Global Nucleic Acid Isolation and Purification Market - GLOBAL:2021

Market Report Coverage :
Start Year : 2021 - Forecast Year : 2031 - Start Value : $2,500.1 Million in 2021 - Forecast Value : $5,010.3 Million by 2031 - CAGR % : 0.07%
Description :
Market Report Coverage - Nucleic Acid Isolation and Purification

Market Segmentation

• Product Type- Instruments and Consumables (Kits and Reagents)
• End User – Academic Research Institutes and Laboratories, Pharmaceutical and Biotechnology Companies, Contract Research Organizations, Applied Testing, Clinical Diagnostic Centers

Regional Segmentation

• North America – U.S., Canada
• Europe, Middle East & Africa (EMEA)
• Asia-Pacific – China, Japan, and Rest-of-Asia-Pacific (RoAPAC)
• Latin America (LATAM)

Market Growth Drivers

• Growing Number of Genetic Tests
• Increasing Demand for Reliable Next-Generation Sequencing (NGS) Results
• Rise in the Prevalence of Infectious Disease
• Rise in the Field of Microbial Sequencing
• Increasing Research Funding in the Field of Molecular Biology
• Increase in Awareness and Acceptance of Personalized Medicines on a Global Level
• Decreasing Cost of Sequencing

Market Challenges

• Genomic Data Protection
• High Cost of Automated Instruments
• Rigid Regulatory Standards

Market Opportunities

• Evolution of Biobanking in Healthcare
• Capitalizing on the High Prevalence of Genetic Disorders
• Growth in Emerging Nations
• Massive Scope for Adoption of NGS-based Genetic Tests in Emerging Markets

Key Companies Profiled

Agilent Technologies, Inc., Analytik Jena AG, AutoGen, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche AG, Illumina, Inc., Merck KGaA, Meridian Bioscience, Inc., Macherey-Nagel GmbH & Co KG, New England Biolabs, Inc, Norgen Biotek Corp., Omega Bio-tek, Inc., Orasure Technologies, Inc., PerkinElmer, Inc., Promega Corporation, QIAGEN N.V., Sage Science, Inc., Tecan Group, ThermoFisher Scientific Inc., Zymo Research

Key Questions Answered in this Report:

• What are the major market drivers, challenges, and opportunities in the global nucleic acid isolation and purification market?
• What are the key development strategies which are being implemented by major players in order to sustain in the competitive market?
• How each segment of the market is expected to grow during the forecast period from 2020 to 2031 based on
o Product type: instrument and consumables (kits and reagents)
o End User: academic research institutes, pharmaceutical and biotechnology companies, applied testing, contract research organizations, and clinical diagnostic centers
o Region: North America, EMEA, Asia-Pacific, and Latin America
• Which are the leading players with significant offerings to the global nucleic acid isolation and purification market? What is the expected market dominance for each of these leading players?
• Which companies are anticipated to be highly disruptive in the future and why?
• What are the challenges in the nucleic acid isolation and purification market?

Market Overview

BIS Research healthcare experts have found the nucleic acid isolation and purification market to be one of the growing markets, which is predicted to grow at a CAGR of 7.20% during the forecast period, 2021-2031. The nucleic acid isolation and purification market growth has been primarily attributed to the major drivers in this market, such as growing number of genetic tests, increasing demand for reliable next-generation sequencing (NGS) results, rise in the prevalence of infectious diseases, increasing research funding in the field of molecular biology, and increase in awareness and acceptance of personalized medicine on a global level. However, genomic data protection, high cost of automated instruments, and rigid regulatory standards are some of the factors expected to retrain the market growth.

The market is favored by the increased research activities based on next-generation sequencing-based technologies. The consumable segment has been segmented to into DNA and RNA sample type, among which RNA sample type is expected to growth at a highest CAGR of 7.70% during the forecast period 2021-2031. This increase is mainly attributed to the large number of research and development being conducted due to the COVID-19 pandemic, specifically considering viral RNA sample.

Within the research report, the market is segmented on the basis of product type, end users, and region. The kits segment is further segment into DNA and RNA, to gain holistic view of the industry. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the downstream application such as next-generation sequencing, polymerase chain reaction, and other techniques used for COVID-19 testing on the global level has created a buzz among companies to invest in the development of extraction RNA free severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) tests. Due to technologically advanced solutions and intense market penetration, companies such as Qiagen N.V., Promega Corporation, and Thermo Fisher Scientific, Inc. have been a pioneer and a significant competitor in this market.

Other key players in the market are Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., F.Hoffmann-La Roche AG, Illumina, Inc., General Electric Company (GE), and New England Biolabs, among others.

