Nucleic Acid Isolation and Purification Market 2022 Estimated To Record Highest Cagr By 2030
The new study report titled “Nucleic Acid Isolation and Purification Market Share, Size, Trends, Industry Analysis Report, By Product (Kits & Reagents, Instruments); By Type; By Method (Column-based, Magnetic Beads, Reagent-based, Others); By Application (Precision Medicine, Diagnostics, Drug Discovery & Development, Agriculture and Animal Research, Others); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.Development in personalized medicine is contributing to the market growth. Next-generation sequencing is becoming popular in tumor biopsies. Liquid biopsies are considered an attractive option in cancer diagnostics since it employs routine and straightforward tests that can detect cancer at very early stages.
“According to the research report published by Polaris Market Research, the global nucleic acid isolation and purification market was valued at USD 4.17 billion in 2020 and is expected to grow at a CAGR of 11.0% during the forecast period.”
Collaboration and agreements between small and big companies in the market are driving the nucleic acid isolating and purification market forward. For instance, in March 2020, the U.S.-based Zymo Research and Tecan signed a partnership agreement to introduce ready-to-use products which can streamline nucleic acid extraction from COVID-19 samples. Its new DreamPrep NAP workstation helped labs to effectively and rapidly scale up several tests being performed in a given time, consequently helping in mitigating the virus infection.
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Development in personalized medicine is contributing to the market growth. Next-generation sequencing is becoming popular in tumor biopsies. Liquid biopsies are considered an attractive option in cancer diagnostics since it employs routine and straightforward tests that can detect cancer at very early stages. Pre-diagnosis of tumors is one of the biggest challenges, and next-generation sequencing can play an important role in effectively tackling it. Hence, the rise in the use of NGS services is projected to impact the adoption of nucleic acid isolation and purification technologies directly.
Top Market Players
• Agilent Technologies
• Abcam plc
• Apical Scientific
• AutoGen Inc.
• Bio-Rad Laboratories Inc.
• Illumina Inc.
• LGC Limited
• MACHEREY-NAGEL GmbH
• Merck KgaA
• Norgen Biotek Corp
• Takara Bio Inc.
• New England Biolabs
• PCR Biosystems Inc.
• Promega Corporation
• Thermo Fisher Scientific Inc
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Polaris Market Research has segmented the nucleic acid isolation and purification market report on the basis of product, type, method, application, and region:
Nucleic Acid Isolation and Purification, Product Outlook (Revenue – USD Million, 2016 – 2028)
• Kits & Reagents
Nucleic Acid Isolation and Purification, Type Outlook (Revenue – USD Million, 2016 – 2028)
• Genomic DNA
• Plasmid DNA
• Viral DNA
• Total RNA
Nucleic Acid Isolation and Purification, Method Outlook (Revenue – USD Million, 2016 – 2028)
• Magnetic Beads
Nucleic Acid Isolation and Purification, Application Outlook (Revenue – USD Million, 2016 – 2028)
• Precision Medicine
• Drug Discovery & Development
• Agriculture and Animal Research
• Other Applications
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