The Nucleic Acid Isolation & Purification Global Market Report 2023 by The Business Research Company, provides nucleic acid isolation and purification market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Nucleic Acid Isolation & Purification Global Market Report 2023, the global nucleic acid isolation & purification market size is expected to grow from $4.94 billion in 2022 to $5.44 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nucleic acid isolation & purification market is expected to grow to $7.98 billion in 2027 at a CAGR of 10.1%.
The development of personalized medicine is expected to propel the nucleic acid isolation and purification market. Personalized medicine aids doctors in designing individualized treatment plans and making treatment decisions based on a genetic understanding of the patient’s disease. The nucleic acid isolation and purification help in sequencing, cloning, polymerase chain reaction, and others to identify the root cause of disease and prescribe specific precision medicine for treatment.
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The nucleic acid isolation and purification market is segmented:
1) 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; Other Nucleic Acid Isolation and Purification Types
2) By Method: Column-based Isolation and Purification; Magnetic Bead-Based Isolation and Purification; Reagent-Based Isolation and Purification; Other Isolation and Purification Methods
3) By Application: Diagnostics, Drug Discovery and Development, Personalized Medicine, Agriculture and Animal Research, Other Applications
4) By End-user: Academic and Research Institutions, Biopharmaceutical and Biotechnological, Companies, Contract Research Organizations, Applied Testing, Clinical Diagnostic Centers, Other End Users
Technological advancement is a key trend gaining popularity in the nucleic acid isolation and purification market. Major market players operating in nucleic acid isolation and purification are concentrating on creating innovative technologies to sustain their market position. For instance, in February 2020, Promega Corporation, a US-based biotechnology manufacturer, launched its new Wizard HMW DNA Extraction Kit. This kit obtains DNA that will perform well in long-read sequencing applications in a 90-minute manual protocol.
The nucleic acid isolation and purification market report table of contents includes:
- Executive Summary
- Nucleic Acid Isolation & Purification Market Characteristics
- Nucleic Acid Isolation & Purification Market Trends And Strategies
- Nucleic Acid Isolation & Purification Market – Macro Economic Scenario
- Nucleic Acid Isolation & Purification Market Size And Growth
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- Africa Nucleic Acid Isolation & Purification Market
- Nucleic Acid Isolation & Purification Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Nucleic Acid Isolation & Purification Market
- Nucleic Acid Isolation & Purification Market Future Outlook and Potential Analysis
- Appendix
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