With the increasing demand for complex and custom sequencing techniques, rising genetic testing services, and growing research to treat and diagnose genetic and infectious diseases, companies have the opportunity to expand their product portfolios, increasing automation facilitation, and develop novel techniques for nucleic acid extraction by adopting different strategic approaches. Some of the strategies followed by the contributors are new product launches and enhancements, agreements, collaborations, partnerships, acquisitions, and expansions. For instance, in 2020, Promega Corporation has launched Wizard HMW DNA Extraction Kit for researchers working with large fragments of genomic DNA, which enables researchers to obtain DNA that will provide strong performance in long-read sequencing applications in a 90-minute manual protocol.

The nucleic acid isolation and purification market has immensely propelled by nationwide sequencing activities, focusing on generating large genomic libraries for research and development purpose. For instance, Illumina, Inc. has invested $60.0 million in sequencing capabilities to a global pathogen genomics initiative, in partnership with the Bill & Melinda Gates Foundation and other public and private entities. Under the contract, Illumina, Inc. will donate next-generation sequencing (NGS) platforms, reagents, and training support worth approximately US $60 million over five years.
Countries Covered :
North America
U.S.
Canada
Europe, Middle East & Africa (EMEA)
Asia-Pacific
China
Japan
Rest-of-APAC
Latin America (LATAM)
Keywords :
Nucleic Acid Isolation and Purification Market, Nucleic Acid Isolation and Purification Industry, Nucleic Acid Isolation and Purification Report, Nucleic Acid Isolation and Purification Market Forecasts, Nucleic Acid Isolation and Purification Market Trends, Nucleic Acid Isolation and Purification Market Companies, Nucleic Acid Isolation and Purification Market Analysis, Nucleic Acid Isolation and Purification Industry Analysis, What is Nucleic Acid Isolation and Purification, Nucleic Acid Isolation and Purification Definition, Nucleic Acid Isolation and Purification Market Competitive Landscape, Nucleic Acid Isolation and Purification Market Drivers, Nucleic Acid Isolation and Purification Market Segments, Nucleic Acid Isolation and Purification Market Outlook, Nucleic Acid Isolation and Purification Market Opportunity, Nucleic Acid Isolation and Purification Market Growth, Nucleic Acid Isolation and Purification Market Share, Nucleic Acid Isolation and Purification Market Size, Nucleic Acid Isolation and Purification Market by Product, Nucleic Acid Isolation and Purification Market by End User, Nucleic Acid Isolation and Purification Market by Source Type, Nucleic Acid Isolation and Purification Market by Technology, Nucleic Acid Isolation and Purification Market by Downstream Applications, Nucleic Acid Isolation and Purification Market by Region, Nucleic Acid Isolation and Purification Market By Workflow, Nucleic Acid Isolation and Purification Market By Analyte, Nucleic Acid Isolation and Purification Market By Sample, Nucleic Acid Isolation and Purification Market By Application, Consumables Nucleic Acid Isolation and Purification Market, Kits Nucleic Acid Isolation and Purification Market, Reagents Nucleic Acid Isolation and Purification Market, Instruments Nucleic Acid Isolation and Purification Market, Sample Isolation Nucleic Acid Isolation and Purification Market, DNA/RNA Clean-Up and Concentration Nucleic Acid Isolation and Purification Market, DNA and RNA Quantification Nucleic Acid Isolation and Purification Market, DNA Nucleic Acid Isolation and Purification Market, RNA Nucleic Acid Isolation and Purification Market, Cell-Free Nucleic Acid Isolation and Purification Market, Blood Nucleic Acid Isolation and Purification Market, Serum/Plasma Nucleic Acid Isolation and Purification Market, Parental and Hereditary Testing Nucleic Acid Isolation and Purification Market, Tumor Testing Nucleic Acid Isolation and Purification Market, Transplantation Nucleic Acid Isolation and Purification Market, Genomic Nucleic Acid Isolation and Purification Market, Blood Nucleic Acid Isolation and Purification Market, Body Fluids Nucleic Acid Isolation and Purification Market, Buccal Nucleic Acid Isolation and Purification Market, Cell/Cultured Cell Nucleic Acid Isolation and Purification Market, FFPE Nucleic Acid Isolation and Purification Market, Forensic Nucleic Acid Isolation and Purification Market, Plant Nucleic Acid Isolation and Purification Market, Saliva/Swab Nucleic Acid Isolation and Purification Market, Serum/Plasma Nucleic Acid Isolation and Purification Market, Tissue Nucleic Acid Isolation and Purification Market, Stool, Urine, and Other Samples Nucleic Acid Isolation and Purification Market, Microbe Nucleic Acid Isolation and Purification Market, Bacterial Nucleic Acid Isolation and Purification Market, Fungus Nucleic Acid Isolation and Purification Market, Yeast Nucleic Acid Isolation and Purification Market, Plasmid Nucleic Acid Isolation and Purification Market, GigaPrep Nucleic Acid Isolation and Purification Market, MaxiPrep Nucleic Acid Isolation and Purification Market, MegaPrep Nucleic Acid Isolation and Purification Market, MidiPrep Nucleic Acid Isolation and Purification Market, MiniPrep Nucleic Acid Isolation and Purification Market, Viral Nucleic Acid Isolation and Purification Market, Genomic RNA Nucleic Acid Isolation and Purification Market, Microbial RNA Nucleic Acid Isolation and Purification Market, Viral RNA Nucleic Acid Isolation and Purification Market, Silica-Based Nucleic Acid Isolation and Purification Market, Magnetic Particle Technology Nucleic Acid Isolation and Purification Market, PCR Nucleic Acid Isolation and Purification Market, qPCR Nucleic Acid Isolation and Purification Market, NGS Nucleic Acid Isolation and Purification Market, Cloning Nucleic Acid Isolation and Purification Market, Microarray Nucleic Acid Isolation and Purification Market, Blotting Techniques Nucleic Acid Isolation and Purification Market, Academic Research Institutes and Laboratories Nucleic Acid Isolation and Purification Market, Pharmaceutical and Biotechnology Companies Nucleic Acid Isolation and Purification Market, Contract Research Organizations Nucleic Acid Isolation and Purification Market, Applied Testing Nucleic Acid Isolation and Purification Market, Clinical Diagnostic Centers Nucleic Acid Isolation and Purification Market, North America Nucleic Acid Isolation and Purification Market, Europe, Middle East & Africa Nucleic Acid Isolation and Purification Market, Latin America Nucleic Acid Isolation and Purification Market, Asia-Pacific Nucleic Acid Isolation and Purification Market
Press Release :
Nucleic acid extraction is a crucial part of genetic testing as it provides the starting material for any genetic analysis, and considerable leaps have been achieved in providing protocols to deliver nucleic acid of the highest quality for further genetic research. Moreover, it offers massive diagnostic and research utility in terms of diseases, which ranges from adult rare diseases to genetic screening of new-borns.

