The Nucleic Acid Labeling Global Market Report 2023, provides comprehensive information on the nucleic acid labeling market 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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As per The Business Research Company’s Nucleic Acid Labeling Global Market Report 2023, the global nucleic acid labeling market is expected to grow from $2.18 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.61%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The nucleic acid labeling market is expected to reach $3.26 billion in 2027 at a CAGR of 8.63%.
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Technological advancements are a key trend gaining popularity in the nucleic acid labeling market. Major companies operating in the nucleic acid labeling market are focused on advancements in nanotechnology to sustain their position in the market. For instance, in January 2023, Cambridge Nucleomics, a UK-based biotechnology company, developed a new technology nano bait. This technology is used for the diagnosis of highly multiplexed detection of nucleic acid signatures caused by respiratory pathogens and provides a faster solution for viral RNA detection compared to the other techniques.
The nucleic acid labeling market is segmented:
North America was the largest region in the nucleic acid labeling market in 2022.
The table of contents in TBRC’s nucleic acid labeling market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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