(PharmaNewsWire.Com, December 01, 2017 ) According to the report Nucleic Acid Isolation And Purification Market By Product (Kits, Reagents, Instruments), Technology (Column Based, Reagent Based, Magnetic Bead Based), Application (Plasmid DNA, Genomic DNA, Micro RNA, Blood DNA, Messenger RNA, Total RNA, PCR Clean-up) And End Users(Academic And Government Research Institutes, Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Hospitals And Diagnostic Centres) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (20162021) published by Market Data Forecast, the Global Nucleic Acid Isolation and Purification Market was worth USD 2.77 billion in 2016 and estimated to be growing at a CAGR of 8.27%, to reach USD 4.12 billion by 2021. Nucleic acid isolation and purification is a set of molecular biology techniques used for the extraction and purification of DNA and RNA for use in downstream applications.
Global Nucleic Acid Isolation And Purification Market Overview: Growing use of nucleic acid-based tests in diagnosis, the rising demand of pure nucleic acids in pharmaceutical and biotechnological industries, increasing applications of the techniques in various fields such as genetic engineering, life science research, forensics and molecular diagnostics, government funding in R&Ds, technological innovations and increasing automation, availability of benchtop instruments and increasing investments from pharma companies are the major drivers for the growth of the global nucleic acid isolation and purification market. However, low market penetration of automated nucleic acid isolation and purification procedures in developing countries, higher prices of the instruments associated with these procedures and increasing market consolidation are the major challenges for this market.
Global Nucleic Acid Isolation And Purification Market Overview: The Global market of Nucleic Acid Isolation and Purification is categorised into product, technology, application, end user, and geography. On the basis of product, the market is segmented into reagents, kits and instruments. Based on various type of technology, the market can be segmented as column based, reagent-based, magnetic bead based and others for DNA and RNA isolation and purification. Column-based technique has the largest share and Magnetic bead-based technique is projected to grow at fastest rate in the Global market. Application segments of this market includes genomic DNA isolation and purification, micro RNA isolation and purification, blood DNA isolation and purification, mRNA isolation and purification, plasmid DNA isolation and purification, total RNA isolation and purification and PCR clean up. The plasmid DNA isolation and purification is the leading market segment by application. The end-users of the market are pharmaceutical and biotechnology companies, academic and government research institutes, contract research organizations, hospitals and diagnostic centers. In the Global market, academic research organizations have the major share.
Geographical Brief: Based on geography the global nucleic acid purification market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America has the maximum share in the Global Nucleic Acid Isolation and Purification market followed by Europe. Asia Pacific is the fastest growing market due to various emerging economies. The market in the region is easy to penetrate and it is expected to have a huge future scope in the region, especially India and China, so the players are looking invest more in Asia-Pacific region.
Key players in the Global Nucleic acid isolation and purification market are: Qiagen Bio-Rad Laboratories Inc Illumina Inc Agilent Technologies Inc Thermo Fischer Scientific Inc F. Hoffmann-La Roche AG Sigma-Aldrich Co. LLC General Electric Company Danaher Corporation Promega Corporation Life Technologies Roche Applied Sciences Takara Bio, Inc. Others
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