Nucleic Acid Isolation and Purification Market Report | Size, Growth, Opportunities and Forecast 2022-2029
The Global Nucleic Acid Isolation And Purification Market is anticipated to reach US$ 994 million by 2022.
Rising government and commercial sector investment in the development of novel biotechnological diagnostic procedures, as well as the growing need to identify and define microbial diversity, are driving market demand.
With growing need to understand and characterize microbial diversity,
including that associated with human body, governments as well as private
companies are increasingly investing in life science projects, thereby creating
a greater demand for nucleic acid isolation and purification. While the high
cost challenge persists, shortage of skilled professionals in healthcare and
biopharma industries remain the longstanding challenges.
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“Rapid and efficient methods or products
to extract genomic RNA and DNA from virtually any biological sample have been
growing in demand to ensure the success of downstream applications in molecular
biology. With growing research on detection of tumor specific changes, FMI
study finds that nucleic acid isolation and purification market vendors are
exploring new technologies to facilitate ease-of-use and minimize user-error of
their products.”
Future market Insights' study reveals that the nucleic
acid isolation and purification market is likely to expand at a CAGR of ~5%
during the period 2019-2029. One of the key influencing factors is
manufacturers' focus to direct their investments towards advanced technologies
such as magnetic-bead or bead-beating technology, to align with end users'
demand for an effective system for extraction of high-quality starting material
and efficient inhibitor removal. The unique challenges for extracting and
purifying nucleic acid from different organisms and tissue types, have also
brought more focus on customized systems and solutions.
Advances in Microbiome Research to
Dictate Manufacturers’ Growth Strategies
In comparison with RNA isolation kits, manufacturers continue to
increase innovations and production of DNA isolation kits, as the category is
expected to account for larger share in the market during the forecast period.
As per the study, lucrative opportunities are identified in increasing
application scope of DNA isolation and purification kits in various academic
research institutes, contract research organizations, and biotechnologies
companies to not only successfully extract the DNA but also to minimize the
presence of contaminants and prevent nucleic acid degradation during
preparation. As genomic and microbiome research advances, manufacturers are
working on automating the nucleic acid isolation and purifications kits to
recover DNA and RNA from the toughest samples used in microbiome work such as
soil and stool samples.
Growth prospects of the nucleic acid isolation and purification
market, as the study opines, are relatively high in developed countries of
North America and Europe. Hefty investments in R&D on molecular biology and
precision medicines over gradual increase in the prevalence of cancer, genetic
disorders, and complex diseases are likely to influence the manufacturers to
enhance their production capabilities.
Key Companies Profiled:
·
QIAGEN
·
Thermo
Fisher Scientific, Inc.
·
Illumina,
Inc.
·
F.
Hoffmann-La Roche AG
·
Merck
KGaA
·
Agilent
Technologies
·
Bio-Rad
Laboratories, Inc.
·
Takara
Bio, Inc.
·
Promega
Corporation
·
New
England Biolabs
·
LGC
Limited
·
Abcam
plc
·
Norgen
Biotek Corp
·
AutoGen,
Inc.
·
Biogenuix
·
PCR
Biosystems, Inc.
·
MagGenome
·
Apical
Scientific Sdn. Bhd
·
MACHEREY-NAGEL
GmbH & Co. KG
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