Nucleic acid extraction is an emerging technique to assess different alterations in genes leading to diseases progression and personalized therapy development. It aids research professionals to understand various genes linked with specific diseases, thereby offering specific treatment for patients. The rise in the discovery of genes associated with genetic diseases coupled with the rise in the number of laboratories offering genetic tests is anticipated to enhance research in the disease diagnostic and personalized medicine segment. This is likely to support associated steps involved, particularly nucleic acid isolation, in the upcoming years.

The enhancement in the overall genomic research provides an opportunity for several companies to step in and offer innovative products in the market. The emergence of automated nucleic acid extraction can be considered an evident example of emerging technological development, which can aid in the fight against genetic diseases.

The BIS Research report on the nucleic acid isolation and purification market is primarily segmented on the basis of product types (instrument and consumables). The instrument market is further segmented on the basis of workflow (isolation/extraction/purification, quality control), by technology (spin column and bead-based), by throughput (low, medium, and high), by end user, and by region.

This consumables segment has been further classified based on product type (kits and reagents), by workflow (isolation/extraction/purification, DNA/RNA clean-up and concentration, and DNA and RNA quantification), by analyte (DNA, and RNA), by source type, by technology (silica-based, bead-based, and others), by end user (academic institutes, pharmaceutical, and biotechnology companies.), and by region.

According to the latest report by BIS Research, titled ‘Global Nucleic Acid Isolation and Purification Market - Analysis and Forecast (2021-2031)’, the nucleic acid isolation and purification market is projected to reach $5,010.3 million by 2031 from $2,304.7 million in 2020, at a CAGR of 7.20%.

Companies Mentioned in the Report:

• Agilent Technologies, Inc.
• Analytik Jena AG
• AutoGen, Inc.
• Bio-Rad Laboratories, Inc.
• F. Hoffmann-La Roche AG
• Illumina, Inc.
• Merck KGaA
• Meridian Bioscience, Inc.
• Macherey-Nagel GmbH & Co KG
• New England Biolabs, Inc
• Norgen Biotek Corp.
• Omega Bio-tek, Inc.
• Orasure Technologies, Inc.
• PerkinElmer, Inc.
• Promega Corporation
• QIAGEN N.V.
• Sage Science, Inc.
• Tecan Group
• ThermoFisher Scientific Inc.
• Zymo Research

Key Questions Answered in this Report:

