IMARC Group, a leading market research company, has recently releases report titled “Nucleic Acid Isolation and Purification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023–2028.” The study provides a detailed analysis of the industry, including the global nucleic acid isolation and purification market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global nucleic acid isolation and purification market size reached US$ 4.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023–2028.
Nucleic acid isolation and purification represent essential processes utilized in forensic analysis and molecular biology to segregate DNA and RNA from membranes, proteins, and other cellular constituents. These procedures encompass a variety of forms, including total RNA isolation and purification, PCR cleanup, plasmid DNA isolation and purification, microRNA isolation and purification, and more. Their significance is pivotal in facilitating efficient sample processing for clinicians, enabling the identification of cancer risks, the diagnosis of genetic mutations in patients, the formulation of novel therapeutics, and the optimization of drug effectiveness. Consequently, these methodologies find extensive utility across a spectrum of institutions, including hospitals, diagnostic centers, academic research institutes, pharmaceutical and biotechnology companies, contract research organizations, and other pertinent entities.
The nucleic acid isolation and purification market is undergoing significant expansion attributed to various factors. Among these, a prominent driver is the rising prevalence of infectious diseases, chronic disorders, and genetic conditions necessitating accurate and efficient nucleic acid analysis. This procedure finds extensive utility in the pharmaceutical sector for microorganism identification, mutation detection, and investigating their role in antibiotic resistance, thereby contributing to the market’s growth. Furthermore, the market is reaping benefits from the advent of magnetic bead-based extraction kits employed in liquid handling platforms. These kits facilitate the extraction of remarkably pure nucleic acids from diverse sources like blood, tissue, and plant materials, thereby augmenting process efficiency and reliability. Moreover, there exists a mounting awareness of genomic diagnostics among patients, driving an augmented demand for nucleic acid isolation and purification services. The progressions in genomic sequencing techniques have also elevated disease diagnosis accuracy, acting as an additional growth stimulant. Additionally, the utilization of DNA and RNA isolation for routine pathogen and microorganism screening and the widespread embrace of polymerase chain reaction (PCR) techniques for genetic abnormality detection further contribute to propelling the nucleic acid isolation and purification market in the foreseeable future. These dynamics, combined with ongoing technological advancements and increased research and development investments by key market players, are anticipated to serve as driving forces for the market’s progression.
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