Press release
Global Nucleic Acid Extractors Market Size & Share, Growth, Trends, and Forecast 2017 - 2025
The objectives of this study are as follows:
To define, describe, and forecast the "Nucleic Acid Extractors" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Nucleic acids are one of several macromolecules found in the body in addition to fats, proteins, and carbohydrates. A nucleic acid is a polymer composed of four nucleotides linked together in a long chain known as polynucleotide. A nucleic acid consists of DNA, RNA, and protein. Nucleic acid extraction and purification is widely used in next generation sequencing, nucleic acid library preparation, gene therapy research and various other areas such as plant and animal tissue culture. Genome analysis in cloning, drug discovery, disease diagnosis, and stem cell research has increased considerably in the recent past. Increased research and developmental activities undertaken by pharmaceutical companies have resulted in the launch of better biological drugs.
The rising demand for pure nucleic acids in pharmaceutical and biotechnological industries and growing use of nucleic acid-based tests in diagnosis have propelled the growth of this market across the globe. Increasing applications of these techniques in various fields such as genetic engineering, life science research, forensics and molecular diagnostics, and government funding in R&D, and recent technological innovations are expected to fuel the growth of this market. Oncology, neurological diseases, and autoimmune diseases have been key focus areas in personalized medicine. According to Cancer Research U.K., over 14 million adults were diagnosed with some type of cancer in 2012 globally. The data further states that more than 8 million mortalities were recorded in 2012 due to cancer. Such high prevalence of cancer has demanded better therapeutic alternatives with fewer side effects. Autoimmune diseases are another major concern, as scientists have been unsuccessful in finding cure for these diseases. According to American Autoimmune Related Diseases Association, Inc., in the U.S., over 23 million individuals suffer from autoimmune disease.
The nucleic acid extractors market is segmented by product type, application, end user, and geography. Based on product, the market is segmented into semi-automatic nucleic acid extractors and fully-automatic nucleic acid extractors. Based on application, the market is segmented into genomic DNA extraction, blood DNA extraction, RNA extraction, and plasmid DNA extraction. Based on end user, the segmentation includes academic research, hospitals and diagnostic centers, pharmaceutical and biotechnology companies, contract research organizations, and other.
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Based on geography, the global nucleic acid extractors market is segmented into five regions, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2016, owing to the large academic and pharmaceutical customer base. Various pharmaceutical giants have their research facilities in the U.S. Some of these include Novartis, GSK, Pfizer, Bristol-Myers Squibb, and Ionis Pharmaceuticals. Europe is expected to be the second largest market in terms of revenue and the market is expected to grow during the forecast period due to rapid economic development and increase in health care expenditure in this region. Asia Pacific is expected to register high growth during 2017-2025, due to factors such as increasing R&D expenditure and technological advancements in countries in the region. In Middle East & Africa, and Latin America, healthcare projects and growing economies drives the market of nucleic acid extractors.
Some of the key players operating in the global nucleic acid extractors market include ELITechGroup, Analytik Jena AG, AUTOGEN Inc., Bio-Rad Laboratories, Inc., Hamilton Company, Promega Corporation, and TBG Diagnostics Limited.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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