:
Segmented by application, the nucleic acid extraction system market encompasses hospitals & diagnostic centers, life sciences, pharmaceuticals, academia, and medical and clinical research. Hospitals & diagnostic centers currently hold the largest share in this market.
Accurate diagnosis of genetic disorders such as sickle cell disease, Tay-Sachs, hemophilia A, and anemia is facilitated through DNA/RNA extraction procedures. The anticipated accessibility of these advanced methods at moderate to low costs is expected to enhance their adoption in hospitals & diagnostic centers.
Technological advancements in sample preparation and the increasing demand for new extraction techniques and advanced nucleic acid arrays are key drivers behind the growing demand for nucleic acid extraction systems in hospitals & diagnostic centers.
Read More: https://www.factmr.com/report/432/nucleic-acid-extraction-system-market
Competitive Landscape
Key players are working on many projects to increase the number of nucleic acid extraction instruments and kits. To maximize the benefits to end users and speed up research turnaround time, players are investing in discovering and incorporating innovative efficient solutions.
For instance :
In 2020, Thermo Fisher acquired QIAGEN N.V., a major global supplier of diagnostic techniques and sample preparation technology. This investment is expected to extend the company's specialty diagnostics offering with revolutionary sample processing, test, and bioinformatics solutions.
Key Segments Covered in Nucleic Acid Extraction System Industry Research
Nucleic Acid Extraction System Market by Product :
DNA Extraction
RNA Extraction
Protein Extraction
Nucleic Acid Extraction System Market by Application :
Hospitals & Diagnostic Centers
Life Science
Pharmaceuticals
Academic
Medical and Clinical Research
Nucleic Acid Extraction System Market by Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=432
๐๐จ๐ง๐ญ๐๐๐ญ:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nucleic Acid Extraction System Market is Poised to Grow at a CAGR of 11.4% to Reach US$ 13.64 Billion by 2032 here
News-ID: 3576311 • Views: โฆ
More Releases from Fact.MR
Digital Twin Market is Growing at a CAGR of 34.3% d by 2033 | Key Players: ABB L โฆ
Digital Twin Market is valued at USD 5 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 34.3%, reaching USD 95 billion by 2033. This explosive growth is driven by the increasing adoption of digital twins across industries to optimize operations, reduce costs, and enhance decision-making through virtual replicas of physical assets. Digital twins integrate IoT, AI, and data analytics to simulate real-worldโฆ
Hemato Oncology Testing Market is Forecasted to Reach USD 23.64 Billion by 2033 โฆ
The global hemato oncology testing market is valued at USD 4.33 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 18.5%, reaching USD 23.64 billion by 2033. This rapid growth is driven by the increasing prevalence of blood-related cancers, such as lymphoma and leukemia, and advancements in diagnostic technologies like next-generation sequencing (NGS) and polymerase chain reaction (PCR). Hemato oncology testing plays aโฆ
Osseointegration Implants Market is Anticipated to Reach USD 6.85 Billion by 203 โฆ
Osseointegration Implants Market is poised for robust growth, with its valuation projected to rise from USD 3.17 billion in 2025 to USD 6.85 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8%. This expansion is driven by the increasing prevalence of orthopedic and dental disorders, such as osteoarthritis, rheumatoid arthritis, and edentulism, which necessitate advanced implant solutions. Osseointegration implants, which fuse directly with bone to provide stableโฆ
Fibrin Sealants Market is Anticipated to Reach USD 1.92 Billion by 2033 | Fact.M โฆ
The global fibrin sealants market is valued at USD 976.5 million in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 7%, reaching USD 1.92 billion by 2033. This growth is driven by the increasing prevalence of surgical procedures requiring effective hemostasis and tissue sealing, particularly in cardiovascular, orthopedic, and general surgeries. Fibrin sealants, derived from human plasma proteins, mimic the body's natural clotting process,โฆ
More Releases for Extraction
Supercritical CO2 Extraction System Global Market Report |Apeks, Vitalis Extract โฆ
"[Nevada, October 2024] - The Supercritical CO2 Extraction System represents a pivotal technological advancement within the extraction industry, employing carbon dioxide at supercritical conditions to selectively extract valuable compounds from various materials. This innovative system operates at elevated temperatures and pressures, transforming CO2 into a fluid with unique properties that act as both a gas and a liquid. As a result, it serves as an environmentally friendly alternative to traditionalโฆ
Supercritical CO2 Extraction Equipment Market Size, Share and Forecast By Key Pl โฆ
๐๐๐, ๐๐๐ฐ ๐๐๐ซ๐ฌ๐๐ฒ- According to the MRI Team's Market Research Intellect, the global Supercritical CO2 Extraction Equipment market is anticipated to grow at a compound annual growth rate (CAGR) of 8.35% between 2024 and 2031. The market is expected to grow to USDย 19.33ย Billion by 2024. The valuation is expected to reach USDย 33.88ย Billion by 2031.
The market for supercritical CO2 extraction equipment is expanding quickly as a result of the increased needโฆ
Supercritical CO2 Extraction Equipment Market 2023: Some Basic Influencing Facto โฆ
The Supercritical CO2 Extraction Equipment report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Supercritical CO2 Extraction Equipment research reportโฆ
CO2 Extraction Systems 2021 Market Segmentation, Application, Technology & Marke โฆ
Intelligencemarketreport.com Publish a New Market Research Report on โCO2 Extraction Systems Market - Global Research Report 2021-2027โ.
The purpose of the most recent analysis on the CO2 Extraction Systems market is to help market participants obtain a complete understanding of current market dynamics. The information in the study is a great resource for companies searching for exciting prospects in the business while also bracing for potential risks. The research goes intoโฆ
Extraction Equipment Market Report, Size, Share, Growth, Applications, Technolog โฆ
The new study on the Globalย Extraction Equipment Marketย 2021-2027 analyzes the crucial capabilities, key infrastructures, major organizations, evaluates measures to attain potential success in the Extraction Equipment industry. Because of the in-depth overview of the world Extraction Equipment market, the recent document allows investors, traders, and manufacturers to plan some innovative techniques, and meanwhile, align them with operational and commercial enterprise models. Additionally, the Extraction Equipment market report provides crucial facetsโฆ
Industrial Extraction Equipment Market Size, Manufacturers, Supply Chain, Sales โฆ
The Industrial Extraction Equipment Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period ofโฆ
