According to IMARC Group’s latest report, titled “Nucleic Acid Isolation and Purification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global nucleic acid isolation and purification market size reached a value of US$ 4.45 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.47 Billion by 2027, exhibiting a (CAGR) of 8.80% during 2022-2027.
Nucleic acid isolation and purification refer to routine procedures in forensic analysis and molecular biology used for separating deoxyribonucleic acid or DNA and ribonucleic acid or RNA from membranes, proteins, and other cellular materials. They are of several types, including total RNA isolation and purification, PCR cleanup, plasmid DNA isolation and purification, microRNA isolation and purification, etc. These Nucleic acid isolation and purification methods help clinicians to process the samples in minimum time, determine the high risk for cancer, diagnose patients with genetic mutations, develop new therapeutics, and improve the effectiveness of drugs. Consequently, they find extensive applications in hospitals, diagnostic centers, academic research institutes, pharmaceutical and biotechnology companies, contract research organizations, etc.
Market Trends:
The growing prevalence of infectious diseases, chronic disorders, and genetic conditions is primarily driving the nucleic acid isolation and purification market. In line with this, the increasing employment of the procedure in the pharmaceutical segment to identify microorganisms and genetic predispositions, detect various mutations, and analyze their role in antibiotics is acting as another significant growth-inducing factor.
Additionally, the introduction of magnetic bead-based extraction kits employed for liquid handling platforms, which can extract the highest purity nucleic acids from blood, tissue, and plant materials, is also positively influencing the market growth. Moreover, the expanding awareness about genomic diagnostics among patients and the rising efficiency of genomics sequencing in diagnosing diseases are further stimulating the global market. Apart from this, the elevating use of DNA and RNA isolation to screen and detect pathogens and microorganisms in routine samples and the escalating adoption of polymerase chain reaction (PCR) techniques for detecting genetic abnormalities are expected to fuel the nucleic acid isolation and purification market in the coming years.
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Nucleic Acid Isolation and Purification Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the nucleic acid isolation and purification market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
The report has segmented the wheat starch market on the basis of product, type, method and end user.
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