Nucleic Acid Isolation and Purification Market to Witness Double Digit CAGR by 2024

Global Nucleic Acid Isolation and Purification Market: Overview

Nucleic acid isolation and purification is a method of the molecular biology techniques such as the sequencing, cloning, polymerase chain reaction, and so on. These techniques are widely used in the various verticals such as life science research, genetic engineering, molecular diagnostics and forensics. The nucleic acid isolation minimizes the nucleic acid loss, helps in processing the samples in minimum time and increases the effectiveness and the efficiency of the laboratory. In addition, it helps in the purification of the nucleic acid. Magnetic bead-based, reagent-based, column-based, and others are some of the vital technologies that are used in the nucleic acid isolation and purification.

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Global Nucleic Acid Isolation and Purification Market: Segmentation

The global nucleic acid isolation and purification market are segmented into its type, product, application, end user and geography. On the basis of the type, the global market is segregated into column-based purification and isolation, reagent-based purification and isolation, magnetic bead-based purification and isolation and other technologies. Based on the product, the global nucleic acid isolation and purification market are categorized into kits, reagents and instruments. On the basis of application, the global market is divided into genomic DNA purification and isolation, messenger RNA purification and isolation, plasmid DNA purification and isolation, blood DNA purification and isolation, microRNA purification and isolation, PCR cleanup, total RNA purification and isolation and other applications. By the end user, the global nucleic acid isolation and purification market are categorized into pharmaceutical and biotechnology companies, hospitals and diagnostic centers, academic research institutes, contract research organizations and other end users. On the basis of the region, the global market is diversified into Asia Pacific, North America, Europe and Rest of the World.

Global Nucleic Acid Isolation and Purification Market: Growth Factors

The pharmaceutical and biotechnological industries have a great demand for pure nucleic acids, which is triggering the growth of the global nucleic acid isolation and purification market. The nucleic acids are also used in the tests for the diagnosis, which is also one of the factors that are driving the global market growth. They are used in different applications such as genetic engineering, forensics, life science research and molecular diagnostics. The government is also making investments in the research and development work and technological innovations, which is positively contributing to the global nucleic acid isolation and purification market growth. There have been new developments in the molecular diagnostics, genotyping and the expression analysis, which in turn has created new opportunities in the global market. The recent new trend in the global market is the development of new products, partnerships and mergers and acquisitions. However, in the developing countries there is low market penetration for the purification procedures and the isolation of the automated nucleic acid, which acts as a restraining factor in the market growth. Likewise, the high price of the instruments related to these procedures acts as a challenge to the growth of the global market.

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Global Nucleic Acid Isolation and Purification Market: Regional Analysis

The region that dominates the global nucleic acid isolation and purification market is the North America followed by Europe. The Asia Pacific market is the favorable market for the growth of the nucleic acid isolation and purification market owing to its emerging economies. The market in this region is very easy to penetrate and assures a bright future especially in the countries such as China and India. Hence, the global market players are investing more in the Asia Pacific region.

Global Nucleic Acid Isolation and Purification Market: Competitive Players

The key players in the global nucleic acid isolation and purification market are Thermo Fisher Scientific, Inc., Agilent Technologies Inc., Takara Bio, Inc., General Electric Company, Danaher Corporation, QIAGEN N.V., Sigma-Aldrich Co. LLC, Illumina, Inc., Promega Corporation, F. Hoffmann-La Roche AG and Bio-Rad Laboratories.

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Global Nucleic Acid Isolation and Purification Market: Regional Segment Analysis

North America
U.S.
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

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