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Nucleic Acid Labeling Market Landscape 2025: Forecast Data and Growth Strategy Insights
Nucleic Acid Labeling
What Is the Expected CAGR for the Nucleic Acid Labeling Market Through 2025?
The dimension of the nucleic acid labeling market has seen a significant upswing in the past few years. The market, which stood at $2.56 billion in 2024, is predicted to escalate to $2.77 billion in 2025, registering a compound annual growth rate (CAGR) of 8.2%. The surge observed in the historical phase can be linked to factors such as heightened healthcare spending, a rise in research & development expenditure, amplified genomic investigation and disease diagnosis, an augmented demand for custom-made medicine, and healthcare infrastructure development.
What's the Projected Size of the Global Nucleic Acid Labeling Market by 2029?
Expectations are high for the nucleic acid labeling market to experience substantial growth in the coming years. By 2029, the market is projected to expand to $4.01 billion, with a compounded annual growth rate (CAGR) of 9.7%. This anticipated growth can be linked to various factors such as individuals' increased health consciousness, the expanding influence of key international players, a rising emphasis on patient-centric approaches, the blooming biotechnology industry, and increased utilization of DNA sequencing. The forecast period is also expected to observe significant trends such as improved synthetic biology tools, advances in labeling methods, the creation of novel labeling techniques, innovative fluorescent dyes, and the incorporation of fresh labeling tech in research and therapeutics.
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Top Growth Drivers in the Nucleic Acid Labeling Industry: What's Accelerating the Market?
The escalation in infectious diseases is anticipated to drive the expansion of the nucleic acid labeling market. Infectious diseases result from organisms, typically microscopic, including parasites, fungi, viruses, and bacteria; these can be transferred from one person to another by indirect or direct contact. Nucleic acid labeling methods offer enhanced specificity, sensitivity, multiplexing capability, visualization, real-time monitoring, and automation for the identification of infectious diseases such as tuberculosis, hepatitis, and gonorrhea. For example, the Centers for Disease Control and Prevention, an American national public health firm, reported that in March 2023, 8,300 cases of tuberculosis (TB) were registered in 2022 in the United States, an increase from 7,874 cases in 2021. Additionally, there was a slight upswing in tuberculosis (TB) incidence in 2022 (2.5 incidents per 100,000 people). Consequently, the escalation in infectious diseases fuels the expansion of the nucleic acid labeling market.
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What Trends Will Shape the Nucleic Acid Labeling Market Through 2029 and Beyond?
The rise of technological innovations is a critical trend that is making a significant impact in the nucleic acid labeling market. Key players in this market are leveraging advancements in nanotechnology to maintain their market position. An example of this occurred in January 2023 when Cambridge Nucleomics, a UK-based biotech firm, introduced a novel technology known as nano bait. This technology is applied in diagnosing highly multiplexed detection of nucleic acid markers produced by respiratory pathogens and delivers a quicker solution for detecting viral RNA than other methods.
What Are the Main Segments in the Nucleic Acid Labeling Market?
The nucleic acid labeling market covered in this report is segmented -
1) By Product Type: Kits, Reagents, Instruments
2) By Labeling Type: Radioisotope Or Radioactive Labels, Non-Radioactive Labels
3) By Method: Enzyme-Based, Chemical-Based
4) By Application: DNA Sequencing, Polymerase Chain Reaction, Fluorescence In Situ Hybridization (FISH), Microarrays, Blotting, In Situ Hybridization, Other Applications
5) By End User: Hospitals Or Clinics, Diagnostic Centers, Other End Users
Subsegments:
1) By Kits: DNA Labeling Kits, RNA Labeling Kits, Multiplex Labeling Kits
2) By Reagents: Labeling Reagents, Buffer Solutions, Conjugation Reagents
3) By Instruments: Nucleic Acid Analyzers, Microarray Processors, Imaging Systems
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Which Top Companies are Driving Growth in the Nucleic Acid Labeling Market?
Major companies operating in the nucleic acid labeling market include General Electric Company, F. Hoffman-La Roche AG, Thermo Fisher Scientific Inc., Merck Group, Roche Diagnostics Corporation, GE Healthcare Bio Sciences AB, Agilent Technologies Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., Cytiva, Qiagen N.V., Biotium Inc., Illumina Inc., LGC Group, Promega Corporation, New England Biolabs, Enzo Biochem Inc., LI-COR Biosciences Inc., Eurogentec S.A., OriGene Technologies Inc., BaseClear B.V., Vector Laboratories Inc., Bio-Synthesis Inc., BioCat GmbH, Jena Bioscience GmbH, LubioScience GmbH, GeneCopoeia Inc., Mirus Bio LLC, Daicel Arbor Biosciences.
Which Regions Will Dominate the Nucleic Acid Labeling Market Through 2029?
North America was the largest region in the nucleic acid labeling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nucleic acid labeling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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