U.S (New York) – New research study titled “Nucleic Acid Isolation and Purification Market” for the year 2023, encompassing various aspects such as industry size, market share, growth analysis, segmentation, leading manufacturers and innovations, key trends, market drivers, restraints, regulatory framework, distribution methods, opportunities, strategies, potential roadmap, and annual forecasts until 2031. The primary objective of this market research study is to thoroughly examine the industry, enabling businesses to gain comprehensive insights into the sector and its economic potential. By leveraging accurate statistical research data provided by Report Ocean 2023 to 2031, your business can experience accelerated growth.
Nucleic Acid Isolation & Purification Market is valued approximately USD 2.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.9 % over the forecast period 2020-2027. Nucleic acid isolation and purification is the molecular biology techniques such as the sequencing, polymerase chain reaction, cloning, and so on. Nucleic acid isolation and purification are used in various applications such as life science research, genetic engineering, molecular diagnostics and forensics. Nucleic acid isolation and purification is used for infectious disease research, thus highly demanded for the recent COVID-19 pandemic crisis.
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The increasing R&D activities, rising technological advancements and automation encourages the growth of Nucleic Acid Isolation & Purification Market. For instance: as per the Ministry of Science & Technology Government of India, the Gross expenditure on R&D (GERD) in the India has been consistently increasing over the years and has nearly tripled from Rs. 39,437.77 crores (USD 5.2 billion) in 2007- 08 to Rs. 1,13,825.03 crores (USD 15.02 billion) in 2017-18. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market.
For instance: on 07th January 2019, German-based Qiagen N.V. launched QIAcube Connect, a next generation with complete automation for nucleic acid extraction and purification for sample processing in research labs. However, high cost of automated instruments is the major factor restraining the growth of global Nucleic Acid Isolation & Purification market during the forecast period.
The regional analysis of global Nucleic Acid Isolation & Purification Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the significant R&D spending in biotechnology and pharmaceutical companies, technological advancements, and government support. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Major market player included in this report are:
Qiagen N.V.
Thermo Fisher Scientific
F. Hoffman-La Roche AG
Promega Corporation
Agilent Technologies
Bio-Rad Laboratories
Danaher Corporation
GE Healthcare
Illumina, Inc.
Merck KGAA
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By Product:
Kits
Reagents
Instruments
By Method:
Column-based Isolation and Purification
Magnetic Bead-based Isolation and Purification
Reagent-based Isolation and Purification
Other
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
Others
By Application:
Diagnostics
Drug Discovery & Development
Personalized Medicine
Agriculture & Animal Research
Others
By End-User:
Hospitals & Diagnostic Centers
Academic & Government Research Institutes
Pharmaceutical & Biotechnology Companies
Contract Research Organizations
Others
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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