mRNA Extraction and Purification Market Top Players - Qiagen, Thermo Fisher Scientific, Promega Corporation, Agilent Technologies, Inc, Merck Kgaa.

mRNA Extraction and Purification Market to Record an Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "mRNA Extraction and Purification Market- By Product (Kits/Reagents, Instruments) End-user (Academics and Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Other End Users) Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

The mRNA Extraction and Purification Market Size is estimated to be worth USD 826.0 million in 2022 and is expected to grow at a 19.6% compound annual growth rate (CAGR) to reach USD 3972.2 million by 2031, according to the company's most recent research.

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Reverse transcription for cDNA synthesis, RT-PCR, RT-qPCR, RNA-seq, and cloning are among the downstream procedures that depend on high-quality RNA molecules. Magnetic beads, spin-column purification, and phenol-chloroform extraction are RNA purification techniques. For the Extraction of mRNA, the magnetic beads approach is the most widely used of them. The poly-A tail on mRNA, which sets it apart from other RNA, is used by the beads. This is particularly helpful in distinguishing it from the far more prevalent rRNA. Enzymes and buffers containing chaotropic agents such as guanidinium isothiocyanate, sodium dodecyl sulfate (SDS), Sarcosyl, guanidinium chloride, urea, phenol, or chloroform are among the many reagents used in extraction and purification procedures. In research, mRNA is used to identify the proteins that are being translated and the amount of transcript that the cell is producing. To separate the final mRNA product from the solution in which it was transcribed, synthetic mRNA manufacturing requires a purification step.
The fast spread of the coronavirus over the past two years has resulted in a significant increase in the demand for diagnostic equipment and other critical care medical devices. Worldwide medication development and testing facilities are boosted by the quick diagnostic testing of COVID-19 infection. To fulfill the expanding demands of medication development, pharmaceutical development expedites research to create novel compounds. To enhance growth prospects, the government makes capital investments in research & development facilities and labs. The mRNA therapeutics market valuation reflects the pharmaceutical developers' preference for mRNA-based cancer treatments. This starts nucleic acid research and RNA extraction and purification services. The industry is expanding due to a number of factors, including a growing patient base, substantial life sciences research, rising funding initiatives for biotechnology research, and supportive government initiatives.

The cost of automated equipment and RNA isolation & purification kits is higher than that of traditional techniques, which could limit market expansion. These expensive tools are out of reach for organizations and businesses with minimal R&D resources.
Due in large part to the region's high level of research and development as well as the presence of market participants, North America is expected to dominate the mRNA extraction and purification market over the upcoming projected period. Their product offers for the market are always changing.

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Some major players in the market are Qiagen, Thermo Fisher Scientific, Promega Corporation, Agilent Technologies, Inc, Merck Kgaa, Miltenyi Biotec, Biobasic Inc, Takara Bio, Inc, New England Biolabs, Omega Bio-Tek, Inc, Norgen Biotek, Zymo Research, F. Hoffmann-La Roche Ag, Genaxxon Bioscience Gmbh, Biovision, Analytik Jena Ag, Bio-Rad Laboratories, Inc, AccuBioMed.

Key Developments in the market
• In Jan 2022, Merck KGaA Acquired CDMO Exelead for approximately $780 million in cash. Merck KGaA's LNP and mRNA capabilities will be enhanced due to the agreement. Merck plans to continue investing in mRNA as a modality and will scale up this technology at Exelead's facility. The company now provides comprehensive end-to-end services across the mRNA value chain.
• In Apr 2021, Promega Opened New Research & Development Facility' Kornberg Center' Supporting Science at the Edge of Innovation. This will aid in developing core products and technologies in life science research, cellular and molecular biology, genetic identity, clinical diagnostic and scientific applications, and training.
• In Apr 2020, Thermo Fisher Scientific, Inc. and Hamilton Company collaborated to create an automated nucleic acid extraction platform for forensic laboratories. The ID NIMBUS Presto assay allows for automated DNA extraction from crime scene samples.

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mRNA Extraction and Purification Market By Product Type
• Kits
• Reagents
• Instruments

mRNA Extraction and Purification Market By Method Type
• Chromatography
o Affinity
 OligodT Chromatography Resins
 Others
o Ion Exchange
o Hydrophobic Interaction
o Others (Multimodal, Reverse Phase, etc.)
• Oligo Deoxythymidine (dT) Magnetic Particles
• Lithium Chloride Precipitation

mRNA Extraction and Purification Market By Application
• Vaccine Production
• Protein Replacement Therapies
• Cancer Immunotherapies

mRNA Extraction and Purification Market By End-Users,
• Biotechnology & Pharmaceutical Companies
• Contract Research Organizations
• Academic & Research Institutions

mRNA Extraction and Purification Market, by region, 2023-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America mRNA Extraction and Purification Market, by Country, 2023-2031 (Value US$ Mn)
• U.S.
• Canada
Europe mRNA Extraction and Purification Market, by Country, 2023-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific mRNA Extraction and Purification Market, by Country, 2023-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America mRNA Extraction and Purification Market, by Country, 2023-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa mRNA Extraction and Purification Market, by Country, 2023-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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This release was published on openPR.