San Francisco, 21 December 2018: The Report Nucleic Acid Isolation and Purification Market Analysis Report By Product, By Type
(DNA, RNA), By Application (Drug Discovery, Oncology), By Method, By End Use,
By Region, And Segment Forecasts, 2018 - 2025
The global nucleic acid isolation & purification market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.8% during the forecast period. Decreasing cost of genetic sequencing, ongoing developments in genetics, personalized medicine, and diagnostics, and increasing automation and technological advancements in instruments and tools used for isolation and purification of polynucleotides are some of the key factors driving this market.
Nucleic acid isolation and purification is
the most basic step deployed in any biological research. Extraction, isolation,
and purification of DNA and RNA are very crucial and need the help of experts.
These techniques are mostly used in cloning, sequencing, genetic engineering,
life science research, forensics, agriculture, and other fields.
Utilization of nucleic acids has gone
beyond mere storage of genetic information and protein synthesis. These
biological moieties can be used in myriad healthcare domains such as gene
therapy, therapeutics and diagnostics, precision medicine, and forensics.
Over the years, scientists have been able
to separate and purify nucleic moieties such as mRNA, miRNA, plasmid DNA, and
genomic DNA. This is helpful in studying diseases and their pathologies at a
genetic level in detail, which in turn, has proved helpful in designing
therapeutics and diagnostics for several life threatening diseases. The
detachment, disengagement, ligation, and purification of nucleic acids has
become a lot easier than before, thanks to technological advancements and
increasing use of DNA/RNA sequencing.
Various methods are used for the isolation
and purification of nucleic acids such as silica based, magnetic bead based,
and reagent based. Magnetic bead-based isolation and purification has become
increasingly popular among researchers. These techniques and tools are utilized
by diagnostic labs and clinics, pharmaceutical and biotech companies,
scholastic research institutes, and hospitals.
North America currently holds the largest
share in this market, followed by Europe. Asia is likely to register the
fastest growth owing to its rapidly expanding economy, rising healthcare
expenditure, and increasing government financing in research projects.
High cost of instruments that are utilized
as part of the methodology for isolation and purification of nucleic acids is
one of the key challenges in the market, especially in emerging countries.
Major players in this market include QIAGEN; Danaher Corporation; Thermo Fisher
Scientific, Inc.; Agilent Technologies Inc.; Bio-Rad Laboratories Inc.; and
Promega Corporation.
Access Research Report of Nucleic Acid Isolation &
Purification Market @ www.grandviewresearch.com/industry-analysis/nucleic-acid-solation-and-purification-market
Further key findings from the report suggest:
· Rapid advancement in the application of
genetics in sequencing and different healthcare domains is expected to drive
this market
· Surge in demand for automated instruments
and tools for nucleic acid isolation and purification is also benefitting
market growth
· High cost of instruments and ambiguous
reimbursement policies in some countries for genetic testing and research are
expected to emerge as key challenges in the market
· Application of nucleic acid isolation &
purification technologies in oncology is expected to expand at a CAGR of 7.8%
during the forecast period
· Large number of technology providers,
better healthcare infrastructure and facilities, greater patient awareness, and
faster adoption of advanced technologies such as next-generation sequencing are
responsible for market growth in North America and Europe
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/biotechnology
Grand View Research has segmented the
global nucleic acid isolation & purification market based on product, type,
application, method, end use, and region:
Nucleic Acid Isolation & Purification
Product Outlook (Revenue, USD Million, 2014 - 2025)
·
Kits & Reagents
·
Instruments
Nucleic Acid Isolation & Purification
Type Outlook (Revenue, USD Million, 2014 - 2025)
·
DNA Isolation &
Purification
·
RNA Isolation &
Purification
Nucleic Acid Isolation & Purification Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Oncology
·
Precision Medicine
·
Diagnostics
·
Drug Discovery & Development
·
Agriculture and Animal Research
·
Others
Nucleic Acid Isolation & Purification
Method Outlook (Revenue, USD Million, 2014 - 2025)
·
Column-based
·
Magnetic Bead-based
·
Reagent-based
·
Others
Nucleic Acid Isolation & Purification
End-use Outlook (Revenue, USD Million, 2014 - 2025)
·
Academic Research Institutes
·
Pharmaceutical and Biotechnology Companies
·
Contract Research Organizations
·
Hospitals and Diagnostic Centers
·
Others
Nucleic Acid Isolation & Purification
Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East Africa
Access Press Release of
Nucleic Acid Isolation & Purification Market@
www.grandviewresearch.com/press-release/global-nucleic-acid-isolation-purification-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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