The dna/rna sample extraction and isolation 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.
DNA/RNA Sample Extraction And Isolation 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 DNA/RNA sample extraction and isolation market size has grown strongly in recent years. It will grow from $2.33 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to advancements in genomics research, increasing demand for personalized medicine, rising prevalence of genetic disorders, growing investments in life sciences research, technological advancements in sample extraction techniques.
The DNA/RNA sample extraction and isolation market size is expected to see strong growth in the next few years. It will grow to $3.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to expanding applications of genomics in diagnostics and drug development, rising adoption of precision medicine, increasing awareness and focus on genetic testing, continuous developments in sample extraction technologies, growing collaborations and partnerships in the biotechnology sector. Major trends in the forecast period include technological advancements in extraction and isolation techniques, adoption of automation and high-throughput techniques, emergence of new players and collaborations in the market, shift towards point-of-care testing and decentralized diagnostics, rising investments in healthcare infrastructure and R&D.
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Scope Of DNA/RNA Sample Extraction And Isolation 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.
DNA/RNA Sample Extraction And Isolation Market Overview
Market Drivers –
The rising prevalence of infectious diseases is expected to propel the growth of the DNA/RNA sample extraction and isolation market going forward. Infectious diseases refer to illnesses caused by the invasion and multiplication of pathogenic microorganisms, including bacteria, viruses, fungi, and parasites. DNA/RNA extraction is essential for PCR-based diagnostic tests and is widely utilized to detect the genetic material of pathogens with sensitivity and specificity, enabling the identification of infectious agents like viruses or bacteria in patient samples. For instance, in July 2023, according to UNAIDS, a Switzerland-based UN program dedicated to addressing the global HIV/AIDS epidemic, the global population living with HIV increased to 39 million in 2022, up 3.17% from 37.7 million in 2020. Moreover, there were approximately 1.3 million new HIV infections reported in 2022. Furthermore, in March 2023, according to the Centers for Disease Control and Prevention, a US-based national public health organization, in the United States, 8,331 cases of tuberculosis (TB) were reported in 2022, a rise from 7,874 cases in 2021. Therefore, the rising prevalence of infectious diseases will drive the growth of the DNA/RNA sample extraction and isolation market.
Market Trends –
Major companies operating in the DNA/RNA sample extraction and isolation market are adopting new technologies, such as automated sample preparation and analysis solutions, to sustain their position in the market. An automated solution for sample preparation and analysis refers to a technology-driven system that streamlines and mechanizes the various steps involved in preparing samples and conducting analyses. For instance, in November 2023, Qiagen N.V., a Germany-based biotechnology and life sciences research company, launched the TissueLyser III and RNeasy PowerMax Soil Pro Kit for improved sample processing and RNA isolation. The introduction of two new products aims to support researchers in managing diverse materials such as bone, tissue, and soil samples. The TissueLyser III stands out as a high-throughput instrument adept at efficiently disrupting various biological samples containing nucleic acids, including DNA and RNA, offering enhanced versatility for researchers. In contrast, the RNeasy PowerMax Soil Pro Kit boasts a specialized design tailored to isolate high-purity RNA from difficult soil samples abundant in PCR inhibitors, leveraging QIAGEN’s advanced inhibitor removal technology to overcome these challenges effectively.
The dna/rna sample extraction and isolation market covered in this report is segmented –
1) By Product: Consumables, Instruments
2) By Technology: Consumable-Based Technology, Instrument-Based Technology
3) By Application: Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), Cloning, Microarray, Blotting Techniques, Other Applications
4) By End-User: Clinical Diagnostic And Forensic Laboratories, Research Academics And Institutions, Pharmaceutical And Biotechnology Companies, Contract Research Organizations (CRO), Other End-Users
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Regional Insights –
North America was the largest region in the DNA/RNA sample extraction and isolation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dna/rna sample extraction and isolation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
F Hoffmann-La Roche AG, Thermofisher Scientific Inc., Danaher Corporation , MilliporeSigma, Agilent Technologies, Illumina Inc., PerkinElmer Inc., Sigma-Aldrich, bioMérieux SA, Bio-Rad Laboratories Inc., Qiagen N.V., Eppendorf AG, Macherey-Nagel Gmbh & Co. KG, Tecan Group, Promega Corporation, Abnova Corporation, Abcam Plc., Takara Bio Inc., New England Biolabs, Omega Bio-tek Inc., Zymo Research, PCR Biosystems, Biotium Inc., Beckman Coulter, Norgen Biotek Inc.
Table of Contents
1. Executive Summary
2. DNA/RNA Sample Extraction And Isolation Market Report Structure
3. DNA/RNA Sample Extraction And Isolation Market Trends And Strategies
4. DNA/RNA Sample Extraction And Isolation Market – Macro Economic Scenario
5. DNA/RNA Sample Extraction And Isolation Market Size And Growth
…..
27. DNA/RNA Sample Extraction And Isolation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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