Press release
Nucleic Acid Isolation & Purification Global Market Poised for Strengthened Growth by 2025: Opportunities, Key Players, and Trends
Nucleic Acid Isolation & Purification Market Size
The nucleic acid isolation & purification market is projected to witness significant growth in the coming years. Key figures include:
• 2024 Market Size: $6.03 billion
• 2025 Market Size: $6.62 billion (CAGR of 9.9%)
• 2029 Market Size: $10.45 billion (CAGR of 12.1%)
Factors driving growth in the historical period include genomic research advancements, emergence of molecular diagnostics, and growth of the biotechnology industry. Going forward, research collaborations and funding, automation and high-throughput solutions, and demand for point-of-care testing are expected to further escalate market growth.
What Is Driving The Growth In The Nucleic Acid Isolation & Purification Global Market?
The rise of personalized medicine is a prominent driver of growth in the nucleic acid isolation and purification market. Personalized medicine enables doctors to create individualized treatment plans and make decisions based on genetic understanding of a patient's disease. The application of nucleic acid isolation and purification is instrumental for sequencing, cloning, polymerase chain reaction, and others to identify disease roots and prescribe specific precision medicine. For instance, in 2023, the FDA approved 16 new personalized treatments for rare diseases, a significant increase from six in 2022. As such, the development of personalized medicine is expected to significantly stimulate the nucleic acid isolation and purification market in the forecast period.
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Who Are the Key Players Driving Nucleic Acid Isolation & Purification Global Market Growth?
• Thermo Fisher Scientific Inc.
• Illumina Inc.
• F. Hoffmann-La Roche AG
• Merck KGaA
• Agilent Technologies Inc.
• Bio-Rad Laboratories Inc.
• Takara Bio Inc.
• Promega Corporation
• New England Biolabs
• Norgen Biotek Corporation
• AutoGen Inc.
• MagGenome
• Zymo Research
• LGC Limited
• Biogenuix
• PCR Biosystems Inc.
• Abcam plc.
• PerkinElmer Inc.
• GE Healthcare
• QIAGEN
• Danaher Corporation
• Bioline
• Biotechrabbit
• BioWORLD
• Epicentre
• Hamilton
• Omega Bio-tek
• Sigma-Aldrich
• FavorGen Biotech Corp
• TIANGEN Biotech Co Ltd.
What Are The Key Trends In The Nucleic Acid Isolation & Purification Global Market?
Key market trends expected to influence market growth include:
• Sustainability in bioprocessing
• Emphasis on automation
• Adoption of next-generation sequencing
• Advancements in genomic research
• Emergence of personalized medicine
What Are The Segments Of The Nucleic Acid Isolation & Purification Global Market?
1) By Type: Plasmid DNA Isolation And Purification, Total RNA Isolation And Purification, Circulating Nucleic Acid Isolation And Purification, Genomic DNA Isolation And Purification, Messenger RNA Isolation And Purification, microRNA Isolation And Purification, PCR Cleanup, Other Nucleic Acid Isolation And Purification Types
2) By Method: Column-Based Isolation And Purification, Magnetic Bead-Based Isolation And Purification, Reagent-Based Isolation And Purification, Other Isolation And Purification Methods
3) By Application: Diagnostics, Drug Discovery And Development, Personalized Medicine, Agriculture And Animal Research, Other Applications
4) By End-User: Academic And Research Institutions, Biopharmaceutical And Biotechnological, Companies, Contract Research Organizations, Applied Testing, Clinical Diagnostic Centers, Other End Users
Which Region Leads The Nucleic Acid Isolation & Purification Global Market?
North America was the largest region in the global nucleic acid isolation & purification market in 2024, while Asia-Pacific is anticipated to be the fastest-growing region in the forecast period. Other regions covered in the market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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Market Report Coverage:
- Market Size Analysis: Analyze the Nucleic Acid Isolation & Purification Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Nucleic Acid Isolation & Purification Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Nucleic Acid Isolation & Purification Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Nucleic Acid Isolation & Purification Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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