Nucleic Acid Isolation and Purification Market
The nucleic acid isolation and purification market size reached US$ 4.9 Bn in 2022 and predicted to reach US$ 8.1 Bn by 2028, at a CAGR of 8.5% during 2023-2028
SHERIDAN, WYOMING, UNITED STATES, December 3, 2023 /EINPresswire.com/ — IMARC Group, a leading market research company, has recently releases report titled “Nucleic Acid Isolation and Purification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global nucleic acid isolation and purification market growth, trends, size, share and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global nucleic acid isolation and purification market size reached US$ 4.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028. The increasing demand in molecular diagnostics and research, automation and high-throughput technology advancements, the impact of the COVID-19 pandemic, and expanding applications beyond healthcare are some of the major factors propelling the market.
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Factors Affecting the Growth of the Nucleic Acid Isolation and Purification Industry:
• Technological Advancements:
Advancements in extraction techniques, such as magnetic bead-based methods and automated platforms, are streamlining the isolation of nucleic acids. These methods reduce hands-on time, minimize contamination risks, and enhance sample throughput. Automation in nucleic acid isolation and purification is leading to higher reproducibility and reduced human errors. Robotic systems can handle large sample volumes and ensure consistency in results. Technological advancements are enabling the development of high-throughput systems capable of processing many samples simultaneously.
• Research in Genomics and Personalized Medicine:
Genomics research helps in understanding the genetic makeup of individual patients comprehensively. This involves the analysis of deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) to identify genetic variations, mutations, and gene expression patterns. Nucleic acid isolation and purification are fundamental steps in this process. Personalized medicine focuses on tailoring medical treatments as per the genetic profile of individuals. Researchers seek biomarkers in nucleic acids that can predict disease susceptibility, treatment response, and prognosis. Purified nucleic acids are essential for biomarker discovery and validation.
• Agriculture and Food Safety:
Nucleic acid isolation and purification methods are used to detect and identify pathogens, including bacteria, viruses, and parasites, in food products. This is crucial for preventing foodborne illnesses and ensuring food safety. Nucleic acid analysis methods are also employed in quality control processes to verify the authenticity and integrity of food products. They help identify contaminants, adulterants, and genetically modified organisms (GMOs) in food items. The identification of allergenic substances in food products is essential for individuals with food allergies. Nucleic acid-based assays are used to detect allergens accurately.
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Nucleic Acid Isolation and Purification Market Report Segmentation:
Breakup by Product:
• Kits and Reagents
• Instruments
Kits and reagents represented the largest segment as they are essential components in nucleic acid isolation and purification workflows.
Breakup 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
Plasmid DNA isolation and purification accounted for the largest market share due to the widespread use of plasmids in molecular biology research.
Breakup by Method:
• Column-Based Isolation and Purification
• Magnetic Bead-Based Isolation and Purification
• Reagent-Based Isolation and Purification
• Others
Column-based isolation and purification exhibit a clear dominance in the market as column-based methods are known for their high purity and yield.
Breakup by End User:
• Hospitals and Diagnostic Centers
• Academic and Government Research Institutes
• Pharmaceutical and Biotechnology Companies
• Contract Research Organizations
• Others
Hospitals and diagnostic centers hold the biggest market share on account of the rising utilization of nucleic acid isolation and purification for molecular diagnostics.
Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
North America enjoys the leading position in the nucleic acid isolation and purification market due to its well-established healthcare infrastructure.
Global Nucleic Acid Isolation and Purification Market Trends:
Rapid technological advancements in nucleic acid isolation and purification methods and equipment are leading to increased efficiency, accuracy, and scalability. With a focus on personalized medicine, there is a rising demand for high-quality nucleic acid samples to tailor medical treatments based on the genetic profile of individuals.
The integration of next-generation sequencing (NGS) technologies in genomics research is driving the need for reliable nucleic acid isolation and purification, as high-quality samples are critical for NGS workflows.
Who Are The Key Players Operating In The Industry?
The report covers the major market players including:
• Abcam plc
• Agilent Technologies Inc.
• Bio-Rad Laboratories Inc.
• Illumina Inc.
• Macherey-Nagel Gmbh & Co. Kg
• New England Biolabs
• Norgen Biotek Corp.
• Omega Bio-Tek Inc.
• Promega Corporation
• Qiagen
• Roche Molecular Systems Inc. (F. Hoffmann-La Roche AG)
• Takara Bio Inc. (Takara Holdings Inc.)
• Thermo Fisher Scientific Inc.
Other Key Points Covered in the Report:
• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations
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