Market Research Report
Nucleic Acid Isolation And Purification Market Size, Share & Trends Analysis Report By Product, By Type (DNA, RNA), By Application, By Method (Magnetic Bead, Reagent), By End Use, By Region, And Segment Forecasts, 2020 - 2027
|Published by||Grand View Research, Inc.||Product code||731200|
|Published||Content info||175 Pages
Delivery time: 2-3 business days
|Nucleic Acid Isolation And Purification Market Size, Share & Trends Analysis Report By Product, By Type (DNA, RNA), By Application, By Method (Magnetic Bead, Reagent), By End Use, By Region, And Segment Forecasts, 2020 - 2027|
|Published: February 13, 2020||Content info: 175 Pages||
The global nucleic acid isolation and purification market size is expected to reach USD 4.2 billion by 2027, growing at a CAGR of 7.2% during the forecast period, according to a new report by Grand View Research, Inc. Nucleic acid isolation is the most basic step deployed in sequencing technologies. Increasing employment of next-generation sequencing (NGS) techniques along with the declining cost of genomic sequencing drives the market.
Ongoing developments of automated nucleic acid extraction systems designed for high-throughput sample processing have significantly simplified the isolation of DNA and RNA, thereby providing lucrative avenues for market growth. These systems potentially reduce the labor costs and time, increase worker safety, laboratory efficiency, reproducibility, and quality of results.
The growing popularity of biopharmaceuticals has led to the development of nucleic acid-based products, such as DNA vaccines, small interfering RNA, and antisense oligonucleotides. These products are applied in therapeutic techniques, such as gene therapy and anti-sense technology, as a powerful tool for medical practitioners to treat cancer, genetic, and infectious diseases. This has boosted the adoption of DNA or RNA isolation techniques in the market.
QIAGEN, Agilent Technologies, Danaher, Illumina, Roche, and Thermo Fisher are some key companies operating in the nucleic acid isolation and purification market.