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The global nucleic acid isolation & purification market size was US$ 6,331.6 million in 2021. The global nucleic acid isolation and purification market size is forecast to reach US$ 12,241.2 million by 2030, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2022 to 2030.
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For the spread of medical applications such as research, medication discovery, and others, nucleic acid isolation and purification are crucial. Numerous sources, including hair, bones, blood, saliva, sperm, nails, and urine, are accessible to purify and isolate nucleic acid. These methods are widely used in many fields, including forensics, gene splicing, molecular diagnostics, and bioscience research. The laboratory is more effective and efficient due to nucleic acid isolation, which also helps to minimize nucleic acid loss and process samples quickly.
Factors Influencing Market Growth
• The rising R&D efforts in the genomic field, technological advancements, and automation drive the global market.
• The increased cost of automated devices may slow down the overall market report.
• The increasing demand from the pharmaceutical sector boosts the global market growth.
• The advances in regulatory and reimbursement scenarios and the rising adoption of molecular diagnostics and personalized medicines are forecast to offer lucrative opportunities for the global market.
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global market. Globally, scientists and businesses were concentrating on creating particular tests and kits for the detection of SARS-CoV-2. Many manufacturers made crucial efforts to increase patient access to COVID-19 diagnostic testing, vaccine and drug research, and other testing facilities around the nation to inform patient care and safeguard public health has significantly increased the demand for the global market. In order to better understand the dynamics of the infection, the research was being broadened, which is forecast to advance the nucleic acid isolation and purification industry.
Regional Analysis
North America accounted for a substantial market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the existence of established companies and their steps to create technologically improved quick purification and isolation devices. In addition, growing financing initiatives for biotechnology research boost the region’s market growth.
The Asia Pacific region is forecast to have considerable growth during the forecast period. As a result of the economic development, comprehensive research in life sciences, increasing patient population, supporting government initiatives, and the existence of various innovative biotech companies in the region.
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Leading Competitors
The leading prominent companies profiled in the global nucleic acid isolation & purification market are:
• Promega Corporation
• New England Biolabs
• LGC Limited
• Abcam plc
• Norgen Biotek Corp
• AutoGen, Inc.
• Biogenuix
• PCR Biosystems, Inc.
• MagGenome
• Apical Scientific Sdn. Bhd
• Macherey-Nagel GmbH & Co. Kg
• Other Prominent Players
Scope of the Report
The global nucleic acid isolation & purification market segmentation focuses on Product, Type, Application, End-User, Method, and Region.
Segmentation based on Product
• Kits
• Reagents
• Instruments
Segmentation based on 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
Segmentation based on Application
• Diagnostics
• Drug Discovery & Development
• Personalized Medicine
• Agriculture & Animal Research
• Other
Segmentation based on End-User
• Hospitals & Diagnostic Centers
• Academic & Government Research Institutes
• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations
• Others
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Segmentation based on Method
• Column-based Isolation and Purification
• Magnetic Bead-based Isolation and Purification
• Reagent-based Isolation and Purification
• Others
Segmentation based on Region
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America
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Meta Title: Nucleic Acid Isolation & Purification Market Size, Share, Insight and Forecast 2022 to 2030
Meta Description: Global Nucleic Acid Isolation & Purification Market is projected to reach US$ 12,241.2 million by the end of 2030 from US$ 6,331.6 million in 2021, at a CAGR of 7.6%
Meta Keywords: nucleic acid isolation & purification market Size, nucleic acid isolation & purification market share, nucleic acid isolation & purification market trend, nucleic acid isolation & purification market Forecast, nucleic acid isolation & purification market insight
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