Categories: Healthcare

Cell-Free DNA Isolation And Extraction Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033

The cell-free dna isolation and extraction global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Cell-Free DNA Isolation And Extraction Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The cell-free DNA isolation and extraction market size has grown strongly in recent years. It will grow from $1.81 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%.  The growth in the historic period can be attributed to a rise in prevalence of cancer, rise in the field of microbial sequencing, significant investments by healthcare companies, rise in investments in genomics and biotechnology, rise in investment in research and development.

The cell-free DNA isolation and extraction market size is expected to see strong growth in the next few years. It will grow to $2.49 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.  The growth in the forecast period can be attributed to the growing adoption of cell-free deoxyribonucleic acid (DNA) isolation and extraction kits and tubes, rising investments in genomics and biotechnology, advancements in molecular diagnostics, growing demand for personalized medicine, increasing prevalence of chronic and infectious diseases. Major trends in the forecast period include the development of new products, strategic partnerships and collaborations, mergers and acquisitions, technological advancement, and new product launches.

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Scope Of Cell-Free DNA Isolation And Extraction Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Cell-Free DNA Isolation And Extraction Market Overview

Market Drivers –
The rising prevalence of cancer is expected to propel the growth of the cell-free DNA isolation and extraction market going forward. Cancer is a complex group of diseases characterized by the uncontrolled growth and spread of abnormal cells, often forming tumors, with the potential to invade other parts of the body, impair normal bodily functions, and, if left untreated, result in severe illness or death. Cancer cases are increasing due to the obesity epidemic, inherited genetic abnormalities, hepatitis B and C viruses, Epstein-Barr virus (EBV), and human papillomavirus (HPV). Cell-free DNA (cfDNA) extraction and isolation techniques enable comprehensive genomic analysis of cancer, offering valuable insights into tumor biology, treatment response, and disease progression. These techniques potentially revolutionize cancer management by facilitating early detection, personalized treatment approaches, and improved patient outcomes. For instance, in May 2024, according to the American Society of Clinical Oncology, a US-based professional organization, approximately 20 million new cases of cancer were diagnosed in 2022, which is estimated to reach 35 million by 2050, resulting in an estimated 9.7 million deaths attributed to the disease. Therefore, the rising prevalence of cancer is driving the growth of the cell-free DNA isolation and extraction market.

Market Trends –
Major companies operating in the cell-free DNA isolation and extraction market are focusing on developing innovative products, such as automated DNA extraction instruments, to gain a competitive edge in the market. Automated DNA extraction instruments are sophisticated laboratory devices designed to streamline and automate the process of isolating DNA from various biological samples. For instance, in September 2023, Yourgene Health plc, a UK-based molecular diagnostics company, launched the MagBench Automated DNA Extraction Instrument and Kit to optimize its Sage 32 NIPT workflow in Asia-Pacific and the Middle East. This innovative solution offers several unique features designed to streamline and enhance the DNA extraction process for prenatal screening. The MagBench instrument combines automation with precision, utilizing magnetic bead-based technology to efficiently isolate high-quality DNA from maternal blood samples.

The cell-free DNA isolation and extraction market covered in this report is segmented –
1) By Product Type: Kits, Reagents, Instruments
2) By Technology: Column-Based Isolation And Extraction, Magnetic Beads, Silica Membranes
3) By Application: Non-Invasive Prenatal Testing (NIPT), Oncology, Transplant Rejection, Other Applications
4) By End-User: Hospitals, Diagnostic Laboratories, Research Institutes, Biotech And Pharma Companies

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Regional Insights –
North America was the largest region in the cell-free DNA isolation and extraction market in 2023. The regions covered in the cell-free DNA isolation and extraction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the cell-free DNA isolation and extraction market are <b>F. Hoffmann-La Roche AG, Merck KGaA, Novartis AG, Thermo Fisher Scientific Inc., Agilent Technologies Inc., Illumina Inc., QIAGEN N.V., Natera Inc., Promega Corporation, STRATEC Biomedical AG, STRECK Inc., Omega Bio-tek Inc., SeraCare Life Sciences Inc., Yourgene Health plc, System Biosciences LLC, PreAnalytiX GmbH, Bioo Scientific Corporation, BioCAT GmbH, Norgen Biotek Corp., Epigentek Group Inc., NVIGEN Inc.</b>

Table of Contents
1. Executive Summary
2. Cell-Free DNA Isolation And Extraction Market Report Structure
3. Cell-Free DNA Isolation And Extraction Market Trends And Strategies
4. Cell-Free DNA Isolation And Extraction Market – Macro Economic Scenario
5. Cell-Free DNA Isolation And Extraction Market Size And Growth
…..
27. Cell-Free DNA Isolation And Extraction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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