• What are the major market drivers, challenges, and opportunities in the global nucleic acid isolation and purification market?
• What are the key development strategies which are being implemented by major players in order to sustain in the competitive market?
• How each segment of the market is expected to grow during the forecast period from 2020 to 2031 based on
o Product type: instrument and consumables (kits and reagents)
o End User: academic research institutes, pharmaceutical and biotechnology companies, applied testing, contract research organizations, and clinical diagnostic centers
o Region: North America, EMEA, Asia-Pacific, and Latin America
• Which are the leading players with significant offerings to the global nucleic acid isolation and purification market? What is the expected market dominance for each of these leading players?
• Which companies are anticipated to be highly disruptive in the future and why?
• What are the challenges in the nucleic acid isolation and purification market?
Companies Mentioned :
Agilent Technologies, Inc.
Analytik Jena AG
AutoGen, Inc.
Bio-Rad Laboratories, Inc.
F. Hoffmann-La Roche AG
Illumina, Inc.
Merck KGaA
Meridian Bioscience, Inc.
Macherey-Nagel GmbH & Co KG
New England Biolabs, Inc
Norgen Biotek Corp.
Omega Bio-tek, Inc.
Orasure Technologies, Inc.
PerkinElmer, Inc.
Promega Corporation
QIAGEN N.V.
Sage Science, Inc.
Tecan Group
ThermoFisher Scientific Inc.
Zymo Research
Press Release :
Nucleic acid extraction is a crucial part of genetic testing as it provides the starting material for any genetic analysis, and considerable leaps have been achieved in providing protocols to deliver nucleic acid of the highest quality for further genetic research. Moreover, it offers massive diagnostic and research utility in terms of diseases, which ranges from adult rare diseases to genetic screening of new-borns.

Nucleic acid extraction is an emerging technique to assess different alterations in genes leading to diseases progression and personalized therapy development. It aids research professionals to understand various genes linked with specific diseases, thereby offering specific treatment for patients. The rise in the discovery of genes associated with genetic diseases coupled with the rise in the number of laboratories offering genetic tests is anticipated to enhance research in the disease diagnostic and personalized medicine segment. This is likely to support associated steps involved, particularly nucleic acid isolation, in the upcoming years.

The enhancement in the overall genomic research provides an opportunity for several companies to step in and offer innovative products in the market. The emergence of automated nucleic acid extraction can be considered an evident example of emerging technological development, which can aid in the fight against genetic diseases.

The BIS Research report on the nucleic acid isolation and purification market is primarily segmented on the basis of product types (instrument and consumables). The instrument market is further segmented on the basis of workflow (isolation/extraction/purification, quality control), by technology (spin column and bead-based), by throughput (low, medium, and high), by end user, and by region.

This consumables segment has been further classified based on product type (kits and reagents), by workflow (isolation/extraction/purification, DNA/RNA clean-up and concentration, and DNA and RNA quantification), by analyte (DNA, and RNA), by source type, by technology (silica-based, bead-based, and others), by end user (academic institutes, pharmaceutical, and biotechnology companies.), and by region.

According to the latest report by BIS Research, titled ‘Global Nucleic Acid Isolation and Purification Market - Analysis and Forecast (2021-2031)’, the nucleic acid isolation and purification market is projected to reach $5,010.3 million by 2031 from $2,304.7 million in 2020, at a CAGR of 7.20%.

Companies Mentioned in the Report:

• Agilent Technologies, Inc.
• Analytik Jena AG
• AutoGen, Inc.
• Bio-Rad Laboratories, Inc.
• F. Hoffmann-La Roche AG
• Illumina, Inc.
• Merck KGaA
• Meridian Bioscience, Inc.
• Macherey-Nagel GmbH & Co KG
• New England Biolabs, Inc
• Norgen Biotek Corp.
• Omega Bio-tek, Inc.
• Orasure Technologies, Inc.
• PerkinElmer, Inc.
• Promega Corporation
• QIAGEN N.V.
• Sage Science, Inc.
• Tecan Group
• ThermoFisher Scientific Inc.
• Zymo Research

Key Questions Answered in this Report:

• What are the major market drivers, challenges, and opportunities in the global nucleic acid isolation and purification market?
• What are the key development strategies which are being implemented by major players in order to sustain in the competitive market?
• How each segment of the market is expected to grow during the forecast period from 2020 to 2031 based on
o Product type: instrument and consumables (kits and reagents)
o End User: academic research institutes, pharmaceutical and biotechnology companies, applied testing, contract research organizations, and clinical diagnostic centers
o Region: North America, EMEA, Asia-Pacific, and Latin America
• Which are the leading players with significant offerings to the global nucleic acid isolation and purification market? What is the expected market dominance for each of these leading players?
• Which companies are anticipated to be highly disruptive in the future and why?
• What are the challenges in the nucleic acid isolation and purification market?
Headline :
Global Nucleic Acid Isolation and Purification Market to Reach $5,010.3 Million by 2031
Table of Contents :
Please pick up TOC from website URL: https://bisresearch.com/industry-report/global-nucleic-acid-isolation-purification-market.html