IMARC Group has recently released a new research study “Nucleic Acid Isolation and Purification Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What Are The Growth Prospects Of The Nucleic Acid Isolation And Purification Industry?
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.
What Is a Nucleic Acid Isolation and Purification?
Nucleic acid isolation and purification are routine procedures commonly employed in forensic analysis and molecular biology. They involve separating deoxyribonucleic acid (DNA) and ribonucleic acid (RNA) from cellular materials such as membranes and proteins. These procedures encompass various types, including total RNA isolation and purification, PCR cleanup, plasmid DNA isolation and purification, microRNA isolation and purification, among others. The methods of nucleic acid isolation and purification are invaluable in clinical settings, enabling efficient processing of samples, identification of high cancer risk, diagnosis of patients with genetic mutations, development of new therapeutics, and enhancement of drug effectiveness. As a result, these procedures have wide-ranging applications in hospitals, diagnostic centers, academic research institutes, pharmaceutical and biotechnology companies, and contract research organizations.
What Are The Key Factors Driving In The Nucleic Acid Isolation And Purification Market:
The growing prevalence of infectious diseases, chronic disorders, and genetic conditions is primarily driving the nucleic acid isolation and purification market. In line with this, the increasing employment of the procedure in the pharmaceutical segment to identify microorganisms and genetic predispositions, detect various mutations, and analyze their role in antibiotics is acting as another significant growth-inducing factor.
Additionally, the introduction of magnetic bead-based extraction kits employed for liquid handling platforms, which can extract the highest purity nucleic acids from blood, tissue, and plant materials, is also positively influencing the market growth. Moreover, the expanding awareness about genomic diagnostics among patients and the rising efficiency of genomics sequencing in diagnosing diseases are further stimulating the global market. Apart from this, the elevating use of DNA and RNA isolation to screen and detect pathogens and microorganisms in routine samples and the escalating adoption of polymerase chain reaction (PCR) techniques for detecting genetic abnormalities are expected to fuel the nucleic acid isolation and purification market in the coming years.
Global Nucleic Acid Isolation and Purification Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Nucleic Acid Isolation and Purification Companies:
Hewlett Packard Enterprise Company, Infosys Limited, International Business Machines Corporation, Atos SE, BMC Software Inc, Broadcom Inc., Dell Technologies Inc., DXC Technology Company, Fujitsu Limited, HCL Technologies Limited (HCL Enterprise), NEC Corporation (AT&T Inc.) and Wipro Limited.
The report has segmented the market on the basis of product, type, method, end user and region.
Breakup by Product:
- Kits and Reagents
- Instruments
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
Breakup by Method:
- Column-Based Isolation and Purification
- Magnetic Bead-Based Isolation and Purification
- Reagent-Based Isolation and Purification
- Others
Breakup by End User:
- Hospitals and Diagnostic Centers
- Academic and Government Research Institutes
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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