Nucleic Acid Isolation and Purification Market to Hit USD 1,452.9 Million by 2029 at a 5.6% of CAGR

Nucleic Acid Isolation and Purification Market
Nucleic Acid Isolation and Purification Market

 

The global Nucleic Acid Isolation and Purification Market is set to achieve a valuation of USD 994 million by 2022, driven by significant investments from government and private agencies in the development of novel biotechnological diagnostic techniques. The growing need to understand and characterize microbial diversity is further fueling demand for these essential processes.

Nucleic acid isolation and purification are critical steps in molecular biology, enabling researchers to extract and analyze DNA or RNA for a wide range of applications, including genetic studies, disease diagnostics, and biotechnological advancements. Increasing adoption in next-generation sequencing (NGS), polymerase chain reaction (PCR), and other advanced diagnostic technologies is significantly contributing to market growth.

The expanding focus on microbial diversity research, supported by advancements in metagenomics, is a key market driver. These developments are helping researchers gain deeper insights into microbial ecosystems and their roles in health and disease. Additionally, rising demand for precision medicine and personalized healthcare solutions is creating opportunities for further market expansion.

North America dominates the market, thanks to its robust R&D ecosystem and significant funding for biotechnology. Meanwhile, Asia-Pacific is emerging as a promising region due to increasing investments in life sciences and growing adoption of advanced diagnostic techniques.

Key Takeaways:

  • The global nucleic acid isolation and purification market is projected to reach USD 994 million by 2022.
  • Rising investments in biotechnological diagnostic techniques and the need to study microbial diversity are major growth drivers.
  • The market benefits from applications in next-generation sequencing (NGS), polymerase chain reaction (PCR), and metagenomics research.
  • North America leads the market, while Asia-Pacific offers significant growth potential due to increasing life sciences investments.

Key Growth Drivers

  1. Government and Private Investments: Increased funding for research and development in biotechnology is enhancing the capabilities of nucleic acid isolation and purification methods.
  2. Rising Demand for Diagnostics: The need for effective diagnostic tools in genomics and molecular biology is propelling the market forward.
  3. Characterization of Microbial Diversity: There is a growing emphasis on understanding microbial ecosystems, which requires advanced nucleic acid isolation techniques.

Future Outlook

The nucleic acid isolation and purification market is set for steady growth, with an expected increase in demand driven by advancements in biotechnology and a focus on genomic research. As the industry evolves, the integration of new technologies will likely enhance the efficiency of nucleic acid isolation processes, further supporting market expansion.In summary, the global nucleic acid isolation and purification market is on track to achieve substantial growth due to rising investments in biotechnology, increasing diagnostic needs, and a focus on microbial diversity characterization.

 

Regional Insights

  • North America is anticipated to lead the market, supported by a robust healthcare infrastructure and significant research activities.
  • East Asia is also expected to contribute notably, with increasing biotechnological advancements in countries like China and India.

Competitive Landscape

Leading players operating in the global nucleic acid isolation and purification market are aiming at launching novel products to gain a competitive edge. On the other hand, some of the manufacturers are focusing on adopting inorganic strategies such as partnership, collaboration, and acquisition with other companies to develop novel products. For instance,

  • In February 2020, Promega Corporation, a USA-based biochemistry and molecular biology company, announced launching its new product, Wizard HMW DNA Extraction Kit. The kit facilitates providing steady performance during long-read sequencing applications and also assists researchers in working with large DNA fragments.

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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Nucleic Acid Isolation and Purification Market by Category

By Product:

  • DNA Extraction and Purification Kits
    • Column Based Kits
    • Magnetic Beads
    • Reagent Based Kits
  • RNA Extraction and Purification Kits
    • Column Based Kits
    • Magnetic Beads
    • Reagent Based Kits

By Application:

  • Plasmid Isolation and Purification
  • DNA Isolation and Purification
  • RNA Isolation and Purification

By End User:

  • Pharmaceutical Companies
  • Biotechnology Companies
  • Contract Research Organizations
  • Academic Research Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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