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Magnetic Bead-based Nucleic Acid Extraction Market Report 2017-2025: by Product Type, End User, by Geography and Company Profile
Magnetic Bead Based Nucleic Acid Extraction Market
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The global magnetic bead-based nucleic acid extraction market is expected to witness a favorable growth during the forecast period. Increasing adoption of magnetic beads for the isolation of nucleic acids, technological advancements in magnetic bead based nucleic acid methods, availability of bench top systems, and huge amount of investments in research and development from pharmaceutical companies are some of the primary factors driving the growth of the global magnetic bead-based nucleic acid extraction market. Moreover, increasing government investments in the field of life sciences is further contributing to the growth of the global magnetic bead-based nucleic acid extraction market. However, the extraction of intact RNA with high yield and purity is one of the major challenges hindering the growth of the global magnetic bead-based nucleic acid extraction market.
Based on product type, the semi-automated magnetic bead-based kits market is expected to be the most promising segment during the forecast period. This can be primarily attributed to the ongoing innovations in the segment along with the new product launches in the market.
Regionally, the global magnetic bead-based nucleic acid extraction market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to lead the global market due high adoption of advanced products and increasing investments in research and development activities in the region. However, the magnetic bead-based nucleic acid extraction market in the Asia-Pacific region is expected to witness significant growth rate over the forecast period.
Some of the players operating in the global magnetic bead-based nucleic acid extraction market are Thermo Fisher Scientific, Hamilton Company, Roche, Takara Bio USA, Creative Diagnostics, Tecan, Milan Analytica AG, Axygen, Inc. (A Corning Subsidiary), Analytik Jena AG, PerkinElmer Chemagen Technologie GmbH, Bioneer Corporation, Diagenode S.A., DiaSorin S.p.A., Covaris, Inc., AI Biosciences, Inc., Innosieve Diagnostics, QuanDx, Precision System Science Co., Ltd., Zymo Research, Isogen Life Science, TBG Diagnostics Limited, Geneaid Biotech Ltd, Aurora Biomed, and Primerdesign Ltd, among others.
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These players are highly focused on providing novel beads based DNA extraction and purification kits for rapid and reliable isolation of DNA, which is set to further stimulate the growth of the global magnetic bead-based nucleic acid extraction market. For instance, in March 2017, Roche introduced the MagNA Pure 24 System for the extraction and purification of nucleic acids. This is an advanced instrument that is designed to extract nucleic acids from a range of human samples through a single reagent kit. Likewise, in March 2013, Aurora Biomed launched the VERSA 10 Nucleic Acid Purification Workstation. It is one of the smallest automated liquid handling workstation in the market that helps researchers to conduct large projects in limited space. Thus, innovation is set to drive the demand for automated magnetic bead-based nucleic acid instruments.
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